Homestretch Down Payment Assistance Program

Homestretch Down Payment Assistance Program是面向Gwinnett县，Georgia购房者的可免除贷款。 The Homestretch Down Payment Assistance Program is Gwinnett County's HOME-funded DPA program for first-time homebuyers purchasing a single-family detached home or townhome in Gwinnett County. Eligible buyers receive up to $7,500 in down payment and closing-cost assistance, structured as a 0% interest, deferred-payment second mortgage that is forgiven 20% per year and fully satisfied after 5 years of continuous owner-occupancy. Administered by the Gwinnett County Financial Services Grants Division using HUD HOME Investment Partnerships funds. Up to $7,500 in down payment and closing-cost assistance as a 0% interest, deferred-payment second mortgage. 20% of the principal forgiven annually. loan fully forgiven after 5 years of continuous owner-occupancy. No scheduled monthly payments during the 5-year affordability period. 资金来自HUD HOME Investment Partnerships Program。

Homestretch Down Payment Assistance Program在5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：Sale, transfer, refinance (cash-out), or loss of owner-occupancy before the 5-year affordability period ends。 该援助以Subordinate (2nd 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。

Homestretch Down Payment Assistance Program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：Eligible if applicant has not owned a home in the past 3 years。 关于信用，该项目说明：580 minimum FICO (some sources cite 640; verify with current Gwinnett guidelines)。 须参加购房者教育课程，由HUD-approved homebuyer education provider (8-hour course)提供。 居住要求：Property must be in Gwinnett County (eligible portions) and occupied as primary residence。 公民身份或移民身份：U.S. citizen or qualified alien。 First-time homebuyer required (or no ownership in the last 3 years). Annual household income must be at or below 80% of Area Median Income for Gwinnett County / Atlanta MSA. Maximum DTI 43%. Property must be a single-family detached home or townhome located in Gwinnett County (excluding the cities of Buford, Lawrenceville and Norcross which receive separate CDBG funds, depending on year). Maximum purchase price $349,000 (existing) or $410,000 (new construction). Buyer must complete 8-hour HUD-approved homebuyer education. Owner-occupied primary residence required. Cannot have liquid assets exceeding HOME limits. 5-year residency requirement.

Homestretch Down Payment Assistance Program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 at or below 80% of HUD HOME Income Limits for Atlanta MSA. Approximate by household size: 1p $60,200; 2p $68,800; 3p $77,400; 4p $85,950; 8p $113,550. 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。

Homestretch Down Payment Assistance Program将房价上限设为$410,000。 符合条件的房屋类型包括Single-Family和Townhome。 新建房屋符合条件。 预制房屋不符合条件。

Homestretch Down Payment Assistance Program服务于在Gwinnett县，Georgia购房的购房者。 该项目针对特定区域：Gwinnett County (excluding cities receiving direct CDBG funding in some program years)。

Homestretch Down Payment Assistance Program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Pre-application submitted through Gwinnett County Homestretch portal; reservation made by approved lender once buyer is under contract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。