Homebuyer Down Payment/Closing Cost Assistance Program

Homebuyer Down Payment/Closing Cost Assistance Program是面向Moline，Illinois购房者的可免除贷款。 The City of Moline CDBG Down Payment/Closing Cost Assistance Program, administered by the Community & Economic Development Department, provides forgivable second-mortgage loans up to $7,100 to low- and moderate-income homebuyers earning up to 80% of HUD AMI who purchase homes in Moline. Funded through CDBG, the program covers up to 50% of the required down payment plus reasonable closing costs and is forgiven on a pro-rata basis over a 5-year affordability period. Forgivable second-mortgage loan up to $7,100 for down payment and/or closing-cost assistance for households earning up to 80% of HUD Area Median Income. CDBG-funded. 5-year affordability period with pro-rated forgiveness (the longer the homeowner stays, the more is forgiven). Funds awarded first-come, first-served until exhausted. 资金来自Federal CDBG和Local Government。

Homebuyer Down Payment/Closing Cost Assistance Program提供最高$7,100的援助。 购房者自付部分：Minimum $1,000 buyer contribution toward down payment and/or closing costs。 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 Down Payment/Closing Cost 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 affordability lien. Pro-rata forgiveness over 5 years和if homeowner sells, transfers, refinances (cash-out), or ceases to occupy as primary residence before 5 years, 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 Down Payment/Closing Cost 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 Moline-specific minimum; first-mortgage product credit-score minimums apply。 须参加购房者教育课程，由HUD-approved counseling agency; 8-hour Homebuyer Education class required prior to receiving assistance.提供。 居住要求：Property must be located within the corporate limits of the City of Moline, IL, and serve as borrower's primary residence. 公民身份或移民身份：U.S. citizen or eligible non-citizen per first-mortgage product rules。 Household income at or below 80% HUD AMI for the Davenport-Moline-Rock Island MSA - approximately $50,150 (1-person) to $94,550 (8-person) under 2025 HUD limits. Buyer must be able to obtain a fixed-rate FHA, VA, or Conventional first mortgage. Front-end (housing) ratio must be less than 31% and back-end (total debt) ratio less than 43%. Buyer must contribute at least $1,000 toward down payment and/or closing costs. Property must be purchased fee-simple, located within City of Moline, and be the buyer's primary residence. Program may cover up to 50% of the required down payment plus reasonable closing costs. 8-hour HUD-approved Homebuyer Education class required prior to receiving assistance. Homeowner must carry homeowner's insurance and list City of Moline as additional insured. 5-year affordability lien recorded. Funds first-come, first-served until exhausted.

Homebuyer Down Payment/Closing Cost 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% HUD AMI for the Davenport-Moline-Rock Island, IA-IL MSA. 2025 approximate range: $50,150 (1-person) to $94,550 (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 Down Payment/Closing Cost Assistance Program的房价上限如下：No published Moline-specific maximum purchase price; subject to first-mortgage product and CDBG affordability rules. 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 Down Payment/Closing Cost Assistance Program服务于在Moline，Illinois购房的购房者。

Homebuyer Down Payment/Closing Cost 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 via Jotform / Community Development; awarded first-come, first-served subject to 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。