Gap program

Gap program是面向Zumbrota，Minnesota购房者的延期第二贷款。 Three Rivers SE MN regional gap-financing DPA. Up to $35,000 0% deferred second. 9-county service area. Income $62,650-$123,750. Max PP $604,400. 640 FICO. FTHB required. The Three Rivers Community Action Gap Program provides up to $35,000 in gap-financing down payment and closing-cost assistance to first-time homebuyers purchasing a primary residence within Three Rivers' SE Minnesota service area (Wabasha, Goodhue, Olmsted, Dodge, Steele, Rice, Houston, Fillmore, and Winona counties). Funded through Minnesota Housing's Impact Fund, federal HOME, CDBG, and local foundation sources, the assistance is structured as a 0% interest deferred second mortgage with no monthly payments. Repayable upon sale, refinance with cash-out, transfer of title, or non-owner-occupancy. Income limits $62,650 (1-person) to $123,750 (4+ person). Maximum purchase price $604,400 (aligned with MN Housing Start Up Twin Cities-area limits). 资金来自CDBG、HOME、State和Local Government。

Gap 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：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。

Gap 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：FTHB requirement may be waived in MN Housing federally targeted areas. 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 - HUD-approved housing counseling agency. Pre-purchase 8-hour homebuyer education (Framework or in-person at Zumbrota/Rochester offices) plus one-on-one counseling required.提供。 居住要求：Property must be in Three Rivers 9-county SE MN service area: Wabasha, Goodhue, Olmsted, Dodge, Steele, Rice, Houston, Fillmore, Winona. 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). Income up to $62,650 (1-person) - $123,750 (4+ person). Property must be located within Three Rivers' 9-county SE Minnesota service area. Must complete Three Rivers homebuyer education and one-on-one counseling. $1,000 minimum borrower contribution. Maximum purchase price $604,400. Property must be primary residence within 60 days of closing.

Gap program将家庭收入限制在$123,750。 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。

Gap program将房价上限设为$604,400。 符合条件的房屋类型包括Single-family detached, condominium, townhouse, PUD, manufactured home (real-property-titled), 1-2 unit owner-occupied. 新建房屋符合条件。 预制房屋符合条件。

Gap program服务于在Zumbrota，Minnesota购房的购房者。

Gap 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Application via Three Rivers Homeownership Department intake.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。