Available Grant Ready Homes
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This is the place to find out about all of the home buying Grants and Down Payment Assistance programs in Utah. There are special No Money Down and First Time Homes Buyer programs available. A first time home buyer is any buyer that has not owned a home in the last 3 years. So even if you have owned a home in the past you could still qualify for a Utah home with these great programs! |
How Grant Money WorksThere are many City and State Housing Grants available across the State for you to use to help assist you with the down payment on a home. Some are given to help assist you qualify for a mortgage by giving you the down payment money you need in order to qualify. Others are given to help you rehabilitate a home in a government sponsored revitalization area. These programs help to keep areas from becoming blighted and keep real estate values stable. The benefit to the local cities is that the areas stay nice and increase their tax base through property and sales tax from the owners.
Grants and Down Payment Assistance Programs come in many different shapes and sizes. Some you have to pay back, with minimum payments as low as $50.00 per month, and some don't have any pay back as long as you stay in the home for a certain period of time, or sell the property. Some have maximum income requirements, while others don't. There are sometimes restrictions on property types and have specific zones in an area where they qualify. GetUtahGrants.com specializes in helping home buyers find grants and down payment assistance programs to fit their purchasing needs. Even if you have money to put towards a down payment you can still qualify for these programs, but funds are limited so apply today! |