Minnetonka Pathways to Homeownership Program

Minnetonka Pathways to Homeownership Program是面向Minnetonka，Minnesota购房者的可免除贷款，由Minnetonka Economic Development Authority (EDA); administered by Center for Energy and Environment (CEE)管理。 A 0% fixed-rate deferred, forgivable second-mortgage loan from the City of Minnetonka and its EDA (administered by CEE) providing down payment and closing cost assistance to first-time homebuyers (no homeownership in the past 7 years) purchasing a primary residence in Minnetonka. Assistance is tiered by household AMI band (10%-25% of purchase price, up to $50,000-$75,000). Forgives 5% per year and is 100% forgiven after 20 years of continuous owner-occupancy. 0% APR fixed. Deferred, forgiven 5%/yr and 100% after 20 years. Up to $75,000. Setup/origination fees paid by the program. 资金来自City of Minnetonka and its Economic Development Authority。

Minnetonka Pathways to Homeownership Program提供最高$75,000的援助。 援助档次：Tiered by AMI band: 25% of purchase price (<=50% AMI, up to $75,000); 20% (51-60% AMI, up to $70,000); 15% (61-80% AMI, up to $63,000); 10% (81-120% AMI, up to $50,000). 购房者自付部分：No minimum borrower contribution stated in primary sources. 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Minnetonka Economic Development Authority (EDA); administered by Center for Energy and Environment (CEE)决定。

Minnetonka Pathways to Homeownership Program在20年后免除，因此住满这段时间的购房者无需偿还。 触发还款的情形：Sale, transfer, or ceasing to occupy/own as primary residence during the 20-year term; remaining unforgiven balance due. Forgives 5% annually; 100% forgiven after 20 years. 该援助以Second mortgage (subordinate; mortgage in favor of the Minnetonka EDA)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。

Minnetonka Pathways to Homeownership 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：Defined as not having owned a home within the past seven (7) years. 关于信用，该项目说明：All borrowers must have at least a 620 credit score; no outstanding liens or judgments. 须参加购房者教育课程，由Home Stretch (MN Homeownership Center), Framework, Minneapolis Urban League American Dream Program, or other HUD/City-approved program; evidence prior to closing.提供。 居住要求：All borrowers must be legal residents of the U.S. 公民身份或移民身份：Borrowers must be legal residents of the U.S.; foreign nationals and illegal residents ineligible. Signed purchase agreement and application at least four weeks before closing; property homesteaded within 60 days; first mortgage fixed-rate; Declaration of Assets form; no outstanding liens or judgments. Income of all deed holders and resident spouse included. Larger assistance for lower AMI bands.

Minnetonka Pathways to Homeownership 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。 Total gross annual household income cannot exceed 120% of AMI (family size of four for 1-4 person households; increases for larger families). HUD limits, adjusted annually. 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。

Minnetonka Pathways to Homeownership Program将房价上限设为$500,000。 符合条件的房屋类型包括Single Family、Townhouse和Condo。 预制房屋不符合条件。

Minnetonka Pathways to Homeownership Program服务于在Minnetonka，Minnesota购房的购房者。

Minnetonka Pathways to Homeownership Program的申请通过Minnetonka Economic Development Authority (EDA); administered by Center for Energy and Environment (CEE)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; application with signed purchase agreement at least four weeks before 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。