Second Mortgage

Second Mortgage是面向Statewide，Idaho购房者的需偿还的第二贷款。 The IHFA Second Mortgage Program is Idaho Housing's standard repayable down payment and closing-cost assistance product. It provides up to 7% of the lesser of sales price or appraised value as a 15-year amortizing second mortgage at the first-mortgage rate plus 2.00%, paired with a 30-year fixed-rate IHFA first mortgage (FHA, VA, USDA, or Conventional). Open to all qualifying Idaho homebuyers; no first-time-homebuyer requirement; income up to $170,000; minimum $500 borrower contribution; Finally Home! Homebuyer Education required. Repayable second-mortgage DPA of up to 7% of the lesser of sales price or appraised value, paired with an IHFA 30-year fixed-rate first mortgage. Funds may be used toward down payment AND/OR closing costs. Borrower contributes as little as $500 of their own funds. No first-time-homebuyer requirement. Income limit $170,000 statewide. Second mortgage repaid via small monthly payments alongside primary mortgage over a 15-year term. Second-mortgage rate = first-mortgage rate + 2.00%. 资金来自State、HFA和Bond。

Second Mortgage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 15 years alongside primary mortgage和balance due at sale, 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。

Second Mortgage面向将房屋作为主要住所自住的购房者。 关于信用，该项目说明：Minimum 620 FICO; 640+ may be required for some loan products。 须参加购房者教育课程，由Finally Home! Homebuyer Education (IHFA's education program; required) - online or in-person; finallyhome.org提供。 居住要求：Property must be located in Idaho and used as borrower's primary residence。 公民身份或移民身份：U.S. citizen or qualifying permanent/non-permanent resident alien per IHFA product overlays。 Open to all qualifying Idaho homebuyers (no occupation restriction). Must be primary residence. Household income at or below $170,000 (some products require lower county-specific limits). Borrower contributes minimum $500 of own funds (loan transaction items qualify - earnest money, appraisal, inspection, education fees, flood insurance, etc.). Must complete Finally Home! Homebuyer Education prior to closing. Minimum 620 FICO (640+ for some products). Standard IHFA underwriting and product overlays apply.

Second Mortgage将家庭收入限制在$170,000。 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。

Second Mortgage的房价上限如下：No published statewide purchase price cap on second mortgage; first-mortgage product limits apply。 符合条件的房屋类型包括Single-family detached, condominium, townhouse, PUD, 2-unit (per first-mortgage product), manufactured (per overlays)。 新建房屋符合条件。 预制房屋符合条件。

Second Mortgage服务于在Statewide，Idaho购房的购房者。 该项目针对特定区域：IHFA designates federally qualified target areas with relaxed first-time homebuyer and income limits; see IHFA Lender Connection for current target-area census tracts.

Second Mortgage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Loan officer reserves funds via Idaho Housing's Lender Connection portal at time of loan locking; subject to bond/program funding 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。