IHDAccess Forgivable

IHDAccess Forgivable是面向Statewide，Illinois购房者的可免除贷款。 IHDAccess Forgivable provides 4% of the purchase price up to $6,000 as a 0% interest forgivable second mortgage that is forgiven on a monthly basis over 10 years. No monthly payments. Borrower retains full benefit if they remain in the home as primary residence for the full 10-year forgiveness term; sale/refinance/non-occupancy before maturity triggers a prorated payback. Paired with a 30-year fixed IHDA first mortgage (FHA/VA/USDA/Conventional). Available statewide to first-time and repeat homebuyers; 640 FICO minimum; 1% borrower contribution. 4% of the purchase price up to $6,000 in down payment and closing-cost assistance, structured as a 0% interest forgivable second mortgage. The note is forgiven monthly over 10 years (1/120th per month, ~10% per year). If borrower remains in the home as primary residence for the full 10-year term, the loan is fully forgiven and no repayment is owed. If the home is sold, refinanced, or borrower vacates before 10 years, a prorated balance is due to IHDA. Paired with an IHDA 30-year fixed-rate first mortgage (FHA/VA/USDA/Conventional). Available to first-time AND repeat homebuyers statewide. 资金来自State、HFA和Bond。

IHDAccess Forgivable提供最高$6,000的援助。 购房者自付部分：Borrower must contribute $1,000 or 1% of purchase price, whichever is greater。 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。

IHDAccess Forgivable在10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：Forgiven 1/120th monthly over 10 years和prorated unforgiven balance due if home is sold, refinanced, transferred, or no longer borrower's primary residence before the 10-year term ends。 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。

IHDAccess Forgivable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 640 FICO across all loan products。 须参加购房者教育课程，由IHDA-approved HUD-certified homebuyer education (online or in-person; required for first-time homebuyers).提供。 居住要求：Property must be located in Illinois and used as borrower's primary residence for full 10-year forgiveness term。 公民身份或移民身份：U.S. citizen or qualifying permanent/non-permanent resident alien per IHDA product overlays。 Borrower must contribute $1,000 or 1% of purchase price (whichever is greater) of own funds. Minimum 640 FICO. Property must be primary residence. Household income at or below IHDA county limits (top tier ~$158,880). Purchase price at or below IHDA county limits (~$644,232-$951,665 by county/property type). First-time homebuyers must complete IHDA-approved homebuyer education prior to closing. To realize full forgiveness, borrower must occupy property as primary residence for 10 years.

IHDAccess Forgivable将家庭收入限制在$158,880。 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。

IHDAccess Forgivable将房价上限设为$951,665。 符合条件的房屋类型包括Single-family detached, 1-4 unit (per first-mortgage product), condominium, townhouse, PUD。 新建房屋符合条件。 预制房屋不符合条件。

IHDAccess Forgivable服务于在Statewide，Illinois购房的购房者。 该项目针对特定区域：IHDA designates federally qualified target areas with relaxed first-time-homebuyer rule and income limits.

IHDAccess Forgivable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IHDA-approved lender reserves funds via IHDA Mortgage's LOS at loan reservation; subject to 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。