Don’t put off buying because of down payment!


Real Estate Agents
Don’t put off your next buyer because of Down payment, they can qualify now.
We are all looking for our next customer, some clients have been on our re-contact list for months waiting until they have enough money, for their down payment and closing cost to purchase the home they want.
The NHF Grant Program, can get your clients up to 5% in down payment and closing cost assistance,
The Program is designed to increase homeownership opportunities for low-to-moderate income individuals and families.

This is a great loan program for the buyers who have owned a home before and are just coming back into the market or the First Time Home Buyers.
This program will also work for the move up buyer, who currently has a home that they have out grown, program guidelines will also allow the buyers to keep their current home and convert it into an investment property and purchase a new primary residence.

The Federal Reserve last week has increased the rates at which the banks borrow money, they are planning on reviewing this every three months to increase the Prime Lending rates throughout 2016.
The NHF Grant Program is designed to help the current home buyer market now, we have all seen the housing market push this buyer out before, with the increase in building costs, interest rates and credit guidelines.

What this means for you and your client is that, we can help them apply and get approved for the NHF Grant, oac. and they can purchase a Home, Condo or Townhome with very limited funds on their part and become a homeowner.
I have listed some of the program details below, you can contact me for full program guidelines and how to turn your re-contact list into homebuyers now.
Maximum loan amount is the lesser of $417,000.00 or maximum loan amounts permitted by HUD in your area.
Down Payment Assistance (DPA) is available in the form stated below.
Up to 5% of the First Mortgage Loan amount.
Up to 3% of the First Mortgage Loan amount.
Fannie Mae:
Up to 3.00% of the First Mortgage Loan amount.
Proceeds may be used for down payment and/or closing costs;
There must be no cash back to the borrower from the Grant Fund proceeds;
Call me today for full program details.

Matthew Whetton Sr. Loan Officer NMLS #922108 DirectLine # 801-425-7920
Utah Mortgage Loan Corporation
NMLS#149160 488 East 6400 South Salt Lake City, Utah 84107


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This is not a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet LTV requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines, and are subject to change without notice based on applicant¹s eligibility and market conditions. Refinancing an existing loan may result in total finance charges being higher over life of loan. Reduction in payments may reflect longer loan term. Terms of the loan may be subject to payment of points and fees by the applicant. Equal Housing Lender. Utah Mortgage Loan Corporation. Serving you in: Salt Lake City, Utah

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