Homebuyer Program

Homebuyer Program是面向Fall River，Massachusetts购房者的可免除贷款。 The Fall River Community Development Agency (CDA) Homebuyer Program offers up to $10,000 in down-payment and closing-cost assistance to income-qualified first-time buyers purchasing 1-4 unit homes (including condominiums and modular homes) within the City of Fall River. Funded with HUD HOME funds, the program is structured as a low-interest loan that becomes a grant (forgiven) after a specified period of owner-occupancy. Applicants must have a minimum FICO 650, at least $3,000 cash post-closing but no more than $25,000 in assets, and must complete a HUD-approved homebuyer course. Apply through the CDA at 508-679-0131. Up to $10,000 in down-payment and closing-cost assistance for income-qualified first-time buyers purchasing 1-4 unit homes (including condominiums and modular homes) in Fall River. Provided as a low-interest loan that becomes a grant after a specified period of homeownership (forgiven over time). 资金来自HOME、CDBG、Federal和Local Government。

Homebuyer Program提供最高$10,000的援助。 购房者自付部分：Buyer must have at least $3,000 cash post-closing; lender contribution requirements apply。 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 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：Forgiven after the specified affordability period of owner-occupancy和unforgiven balance due upon sale, refinance with cash-out, transfer, or loss of owner-occupancy. 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 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 (no ownership in past 3 years). 关于信用，该项目说明：650 minimum FICO required。 须参加购房者教育课程，由Fall River / New Bedford Housing Partnership (FRNBHP)和other HUD-approved/CHAPA-certified counseling agencies提供。 居住要求：Property must be located in the City of Fall River 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. Buyer must have at least $3,000 cash post-closing but no more than $25,000 in liquid assets. Minimum FICO 650. Income limit 80% HUD AMI for the Providence-Warwick MA-RI HMFA. Property must be located in Fall River and used as principal residence. Buyer must complete a HUD-approved first-time homebuyer course prior to closing. Single-family, condominium, modular home, or 2-4 unit dwelling permitted. Loan is funded with HUD HOME funds passed through the Fall River CDA.

Homebuyer 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 Providence-Warwick MA-RI HMFA (FY2025): approx. 1-person $23,600 (30% AMI tier) to 8-person $118,700 (80% AMI). 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。

Homebuyer Program将房价上限设为$775,000。 符合条件的房屋类型包括Single-family detached、Condominium、Modular home和2-4 unit owner-occupied。 新建房屋符合条件。 预制房屋符合条件。

Homebuyer Program服务于在Fall River，Massachusetts购房的购房者。

Homebuyer 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First-come, first-served via Fall River CDA upon completion of HUD-approved homebuyer course and pre-approval.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。