Home Town: First Time Homebuyer program

Home Town: First Time Homebuyer program是面向Portsmouth，New Hampshire购房者的可免除贷款。 City of Portsmouth FTHB DPA forgivable second mortgage: up to $20,000 for first-time buyers purchasing in Portsmouth. 5-year affordability period. 120% AMI limit. City-Specific (Portsmouth only). City of Portsmouth's Home Town: First Time Homebuyer program provides a forgivable second-mortgage DPA loan for first-time homebuyers purchasing within the City of Portsmouth, NH. Up to $20,000 in down-payment / closing-cost assistance, structured as a 0%-interest forgivable second mortgage with a 5-year affordability period (forgiven after 5 years of continued owner-occupancy. recoverable on a pro-rata basis if borrower sells / refinances / transfers / vacates within 5 years). Funded via HUD HOME / CDBG entitlement allocation to the Portsmouth Community Development Department. Pairs with FHA, USDA-RD, VA, conventional, or NH Housing first mortgage from any qualifying lender. Income limits up to 120% AMI for the Portsmouth-Rockingham service area: $110,208 (1-person) - $182,630 (8+ person household). Borrower contribution $1,500 minimum. Homebuyer education required. 资金来自Federal和Local。

Home Town: First Time Homebuyer program在5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：5-year affordability period (0% interest forgivable second). If borrower sells, refinances with cash-out, transfers title, or vacates as primary residence within 5 years, balance is repayable on pro-rata basis (1/60 forgiven per month). After 5 years of continued owner-occupancy, lien is released and assistance is fully forgiven. 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。

Home Town: First Time Homebuyer 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 waived for displaced homemakers and single parents per HUD HOME definition. 关于信用，该项目说明：Per first-mortgage product overlays; City of Portsmouth does not impose a separate FICO minimum. 须参加购房者教育课程，由HUD-certified homebuyer education providers including NeighborWorks Southern NH, The Way Home, and AHEAD.提供。 居住要求：Property must be located within the City of Portsmouth, NH boundaries (city limits) and be the borrower's primary residence. 公民身份或移民身份：U.S. citizen or qualifying permanent resident. Must be a first-time homebuyer (no ownership of a primary residence in past 3 years). Property must be located within the City of Portsmouth, NH city limits. Owner-occupied primary residence. Household income at or below 120% AMI for the Portsmouth HUD service area: $110,208 (1-person) to $182,630 (8+ person) per HUD MFI table. Borrower must contribute a minimum of $1,500 of own funds. 5-year affordability period (forgivable on continued owner-occupancy; recoverable pro-rata if borrower vacates / sells / refinances within 5 years). HUD-certified homebuyer education required. HUD compliance: lead-based paint review (pre-1978 properties), Section 504 accessibility review.

Home Town: First Time Homebuyer 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。 City of Portsmouth / HUD income limits at or below 120% AMI: $110,208 (1-person) to $182,630 (8+ person) per HUD MFI table for Portsmouth-Rockingham, NH HUD Metro FMR Area. Higher AMI tier than Nashua reflects Portsmouth's higher cost of living and 120% (vs. 80%) AMI ceiling. 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。

Home Town: First Time Homebuyer program的房价上限如下：Per HUD-set maximum acquisition price for Portsmouth area (typically updated annually). 符合条件的房屋类型包括Single-family detached, condominium, townhouse, 2-unit owner-occupied. 3-4 unit on case-by-case review. 新建房屋符合条件。 预制房屋符合条件。

Home Town: First Time Homebuyer program在其服务群体中提到了退伍军人、现役军人、预备役人员和国民警卫队成员、遗属配偶和残障购房者。 在此列出仅表示项目提到了该群体，并不表示仅凭群体身份即可使申请人符合条件——其余资格规则仍然适用。

Home Town: First Time Homebuyer program服务于在Portsmouth，New Hampshire购房的购房者。

Home Town: First Time Homebuyer 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Reserved directly with City of Portsmouth Community Development Department upon application; subject to fund availability.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。