Down Payment Assistance Deferred Loan

Down Payment Assistance Deferred Loan是面向St. Louis Park，Minnesota购房者的延期第二贷款。 St. Louis Park city deferred DPA. Up to $20,000 0% deferred second. Income $117,300-$124,900. 640 FICO. FTHB required. SLP city limits only. The City of St. Louis Park Down Payment Assistance Deferred Loan provides up to $20,000 in deferred 0% second-mortgage DPA to first-time homebuyers purchasing a primary residence within the City of St. Louis Park, Minnesota (Hennepin County). Funded through St. Louis Park Housing Authority and federal CDBG/HOME, the assistance is structured as a 0% interest deferred second mortgage with no monthly payments, due in full upon sale, refinance with cash-out, transfer of title, or non-owner-occupancy. Income limits $117,300 (1-2 person) - $124,900 (3+ person). Aligned with 100-110% AMI Minneapolis-St. Paul MSA. 资金来自Local Government、HOME和CDBG。

Down Payment Assistance Deferred 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% interest deferred second mortgage. Balance due on sale, refinance with cash-out, transfer of title, or non-owner-occupancy. 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。

Down Payment Assistance Deferred 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 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NeighborWorks Home Partners (HUD-approved) - pre-purchase 8-hour homebuyer education and one-on-one counseling required.提供。 居住要求：Property must be in City of St. Louis Park, 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 St. Louis Park, MN. Income $117,300 (1-2 person) - $124,900 (3+ person). Must complete HUD-approved homebuyer education with NeighborWorks Home Partners. $1,000 minimum borrower contribution. Property must be primary residence within 60 days of closing.

Down Payment Assistance Deferred Loan将家庭收入限制在$124,900。 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。

Down Payment Assistance Deferred Loan的房价上限如下：Per MN Housing Start Up Twin Cities-area purchase price limits ($604,400-$659,550). 符合条件的房屋类型包括Single-family detached, condominium (project-approved), townhouse, PUD, 1-2 unit owner-occupied. 新建房屋符合条件。 预制房屋不符合条件。

Down Payment Assistance Deferred Loan服务于在St. Louis Park，Minnesota购房的购房者。

Down Payment Assistance Deferred 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Application via St. Louis Park Housing Division.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。