Realizing the Dream Homeownership Program

Realizing the Dream Homeownership Program是面向Lynn，Massachusetts购房者的延期第二贷款。 The Lynn Housing Authority & Neighborhood Development (LHAND) Realizing the Dream Homeownership Program supports income-qualified first-time buyers purchasing in the City of Lynn (and, where eligible, surrounding HOME Consortium municipalities). LHAND's CHAPA-certified First-Time Homebuyer class equips participants for budgeting/credit, mortgage approvals, appraisals, inspections, insurance, down-payment assistance, and de-leading - completion qualifies graduates for ONE/ONE+ Mortgage and city/town DPA programs. The DPA itself is a 0% deferred-payment second mortgage funded by HUD HOME funds, repayable on sale/refinance/transfer. Down-payment and closing-cost assistance for income-qualified first-time buyers purchasing 1-4 unit homes (including condominiums) in the City of Lynn or, where eligible, the Essex North Shore HOME Consortium. Provided as a 0% deferred-payment second mortgage. awards typically up to $20,000. LHAND also offers CHAPA-certified first-time homebuyer education classes (registration $50 individual / $75 couple). 资金来自HOME、CDBG、Federal和Local Government。

Realizing the Dream Homeownership Program为延期还款，在房屋出售、再融资或第一抵押贷款还清之前无需付款。 触发还款的情形：Due in full at sale, refinance with cash-out, transfer, 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。

Realizing the Dream Homeownership 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：660 minimum (680 for FHA per first-lender underwriting)。 须参加购房者教育课程，由LHAND First-Time Homebuyer Class (CHAPA-certified)、North Shore Latino Business Association和other HUD-approved/CHAPA-certified counseling agencies提供。 居住要求：Property must be located in the City of Lynn (or eligible HOME Consortium municipality) 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). Property must be located in the City of Lynn (or, where eligible, North Suburban Consortium / Essex North Shore HOME Consortium municipalities) and used as principal residence. Buyer must complete LHAND's CHAPA-certified First-Time Homebuyer class. Loan is 0% deferred, repayable upon sale, refinance, transfer, or loss of owner-occupancy. Funded by HUD HOME / North Suburban Consortium HOME funds. Minimum FICO 660 (680 for FHA per first-lender underwriting).

Realizing the Dream Homeownership 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 $56,800 to 8-person $107,100. 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。

Realizing the Dream Homeownership Program将房价上限设为$684,000。 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。

Realizing the Dream Homeownership Program服务于在Lynn，Massachusetts购房的购房者。

Realizing the Dream Homeownership 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 upon completion of LHAND First-Time Homebuyer class 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。