Mortgage Booster Program

Mortgage Booster Program是面向Statewide，Hawaii购房者的需偿还的第二贷款。 The Mortgage Booster (MB) is a pilot supplemental second-mortgage program from HHOC Mortgage funded in partnership with the Hau'oli Mau Loa Foundation. It is intended as a 'boost' to the amount a borrower can qualify for in today's higher-rate environment. Maximum loan amount $50,000 at a fixed 3% interest rate amortized over 30 years. Paired with a HHOC Mortgage first mortgage (3% minimum down). Open to households up to 120% AMI. Pilot rate-buydown / supplemental second mortgage that 'boosts' the amount a borrower can qualify for in the higher-rate environment. Fixed 3% interest rate (well below market), maximum loan amount $50,000, amortized over 30 years. Paired with a HHOC Mortgage first mortgage (3% minimum down). Designed for households up to 120% AMI. Funded by Hau'oli Mau Loa Foundation partnership. 资金来自Nonprofit、Foundation和Private (Hau'oli Mau Loa Foundation partnership)。

Mortgage Booster Program提供最高$50,000的援助。 购房者自付部分：Minimum 3% down payment from borrower。 该项目可与其他援助结合使用，但须遵守各项目的规定。 金额是该项目公布的上限，并非报价——具体每人的援助金额由管理该项目的机构决定。

Mortgage Booster Program是需偿还的第二贷款，按管理该项目的机构设定的条款偿还。 触发还款的情形：Monthly amortizing payments over 30 years和due at sale, payoff, refinance, or non-occupancy。 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。

Mortgage Booster 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 (HHOC Mortgage typically requires mid-FICO of at least 640-700)。 须参加购房者教育课程，由Hawaii HomeOwnership Center (HHOC) - approximately 9 hours of homebuyer education (live or online) plus one coaching session required提供。 居住要求：Property must be located in the State of Hawaii and used as borrower's primary residence; yearly occupancy affidavit required。 公民身份或移民身份：U.S. citizen or U.S. permanent resident (per first-mortgage product overlays)。 First-time homebuyer (no ownership of primary residence in past 3 years). Must complete HHOC homebuyer education (~9 hours) and a coaching session with the Hawaii HomeOwnership Center. HHOC Mortgage must originate a 3%-minimum-down first mortgage. Property must be primary residence; yearly occupancy affidavit required. Pilot program - funds may be limited; HHOC Mortgage Loan Officer must reserve funds before purchase contract.

Mortgage Booster Program将家庭收入限制在地区收入中位数的120%，该数值因县和家庭人数而异。 Household income up to 120% of HUD Area Median Income (AMI) for the county where the property is located. 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。

Mortgage Booster Program的房价上限如下：No published purchase price cap; subject to first-mortgage product limits。 符合条件的房屋类型包括Single-family detached, condominium, townhouse - principal residence only。 新建房屋符合条件。 预制房屋不符合条件。

Mortgage Booster Program服务于在Statewide，Hawaii购房的购房者。

Mortgage Booster 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Funds reserved by HHOC Mortgage Loan Officer once borrower enters into a purchase contract. Pilot program with limited funds; borrowers should communicate with HHOC Mortgage Loan Officer before submitting an offer.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。