First-Time Homebuyer Downpayment Assistance Loan Program

First-Time Homebuyer Downpayment Assistance Loan Program是面向Salem，Massachusetts购房者的可免除贷款。 The City of Salem First-Time Homebuyer Downpayment Assistance Loan Program (FTHB), administered by the Salem Department of Planning and Community Development (DPCD), provides 0% interest, deferred, forgivable second mortgages for low- and moderate-income first-time buyers purchasing a condo, single-family, or 2-4 unit home in Salem. Salem's program matches the buyer's down payment up to $6,500, with an additional $1,000 available to those who complete CHAPA homebuyer counseling, for a total maximum of $7,500. The loan is forgiven after 10 or 15 years of owner-occupancy (term depends on amount). Funded via HUD HOME, CDBG, and Community Preservation Act funds. Due to limited capacity, FY26 applicants are being placed on a waitlist. Up to $6,500 in matching down-payment assistance, plus an additional $1,000 for buyers who complete a CHAPA-certified homebuyer counseling course (total up to $7,500). Provided as a 0% interest, deferred, and forgivable second-mortgage loan, forgiven after 10 or 15 years of continuous owner-occupancy (term depends on assistance amount). 资金来自HOME、CDBG、CPA、Federal和Local Government。

First-Time Homebuyer Downpayment Assistance Loan 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：Forgiven after 10 or 15 years of continuous owner-occupancy和unforgiven balance due upon sale, transfer, refinance with cash-out, or loss of owner-occupancy during the affordability period. 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。

First-Time Homebuyer Downpayment Assistance Loan 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 buyer required; single-parent and displaced-homeowner (divorce/legal separation) exceptions apply per Salem policy. 关于信用，该项目说明：Not formally published; lender minimums apply (typically 620+ for conforming/FHA)。 须参加购房者教育课程，由North Shore CDC、Harborlight Homes和other CHAPA-certified counseling agencies提供。 居住要求：Property must be located in the City of Salem and used as the borrower's primary residence. 公民身份或移民身份：U.S. citizen or eligible non-citizen per first-mortgage product and HUD HOME rules。 First-time buyer required (no ownership in past 3 years); single-parent and divorced/legally-separated displaced homeowner exceptions per Salem policy. Buyer's liquid assets cannot exceed $50,000. Property must be located in the City of Salem and used as principal residence. Eligible properties include condominium, single-family, or 2-4 unit owner-occupied home. Matching funds required. Forgivable after 10 or 15 years (term depends on assistance amount). Apply via pre-qualification form to be placed on a waitlist; due to limited capacity all FY26 requests including emergencies are being placed on a waitlist. Program is funded with HUD HOME, CDBG, and Community Preservation Act funds.

First-Time Homebuyer Downpayment Assistance Loan 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 Boston-Cambridge-Newton HMFA (FY2025): approx. 1-person $91,200 to 8-person $151,100. 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。

First-Time Homebuyer Downpayment Assistance Loan Program将房价上限设为$1.0M。 符合条件的房屋类型包括Single-family detached、Condominium和2-4 unit owner-occupied。 新建房屋符合条件。 预制房屋不符合条件。

First-Time Homebuyer Downpayment Assistance Loan Program服务于在Salem，Massachusetts购房的购房者。

First-Time Homebuyer Downpayment Assistance Loan 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Pre-qualification form required; applicants placed on waitlist (FY26 waitlist active due to limited capacity).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。