Home-Buy the American Dream (HBAD)

Home-Buy the American Dream (HBAD)是面向Madison，Wisconsin购房者的增值共享贷款，由City of Madison Community Development Division (Department of Planning & Community & Economic Development)管理。 Down payment and closing cost assistance for low-to-moderate income first-time homebuyers purchasing a single-family home, condominium, or one-half of a duplex located within the City of Madison. Up to $35,000 in deferred assistance with no interest or monthly payments; applications must be submitted by a participating first-mortgage lender. Deferred loan up to $35,000 (minimum $1,000) for down payment and closing costs; no interest, no monthly payments. 资金来自State of Wisconsin DOA Division of Energy, Housing & Community Resources (DEHCR); federal HUD; City of Madison.

Home-Buy the American Dream (HBAD)提供$1,000至$35,000的援助。 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 Madison Community Development Division (Department of Planning & Community & Economic Development)决定。

Home-Buy the American Dream (HBAD)是增值共享贷款，按City of Madison Community Development Division (Department of Planning & Community & Economic Development)设定的条款偿还。 触发还款的情形：Sale, cash-out refinance for purposes other than property improvements, transfer of the property, or when it ceases to be the borrower's primary residence. 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。

Home-Buy the American Dream (HBAD)面向首次购房者和将房屋作为主要住所自住的购房者。 “首次购房者”通常指过去三年内未拥有房屋，但该项目有自己的定义。 须参加购房者教育课程。 Property must be within the City of Madison (properties outside the city are no longer eligible as of May 1, 2023). Borrower must contribute 1% into the transaction. Maximum CLTV 105%. Maximum ratios 38%/55%; housing-to-income ratio below 25% is ineligible absent an exception. Borrower may not own other property at closing. Liquid assets after closing limited to <12 months PITI (exception possible for households without traditional retirement savings); minimum $50 cash reserves after closing. First mortgage must be at least a 30-year term and escrow taxes and insurance. HQS inspection ordered at City expense; pre-1978 homes also receive a Lead-Based Paint inspection. Repayment equals original loan amount OR original amount plus a proportional share of appreciation based on percentage of assistance, whichever is greater. Cannot be combined with other City-funded DPA (e.g., Movin' Out, Habitat). Funded by State of Wisconsin DEHCR, federal HUD, and the City of Madison.

Home-Buy the American Dream (HBAD)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。 2026 household income limits (subject to annual change): 1=$74,800; 2=$85,450; 3=$96,150; 4=$106,800; 5=$115,350; 6=$123,900; 7=$132,450; 8=$141,000. 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。

Home-Buy the American Dream (HBAD)服务于在Madison，Wisconsin购房的购房者。

Home-Buy the American Dream (HBAD)的申请通过City of Madison Community Development Division (Department of Planning & Community & Economic Development)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。