Do I only have to pay back the HAP Promissory Note amount?

If you refinance with cash out or sell the home, you will be required to pay the HAP Promissory Note. But, if after 15 years you still own, occupy the home, and are in compliance, the loan will be forgiven.

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1. How do I apply to purchase a HAP qualified home?
2. Is credit history important to get approved for a house?
3. What types of properties are eligible?
4. How much down payment does the applicant need to qualify for the program?
5. What are the terms of the HAP loan?
6. Do I only have to pay back the HAP Promissory Note amount?