Buyer Purchase Incentives & New Loan Products
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Now Available - Utah Housing Conventional Loan Product with no MI A new Fannie Mae loan product that is exclusive to housing agencies, including Utah Housing Corporation. The new product, a Conventional 30-year xed rate mortgage with NO MORTGAGE INSURANCE, is an excellent alternative to FHA nancing for qualied home buyers. We anticipate that this product will be available by mid-August, 2013. Please note that the product highlights listed below are tentative and subject to change. We will keep you posted on any new developments. Product Highlights:
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Jumbo loan products available with only 15% down and no Mortgage Insurance with Ultra competitive rates.
Clearfield City
Grants up to $3,000 are currently available on a first-come basis for income qualified first time home buyers. Grants can be applied to 50% of the required down payment and closing costs, with a minimum of $1,000 required of the buyer. Purchase price cannot exceed $250,000.
Layton City down payment grants are available directly through Layton City’s Economic Development department.
Grants up to $3,000 are currently available on a first-come basis for income qualified first time home buyers. Grants can be applied to 50% of the required down payment and closing costs, with a minimum of $1,000 required of the buyer. Purchase price cannot exceed $250,000.
Layton City down payment grants are available directly through Layton City’s Economic Development department.
