NSP MAXIMUM INCOME LIMITS
| |
1 Person |
2 Persons |
3 Persons |
4 Persons |
5 Persons |
6 Persons |
7 Persons |
8 Persons |
30%
AMI |
$14,600.00 |
$16,650.00 |
$18,750.00 |
$20,800.00 |
$22,500.00 |
$24,150.00 |
$25,800.00 |
$27,500.00 |
| |
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|
|
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| 50% AMI |
$24,300.00 |
$27,750.00 |
$31,200.00 |
$34,650.00 |
$37,450.00 |
$40,200.00 |
$43,000.00 |
$45,750.00 |
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| 80% AMI |
$38,850.00 |
$44,400.00 |
$49,950.00 |
$55,450.00 |
$59,900.00 |
$64,350.00 |
$68,800.00 |
$73,200.00 |
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| 120% AMI |
$58,200.00 |
$66,550.00 |
$74,850.00 |
$83,150,00 |
$89,800.00 |
$96,450.00 |
$103,100.00 |
$109,750.00 |
HOW TO QUALIFY
You must Have:
1. Stable Income
2. Limited Debt
3. Decent Credit
4. Income Eligible by Family Size
5. Desire to become a Homeowner
Next You Will:
1. Complete the 8 Hours Home Buyer Counseling (from HUD Approved Housing Counselors)
2. Contact one of the preferred NSP Lenders to qualify for a standard home loan and complete loan process
3. Choose a home from Selected NSP Homes
4. Contract to buy a Home
5. Close of the Home
6. CELEBRATE!!!!!!