Government Grant Money For Home Buyers in Salt Lake City, Utah
Home buyers in Salt Lake City, Utah have the opportunity to buy a home using government grant money for their down payment and even closing costs.
The amount of the government grant for home buyers in Salt Lake City, Utah 6% of your purchase price with a maximum amount of $10,000.
Qualifications for the Salt Lake City, Utah Government grant are:
• Cannot have owned a home in the last 3 years
• Purchase a home located in Salt Lake City
• Provide at least $500 towards of your own money towards the purchase. Complete a housing counseling program (contact me for information on where to take those classes)
• Cannot buy a home that is currenty a rental home
• Complete a first time buyer class (call me for information on the class).
• Household income cannot exceed the following income limit for your family size. Keep in mind that all income in the household (those over the age of 18) will be included in the income calculation.
The Salt Lake City first time home buyer grant becomes a true grant after 15 years. This means that you must live in the home for 15 years or you will have to repay the grant. This is interest free money so even if you end up paying it back it's still a great deal.
Ron Pippin has a list with over 45 Utah Home Buying Government Grants just in Utah! Check with Ron to find out which programs have funding right now and which you may qualify for.
Click here to go back to the Main Government Grants page
Call Ron Pippin "Utah's Mortgage Expert" to learn more, click here to email Ron
10897 S River Front Parkway, Ste 125
South Jordan, UT 84095
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