Hurricane City Highlights

• $2,000 towards closing costs
• Buyers must not have previously owned a home (i.e. within 3 years prior to closing)
• Buyers must use a USDA 30-year or longer fixed rate loan (Rural Housing Guaranteed or Direct Lending program) to acquire the home
• Home buyers must occupy the subject property as their primary, permanent residence
• The property must not have been previously occupied, must be permanently fixed to a foundation, and must be located within Hurricane City limits

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

St George Highlights

• Up to $6,000 loan at 0% interest
• Must be repaid when the home is sold refinanced within the first 10 years
• Must meet income limits (see St George on chart here)
• For first-time homebuyers only

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Ogden Highlights

• $3,000 - $5,000 (depending on neighborhood) loan at 0% interest
• Income qualified, sworn Ogden City Police Officers and Ogden City Fire Fighters can receive a $10,000 loan when buying their primary residence within the overall target area.
• Must meet income limits (see Ogden on chart here)
• The initial purchase price of the property cannot exceed $263,388 for single unit

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Unincorporated Utah County Highlights

• The maximum loan for a home 29 years or newer is $5,000 and the maximum amount for a home older than 30 years is $10,000.
•  0% interest, deferred loan. No payment is due as long as the applicants continue to own and live in the home as their primary residence.
• Balance is due upon sale or when property ceases to be owner occupied.
• You must be able to put down $1000 of your own money.
• Must meet income limits (see Utah County on chart here)
• For first-time homebuyers only

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Springville Highlights

• The maximum loan for a home 29 years or newer is $5,000 and the maximum amount for a home older than 30 years is $10,000.
•  0% interest, deferred loan. No payment is due as long as the applicants continue to own and live in the home as their primary residence.
• Balance is due upon sale or when property ceases to be owner occupied.
• You must be able to put down $1000 of your own money.
• Must meet income limits (see Utah County on chart here)
• For first-time homebuyers only

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Spanish Fork Highlights

• The maximum loan for a home 29 years or newer is $5,000 and the maximum amount for a home older than 30 years is $10,000.
•  0% interest, deferred loan. No payment is due as long as the applicants continue to own and live in the home as their primary residence.
• Balance is due upon sale or when property ceases to be owner occupied.
• You must be able to put down $1000 of your own money.
• Must meet income limits (see Utah County on chart here)
• For first-time homebuyers only

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Pleasant Grove

• The maximum loan for a home 29 years or newer is $5,000 and the maximum amount for a home older than 30 years is $10,000.
•  0% interest, deferred loan. No payment is due as long as the applicants continue to own and live in the home as their primary residence.
• Balance is due upon sale or when property ceases to be owner occupied.
• You must be able to put down $1000 of your own money.
• Must meet income limits (see Utah County on chart here)
• For first-time homebuyers only

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Payson Highlights

• The maximum loan for a home 29 years or newer is $5,000 and the maximum amount for a home older than 30 years is $10,000.
•  0% interest, deferred loan. No payment is due as long as the applicants continue to own and live in the home as their primary residence.
• Balance is due upon sale or when property ceases to be owner occupied.
• You must be able to put down $1000 of your own money.
• Must meet income limits (see Utah County on chart here)
• For first-time homebuyers only

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him. 

Orem Highlights

• The maximum loan for a home 29 years or newer is $5,000 and the maximum amount for a home older than 30 years is $10,000.
•  0% interest, deferred loan. No payment is due as long as the applicants continue to own and live in the home as their primary residence.
• Balance is due upon sale or when property ceases to be owner occupied.
• You must be able to put down $1000 of your own money.
• Must meet income limits (see Utah County on chart here)
• For first-time homebuyers only

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him. 

Lindon Highlights

• The maximum loan for a home 29 years or newer is $5,000 and the maximum amount for a home older than 30 years is $10,000.
•  0% interest, deferred loan. No payment is due as long as the applicants continue to own and live in the home as their primary residence.
• Balance is due upon sale or when property ceases to be owner occupied.
• You must be able to put down $1000 of your own money.
• Must meet income limits (see Utah County on chart here)
• For first-time homebuyers only

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him. 

Lehi Highlights

• The maximum loan for a home 29 years or newer is $5,000 and the maximum amount for a home older than 30 years is $10,000.
•  0% interest, deferred loan. No payment is due as long as the applicants continue to own and live in the home as their primary residence.
• Balance is due upon sale or when property ceases to be owner occupied.
• You must be able to put down $1000 of your own money.
• Must meet income limits (see Utah County on chart here)
• For first-time homebuyers only

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him. 

Provo City - Own in Provo Highlights

• up to $10,000 for down-payment assistance in the five Pioneer Neighborhoods
• Loans are 0% with deferred payments
• Must be over income limits for Utah county (see chart here)
• Requires a 15-year Owner Occupancy Restrictive Covenant to be signed
• Must attend Pre Home-Ownership Counseling Class

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Provo City - Home Purchase Plus Highlights

• up to $20,000 for down-payment assistance in the five Pioneer Neighborhoods and the Central Business District. $10,000 is available in all other areas of Provo.
• Loans are 0% with deferred payments
• Must be under income limits for Utah county (see chart here)
• Requires a 15-year Owner Occupancy Restrictive Covenant to be signed
• Must attend Pre Home-Ownership Counseling Class

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

West Jordan Highlights

• up to $5,000 loan (This is a down payment matching loan, to be forgiven at a rate of 20% per year)
• Must meet income requirements for Salt Lake County (see chart here)
• You may not currently own a home
• You must contribute $2,000 of your own funds
• Max purchase price of $180,000
• Housing ratio max 35%, Total Debt Ratio max 45%
• Must complete a Homebuyers class

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

West Valley Highlights

• $5,000 Grant
• Must meet income requirements for Salt Lake County (see chart here)
• For first-time homebuyers only
• You must contribute $2,000 of your own funds prior to closing (i.e., earnest money)
• Max purchase price of $180,000
• Must complete a First Time Home Buyer finance and budgeting class

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Salt Lake City Highlights

• Loan/grant for 6% up to $10,000
• Must meet income requirements for Salt Lake County (see chart here).
• For first-time homebuyers only
• You must bring $500 of your own funds to the table
• Max purchase price of $230,000

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Murray Highlights

• Minimum $5,000 grant up to $7,500
• Grant to be pain in full when the home is sold, up to 50% may be forgiven after 15 years
• Must meet income requirements for Salt Lake County (see chart here).
• For first-time homebuyers only
• You must bring $500 of your own funds to the table
• Max purchase price of $230,000

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Taylorsville Highlights

• $5,000 Grant, to be forgiven after five years (restrictions apply)
• Must meet income requirements for Salt Lake County (see chart here)
• For first-time homebuyers only
• You must bring $500 of your own funds to the table
• Max purchase price of $230,000

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Salt Lake County Highlights

• Loan/grant for 6% up to $10,000
• Must meet income requirements for Salt Lake County (see chart here).
• For first-time homebuyers only
• You must bring $500 of your own funds to the table
• Max purchase price of $230,000

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Magna Highlights

• Loan/grant for 6% up to $10,000
• Must meet income requirements for Salt Lake County (see chart here).
• For first-time homebuyers only
• You must bring $500 of your own funds to the table
• Max purchase price of $230,000

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Kearns Highlights

• Loan/grant for 6% up to $10,000
• Must meet income requirements for Salt Lake County (see chart here).
• For first-time homebuyers only
• You must bring $500 of your own funds to the table
• Max purchase price of $230,000

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Sandy CDCU Highlights

• Loan/Grant for up 6% not to exceed $10,000
• For first-time homebuyers only
• Must be within the income limits, see chart here
• Applicants will must contribute $500
• Completion of a HUD certified Home-buyer Certification Course
• The grant must be repaid if the home is sold, refinance, or other title change occurs

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Clearfield City Highlights

• Funds are match on a 3 to1 basis, so if you provide $1,000 they will provide $3,000 (up to a maximum of $5,000).
• You must contribute $500 of your own funds.
• The loan is forgiven at a rate of 10% a year for six years, after the seventh year of residency the remaining 40% is forgiven.
• Available for fixed rate FHA, VA, or conventional loans only.
• Must meet income requirements, see income chart here.

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Davis County

• $2,000 loan that must be paid off when the home is sold, a second mortgage is obtain, or if the home is refinanced.
• For first-time homebuyers only.
• Must contribute $500 of your own money.
• Must meet the income limits for Davis County

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Own in Logan Highlights

• Loan/Grant of $7,500 – loan becomes a grant after ten years
• For first-time homebuyers only
• Household Income must be 80% below HUD’s medium income guidelines for Cache Co, see chart here.
• The borrower's house payment cannot exceed 38% of their gross monthly income. Total monthly debt payment (including house payment) cannot exceed 41% of their gross monthly income.
• Must attend a HUD homeownership workshop
• $500 of own funds (can be gifted) must be used toward down payment or closing costs

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

Own in Sandy Highlights

• Loan/Grant of $5,000 – loan becomes a grant after three years
• Household income limits

Persons in Household	Maximum Income
1	$50,402
2	$62,404
3	$71,375
4	$81,000
5	$90,350
6	$97,235
7	$97,236
8	$97,235

• Max Purchase price $305,000
• Only fixed rate loans allowed

As with all loans further restrictions, limitations, and the ability to qualify apply.  To find out more and to see if you qualify call your local expert Dan Davidson at 801-560-2333 or email him.

First-Time Homebuyer Definition

HUD defines a first-time homebuyers as:

	An individual who has had no ownership in a principal residence during the 3-year period ending on the date of purchase of the property. This includes a spouse (if either meets the above test, they are considered first-time homebuyers.
	A single parent who has only owned with a former spouse while married.
	An individual who is a displaced homemaker and has only owned with a spouse.
	An individual who has only owned a principal residence not permanently affixed to a permanent foundation in accordance with applicable regulations.
	An individual who has only owned a property that was not in compliance with State, local or model building codes and which cannot be brought into compliance for less than the cost of constructing a permanent structure.

HUD Income Chart

80% of 2012 HUD Median Income 

Chart by County

County	Median	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Beaver	$49,300	$20,150	$23,000	$25,900	$28,750	$31,050	$33,350	$35,650	$37,950
Box Elder	$63,600	$22,300	$25,450	$28,650	$31,800	$34,350	$36,900	$39,450	$42,000
Cache	$57,300	$20,150	$23,000	$25,900	$28,750	$31,050	$33,350	$35,650	$37,950
Carbon	$53,200	$20,150	$23,000	$25,900	$28,750	$31,050	$33,350	$35,650	$37,950
Daggett	$61,500	$20,450	$23,400	$26,300	$29,200	$31,550	$33,900	$36,250	$38,550
Davis	$71,500	$25,050	$28,600	$32,200	$35,750	$38,650	$41,500	$44,350	$47,200
Duchesne	$58,400	$20,450	$23,350	$26,250	$29,150	$31,500	$33,850	$36,150	$38,500
Emery	$57,900	$20,300	$23,200	$26,100	$28,950	$31,300	$33,600	$35,900	$38,250
Garfield	$59,400	$20,450	$23,350	$26,250	$29,150	$31,500	$33,850	$36,150	$38,500
Grand	$53,600	$20,150	$23,000	$25,900	$28,750	$31,050	$33,350	$35,650	$37,950
Iron	$48,700	$20,150	$23,000	$25,900	$28,750	$31,050	$33,350	$35,650	$37,950
Juab	$67,100	$23,500	$26,850	$30,200	$33,550	$36,250	$38,950	$41,650	$44,300
Kane	$50,600	$20,150	$23,000	$25,900	$28,750	$31,050	$33,350	$35,650	$37,950
Millard	$56,800	$20,150	$23,000	$25,900	$28,750	$31,050	$33,350	$35,650	$37,950
Morgan	$71,500	$25,050	$28,600	$32,200	$35,750	$38,650	$41,500	$44,350	$47,200
Piute	$44,100	$20,150	$23,000	$25,900	$28,750	$31,050	$33,350	$35,650	$37,950
Rich	$55,500	$20,150	$23,000	$25,900	$28,750	$31,050	$33,350	$35,650	$37,950
Salt Lake	$71,300	$25,000	$28,550	$32,100	$35,650	$38,550	$41,400	$44,250	$47,100
San Juan	$46,200	$20,150	$23,000	$25,900	$28,750	$31,050	$33,350	$35,650	$37,950
Sanpete	$51,900	$20,150	$23,000	$25,900	$28,750	$31,050	$33,350	$35,650	$37,950
Sevier	$54,300	$20,150	$23,000	$25,900	$28,750	$31,050	$33,350	$35,650	$37,950
Summit	$100,300	$35,150	$40,150	$45,150	$50,150	$54,200	$58,200	$62,200	$66,200
Tooele	$68,900	$24,150	$27,600	$31,050	$34,450	$37,250	$40,000	$42,750	$45,500
Uintah	$70,400	$21,350	$24,400	$27,450	$30,500	$32,950	$35,400	$37,850	$40,300
Utah	$67,100	$23,500	$26,850	$30,200	$33,550	$36,250	$38,950	$41,650	$44,300
Wasatch	$72,900	$25,550	$29,200	$32,850	$36,450	$39,400	$42,300	$45,200	$48,150
Washington	$57,100	$20,150	$23,000	$25,900	$28,750	$31,050	$33,350	$35,650	$37,950
Wayne	$52,600	$20,150	$23,000	$25,900	$28,750	$31,050	$33,350	$35,650	$37,950
Weber	$71,500	$25,050	$28,600	$32,200	$35,750	$38,650	$41,500	$44,350	$47,200