{"id":353,"date":"2015-07-24T19:53:15","date_gmt":"2015-07-24T19:53:15","guid":{"rendered":"http:\/\/www.opalclt.org\/?page_id=353"},"modified":"2025-05-14T13:48:06","modified_gmt":"2025-05-14T20:48:06","slug":"are-you-eligible","status":"publish","type":"page","link":"https:\/\/www.opalclt.org\/es\/buy-your-home\/are-you-eligible\/","title":{"rendered":"\u00bfEres elegible?"},"content":{"rendered":"
<\/div>\n\n\n

How to Qualify for an OPAL Home<\/h1>\n

\"gardening<\/a>1. Ingreso elegible. <\/i><\/h2>\n

To be eligible to purchase an OPAL home your gross household income is $165,000 or less<\/strong> annually.<\/p>\n

Each OPAL home uses different funding sources to make it affordable, therefore there are different income requirements depending on which home you purchase. The majority of our homes are limited to those earning 80% of Area Median Income (AMI) or less for San Juan County. A limited number of homes are also available to those earning up to 115% AMI, and to those earning up to $162,000. (See charts below for AMI amounts.)<\/p>\n

80% of Area Median Income (AMI) is:<\/strong><\/p>\n\n\n\n\n
\n
Tama\u00f1o del hogar<\/h6>\n<\/td>\n
\n
1<\/b><\/h6>\n<\/td>\n
\n
2<\/b><\/h6>\n<\/td>\n
\n
3<\/b><\/h6>\n<\/td>\n
\n
4<\/b><\/h6>\n<\/td>\n
\n
5<\/b><\/h6>\n<\/td>\n<\/tr>\n
\n
Ingreso<\/h6>\n<\/td>\n
\n
$62,100<\/h6>\n<\/td>\n
\n
$70,950<\/h6>\n<\/td>\n
\n
$79,800<\/h6>\n<\/td>\n
\n
$88,650<\/h6>\n<\/td>\n
\n
$95,750<\/h6>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

115% of Area Median Income (AMI) is:<\/strong><\/p>\n\n\n\n\n
\n
Tama\u00f1o del hogar<\/h6>\n<\/td>\n
\n
1<\/b><\/h6>\n<\/td>\n
\n
2<\/b><\/h6>\n<\/td>\n
\n
3<\/b><\/h6>\n<\/td>\n
\n
4<\/b><\/h6>\n<\/td>\n
\n
5<\/b><\/h6>\n<\/td>\n<\/tr>\n
\n
Ingreso<\/h6>\n<\/td>\n
\n
$89,240<\/h6>\n<\/td>\n
\n
$101,890<\/h6>\n<\/td>\n
\n
$114,770<\/h6>\n<\/td>\n
\n
$127,420<\/h6>\n<\/td>\n
\n
$137,655<\/h6>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

HUD 2025<\/strong><\/p>\n

2. Un residente del condado de San Juan.<\/h2>\n

You must be a resident and you must have lived in San Juan County for at least one year preceding the date of application or be employed by or have an employment contract with a San Juan County employer. In order to qualify for a mortgage, you will need to demonstrate that you can earn a living on island.<\/p>\n

\"working<\/a>3. Activo elegible.<\/h2>\n

You must have a minimum of $1,000 in personal assets to qualify to purchase an OPAL home. This includes all checking, savings and investment accounts. Retirement assets include any funds in an IRS designated retirement account such as a 401(K), 403(b) or IRA. Additionally, please note that you cannot buy an OPAL home if you already own a house property.<\/p>\n

Your total assets may not exceed the following amounts:<\/p>\n

Asset Limits<\/strong> (under 62 years of age):<\/p>\n

Personal Net Assets – $301,000<\/p>\n

Retirement Assets – $451,000<\/p>\n

Asset Limits<\/strong> (62+ years of age):<\/p>\n

Total Personal and Retirement Assets – $752,000<\/p>\n

4. Capaz de calificar para una hipoteca aprobada.<\/h2>\n

You need to be able to qualify for an approved mortgage to purchase your home or have adequate assets to purchase it outright. This includes:<\/p>\n