Service Name
Housing Down Payment Loans/Grants
Eligibility
Must be a first-time homebuyer and reside in the State of Utah.
Languages
Spanish
Fees
No cost
Address CountryCode
US
Service Hours
M - Th 9 am - 5 pm; F 9 am - 12 noon
Service Description
Call, visit website, or walk in for information.
Service URL
try.guildmortgage.com/homium-shared-appreciation-mortgage-program/
Application Process
Call for more information or complete the intake form on the website.
Description
Homium and the Utah Dream Fund offer first-time Utah homebuyers a Shared Appreciation Mortgage (SAM) for down payment assistance. This provides a silent second mortgage with no interest and no monthly payment. The loan is repaid as a fixed share of the home's value when the owner sells or refinances, helping first-time buyers afford homes with lower monthly payments.
Taxonomy
Service Point ID
11692
Operational Status
Operational
Virtual
Off