City of Suffolk HOME Downpayment and Closing Cost Assistance Program

City of Suffolk HOME Downpayment and Closing Cost Assistance Program是面向Suffolk，Virginia购房者的可免除贷款，由Suffolk Redevelopment and Housing Authority (in partnership with the City of Suffolk)管理。 The Suffolk Redevelopment and Housing Authority, in partnership with the City of Suffolk, provides down payment and closing cost assistance to first-time homebuyers purchasing a primary residence in Suffolk. Eligible buyers (income at or below 80% AMI, no homeownership in the prior three years) may receive up to $14,500 as a 0% amortized forgivable loan secured by a deed of trust; 20% is forgiven each year and the balance is fully forgiven after five years. Buyers complete the Virginia Housing First-Time Homebuyers Class in person, attend two one-on-one counseling sessions, and contribute at least 1% of the sales price ($500 minimum). Up to $14,500 in down payment and closing cost assistance. 0% interest, no monthly payments. 20% forgiven each year, fully forgiven after 5 years. No prepayment penalty. Works alongside a standard first mortgage. 资金来自HUD HOME Investment Partnerships Program funds (City of Suffolk / Western Tidewater HOME Consortium)。

City of Suffolk HOME Downpayment and Closing Cost Assistance Program提供最高$14,500的援助。 购房者自付部分：Buyer must contribute at least 1% of the sales price, with a $500 minimum. 该项目可与May be paired with a first mortgage; buyer completes Virginia Housing homebuyer education.结合使用。 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Suffolk Redevelopment and Housing Authority (in partnership with the City of Suffolk)决定。

City of Suffolk HOME Downpayment and Closing Cost 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：Sale, transfer, lease, conveyance, title transfer, or death of the qualifying person within the 5-year affordability period; remaining unforgiven balance is recaptured。 该援助以Subordinate (deed of trust and promissory note behind first mortgage)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 Suffolk HOME Downpayment and Closing Cost 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：Must not have owned a home in the last three years (HUD first-time homebuyer definition)。 须参加购房者教育课程，由Virginia Housing First-Time Homebuyers Class (in person, signed certificate) plus at least two one-on-one sessions with a HUD-certified housing counselor through SRHA提供。 居住要求：Property must be located in the City of Suffolk, VA. First-time homebuyer (no homeownership in last 3 years). Income at or below 80% AMI. Must complete VHDA First-Time Homebuyers Class in person and attend 2 one-on-one HUD-certified counseling sessions. Buyer contributes at least 1% of sales price ($500 min). Buyer must NOT have ratified a sales contract prior to the eligibility notice. Property in Suffolk, primary residence, must pass HQS inspection and be lead-safe. Required docs: 60 days pay stubs; benefit/pension verification; child-support/divorce records; income statements. Promissory note, deed of trust, and homebuyers agreement signed. Printed brochure available by contacting SRHA.

City of Suffolk HOME Downpayment and Closing Cost 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。 Household income cannot exceed 80% of Area Median Income. 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。

City of Suffolk HOME Downpayment and Closing Cost Assistance Program可用于Single Family、Townhouse和Manufactured。 新建房屋符合条件。 预制房屋符合条件。

City of Suffolk HOME Downpayment and Closing Cost Assistance Program服务于在Suffolk，Virginia购房的购房者。

City of Suffolk HOME Downpayment and Closing Cost Assistance Program的申请通过Suffolk Redevelopment and Housing Authority (in partnership with the City of Suffolk)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。