Down Payment Assistance for Utah Home Buyers
Looking for a Buy a Home Using Down Payment Assistance? We Can Help.
Are you dreaming of buying your own home in Utah but struggling to save enough for a down payment?
You’re not alone. Many Utah home buyers face the same challenge of coming up with thousands of dollars for a down payment. But don’t let that stop you from achieving your homeownership goals. There is a solution: down payment assistance. Down payment assistance is a program that provides grants or loans to help you cover some or all of your down payment and closing costs. With down payment assistance, you can buy a home sooner, with less money out of pocket, and with lower monthly payments.
How Does Down Payment Assistance Work?
Down payment assistance programs are offered by various organizations, such as state and local governments, non-profits, and lenders.
Each program has its own eligibility requirements, benefits, and terms. Some common factors that may affect your eligibility are:
- Your income and household size
- Your credit score and history
- The type and location of the home you want to buy
- The amount of the loan you need
- The type of mortgage you qualify for
Some common benefits and terms of down payment assistance programs are:
- Grants that do not have to be repaid
- Loans that are forgiven after a certain period of time or have low or no interest rates
- Loans that are deferred until you sell, refinance, or pay off your mortgage
- Loans that are repayable on a monthly basis along with your mortgage
How Can We Help You?
We are a local Utah mortgage broker with over 20 years of experience in helping home buyers like you find the best mortgage solutions for their needs.
We work with a network of reputable lenders who offer various down payment assistance programs for Utah home buyers.
We can help you:
- Find out if you qualify for any down payment assistance programs
- Compare different programs and choose the one that suits your situation best
- Apply for the program and get approved quickly
- Close on your home faster and easier
Ready to Get Started?
Don’t let the lack of a down payment hold you back from buying your dream home in Utah.
Contact us today and let us help you find the best down payment assistance program for you.
Fill out the form below to schedule a free consultation with one of our expert mortgage brokers.
Or call us at (801) 627-8888 to speak to us right away.
We look forward to hearing from you and helping you achieve your homeownership goals.
Programs Highlights:
- As low as 620 Credit Score
- Higher Income OK
- You can currently own a home
- Not Limited to a certain Area
Featured Programs
- 1% Down Conventional
- FHA 100% Financing Loan
- Within Reach Program
We’re licensed Mortgage Professionals, and home to so much more than what big banks offer.
Top 3 ways using a Mortgage Broker can Save You Money.
- Get a Lower Interest Rate.
- Access to Hundreds of Better Programs
- We work for you, not the big bank.
For your next home loan, work with someone who works on your behalf. We’re brokers. We’re Better.
Juli A. Gleed
Mortgage Broker
A home loan specialist with over 25 years of experiance. She can help you find the best loan program that meets your needs.
