For most first-time home buyers, saving up for a down payment is the hardest part. It can take upwards of years to save up a 20% down payment becoming the single biggest hurdle facing home buyers today. First-time home buyer grants are designed to offset some of the purchasing costs for new buyers. They typically cover part of your down payment, closing costs, or sometimes the total purchase price of the home. They do not require repayment, as long as you live in your home for the required amount of time.
Many first-time homebuyer grants are the result of federal funding and these funds are passed on to individual states and municipalities, which then create grant programs for residents within their boundaries. If you’re struggling to save up for a down payment or are looking to lessen the costs of buying a home, a first-time home buyer grant may be able to help.
We find homes in Salt Lake city, Alpine, American Fork, Bingham Canyon, Bountiful, Centerville, Cottonwood Heights, Draper, Farmington, Herriman, Kaysville, Kearns, Lehi, Logan, Magna, Midvale, Millcreek, Morgan, Murray, North Salt Lake, Orem, Pleasant Grove, Provo, Riverton, Roy, Sandy, South JordanWoods Cross, Spanish Fork, West Jordan, and more.
We specialize working with grant programs and lenders to maximize the grant qualification amount and minimize the amount of worries with buying your first home. After contacting us we'll ask a few questions to start the qualification process. Some worry about poor credit scores or existing debt but we'll calculate the numbers and quickly access your qualifications.