Utah Housing Down Payment Assistance Second Mortgage

Utah Housing Down Payment Assistance Second Mortgage é uma segunda hipoteca para compradores de imóveis em Utah, administrado por 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. Os recursos vêm de Utah Housing Corporation (state HFA; UHC originates, purchases, and services both first and second mortgages).

Utah Housing Down Payment Assistance Second Mortgage oferece até $27,500 de ajuda. Faixas de ajuda: 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. O programa pode ser combinado com UHC FirstHome / FHA-VA / Freddie Mac HFA Advantage first mortgages; SB240 New Construction assistance (3rd lien). Os valores são os máximos publicados pelo programa, não uma oferta — Utah Housing Corporation (UHC) define qualquer ajuda individual.

Utah Housing Down Payment Assistance Second Mortgage é uma segunda hipoteca e é reembolsado nas condições definidas por Utah Housing Corporation (UHC). O reembolso é acionado 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). A ajuda é registrada como ônus em posição Second (subordinate to the UHC first mortgage). As condições de perdão e reembolso são definidas pelo programa e podem mudar — confirme-as na página oficial do programa antes de se inscrever.

Utah Housing Down Payment Assistance Second Mortgage é aberto a compradores de imóveis que vão morar no imóvel como residência principal. Sobre crédito, o programa afirma: Governed by accompanying first mortgage: 660 FirstHome, 620 FHA/VA, 680 Freddie Mac HFA Advantage. Requisito de residência: 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 a renda familiar a $162,500. O limite vale para a renda total da família, não só a do mutuário. Os valores da renda mediana da região são publicados pelo HUD e atualizados todo ano, então confira a tabela atual do condado antes de se basear em um número.

Utah Housing Down Payment Assistance Second Mortgage limita o preço de compra a $772,400. Os tipos de imóvel elegíveis incluem Single-Family (detached), Condominium, PUD e Two-unit owner-occupied (FHA/VA and Freddie Mac only). Construções novas são elegíveis. Casas pré-fabricadas são elegíveis.

Utah Housing Down Payment Assistance Second Mortgage atende compradores de imóveis que compram em qualquer lugar de Utah.

As inscrições para Utah Housing Down Payment Assistance Second Mortgage são feitas por meio de Utah Housing Corporation (UHC), que publica as condições atuais e as etapas da inscrição no próprio site. Os recursos são reservados por meio de Reserved by a UHC-approved Participating Lender via UHC PowerLender portal at first-mortgage rate lock. A Hey Prescott não é uma credora e não aceita inscrições; esta página descreve o programa para que um comprador de imóvel possa levá-lo a um credor ou a um conselheiro habitacional.