down payment assistance eligibility
GENERAL ELIGIBILITY REQUIREMENTS
INCOME ELIGIBILITY REQUIREMENTS
*All of our programs are based on the Federal Household Median Income for Salt Lake City. If your household income is equal to or less than the limits listed above, you may be eligible for the program.
AMI = Area Median Income
ADDITIONAL INFORMATION
The borrower must be a first-time homebuyer (has not owned a home in the past three years).
The home must be a single-family residence, owner-occupied, 2 to 4 unit, condo, or townhome.
NeighborWorks Salt Lake does not require a minimum credit score for any of our programs, credit score eligibility is based on the approved lender.
The intake form and loan application must be completed online.
The borrower is required to complete a Fannie Mae, Freddie Mac, or any HUD approved online homebuyer education class.
APPROVED LENDERS
» America First Credit Union
» American Pacific Mortgage DBA SelectRate Mortgage
» Cross Country Mortgage
» Fairway Mortgage
» First Colony Mortgage
» InterCap Lending
» Gateway Mortgage
» Guaranteed Rate Affinity
» Guild Mortgage
» Hillcrest Bank
» KeyBank N.A.
» Momentum Loans
» Mountain America
» New American Funding
» Pinnacle Home Loans DBA Mason Mac Mortgage
» PRMI Primary Residential Lending
» RanLife Inc.
» Security National Mortgage Co.
» Utah Mortgage Loan Corp
» Veritas
» Wells Fargo
Disclaimer: Borrowers must qualify for the first mortgage with one of the above lenders AND meet the eligibility requirements for the applicable NeighborWorks Salt Lake down payment assistance program to qualify.
