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Lly funded loan program that will assist qualified first time home buyers with a maximum loan amount of $3,000 and a minimum of $500, to assist with closing costs or down payment. Home must be a single-family dwelling; meaning a one family residence, condominium unit, cooperative unit, combination of manufactured housing and lot. The home must be located in Tooele County; it is the responsibility of the applicant to select a home in the eligible areas. Applicants must be at or below the applicab.

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How to fill out the Down Payment Assistance Program - Tooele County online

This guide offers step-by-step instructions for completing the Down Payment Assistance Program form for Tooele County online. Designed to assist qualified first-time homebuyers, this comprehensive resource ensures users with varying levels of experience can navigate the process effectively.

Follow the steps to successfully complete the application.

  1. Use the ‘Get Form’ button to access the application form and open it in your preferred online document editor.
  2. Begin filling out the applicant information section. Provide your full name, current address, phone numbers, and email address. Ensure that all details match your official identification.
  3. Enter your social security number and your annual income, ensuring compliance with the income eligibility criteria provided in the program summary.
  4. Disclose demographic information, such as gender and ethnicity, for survey purposes only. This information does not affect your eligibility.
  5. Detail the property address of the home you intend to purchase. Include specific characteristics such as the property type and the year it was built.
  6. Indicate whether you have been pre-qualified for a home loan. This information aids the processing of your application.
  7. Complete the section regarding the down payment amount, ensuring it falls within the allowed range of $500 to $3,000.
  8. Review your application for accuracy and completeness. Ensure all sections are filled out correctly before proceeding.
  9. Save your changes and download a copy of your completed application for your records.
  10. Submit your application along with all required supporting documents as outlined in the checklist, ensuring you follow any additional instructions provided by the Tooele County Housing Authority.

Start filling out your application for the Down Payment Assistance Program online today and take a step closer to homeownership!

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Minimum down payment in Utah: The minimum down payment a borrower may put down on a home in Utah depends on the loan. The down payment can be as low as 0% (USDA and VA loans), 3% (Conventional loans), or 3.5% (FHA loans).

Utah Senate Bill 240 (2023) created the First-time Homebuyers Assistance Program for allocation by Utah Housing Corporation. This bill provides Program funds to assist approximately 2,400 first-time homebuyers to purchase a newly constructed but not yet inhabited home.

This program is for borrowers who have not been able to save enough money for their down payment and closing costs. What are the terms of the DPA Loan? The DPA Second loan is an owner-occupied, 30-year fixed-rate second mortgage with an interest rate of 1% higher than the first mortgage interest rate.

Minimum down payment in Utah: The minimum down payment a borrower may put down on a home in Utah depends on the loan. The down payment can be as low as 0% (USDA and VA loans), 3% (Conventional loans), or 3.5% (FHA loans).

The first one, known as the Down Payment Assistance Program, offers loans and grants to help low- to moderate-income individuals buying their first homes in Midvale City. This program aims to ensure fair access to home ownership and enhance community knowledge about the home buying process.

Settlers Fund provides 3.5% of the purchase price of the home. After 36 on-time payments the entire grant never needs repaid. Details for the Settlers Fund: May be used for home purchase anywhere in Utah County.

First-time homebuyers that meet the Utah Housing Corporation's criteria will receive up to $20,000, interest-free and payment free, to use toward: A down payment. Closing costs and/or.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232