Utah Housing Down Payment Assistance Second Mortgage

Utah Housing Down Payment Assistance Second Mortgage è un secondo mutuo per chi compra casa in Utah, gestito da 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. I fondi provengono da Utah Housing Corporation (state HFA; UHC originates, purchases, and services both first and second mortgages).

Utah Housing Down Payment Assistance Second Mortgage offre un aiuto fino a $27,500. Fasce di contributo: 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. Il programma può essere combinato con UHC FirstHome / FHA-VA / Freddie Mac HFA Advantage first mortgages; SB240 New Construction assistance (3rd lien). Gli importi sono i massimi pubblicati dal programma, non un'offerta: è Utah Housing Corporation (UHC) a stabilire l'eventuale importo per ciascuna persona.

Utah Housing Down Payment Assistance Second Mortgage è un secondo mutuo e si restituisce secondo le condizioni fissate da Utah Housing Corporation (UHC). Il rimborso scatta in caso di 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). L'aiuto è iscritto in posizione Second (subordinate to the UHC first mortgage). Le condizioni di condono e di rimborso sono fissate dal programma e possono cambiare: verificale sulla pagina ufficiale del programma prima di fare domanda.

Utah Housing Down Payment Assistance Second Mortgage è aperto a chi compra casa e ci vivrà come residenza principale. Sul credito, il programma afferma: Governed by accompanying first mortgage: 660 FirstHome, 620 FHA/VA, 680 Freddie Mac HFA Advantage. Requisito di residenza: 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 il reddito familiare a $162,500. Il limite si applica al reddito totale del nucleo familiare, non solo a quello del richiedente del mutuo. I dati sul reddito mediano dell'area sono pubblicati da HUD e aggiornati ogni anno, quindi controlla la tabella attuale della contea prima di basarti su una cifra.

Utah Housing Down Payment Assistance Second Mortgage fissa un prezzo di acquisto massimo di $772,400. I tipi di immobile idonei includono Single-Family (detached), Condominium, PUD e Two-unit owner-occupied (FHA/VA and Freddie Mac only). Le nuove costruzioni sono idonee. Le case prefabbricate sono idonee.

Utah Housing Down Payment Assistance Second Mortgage si rivolge a chi compra casa in qualsiasi zona di Utah.

Le domande per Utah Housing Down Payment Assistance Second Mortgage passano da Utah Housing Corporation (UHC), che pubblica sul proprio sito le condizioni attuali e i passaggi per fare domanda. I fondi vengono prenotati tramite Reserved by a UHC-approved Participating Lender via UHC PowerLender portal at first-mortgage rate lock. Hey Prescott non è un istituto di credito e non accetta domande; questa pagina descrive il programma perché chi compra casa possa parlarne con un istituto di credito o un consulente abitativo.