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.