Layton City Grant Eligible applicants will receive $10,000 in home buyer grant money that may be used towards down payment, closing costs or principal reduction.
The Weber County Grant program will offer up to $5,000 in down payment assistance to first time buyers.
Ogden City first time buyer program called Own in Ogden is a grant program that will offer $10,000 to first time buyers, $15,000 to k-12 teachers and $20,000 to Fire Fighters in down payment assistance grant if buying in Ogden city.
The Chenoa Fund allows up to 3.5% of the purchase price on 1-2 units. Three programs available from Grant/Gift, Forgivable Second or Repayable Second. The repayable second has no income restrictions.
Utah Housing Corporation Loan allows between 4%-6% of the purchase price as down payment assistance. Choose from FirstHome, HomeAgain, Score & NoMI.
The Rural Housing program is a great 100% financing program and is available in most of this county.
April 5, 2017 | Comments Off on $40,000 Grant for Provo Utah First Time Buyers Program
Provo, Utah $10,000 first time home buyers programs. Home Purchase Plus is a down payment assistance program that was recently introduced to help all of Provo City increase the amount of new and first time home buyers. Read More
Although, the Utah rural housing program is technically not a down payment assistance program it is an excellent way to get into a home without a down payment. This program assists low and moderate income households the opportunity to own their own home with 100% financing to those that qualify. It is also called the USDA Guaranteed loan program and a is a Federal program offered through the United State Department of Agriculture. When calculating payments you must include an “annual fee” that is charged monthly, however the annual fee is usually less than most mortgage insurance payments. Utah USDA
If you are a Utah first time home buyer looking to buy a home in West Valley City Utah a $14,999 government grant program can help make buying a home a little easier. The West Valley Down Payment Assistance Program (DAP) offers funds to help low to moderate income families realize their dream of owning a home. The funds are provided by HOME funds and the CDBG and may be used for down payment and/or closing costs. This West Valley grant does not have to be repaid so long as the homeowner resides in the home for at least five
The Utah based Chenoa fund homebuyer program offers a forgivable soft second grant option. The Chenoa Fund forgivable soft second grant program also allows for 3.5% or 5% of the purchase price to be used towards your down payment on an FHA first mortgage loan. The forgivable soft second will be treated and recorded as a second mortgage with no interest or monthly payments. If you keep your home and make on time payments for a minimum of three years the Soft Second will be forgiven. Qualification & Highlights:* Purchase loans only Must qualify for an FHA loan 3.5% of
Own in Ogden First $10,000 Time Buyer Grant ProgramWeber County, first time buyers program in conjunction with the Community Development Block Grant Program, has been given government grant money for first time homebuyers looking to buy a home in Weber County. Eligible applicants are provided with Weber County Grant Money funds that can be used for closing costs and/or down payment towards a home. The offered assistance in the amount of $5,000 is secured as a lien against the property for five (5) years, after five (5) years all $5,000 will be forgiven. Qualifications & Requirements: Buyer must provide a
***This program has been discontinued try the Chenoa forgivable soft second or the Chenoa repayable second*** The Utah based Chenoa Fund Grant is the favorite program available for most Utah home buyers. With this grant it does not matter if you are a first time buyer or have owned a home before. The grant will be completely forgiven shortly after closing. You are virtually receiving instant equity in your home. All programs with the Chenoa Fund Grant will require a homebuyer to qualify for an FHA first mortgage. When a home buyer is ready for closing they are able to
The Utah Housing HomeAgain Loan can be used by first time homebuyers or buyers that have previously owned a home. It allows for 2+ units as long as one is owner occupied. It is a great mortgage for anyone who does not have or does not want to put an initial down payment on a home. The DPA portion allows for up to 6% of the FHA first mortgage loan in the form of a fixed rate second lien to go towards down payment and/or closing costs. Qualification and Requirements:* Must qualify for an FHA loan Minimum of 660 mid