City of Kenosha HOME Homebuyer Purchase Assistance

City of Kenosha HOME Homebuyer Purchase Assistance是面向Kenosha，Wisconsin购房者的延期第二贷款，由City of Kenosha, Department of City Development - Community Development Division管理。 HUD HOME-funded program for income-eligible buyers purchasing a home within the City of Kenosha. The City offers a deferred second mortgage covering the financing gap, up to 17% of the purchase price, plus a separate Down Payment Assistance Grant and Closing Cost Assistance Grant. The second mortgage is a deferred-payment loan at 0% interest for the first 10 years, then converts to monthly payments at 3% interest for the next 20 years. Separately, a VA-loan DPA grant of up to $5,000 is available to eligible VA borrowers. Deferred second mortgage up to 17% of purchase price (0% for 10 yrs, then 3%); Down Payment Assistance Grant; Closing Cost Assistance Grant up to 3% of purchase price; up to $5,000 DPA grant for VA borrowers. 资金来自HUD HOME Investment Partnerships Program。

City of Kenosha HOME Homebuyer Purchase Assistance按项目规定，提供相当于房价17%的援助。 该项目可与其他援助结合使用，但须遵守各项目的规定。 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City of Kenosha, Department of City Development - Community Development Division决定。

City of Kenosha HOME Homebuyer Purchase Assistance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。 触发还款的情形：sale, transfer, or failure to occupy as primary residence within affordability period; recapture upon sale within affordability period。 该援助以second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 Kenosha HOME Homebuyer Purchase Assistance面向将房屋作为主要住所自住的购房者。 须参加购房者教育课程。 Buyer must provide a 3% down payment at closing and contribute at least 25% of the required down payment amount or $1,000 (whichever is greater) toward a DPA grant. Cannot own any other residential property at closing. Must be US citizen or qualified alien. Deed restriction requiring single-family owner-occupancy. Affordability period 5-15 years based on subsidy amount. Front-end DTI generally <=30%, back-end <=45%. VA DPA grant forgiven over 5 years (20%/yr). Closing cost grant and DPA grant repaid in full if homeowner leaves before 5 years, less 20% reduction per year resided.

City of Kenosha HOME Homebuyer Purchase Assistance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。 Total annual household income cannot exceed 80% of Kenosha County area median income by family size (HUD); income determined from IRS Form 1040 adjusted gross income. 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 Kenosha HOME Homebuyer Purchase Assistance服务于在Kenosha，Wisconsin购房的购房者。

City of Kenosha HOME Homebuyer Purchase Assistance的申请通过City of Kenosha, Department of City Development - Community Development Division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。