Down Payment Loan Program

Down Payment Loan Program是面向Honolulu，Hawaii购房者的可免除贷款。 The City and County of Honolulu Department of Community Services (DCS) Down Payment Loan Program provides a zero-interest, zero-fee loan of up to $40,000 to qualified low- and moderate-income first-time homebuyers purchasing on Oahu. The loan is amortized over 20 years; at the end of each year the borrower makes on-time payments, an additional year's principal is forgiven, fully forgiving the loan by year 20. Borrowers must contribute at least 5% of the purchase price as cash down payment. Zero-fee, zero-interest down payment loan up to $40,000 amortized over 20 years. At the end of each year that the borrower makes their payments on time, an additional year's worth of payments is forgiven - effectively forgiving half the principal by year 10 and all of it by year 20. Borrower must contribute at least 5% of purchase price as their own cash down payment. 资金来自Local、Federal、HOME和CDBG。

Down Payment Loan Program在20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：Monthly payments over 20 years (with annual on-time-payment forgiveness reducing principal)和due at sale, refinance, or non-occupancy. Forgiven over 20 years. 该援助以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。

Down Payment Loan Program面向首次购房者和将房屋作为主要住所自住的购房者。 “首次购房者”通常指过去三年内未拥有房屋，但该项目有自己的定义。 关于信用，该项目说明：Per first-mortgage product overlays。 须参加购房者教育课程，由City and County of Honolulu-approved homeowner education course (e.g., Hawaii HomeOwnership Center) - completion required prior to loan application提供。 居住要求：Property must be located on the island of Oahu (City and County of Honolulu) and used as borrower's primary residence。 公民身份或移民身份：U.S. citizen or U.S. permanent resident。 Must be first-time homebuyer (no current ownership of residential property). Must be U.S. citizen or U.S. permanent resident. Must purchase a property on the island of Oahu (City and County of Honolulu). Must complete a City-approved homeowner education course before loan application. Borrower must provide at least 5% of purchase price as cash down payment. Annual gross household income must be within DCS limits for family size (80% AMI baseline).

Down Payment Loan 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。 Annual gross household income limits by family size, generally up to 80% of HUD Area Median Income for Honolulu County. 2025 Honolulu County 100% AMI = $129,300 (4-person). Seed range $77,950-$164,798 reflects family-size sliding scale and possible higher AMI tier. Verify current published income limits with DCS Loan Branch. 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。

Down Payment Loan Program的房价上限如下：Per first-mortgage product overlays; no published DCS purchase price cap。 符合条件的房屋类型包括Single-family residence, condominium, townhouse - primary residence on Oahu。 新建房屋符合条件。 预制房屋不符合条件。

Down Payment Loan Program服务于在Honolulu，Hawaii购房的购房者。

Down Payment Loan 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Direct application to DCS Loan Branch (808-768-7076) prior to or at time of purchase contract; subject to available funding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。