Repeat Homebuyer Program

Repeat Homebuyer Program是面向Statewide，South Dakota购房者的延期第二贷款。 SDHDA 30-year fixed first mortgage with optional amortizing DPA second up to 5% of loan amount for REPEAT homebuyers (no FTHB requirement). 620 FICO, 50% DTI, higher income / purchase price limits than FTHB Program. Statewide. SDHDA's Repeat Homebuyer Program provides a 30-year fixed-rate first mortgage paired with optional Down Payment Assistance (DPA) up to 5% of the loan amount (typically $7,500-$10,000) for buyers who DO NOT need to be first-time homebuyers. The DPA is structured as an amortizing second mortgage at a slightly higher rate than the first mortgage, with the same 30-year term. Funds may be applied to down payment and closing costs. Higher income limits ($122,640 1-2p / $143,080 3+p) and higher purchase price limit ($460,000) than the First-Time Homebuyer Program. 620 minimum FICO. Available statewide in South Dakota. 资金来自State和Bond。

Repeat Homebuyer Program为延期还款，在房屋出售、再融资或第一抵押贷款还清之前无需付款。 触发还款的情形：30-year amortizing monthly payments. Balance due on sale, refinance, transfer of title, or non-owner-occupancy. 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。

Repeat Homebuyer Program面向将房屋作为主要住所自住的购房者。 关于信用，该项目说明：620 minimum representative mid-FICO across loan products (lower than First-Time Homebuyer Program's 640). 须参加购房者教育课程，由SDHDA-approved homebuyer education provider (NeighborWorks Dakota Home Resources, GROW South Dakota, Homes Are Possible Inc., Framework, eHome America, or HUD-approved counseling agency).提供。 居住要求：Property must be located in South Dakota and serve as borrower's principal residence. 公民身份或移民身份：U.S. citizen, permanent resident alien, or qualifying non-permanent resident alien per first-mortgage product overlays. No first-time homebuyer requirement (open to repeat buyers). Owner-occupied principal residence in South Dakota. Annual household income within SDHDA Repeat Homebuyer limits ($122,640 1-2p / $143,080 3+p by county). Purchase price within SDHDA Repeat acquisition cost limits (up to $460,000). 620 minimum representative mid-FICO. 50% maximum DTI. $1,000 minimum borrower contribution (giftable). SDHDA-approved homebuyer education required.

Repeat Homebuyer Program将家庭收入限制在$143,080。 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。

Repeat Homebuyer Program将房价上限设为$460,000。 符合条件的房屋类型包括Single-family detached, condominium, townhouse, PUD和manufactured home on permanent foundation per servicer overlays. 新建房屋符合条件。 预制房屋符合条件。

Repeat 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和遗属配偶。 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。

Repeat Homebuyer Program服务于在Statewide，South Dakota购房的购房者。

Repeat 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 by approved participating lender via SDHDA Lender Online portal at time of rate lock.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。