Closing Cost Loans

Closing Cost Loans是面向Salisbury，Maryland购房者的延期第二贷款。 Salisbury NHS amortizing second-mortgage closing-cost loan: up to $15,000, term up to 10 years (5 years if <=$5K), rate 2% below first mortgage. NO income limit within Salisbury city; 120% AMI elsewhere in Wicomico/Worcester/Somerset. Owner-occupied. Pairs with MMP, USDA, FHA, VA, conventional. Closing-cost / down-payment assistance LOAN (amortizing repayable second mortgage) up to $15,000 from Salisbury Neighborhood Housing Services (SNHS) for buyers in Wicomico County (with expanded coverage to Worcester and Somerset counties under SNHS's regional service area). Loan terms: maximum 10 years (5 years if loan amount is $5,000 or less). Interest rate set 2% BELOW the buyer's first-mortgage rate (e.g., if first mortgage is 7%, SNHS second is ~5%). Property must be owner-occupied. Within Salisbury city limits there is NO income restriction. outside Salisbury but in Wicomico County, income limit is 120% area median income. SNHS is a NeighborWorks-affiliated CDFI. Funds typically used for closing costs and minor down payment supplement. pairs with Maryland Mortgage Program (MMP) first mortgages, USDA Rural Development, and conventional first mortgages. 资金来自CDFI、NeighborWorks、State和Local Government。

Closing Cost Loans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：Amortizing second mortgage with monthly payment over up to 10-year term (5 years if <=$5,000). NOT forgivable - principal and interest fully amortize over the term. 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。

Closing Cost Loans面向将房屋作为主要住所自住的购房者。 关于信用，该项目说明：Per SNHS underwriting; first-mortgage lender's minimums also apply. 须参加购房者教育课程，由Salisbury Neighborhood Housing Services (HUD-approved housing counseling agency) - pre-purchase counseling required.提供。 居住要求：Property must be in Wicomico County (and SNHS-served portions of Worcester/Somerset) and serve as primary residence. 公民身份或移民身份：Per first-mortgage product rules. Property must be owner-occupied primary residence. Within Salisbury city limits: NO income restriction. Outside Salisbury but in Wicomico County (and SNHS-served Worcester/Somerset): household income at or below 120% area median income. Maximum loan: $15,000. Term: max 10 years; max 5 years if loan amount $5,000 or less. Interest rate: 2% below first-mortgage rate. Pre-purchase counseling required from SNHS.

Closing Cost Loans将家庭收入限制在地区收入中位数的120%，该数值因县和家庭人数而异。 WITHIN Salisbury city limits: NO income restriction. OUTSIDE Salisbury but in Wicomico County (and SNHS-served Worcester/Somerset): household income at or below 120% area median income. Per LendSquawk seed: $71,400 (1-person) to $163,800 (8-person) reflects 120% AMI scaled by household size. 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。

Closing Cost Loans的房价上限如下：Per first-mortgage limits. 符合条件的房屋类型包括Single-family detached、Townhome、Rowhouse和Condominium。 新建房屋符合条件。 预制房屋符合条件。

Closing Cost Loans服务于在Salisbury，Maryland购房的购房者。 该项目针对特定区域：Salisbury NHS service area: Wicomico County (primary), Worcester County, Somerset County. Within Salisbury city limits: no income limit. Outside Salisbury: 120% AMI cap.

Closing Cost Loans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Apply directly through SNHS. SNHS originates the second mortgage; coordinates with buyer's first-mortgage lender at closing.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。