Down Payment Assistance - 7 Years

Down Payment Assistance - 7 Years是面向Charleston，West Virginia购房者的可免除贷款。 HOC's mid-credit (600-699 FICO) DPA tier - $10,000 deferred 0% forgivable second over 7 years. Charleston-area (Kanawha/Putnam/Boone/Clay). Homeownership Center, Inc (HOC) Down Payment Assistance - 7 Years product provides a deferred 0% forgivable second mortgage up to $10,000 for down payment and closing-cost assistance to first-time homebuyers with mid-range credit (600-699 FICO) in HOC's Charleston-area service region (Kanawha, Putnam, Boone, Clay, and adjacent counties). Forgiven over 7 years of continuous owner-occupancy (~14.3% per year). No monthly payment. If borrower sells/refinances/vacates within 7 years, unforgiven balance is due. Income range $110,650 (1p) - $136,050 (8p) reflects HOC's WVHDF-aligned moderate-income workforce target. Funded via partnerships with WVHDF, employer match, and private donor sources. Pairs with WVHDF Movin' Up / HOME-MAP first or any conventional/FHA/VA/USDA first. HOC homebuyer education and 1-on-1 counseling required. 资金来自State、Private和Employer。

Down Payment Assistance - 7 Years在7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：0% deferred forgivable second mortgage. Forgiven ~14.3% per year over 7 years of continuous owner-occupancy. Unforgiven balance due in full on sale, refinance, transfer, or non-owner-occupancy during 7-year period. No monthly payment. 该援助以2nd Lien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 - 7 Years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 typical but HOC may waive on case-by-case basis for displaced homemakers, single parents, or qualifying veterans. 关于信用，该项目说明：600 minimum FICO; tier serves borrowers with 600-699 FICO. Borrowers with 700+ FICO directed to the 10-year tier. 须参加购房者教育课程，由Homeownership Center Inc (HOC) - HUD-approved housing counseling agency. In-house education and 1-on-1 counseling required.提供。 居住要求：Property must be located in HOC's Charleston-area service region (Kanawha, Putnam, Boone, Clay, and adjacent counties). 公民身份或移民身份：U.S. citizen or qualifying lawful permanent resident. First-time homebuyer typical (HOC may waive case-by-case). Property must be located in HOC's Charleston-area service region. Owner-occupied primary residence. 600-699 FICO range. Maximum 45% DTI. HOC homebuyer education + 1-on-1 counseling required (typically more intensive for this tier). Minimum borrower contribution of $1,000 from own funds.

Down Payment Assistance - 7 Years将家庭收入限制在$136,050。 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 - 7 Years的房价上限如下：No HOC-specific purchase price ceiling published; defers to first-mortgage product limits (e.g., WVHDF $300,000 statewide / $350,000 targeted; FHA county limits; conventional conforming). 符合条件的房屋类型包括Single-family detached, condominium, townhouse, PUD. Per first-mortgage overlays. 新建房屋符合条件。 预制房屋符合条件。

Down Payment Assistance - 7 Years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。

Down Payment Assistance - 7 Years服务于在Charleston，West Virginia购房的购房者。

Down Payment Assistance - 7 Years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Direct intake with HOC. First-come, first-served subject to funding availability.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。