Must be a first-time homebuyer (must not have owned a home within the past 18 months).
Must be primary residence/owner occupied.
Must have completed SAHA approved Pre-Purchase Homebuyer Class.
Must be approved through a mortgage lender for a Federal Housing Administration (FHA), Veterans Affairs (VA), or Conventional mortgage loan.
Must be able to provide at least a 5 percent down payment of the purchase price. While at least 1 percent must be paid from the purchaser’s own funds, down payment assistance can be used for the other 4 percent.
Households incomes must be at or below HUD Annual Income Limits.