Austin/Mower County Homeownership Fund (A/MCHF)

Austin/Mower County Homeownership Fund (A/MCHF)是面向Austin，Minnesota购房者的需偿还的第二贷款。 Joint Austin/Mower County DPA. Up to $25,000 0% forgivable (5-yr/20%/yr). Max PP $195,000. Income $85k-$95k. 640 FICO. FTHB required. The Austin/Mower County Homeownership Fund (A/MCHF) is a joint partnership between the City of Austin, Mower County, the Austin Area Foundation, and Hormel Foundation that provides up to $25,000 in deferred forgivable down payment assistance to first-time homebuyers purchasing a primary residence within the City of Austin or Mower County, Minnesota. The assistance is structured as a 0% interest deferred forgivable loan, forgiven 20% per year over a 5-year compliance period (full forgiveness at end of year 5) so long as the borrower maintains owner-occupancy. Maximum purchase price $195,000. Income limits $85,000 (smaller household) up to $95,000 (larger household). 资金来自Local Government和Foundation。

Austin/Mower County Homeownership Fund (A/MCHF)提供最高$8,000的援助。 该项目要求购房者自付$1,000 minimum borrower contribution from own funds. 该项目可与其他援助结合使用，但须遵守各项目的规定。 金额是该项目公布的上限，并非报价——具体每人的援助金额由管理该项目的机构决定。

Austin/Mower County Homeownership Fund (A/MCHF)是需偿还的第二贷款，按管理该项目的机构设定的条款偿还。 触发还款的情形：0% interest forgivable loan, forgiven 20% per year over 5-year compliance period (full forgiveness at end of year 5). Sale, refinance with cash-out, transfer of title, or non-owner-occupancy during years 1-5 triggers proportional repayment of unforgiven balance. 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。

Austin/Mower County Homeownership Fund (A/MCHF)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 requirement may be waived for qualifying veterans. 关于信用，该项目说明：640 minimum FICO per first-mortgage product overlay. 须参加购房者教育课程，由Three Rivers Community Action (regional HUD-approved counselor) - pre-purchase 8-hour homebuyer education and one-on-one counseling required.提供。 居住要求：Property must be in City of Austin or unincorporated Mower County, MN. 公民身份或移民身份：U.S. citizen, permanent resident, or qualifying non-permanent resident alien per first-mortgage product overlays. First-time homebuyer required (no ownership of a primary residence in the prior 3 years). Property must be located within City of Austin or unincorporated Mower County. Maximum purchase price $195,000. Income up to $85,000 (smaller household) - $95,000 (larger household). Must complete HUD-approved homebuyer education with Three Rivers Community Action. $1,000 minimum borrower contribution. 5-year owner-occupancy compliance period (forgiveness vests 20%/year). Sale, refinance with cash-out, transfer of title, or non-owner-occupancy during years 1-5 triggers proportional repayment.

Austin/Mower County Homeownership Fund (A/MCHF)将家庭收入限制在$95,000。 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。

Austin/Mower County Homeownership Fund (A/MCHF)将房价上限设为$195,000。 符合条件的房屋类型包括Single-family detached, condominium, townhouse, PUD, manufactured home (real-property-titled). 新建房屋符合条件。 预制房屋符合条件。

Austin/Mower County Homeownership Fund (A/MCHF)服务于在Austin，Minnesota购房的购房者。

Austin/Mower County Homeownership Fund (A/MCHF)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Application via City of Austin Community Development office.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。