CDLI Down Payment and Closing Cost Assistance Loan

CDLI Down Payment and Closing Cost Assistance Loan是面向Nassau; Suffolk县，New York购房者的需偿还的第二贷款，由Community Development Long Island (CDLI) / CDLI Funding Corporation管理。 A fixed low-interest-rate second loan for down payment and closing cost assistance, available to first-time homebuyers in Nassau and Suffolk Counties whose income is no greater than 120% AMI, primarily to help borrowers reach 20% down and avoid PMI. Loan amount up to $75,000; rate (4.0%/4.25%/4.5%) set by loan size. Combined LTV may not exceed 105%. Administered by CDLI Funding Corporation, a nonprofit CDFI. Up to $75,000 low-interest second loan. Helps avoid PMI. Combine with own funds for up to 20% down. 资金来自CDLI Funding Corporation (nonprofit CDFI / exempt mortgage banker)。

CDLI Down Payment and Closing Cost Assistance Loan提供最高$75,000的援助。 援助档次：Interest rate set by loan size: 4.0%, 4.25%, or 4.5% fixed。 购房者自付部分：Funds combined with borrower's own funds toward up to 20% to avoid PMI。 该项目可与Borrower's own funds and other grant funds (documentation required)结合使用。 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Community Development Long Island (CDLI) / CDLI Funding Corporation决定。

CDLI Down Payment and Closing Cost Assistance Loan是需偿还的第二贷款，按Community Development Long Island (CDLI) / CDLI Funding Corporation设定的条款偿还。 触发还款的情形：Amortizing/repayable second loan; term cannot exceed term of first mortgage。 该援助以second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。

CDLI Down Payment and Closing Cost Assistance Loan面向首次购房者和将房屋作为主要住所自住的购房者。 “首次购房者”通常指过去三年内未拥有房屋，但该项目有自己的定义。 须参加购房者教育课程，由CDLI NeighborWorks HomeOwnership Center Home Buyer Education Program提供。 Requires fixed-rate first mortgage commitment from a NYS-approved lender; $120 nonrefundable application fee; CDLI NeighborWorks Home Buyer Education required; income of ALL household members counted; total combined LTV must not exceed 105%; loan term cannot exceed first-mortgage term. Min credit score, DTI, forgiveness terms not published online (subject to underwriting).

CDLI Down Payment and Closing Cost Assistance Loan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。 Household income no greater than 120% of HUD area median income based on family size; income of all household members counted. 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。

CDLI Down Payment and Closing Cost Assistance Loan将房价上限设为$500,000。 符合条件的房屋类型包括Single Family、2-4 Unit、Condo和Co-op。

CDLI Down Payment and Closing Cost Assistance Loan服务于在Nassau; Suffolk县，New York购房的购房者。

CDLI Down Payment and Closing Cost Assistance Loan的申请通过Community Development Long Island (CDLI) / CDLI Funding Corporation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 Cognito Forms; subject to underwriting and funding 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。