Settlement Expense Loan Program

Settlement Expense Loan Program是面向Harford县，Maryland购房者的延期第二贷款。 Harford County's Settlement Expense Loan Program (SELP) is a 0% interest deferred-payment second mortgage of up to $10,000 for first-time homebuyers purchasing primary residences in Harford County, MD. Administered by the Harford County Department of Housing and Community Development. Up to $10,000 in settlement-expense (closing-cost / down-payment) assistance as a 0% interest deferred-payment second mortgage for first-time homebuyers in Harford County, MD. Maximum purchase price $342,000-$444,000 depending on property type and target-area status. 资金来自HOME、CDBG、Federal和Local Government。

Settlement Expense Loan 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：Deferred 0% second-mortgage repayable upon sale, refinance with cash-out, transfer, or loss of primary-residence status. 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。

Settlement Expense Loan 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 homebuyer (no ownership of residential real estate in prior 3 years). 关于信用，该项目说明：640 minimum FICO recommended; underwriting per first-mortgage product。 须参加购房者教育课程，由HUD-approved housing counseling agencies serving Harford County; homebuyer-education certificate required.提供。 居住要求：Property within Harford County, MD; buyer's primary residence. 公民身份或移民身份：U.S. citizen or eligible non-citizen permitted by HUD HOME / CDBG rules。 Property must be located in Harford County, MD, and be the buyer's primary residence. First-time homebuyer required (no ownership of residential real estate in prior 3 years). Maximum purchase price $342,000-$444,000 depending on property type and target-area status. Maximum household income approximately $72,950 (1-person) to $137,550 (8-person). Minimum buyer contribution typically $1,000. 8-hour HUD-approved homebuyer-education class required. Loan is 0% interest, deferred for the life of the loan; repaid upon sale, refinance with cash-out, transfer, or loss of primary-residence status.

Settlement Expense Loan Program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。 Household income approximately $72,950 (1-person) to $137,550 (8-person) per Harford County SELP guidelines. 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。

Settlement Expense Loan Program将房价上限设为$444,000。 符合条件的房屋类型包括Single-family detached、Townhouse和Condominium。 新建房屋符合条件。 预制房屋不符合条件。

Settlement Expense Loan Program服务于在Harford县，Maryland购房的购房者。 该项目针对特定区域：Harford County, MD - higher purchase-price caps available in HUD-designated target areas。

Settlement Expense Loan 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 subject to annual HUD HOME / CDBG funding.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。