Home Buyer Grants and No-Down Payment Programs for Millard County (Delta, Fillmore, Kanosh, Scipio)

Explore our variety of financial assistance options designed to make homeownership more accessible. Click on any program to apply or click on "Apply Now". No first time home buyer requirement. 3% Grant for down payment up to $15,000. 80% AMI. Silent 2nd that is repayed when you refinance or sale. No payments and no intrest due. Min FICO of 620.

Benefits: Offers 100% financing for homes in designated rural areas of Millard County. Eligibility: Liberal income limits based on household size make this program accessible to a broad range of applicants.

Benefits: No down payment required; includes financing for both the down payment and up to 2.5% of closing costs. Eligibility: Not owned a home in the last three years. Income and property price limits apply; detailed eligibility criteria available upon request. Utah Housing FHA Zero Down Benefits: Minimal down payment facilitated through a secondary financing arrangement. Eligibility: Available to those not qualifying as first-time buyers due to recent homeownership. Income and credit qualifications apply. Conventional Zero Down Benefits: Covers the entire down payment and some closing costs through secondary loans. Eligibility: Income and credit qualifications must be met. Not limited to first-time homebuyers.

Benefits: No down payment required for U.S. military veterans or their eligible dependents. Eligibility: Requires military service with honorable conditions. Property must be the primary residence. These programs are designed to help reduce the financial barriers to homeownership, offering substantial support through grants and flexible financing options. For more information or to begin your application, please contact our office directly. Explore our robust housing assistance programs designed to make homeownership more accessible: 1. Chenoa Fund Assistance Provided: Offers up to 3.5% of the purchase price for 1-2 unit residences. Program Options: Grant/Gift: Direct financial aid that does not require repayment. Forgivable Second: A second mortgage that can be forgiven under certain conditions. Repayable Second: This loan option does not have income restrictions and must be repaid under agreed terms. 2. Utah Housing Corporation Loan Down Payment Assistance: Provides between 4% and 6% of the purchase price as down payment assistance. Available Options: FirstHome: Tailored for first-time homebuyers. HomeAgain: Designed for those re-entering the housing market. Score: Aids buyers with less-than-perfect credit scores. NoMI: Offers reduced mortgage insurance costs, significantly lowering monthly payments.

Financing Benefits: Offers 100% financing, ideal for purchasing a home in designated rural areas. Coverage: Available in most areas of the county, ensuring broad accessibility. These programs are structured to accommodate various homebuying needs, from first-time purchasers to those seeking flexible financing solutions in rural locations. For more information or to apply, please visit our website or contact our office directly.