Direct Homebuyer Soft Second Mortgage Assistance Program

Direct Homebuyer Soft Second Mortgage Assistance Program是面向New Orleans，Louisiana购房者的可免除贷款。 CDBG-funded Soft Second Mortgage Assistance: up to $55,000 at 0% interest, 10-year forgivable; full repayment in years 1-5, then 25% forgiven year 5, +15% per year in years 6-9, 100% forgiven year 10. Alternative $5,000 closing cost assistance. 80% AMI, first-time homebuyer, $324K max sales price, Orleans Parish-wide. $350 Homebuyer Education Stipend due at closing. $1M funded January 2026. City of New Orleans Office of Community Development's Direct Homebuyer Soft Second Mortgage Assistance Program provides up to $55,000 in soft second mortgage assistance to bridge the gap between the home purchase price and the maximum first mortgage loan amount, OR up to $5,000 in closing cost assistance (program covers up to 50% of total closing costs per CDBG guidelines). The soft second is structured as a 0% interest, 10-year forgivable loan: full repayment required if buyer sells/moves within years 1-5. 25% forgiven at year 5. +15% forgiven each year in years 6-9. 100% forgiven at year 10. $1M CDBG funding allocation as of January 2026. Maximum sales price $324,000 anywhere in Orleans Parish. 80% AMI ceiling. 资金来自Federal、CDBG和City。

Direct Homebuyer Soft Second Mortgage Assistance Program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：Full repayment of the unforgiven balance is required if the buyer sells, refinances, or moves before year 5. After year 5, 25% of the loan is forgiven、+15% forgiven per year in years 6, 7, 8, 9和100% forgiven at year 10. No prepayment penalty. Assumptions not allowed. 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。

Direct Homebuyer Soft Second Mortgage Assistance Program面向首次购房者和将房屋作为主要住所自住的购房者。 此处的“首次”有例外情况：First-time homebuyer = no homeownership in past 3 years. Displaced homemaker exception applies. 关于信用，该项目说明：No specific City-imposed minimum FICO; first-mortgage lender overlays apply. 须参加购房者教育课程，由HUD-approved homebuyer education course required (HUD Approved Homebuyer Training Agencies list at nola.gov). $350 Homebuyer Education Stipend due at closing, separate from any class fees.提供。 居住要求：Property must be located in Orleans Parish (City of New Orleans). Homebuyer must occupy as primary residence for the full 10-year forgiveness term; selling/moving before year 10 triggers prorated repayment. 公民身份或移民身份：Per HUD CDBG federal eligibility - U.S. citizen or qualifying non-citizen. First-time homebuyer (or no homeownership in past 3 years; displaced homemaker exception). Household income at or below 80% AMI per HUD New Orleans MSA limits (2025 1p=$48,650; 8p=$91,700). Soft Second cannot exceed 50% of home's purchase price (program limit). Front-end DTI 30-33%; back-end DTI up to 48%. Buyer must contribute minimum 1% of sale price or $1,500 (whichever is less) and have liquid assets equal to at least one month of proposed household expenses after closing costs. Gift funds permitted up to 10% of purchase price (gift letter and bank statement required). HUD-approved homebuyer education required. $350 Homebuyer Education Stipend due at closing. Property must meet City of New Orleans Housing Code, International Residential Code, and HUD Housing Quality Standards (NSPIRE/HQS inspection by City). Site-specific NEPA environmental review by City. Buyers must use City-approved closing/title agent. Homeowner's and flood insurance required for full replacement value or sale price; City listed as Loss Payee. City of New Orleans employees are eligible. Maximum sales price $324,000.

Direct Homebuyer Soft Second Mortgage 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% AMI per HUD New Orleans MSA / Orleans Parish (2025 1p=$48,650; 8p=$91,700). Per Income Guideline Chart at nola.gov. 该限制适用于家庭总收入，而不仅是借款人的收入。 该项目列出的最大家庭人数为8。 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。

Direct Homebuyer Soft Second Mortgage Assistance Program将房价上限设为$324,000。 符合条件的房屋类型包括Single-family homes, newly constructed homes, renovated homes, townhouses, condominiums within City of New Orleans / Orleans Parish. 新建房屋符合条件。 预制房屋不符合条件。

Direct Homebuyer Soft Second Mortgage Assistance Program在其服务群体中提到了退伍军人、现役军人、预备役人员和国民警卫队成员和遗属配偶。 在此列出仅表示项目提到了该群体，并不表示仅凭群体身份即可使申请人符合条件——其余资格规则仍然适用。

Direct Homebuyer Soft Second Mortgage Assistance Program服务于在New Orleans，Louisiana购房的购房者。

Direct Homebuyer Soft Second Mortgage 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City reviews loan packages after first-mortgage underwriting; commitment letter issued before payment processing. Funds disbursed to title company at closing once all conditions met. Subject to CDBG funding availability ($1M as of January 2026).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。