City of Springfield Down Payment Assistance Program

City of Springfield Down Payment Assistance Program是面向Springfield，Ohio购房者的可免除贷款，由City of Springfield Office of Housing管理。 The City of Springfield Office of Housing provides down payment and closing cost assistance ranging from $7,500 to $35,000 to income-qualified, first-time homebuyers purchasing a home in the City of Springfield. Assistance is structured as a 0% interest deferred-payment loan that is forgiven over ten years of continued owner-occupancy: no forgiveness in the first 5 years, then one-fifth forgiven each year beginning after the 6th full year, with the full loan forgiven at 10 years. 0% interest deferred, forgivable loan of $7,500-$35,000 for down payment and closing costs; fully forgiven after 10 years of owner-occupancy. 资金来自HUD federal entitlement funds (City of Springfield)。

City of Springfield Down Payment Assistance Program提供$7,500至$35,000的援助。 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City of Springfield Office of Housing决定。

City of Springfield Down Payment Assistance Program在10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 cessation of owner-occupancy before the loan is fully forgiven (declining balance, one-fifth forgiven per year beginning after the 6th year of owner-occupancy). 该援助以subordinate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。

City of Springfield Down Payment Assistance Program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。 Home must be located within the City of Springfield and be the applicant's primary residence. First-time homebuyer required. Applicant must contribute a minimum of 1% of own funds toward the purchase. Loan-to-value ratio must be 103% or less and debt-to-income ratio 45% or less (case-by-case exceptions possible). Must complete homebuyer education from a HUD-certified counselor at a HUD-approved housing counseling agency. No forgiveness during first 5 years; one-fifth forgiven annually beginning after year 6.

City of Springfield Down Payment Assistance Program将家庭收入限制在地区收入中位数的80%，该数值因县和家庭人数而异。 Occupant household income cannot exceed 80% of Area Median Income, determined annually by HUD. 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。

City of Springfield Down Payment Assistance Program服务于在Springfield，Ohio购房的购房者。

City of Springfield Down Payment Assistance Program的申请通过City of Springfield Office of Housing办理，该机构在其网站上公布现行条款和申请步骤。 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。