Diamond in the Rough Home Loan

Diamond in the Rough Home Loan是面向Delaware购房者的延期第二贷款，由Delaware State Housing Authority (DSHA)管理。 Diamond in the Rough combines an FHA 203(k) Limited renovation mortgage (purchase price plus minor renovations up to $35,000 in a single loan) with a DSHA 5% second loan for down payment and closing cost assistance. The 0%-interest, no-monthly-payment second loan is deferred until refinance, sale, transfer of title, or the home ceasing to be the primary residence. It lets buyers purchase homes needing minor repairs and complete the work after closing. 5% of first mortgage as down payment/closing cost assistance. Finances minor renovations up to $35,000 in one mortgage. 0% interest, no monthly payment on DPA second loan. Deferred repayment until sale/refinance/transfer/non-occupancy. Combines purchase + repairs (kitchen, paint, appliances, windows/doors, roof/gutters, pool repairs). 资金来自DSHA funds (table-funded at closing by DSHA); first mortgage is FHA 203(k) Limited.

Diamond in the Rough Home Loan为延期还款，在房屋出售、再融资或第一抵押贷款还清之前无需付款。 触发还款的情形：Principal deferred (no monthly payment) and becomes repayable upon the earliest of: refinance, sale of home, transfer of title, or the property is no longer the borrower's primary residence. 30-year maturity. 该援助以Second lien顺位留置权登记。 免除和还款条款由项目设定，并可能变化——申请前请在项目官方网页上确认。

Diamond in the Rough Home Loan面向首次购房者和将房屋作为主要住所自住的购房者。 此处的“首次”有例外情况：Offered under the Welcome Home program (first-time homebuyers). Qualified Veterans and targeted-area purchases are exempt from the first-time-homebuyer requirement. Not available under Open Door. 关于信用，该项目说明：Minimum FICO 640 (FHA 203(k) Limited requirement). Borrowers with FICO 659 or below must complete homeownership education through a Delaware HUD-approved housing counseling agency. All borrowers and the subject property must meet FHA 203(k) Limited guidelines. 居住要求：Property must be located in Delaware and used as the borrower's primary residence. Welcome Home program only (first-time buyers, with veteran/targeted-area exceptions). Must qualify for FHA 203(k) Limited (min FICO 640); borrower and property must meet FHA 203(k) Limited guidelines. Borrower may use only one DPA second loan program. Renovations limited to minor, non-structural work up to $35,000. DTI, max household size, max liquid assets, min contribution, HOA, and acreage limits not specified on official sources reviewed.

Diamond in the Rough Home Loan的收入限制如下：Welcome Home limits (by household size): New Castle County $119,400 (1-2 person) / $137,310 (3+ person); Kent & Sussex $108,800 (1-2) / $125,120 (3+). Targeted-area Welcome Home limits: New Castle $143,280 / $167,160; Kent & Sussex $130,560 / $152,320. Income counted for those on the note and/or mortgage only. 该限制适用于家庭总收入，而不仅是借款人的收入。 地区收入中位数由HUD公布并每年更新，因此在依据某个数字之前，请查看该县的最新表格。

Diamond in the Rough Home Loan将房价上限设为$617,241。 符合条件的房屋类型包括Single-family detached、Townhouse/row house/patio home (attached)和1-4 unit dwellings (per FHA 203(k) Limited guidelines)。 新建房屋不符合条件。

Diamond in the Rough Home Loan在其服务群体中提到了退伍军人。 在此列出仅表示项目提到了该群体，并不表示仅凭群体身份即可使申请人符合条件——其余资格规则仍然适用。

Diamond in the Rough Home Loan服务于在Delaware任何地方购房的购房者。 该项目针对特定区域：Federally designated targeted-area census tracts qualify for higher income and purchase-price limits and waive the first-time-homebuyer requirement. Tracts: New Castle 0006.02, 0019.02, 0021.00, 0023.00, 0029.00, 0030.02; Kent 0425.00; Sussex 0505.03, 0507.11. 目标社区：Census tracts: New Castle 0006.02, 0019.02, 0021.00, 0023.00, 0029.00, 0030.02; Kent 0425.00; Sussex 0505.03, 0507.11。

Diamond in the Rough Home Loan的申请通过Delaware State Housing Authority (DSHA)办理，该机构在其网站上公布现行条款和申请步骤。 资金通过First-come, first-served via DSHA Mitas online reservation system (https://mitas.destatehousing.com); 60-day reservation/rate-lock period.预留。 Hey Prescott不是贷款机构，也不受理申请；本页介绍该项目，方便购房者向贷款机构或住房咨询师咨询。