YourHomeUtah.com

Here are the facts concerning Utah's $6,000 New Housing Grant

• To be used for the purchase of new construction or never occupied properties.
• $6,000 Grant - No Repay Required
• Only for Owner Occupied Transactions
• No First-Time Homebuyer Requirement
• $6,000 can be applied towards down payment, closing costs, rate buydown or principle reduction.
• May use any Mortgage Lender.
• Loan Types: Conventional, FHA, VA, Rural and Utah Housing - 30yr fixed terms only.
• To request grant, loan must be approved by underwriter.
• State fund: $10,000,000 (approx 1800 borrowers).
• Subject to Utah Housing Income Limits and Max Loan Limits (per county).
• Applicant can not make more than $75,000 single, $150,000 married.

If you have any questions please call (801) 824-5070.