Utah Housing Down Payment Assistance Second Mortgage

Utah Housing Down Payment Assistance Second Mortgage es una segunda hipoteca para compradores de vivienda en Utah, a cargo de Utah Housing Corporation (UHC). Utah Housing Corporation's Down Payment Assistance Second Mortgage finances all or part of a borrower's down payment and closing costs via a 30-year fixed second mortgage paired with a UHC first mortgage. Two options exist: a Traditional DPA of up to 6% (max $27,500) at 1% above the first-mortgage rate with a required monthly payment, and a Deferred DPA of up to 3.5% (max $27,500) at 3.5% deferred simple interest with no monthly payment. UHC originates and services both loans, enabling many borrowers to buy with little or no cash to close. Finance down payment and closing costs as a second mortgage. Little-to-no cash required at closing. Traditional (6%/$27,500) or no-payment Deferred (3.5%/$27,500) options. One servicer for both mortgages. Works with FHA, VA, and Freddie Mac HFA Advantage UHC first mortgages. Los fondos provienen de Utah Housing Corporation (state HFA; UHC originates, purchases, and services both first and second mortgages).

Utah Housing Down Payment Assistance Second Mortgage ofrece hasta $27,500 de ayuda. Niveles de ayuda: Traditional DPA: up to 6% of first mortgage (max $27,500); 30-yr fixed second at 1% above first mortgage rate (cap 8%, floor=first rate); monthly payment required. Deferred DPA: up to 3.5% (max $27,500); 30-yr fixed 3.5% deferred simple interest; no monthly payment; balance+interest due at maturity/sale/refinance. El programa se puede combinar con UHC FirstHome / FHA-VA / Freddie Mac HFA Advantage first mortgages; SB240 New Construction assistance (3rd lien). Los montos son los máximos publicados por el programa, no una oferta: Utah Housing Corporation (UHC) determina cualquier ayuda individual.

Utah Housing Down Payment Assistance Second Mortgage es una segunda hipoteca y se reembolsa según los términos que fija Utah Housing Corporation (UHC). El reembolso se activa por Traditional DPA: amortizing monthly payments over 30 years (paid concurrently with the first mortgage to UHC). Deferred DPA: outstanding principal and deferred interest due upon maturity, sale, or refinance (no monthly payment). La ayuda se registra con un gravamen en posición Second (subordinate to the UHC first mortgage). Los términos de condonación y reembolso los fija el programa y pueden cambiar; confírmalos en la página oficial del programa antes de presentar la solicitud.

Utah Housing Down Payment Assistance Second Mortgage está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Sobre el crédito, el programa indica: Governed by accompanying first mortgage: 660 FirstHome, 620 FHA/VA, 680 Freddie Mac HFA Advantage. Requisito de residencia: Property must be in Utah and owner-occupied as a primary residence; no portion may be rented under FirstHome. Must qualify for and close a UHC first mortgage; cannot be used with a non-UHC loan. 30-year term both loans. Traditional DPA 1% over first rate (cap 8%); Deferred DPA 3.5% deferred simple interest with balloon at maturity/sale/refinance. EXCLUDED: UHC HomeAgain, NoMI, Score first mortgages are 'Temporarily Suspended' and not currently offered.

Utah Housing Down Payment Assistance Second Mortgage limita el ingreso del hogar a $162,500. El límite se aplica al ingreso total del hogar, no solo al del prestatario. Las cifras del ingreso mediano del área las publica HUD y se actualizan cada año, así que consulta la tabla vigente del condado antes de basarte en una cifra.

Utah Housing Down Payment Assistance Second Mortgage limita el precio de compra a $772,400. Los tipos de propiedad elegibles incluyen Single-Family (detached), Condominium, PUD y Two-unit owner-occupied (FHA/VA and Freddie Mac only). La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

Utah Housing Down Payment Assistance Second Mortgage atiende a compradores de vivienda que compran en cualquier lugar de Utah.

Las solicitudes de Utah Housing Down Payment Assistance Second Mortgage se tramitan a través de Utah Housing Corporation (UHC), que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Reserved by a UHC-approved Participating Lender via UHC PowerLender portal at first-mortgage rate lock. Hey Prescott no es un prestamista y no acepta solicitudes; esta página describe el programa para que un comprador de vivienda pueda llevarlo a un prestamista o a un asesor de vivienda.