Down Payment Assistance Program

Down Payment Assistance Program是面向Shelby County，Tennessee购房者的可免除贷款。 Shelby County DPA - HUD HOME/CDBG-funded forgivable second mortgage for FTHBs in Shelby County (outside City of Memphis). Up to $15,000 at 0% interest, deferred, forgiven over 5 years. $400K max purchase, income $98,314-$113,061 (80-120% AMI tiers). Shelby County Department of Housing Down Payment Assistance Program is a HUD HOME / CDBG-funded forgivable second mortgage for first-time homebuyers purchasing a primary residence in Shelby County (excluding the City of Memphis, which has its own HCD programs). Eligible buyers receive up to $15,000 toward down payment and closing costs. The loan is 0% interest, deferred, and forgivable over a 5-year HUD HOME affordability period. Income limits at the upper end ($98,314-$113,061) reflect Shelby County's slightly higher income ceiling allowing buyers between 80%-120% AMI Memphis MSA upper household-size brackets. 资金来自Federal、HOME和County。

Down Payment Assistance 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：Forgiven over 5-year HOME affordability period (1/5 per year). Unforgiven balance due on sale/refi/transfer/non-occupancy before period end, limited to net proceeds. 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。

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。 此处的“首次”有例外情况：Standard HUD HOME exceptions. 关于信用，该项目说明：620 typical minimum FICO. 须参加购房者教育课程，由HUD-approved housing counseling agency required. Local providers include United Housing, Inc., The Works, Inc. Online via eHome America accepted.提供。 居住要求：Property in Shelby County (typically excluding the City of Memphis); primary residence; 5-year affordability. 公民身份或移民身份：Per HUD HOME federal eligibility. First-time homebuyer required. Household income $98,314-$113,061 (per seed; reflects Shelby County's specific underwriting range covering 80%-120% AMI Memphis MSA upper household-size brackets - some Shelby County DPA tiers extend above standard 80% AMI per local program design). Property must be located in Shelby County (excluding incorporated cities of Memphis - which has its own HCD programs - though Shelby County DPA may serve Bartlett, Collierville, Germantown, Lakeland, Millington, Arlington). Max purchase price $400,000. HUD-approved counseling required. Minimum $500 borrower contribution. Property must pass HQS / NSPIRE; pre-1978 housing subject to Lead Safe Housing Rule. 5-year HOME affordability.

Down Payment Assistance 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。 Household income limits per Shelby County DPA program design; range $98,314 to $113,061 reflects upper household-size brackets (covering up to 120% AMI Memphis MSA in some tiers). Verify current schedule with Shelby County Department of Housing. 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。

Down Payment Assistance Program将房价上限设为$400,000。 符合条件的房屋类型包括Single-family detached, condominium, townhouse, PUD, 2-unit (1 unit owner-occupied), manufactured home on permanent foundation. 新建房屋符合条件。 预制房屋符合条件。

Down Payment Assistance 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。

Down Payment Assistance Program服务于在Shelby County，Tennessee购房的购房者。

Down Payment Assistance 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Apply through Shelby County Department of Housing; subject to annual HOME / CDBG allocation.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。