1st Time Advantage 5% Loan

1st Time Advantage 5% Loan是面向Statewide，Maryland购房者的延期第二贷款。 Maryland DHCD MMP 1st Time Advantage with 5% deferred 0% DPA second - the highest percentage tier. Bond-funded MRB first. FTHB required. 640 FICO. Statewide. Maryland DHCD's 1st Time Advantage 5% Loan provides a 0% deferred second mortgage equal to 5% of the first mortgage amount for down payment and/or closing cost assistance. The HIGHEST percentage tier in the 1st Time Advantage family - delivers the most DPA in exchange for the highest first-mortgage note rate of the four tiers. Pairs with a 30-year fixed-rate MMP first mortgage (FHA, VA, USDA-RD, or HFA conventional) funded via Maryland mortgage revenue bonds. The 5% DPA second is a non-amortizing 0% soft second - no monthly payment - due on sale/refinance/transfer/payoff. Income up to $229,460 (3+ person targeted). 640 FICO. MCC eligible. Homebuyer education required. 资金来自State和Bond。

1st Time Advantage 5% 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. Full balance due on sale/refinance/transfer/payoff/non-owner-occupancy. No monthly payment. No forgiveness. 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 5% 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. 关于信用，该项目说明：640 minimum FICO. 须参加购房者教育课程，由MMP-approved homebuyer education provider network.提供。 居住要求：Property in MD; primary residence. Statewide. 公民身份或移民身份：U.S. citizen, permanent resident, or qualifying non-permanent resident alien. FTHB required (waived in federally targeted tracts and for qualifying veterans). Owner-occupied primary residence. 640 FICO minimum, 45% max DTI. MMP income / purchase-price limits. Homebuyer education required. MMP-approved lender + master servicer.

1st Time Advantage 5% 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 5% Loan将房价上限设为$1.3M。 符合条件的房屋类型包括Single-family detached, 2-unit owner-occupied (per overlays), condo (approved), townhouse, PUD. 新建房屋符合条件。 预制房屋不符合条件。

1st Time Advantage 5% 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 5% 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 MD counties have elevated income / purchase-price limits.

1st Time Advantage 5% 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.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。