Explore Home Buyer Grants and No-Down Payment Programs Available in San Juan County: (Blanding, Monticello)

Home Buyer Grants and No-Down Payment Programs for Sanpete County Explore our diverse range of grants and programs designed to assist home buyers. Click on any program below to apply. 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.

Offer: Provides 3.5% of the home purchase price as a non-repayable grant. Eligibility: Must be an owner-occupied property without being a second home or investment property. Applicable to single-family homes, townhomes, condos, or duplexes. Manufactured homes on owned land are acceptable. Qualification Criteria: Applicants must meet one of the following: be a first-time homebuyer, a single parent, a current or retired first responder, educator, medical personnel, or civil servant, or earn up to 140% of the Area Median Income (AMI). Chickasaw Grant Money for Sanpete County Grant Amount: Up to $3,000 for down payment or closing costs for buying or refinancing. Eligibility: Must be a Chickasaw Nation citizen, included on the loan application, and approved for a home loan. The property must be a primary residence and not an investment property.

Details: Offers 100% financing for properties located in designated rural areas of Sanpete County. Eligibility: Subject to income limitations based on household size, but generally liberal to accommodate most income levels.

Offer: No initial cash outlay required; includes up to 3.5% down and 2.5% closing costs financed through a secondary loan. Home Types: Eligible for single family homes, twins, manufactured PUDs, or condos up to $486,150. Specific conditions apply to manufactured homes, PUDs, and condos. Restrictions: Available to those with no home ownership in the past three years, with income limits based on household size. Must have a credit score of 660 or higher. Utah Housing FHA Zero Down Details: Offers a zero down payment option with the down payment and part of the closing costs financed through a secondary loan. Income and Price Limits: Maximum allowable income is $141,400, with FHA loan limits applying to the purchase price. Eligibility: Open to individuals who have owned a home within the last three years and meet credit requirements. Conventional Zero Down Offer: Similar to the FHA option with no upfront payment required and up to 3% of purchase and closing costs financed. Restrictions: Income cap at $141,400, credit score minimum of 700, and purchase price limit of $726,200. Applicable Properties: Available for single-family homes, twins, PUDs, and condos. Manufactured homes are excluded.

Eligibility: For active and retired military personnel and their spouses, requiring no down payment and no first-time homebuyer status. Conditions: Must be the primary residence, with service requirements based on active duty status and discharge conditions. For more information or to apply for any of these programs, click the relevant links provided or contact us directly. 1. Chenoa Fund Assistance: Unlock up to 3.5% of your home's purchase price with the Chenoa Fund, available for 1-2 unit residences. Choose from three versatile programs: Grant/Gift: Offers immediate support with minimal payback conditions. Forgivable Second: Benefit from a forgivable loan under specific terms. Repayable Second: A flexible option with no income restrictions, allowing repayment over a defined term. 2. Utah Housing Corporation Loan: Secure 4%-6% of your purchase price in down payment assistance to make your home ownership dream a reality. Select from diverse loan products tailored to first-time and repeat buyers, including: FirstHome HomeAgain Score NoMI 3. Rural Housing Program: Take advantage of a comprehensive 100% financing program designed for rural homes. This accessible financing option helps turn the dream of homeownership into reality across most of the county with no down payment required. Each program is designed to accommodate different financial situations and home buying goals, ensuring you find the perfect fit for your home purchase in the county.