Down Payment Assistance Program (Lyn-CAG)

Down Payment Assistance Program (Lyn-CAG)是面向Lynchburg，Virginia购房者的延期第二贷款，由Lynchburg Community Action Group, Inc. (Lyn-CAG)管理。 The Lyn-CAG Down Payment Assistance Program offers first-time homebuyers gap financing to purchase a home in the City of Lynchburg. The assistance is a deferred loan secured by a lien against the property, intended to bridge the gap between a buyer's available funds and the cost to close. Applicants must be pre-approved by a lender and have household income at or below 80% of area median income. Assistance is funded through the City of Lynchburg's federal HOME Program and provided on a first-come, first-served basis. Flexible gap financing for first-time homebuyers. Deferred loan (no immediate repayment). Helps cover down payment and closing gap. Paired with HUD-certified homebuyer counseling. 资金来自City of Lynchburg HOME Investment Partnerships Program (HUD) funds。

Down Payment Assistance Program (Lyn-CAG)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。 该援助以Second mortgage (secured by lien on the property)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 (Lyn-CAG)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：Eligible if the applicant has not held primary ownership of a residence in the past three years. 须参加购房者教育课程，由Lyn-CAG First Time Homebuyers Club (four-month course; two classes offered annually)提供。 居住要求：Home purchased must be located within the City of Lynchburg. Applicant must submit lender pre-approval; must purchase within the City of Lynchburg; household income at/below 80% AMI; completion of Lyn-CAG First Time Homebuyers counseling; property secured by lien as collateral. NOTE (gap-finder): max assistance amount, interest rate, forgiveness terms, credit score, DTI, and purchase-price cap not published; verify before publishing.

Down Payment Assistance Program (Lyn-CAG)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。 Family/household total income must not exceed 80% of the area median income (AMI) for the Lynchburg, VA area. 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。

Down Payment Assistance Program (Lyn-CAG)可用于Single Family。

Down Payment Assistance Program (Lyn-CAG)服务于在Lynchburg，Virginia购房的购房者。

Down Payment Assistance Program (Lyn-CAG)的申请通过Lynchburg Community Action Group, Inc. (Lyn-CAG)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。