Chenoa Fund FHA Down Payment Assistance Forgivable

Chenoa Fund FHA Down Payment Assistance Forgivable是面向Statewide，Utah购房者的延期第二贷款。 Chenoa Fund DPA Edge Soft (Forgivable) is a 0% silent second mortgage of up to 5% of the FHA first-mortgage amount, forgiven after 36 consecutive on-time payments on the first mortgage. Originated by CBC Mortgage Agency, a federally chartered tribally owned (Cedar Band of Paiutes) HFA based in South Jordan, Utah; the program is offered nationwide and is available to the general public, not restricted to tribal members. Up to 5% of FHA loan amount as a 0% silent second mortgage, fully forgiven after 36 consecutive on-time first-mortgage payments (3 years). No monthly payment on the second. Covers FHA 3.5% minimum required investment plus closing costs/prepaids. Statewide availability in all 50 states. UT-based program. No first-time-homebuyer requirement. Minimum 600 FICO. No income limit at 600+ FICO. income-restricted only at lower FICO tiers (e.g., <620 may require <=140% AMI). 资金来自Tribal和Other。

Chenoa Fund FHA Down Payment Assistance Forgivable在3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 after 36 consecutive on-time first-mortgage payments和if borrower misses payments and falls out of on-time status, balance reverts to a 10-year amortizing repayable second. 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。

Chenoa Fund FHA Down Payment Assistance Forgivable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：Minimum 600 FICO; higher FICO unlocks income-unrestricted tier。 须参加购房者教育课程，由CBC Mortgage Agency requires online homebuyer education through approved partners (Framework, MGIC, Genworth/Enact, etc.) prior to closing.提供。 居住要求：Property must be primary residence (any U.S. state where CBCMA originates; UT eligible)。 公民身份或移民身份：U.S. citizen or qualifying permanent/non-permanent resident alien per FHA。 Property must be primary residence. Standard FHA underwriting. Minimum 600 FICO (income tier may apply at lower scores). Must complete CBCMA-approved homebuyer education. 36 consecutive on-time first-mortgage payments required for full forgiveness; missing payments triggers conversion to 10-year repayable second.

Chenoa Fund FHA Down Payment Assistance Forgivable的收入限制如下：No income limit at 620+ FICO; at 600-619 FICO, household income capped at 140% AMI for most areas (per current product matrix). 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。

Chenoa Fund FHA Down Payment Assistance Forgivable将房价上限设为$766,550。 符合条件的房屋类型包括Single-family detached, FHA-approved condo, townhouse, PUD, 2-4 unit (per FHA), manufactured (per FHA)。 新建房屋符合条件。 预制房屋符合条件。

Chenoa Fund FHA Down Payment Assistance Forgivable服务于在Statewide，Utah购房的购房者。

Chenoa Fund FHA Down Payment Assistance Forgivable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Loan officer reserves DPA via CBCMA correspondent lender portal at time of locking.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。