Shared Equity Program

Shared Equity Program是面向Multiple，Vermont购房者的增值共享贷款。 NWWVT's Shared Equity Program: permanently-affordable homeownership via below-market subsidized purchase price + perpetual deed-restriction covenant with 25% seller / 75% program appreciation share at resale. SHARED-APPRECIATION model. Up to ~120% AMI ($86K-$162.2K). Purchase price $275.5K-$426K. 640 FICO. Western VT. Buyer retains 25% of appreciation; program retains 75% to preserve affordability for next buyer in perpetuity. NWWVT's Shared Equity Program creates permanently-affordable homeownership opportunities in Western Vermont. The buyer purchases a home at a BELOW-MARKET subsidized price - the program absorbs the gap between market value and the formula price (often $40,000-$100,000+ in subsidy upfront). In exchange, the home carries a PERPETUAL deed restriction (covenant running with the land) that controls resale price using a formula: typically the seller retains 25% of any market-value appreciation while the program retains 75% to keep the home affordable for the next income-eligible buyer. The 25% / 75% appreciation share is the program's defining feature - this is a SHARED-APPRECIATION model providing permanent affordability. Income limits up to approximately 120% AMI: $86,000 (1-person) to $162,200 (large household / higher-cost county). Purchase price tiers $275,500 (smaller / lower-cost units) to $426,000 (larger / 4-bedroom or higher-cost-county units). 640 FICO. Pre-purchase homebuyer education + one-on-one counseling required. Buyer also typically receives a 30-year fixed first mortgage from VHFA, USDA, FHA, VA, or a participating lender. Service area: NWWVT Western Vermont counties. 资金来自Federal、State和Other。

Shared Equity Program是增值共享贷款，按管理该项目的机构设定的条款偿还。 触发还款的情形：PERPETUAL SHARED-APPRECIATION RECAPTURE: At resale, buyer receives original purchase price + 25% of any market-value appreciation + value of approved capital improvements. NWWVT (or successor steward) retains 75% of appreciation to subsidize the next income-eligible buyer at a formula price. NWWVT has right of first refusal and approves the next buyer (must meet income / occupancy / FICO criteria). Restriction is PERPETUAL (no expiration). On owner default / foreclosure, NWWVT has right to cure and step into the buyer's position to preserve the affordability covenant. 该援助以Covenant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。

Shared Equity 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：First-time-homebuyer requirement typical but may be waived for displaced workers, single parents, or buyers transitioning out of substandard / unaffordable housing. NWWVT counselor confirms at intake. 关于信用，该项目说明：640 minimum FICO. NWWVT works with borrowers to credit-improve through counseling if needed. 须参加购房者教育课程，由NWWVT mandatory in-house homebuyer education + one-on-one counseling (HUD-approved). Shared-equity-specific orientation also required to ensure buyer understands resale formula and perpetual restriction.提供。 居住要求：Property must be located within NWWVT's Western Vermont service area: Rutland, Bennington, Addison, Windsor, Windham counties. Owner-occupied primary residence in PERPETUITY (perpetual covenant runs with the land). 公民身份或移民身份：U.S. citizen, permanent resident, or qualifying non-permanent resident alien per first-mortgage product overlays. MUST AGREE TO PERPETUAL DEED RESTRICTION: Buyer signs a covenant (recorded on title, runs with the land in perpetuity) that controls resale price via the 25% seller / 75% program appreciation-share formula. NWWVT retains right of first refusal at resale and approves all subsequent buyers. Pre-purchase homebuyer education AND mandatory shared-equity-program-specific orientation required. One-on-one counseling required. Owner-occupied primary residence (no investor / second-home use ever - perpetual). Property must be located in NWWVT service area (Rutland, Bennington, Addison, Windsor, Windham counties). Income at or below 120% AMI ($86,000 1-person up to $162,200 larger household / higher-cost county). 640 minimum FICO. Maximum 45% DTI. Maximum purchase price $275,500 (smaller / lower-cost) to $426,000 (4+ bedroom / higher-cost). First-time homebuyer typically required. Buyer agrees to maintain property per NWWVT property-standards covenant.

Shared Equity 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。 Income limits up to approximately 120% AMI per HUD income tables for the applicable Vermont county and household size. Range: approximately $86,000 (1-person, lower-cost county) to $162,200 (8-person household, higher-cost county). NWWVT verifies at application using prior-year tax returns and current pay documentation. 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。

Shared Equity Program将房价上限设为$426,000。 符合条件的房屋类型包括Single-family detached, condominium, townhouse, manufactured home on permanent foundation, and other ownership unit types in NWWVT's shared-equity portfolio. New construction also developed by NWWVT in partnership with Vermont developers. 新建房屋符合条件。 预制房屋符合条件。

Shared Equity 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。

Shared Equity Program服务于在Multiple，Vermont购房的购房者。 该项目针对特定区域：NWWVT service area: Rutland County, Bennington County, Addison County, plus portions of Windsor and Windham counties in Western Vermont. Specific homes are added to the shared-equity portfolio as NWWVT acquires / develops them - inventory is limited and geographically distributed across the service area.

Shared Equity 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Application via NWWVT shared-equity intake process. Limited inventory - NWWVT maintains a waitlist and matches qualified buyers with available homes as they become available. (802) 438-2303 / sharedequity@nwwvt.org.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。