Homebuyer Assistance Program

Homebuyer Assistance Program是面向Normal，Illinois购房者的可免除贷款。 The Town of Normal Down Payment Assistance Program (also marketed as the Homebuyer Assistance Program), administered by the Inspections / Community Development office, provides up to $5,000 in down payment assistance to income-qualified homebuyers (not limited to first-time buyers) purchasing a primary residence within the Town of Normal. Funded through CDBG, the assistance is structured as a 0%-interest 5-year forgivable second-mortgage loan. The Town's funds cannot exceed 50% of the buyer's down payment. Up to $5,000 in down payment assistance, structured as a 0%-interest 5-year forgivable second-mortgage loan, for income-eligible homebuyers purchasing a primary residence within the Town of Normal corporate limits. Town's funds may not exceed 50% of the down payment. Funded through CDBG. awarded first-come, first-served subject to fund availability. 资金来自Federal CDBG和Local Government。

Homebuyer Assistance Program提供最高$5,000的援助。 购房者自付部分：Buyer's personal funds toward down payment/closing costs must not exceed 10% of contract purchase price; buyer must retain minimum $1,000 in bank account after closing。 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。

Homebuyer 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：5-year forgiveness period. If property is sold, transferred, refinanced (cash-out), or no longer the borrower's primary residence within 5 years, the unforgiven 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。

Homebuyer Assistance Program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：No published Normal-specific minimum; first-mortgage product credit-score minimums apply。 居住要求：Property must be located within the Town of Normal, IL, and serve as borrower's primary residence (no apartments or mobile homes). 公民身份或移民身份：U.S. citizen or eligible non-citizen per first-mortgage product rules。 Annual household adjusted gross income must be at or below 80% HUD AMI for the Bloomington, IL HMFA (approximate range $61,250 1-person to $115,500 8-person under 2025 HUD limits). Property must be located within the Town of Normal and be owner-occupied (apartments and mobile homes do not qualify). Housing-to-Income (front-end) ratio must not exceed 36%; Total Debt-to-Income (back-end) ratio must not exceed 43%. Personal funds toward down payment/closing costs must not exceed 10% of the contract purchase price. Town's funds cannot exceed 50% of the down payment. Buyer must retain a minimum of $1,000 in a bank account after down payment/closing costs. Program is NOT limited to first-time homebuyers but is restricted to income-qualified buyers.

Homebuyer 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 adjusted gross income at or below 80% HUD AMI for the Bloomington, IL HMFA. 2025 approximate range: $61,250 (1-person) to $115,500 (8-person). 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。

Homebuyer Assistance Program的房价上限如下：No published Normal-specific maximum purchase price; buyer's personal contribution may not exceed 10% of contract purchase price. 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。

Homebuyer Assistance Program服务于在Normal，Illinois购房的购房者。

Homebuyer 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Application submitted by lending institution to Town of Normal; awarded first-come, first-served 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。