Neighborhood Redevelopment Down-payment Assistance

Neighborhood Redevelopment Down-payment Assistance是面向Florence，South Carolina购房者的可免除贷款。 City of Florence Community Services down-payment and closing-cost assistance for low- to moderate-income buyers purchasing newly constructed homes built by the City throughout the North, Northwest, and East Florence redevelopment neighborhoods. Assistance amount is determined case-by-case depending on the home purchased and is structured as a 15-year deferred, forgivable second mortgage. The City also pays a 4% realtor commission on behalf of the buyer. Pro-rated repayment is owed if the home is sold or no longer owner-occupied within the 15-year affordability period. Down-payment and closing-cost assistance toward the purchase of newly constructed City of Florence homes built in North, Northwest, and East Florence under the Neighborhood Redevelopment program. Amount of assistance varies and is provided on a case-by-case basis depending on the home purchased. Assistance is a 15-year deferred, forgivable second mortgage. The City pays a 4% realtor's fee on behalf of the buyer. No monthly payments. Fully forgiven at the 15-year anniversary if owner-occupancy is maintained. 资金来自City of Florence Neighborhood Redevelopment funds; CDBG and local funds; HUD Federal/Local。

Neighborhood Redevelopment Down-payment Assistance在15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 of home, transfer of title, or failure to maintain the property as primary residence within the 15-year term triggers pro-rated repayment of the unforgiven balance to the City. After 15 years the lien is released. 该援助以2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。

Neighborhood Redevelopment Down-payment Assistance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。 关于信用，该项目说明：No published minimum FICO; lender underwriting standards apply. 须参加购房者教育课程，由Buyer must complete a homebuyer education class.提供。 居住要求：Property must be a City-constructed redevelopment home located in North, Northwest, or East Florence. Funds available on a first-come, first-served basis. $25 nonrefundable application fee. Buyer must complete homebuyer education class. Income eligibility verified (all income counted). Home must pass inspection by City and/or state prior to closing. Buyer must be approved by a bank or mortgage lender. Property must be a City of Florence-constructed redevelopment home in North, Northwest, or East Florence. Buyer must contribute at least $1,000 of own funds. Buyer must identify their realtor (if applicable) on the application form.

Neighborhood Redevelopment Down-payment Assistance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。 Household income must be within the City of Florence eligible range, approximately 80% AMI for Florence, SC: 1p $39,350; 2p $44,950; 3p $50,550; 4p $56,150; 5p $60,650; 6p $65,150; 7p $69,650; 8p $74,200. All income sources counted. 该限制适用于家庭总收入，而不仅是借款人的收入。 该项目列出的最大家庭人数为8。 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。

Neighborhood Redevelopment Down-payment Assistance的房价上限如下：Limited by the sale price of City of Florence-constructed homes in the redevelopment areas. 符合条件的房屋类型包括Newly constructed single-family home built by the City of Florence in the North/Northwest/East Florence redevelopment neighborhoods. 新建房屋符合条件。 预制房屋不符合条件。

Neighborhood Redevelopment Down-payment Assistance服务于在Florence，South Carolina购房的购房者。 该项目针对特定区域：Neighborhood Redevelopment areas in North Florence, Northwest Florence, and East Florence where the City of Florence is constructing new infill homes.

Neighborhood Redevelopment Down-payment Assistance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Applications submitted to City of Florence Community Services on a first-come, first-served basis; $25 nonrefundable application fee.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。