1st Time Advantage 4% Loan

1st Time Advantage 4% Loan是面向Statewide，Maryland购房者的延期第二贷款。 Maryland DHCD MMP 1st Time Advantage with 4% deferred 0% DPA second. Bond-funded MRB first. FTHB required (waived in targeted areas). 640 FICO. Statewide. Maryland DHCD's 1st Time Advantage 4% Loan provides a 0% deferred second mortgage equal to 4% of the first mortgage amount for down payment and/or closing cost assistance. Pairs with a 30-year fixed-rate MMP first mortgage (FHA, VA, USDA-RD, or HFA conventional) funded via Maryland mortgage revenue bonds. The 4% DPA second is a non-amortizing soft second - no monthly payment, 0% interest - due in full on sale, refinance, transfer of title, payoff of the first mortgage, or non-owner-occupancy. Income up to $229,460 (3+ person targeted). Purchase price up to $1,535,015 in highest-cost MD jurisdictions. 640 FICO, 45% DTI. The 4% tier offers higher DPA than the 3% tier in exchange for a slightly higher first-mortgage note rate. Maryland HomeCredit MCC eligible. Homebuyer education required. 资金来自State和Bond。

1st Time Advantage 4% Loan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：0% deferred second mortgage. Full balance due on sale, refinance, transfer, payoff of first, or non-owner-occupancy. No monthly payment. No forgiveness schedule. 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。

1st Time Advantage 4% Loan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：FTHB waived in federally targeted tracts and for qualifying veterans (IRS Section 143(d)(2)(B)). 关于信用，该项目说明：640 minimum FICO across all eligible first-mortgage products. 须参加购房者教育课程，由MMP-approved homebuyer education provider network (HUD-approved counseling agencies, Framework, eHome America, MGIC).提供。 居住要求：Property in Maryland; primary residence. Statewide. 公民身份或移民身份：U.S. citizen, permanent resident, or qualifying non-permanent resident alien. First-time homebuyer required (waived in federally targeted census tracts and for qualifying veterans). Owner-occupied primary residence. 640 FICO minimum, 45% max DTI. Income within MMP limits ($131,700 1-2 person non-targeted to $229,460 3+ person targeted/high-cost). Purchase price within MMP limits ($544,233 to $1,535,015). Homebuyer education required. Must use an MMP-approved participating lender and master servicer.

1st Time Advantage 4% Loan将家庭收入限制在$229,460。 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。

1st Time Advantage 4% Loan将房价上限设为$1.5M。 符合条件的房屋类型包括Single-family detached, 2-unit owner-occupied (per overlays), condo (project-approved), townhouse, PUD. 新建房屋符合条件。 预制房屋不符合条件。

1st Time Advantage 4% Loan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。

1st Time Advantage 4% Loan服务于在Statewide，Maryland购房的购房者。 该项目针对特定区域：Federally targeted census tracts and high-cost Montgomery/PG/Calvert/Charles/Frederick counties have higher income / purchase-price limits.

1st Time Advantage 4% Loan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Reserved through MMP Lender Online portal at rate lock by approved lender.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。