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Get Pre-Approved and Check Today’s Rates
Utah Housing Down Fee Help Applications
- FirstHome Mortgage — As much as 6% of the mortgage quantity towards down cost and/or closing prices. 660 minimal credit score rating
- HomeAgain Mortgage — As much as 6% of the mortgage quantity towards down cost and/or closing prices. 660 minimal credit score rating
- Rating Mortgage — As much as 4% of the mortgage quantity towards down cost and/or closing prices. 620 minimal credit score rating
Utah Housing is for debtors who haven’t been in a position to save sufficient cash for his or her down cost and shutting prices. It gives a down cost help (DPA) second mortgage of as much as 6% of the primary mortgage mortgage quantity. These funds can be utilized in direction of the down cost and/or closing prices.
The DPA mortgage is an owner-occupied, 30-year fixed-rate second mortgage with an rate of interest 2% greater than the primary mortgage rate of interest. The mortgage is absolutely amortized and isn’t a forgivable grant. DPA mortgage is for use along side an FHA, VA, USDA mortgage, or with a conventional loan.
Necessities
Eligible Properties
- Single-Household houses
- Condos
- PUDs
- Manufactured Houses
Get Pre-Approved and Check Today’s Rates
Statewide and Regional Applications
Cities
- Brigham Metropolis – Habitat for Humanity – (435) 723-7133
- Cedar Metropolis – Habitat for Humanity – (435) 586-3038
- Logan – Habitat for Humanity – (435) 752-8419
- Ogden
- Provo
- Salt Lake Metropolis
- Taylorsville – (801) 963-5400
- West Jordan Metropolis – West Jordan Metropolis Financial Growth – (801) 569-5062
- West Valley City – West Valley Housing Authority – downpayment help program (801) 963-3369
Counties
Getting Began
- Housing counseling agencies – free or low-cost counseling companies for getting, renting, defaults, foreclosures, credit score points and reverse mortgages
- Education – find out about shopping for and sustaining your property
- Predatory lending – beware if you happen to’re shopping for or refinancing your property; don’t turn into a sufferer of unfair lending practices
Shopping for a Dwelling
Proudly owning and Sustaining Your Dwelling
Different Utah Sources
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