Homeownership Down Payment and Settlement Assistance Fund

Homeownership Down Payment and Settlement Assistance Fund是面向Dover，Delaware购房者的可免除贷款。 The City of Dover Homeownership Down Payment and Settlement Assistance Fund (also marketed as the Dover First Start Program) provides forgivable second-mortgage assistance of up to $20,000 to help low- and moderate-income first-time homebuyers purchase a home within the City of Dover. Funded primarily through CDBG and/or city funds, the assistance covers down payment and settlement/closing costs and is forgiven after 10 years of owner-occupancy. Forgivable second mortgage up to $20,000 for down payment and settlement/closing-cost assistance on eligible properties located within the City of Dover. Loan carries 0% interest and is forgiven after 10 years if the borrower continues to occupy the property as their primary residence. Designed to help low- and moderate-income first-time homebuyers (and qualifying single parents/displaced homemakers) purchase a home within the city limits. 资金来自Federal CDBG和Local Government。

Homeownership Down Payment and Settlement Assistance Fund在10年后免除，因此住满这段时间的购房者无需偿还。 触发还款的情形：Loan is forgiven after 10 years of continuous owner-occupancy as primary residence. If property is sold, transferred, refinanced (cash-out), or ceases to be the borrower's principal residence within the 10-year period, the full unforgiven loan balance becomes due. 该援助以2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。

Homeownership Down Payment and Settlement Assistance Fund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：Single-parent exception: applicant who has not owned a home for at least 1 year (except as joint owner) may qualify; displaced homemaker exception per HUD definition. 关于信用，该项目说明：No published Dover-specific minimum; first-mortgage lender's product minimums apply。 须参加购房者教育课程，由HUD-certified homeownership counseling agency (e.g., NeighborGood Partners/NCALL, Interfaith Community Housing of Delaware); buyer must complete HUD-certified pre-purchase counseling before signing sales contract or applying for first mortgage.提供。 居住要求：Property must be located within the corporate limits of the City of Dover, DE, and serve as borrower's primary residence. 公民身份或移民身份：U.S. citizen or eligible non-citizen per first-mortgage product rules。 Buyer must not have owned a principal residence in the prior 3 years (single-parent exception: not owned in last 1 year except as joint owner). Household income must not exceed 80% of HUD area median income for Kent County / Dover by household size (approximately $37,450 1-person to $70,650 8-person at 80% AMI). Property must be located within the City of Dover corporate limits and serve as the buyer's primary residence. Buyer must complete HUD-certified homeownership counseling before contract/loan application and be certified prior to closing. First mortgage must be a fixed-rate loan. If property is sold, transferred, refinanced (cash-out), or ceases to be the borrower's principal residence within the 10-year affordability period, the unforgiven balance becomes due.

Homeownership Down Payment and Settlement Assistance Fund将家庭收入限制在地区收入中位数的80%，该数值因县和家庭人数而异。 Household income may not exceed 80% of HUD area median income for the Dover, DE HUD income area, adjusted for household size. Approximate range: $37,450 (1-person) to $70,650 (8-person) at 80% AMI under current HUD limits. 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。

Homeownership Down Payment and Settlement Assistance Fund的房价上限如下：No published Dover-specific maximum purchase price; property must be located within the City of Dover corporate limits. 符合条件的房屋类型包括Single-family detached、Townhome和Condominium。 新建房屋符合条件。 预制房屋不符合条件。

Homeownership Down Payment and Settlement Assistance Fund服务于在Dover，Delaware购房的购房者。

Homeownership Down Payment and Settlement Assistance Fund的申请通过管理该项目的机构办理，该机构在其网站上公布现行条款和申请步骤。 资金通过Application processed through City of Dover Community Development office (or partnering HUD-approved housing counselor) on a first-come, first-served basis subject to fund availability.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。