Cache County Home Buyer Grants and Down Payment Assistance

Home Buyer Grants and No-Down Payment Programs For Cache County

Click on any program to apply or click on Apply Now

Home Now Grant Money For Cache County

Home Now provides 3% of the purchase price of the home up to $15,000. Down payment assistance where there is no interest charged and no payment due. You will need to repay this if you sell the home.

Details for Home Now

May be used for home purchase anywhere in Cache County.
Must be an owner occupied home
Home must be a single family home, town home or condo
At least one borrower cannot have owned a home in the last 3 years.
Income limits apply and are based on how many people live in the home.
Moving out of the home does not trigger a pay-back of the Grant/Assitance!

Cache County Grant

The amount of the government grant for home buyers in Box Elder County, Utah is $3,000 if you are approved for the grant BEFORE an offer is made. If approved AFTER an offer on a home is made, then the grant is $2,500.

Details for the Cache County grant:

•Cannot have owned a home in the last 3 years

•Purchase a home located in Cache County

•Must have $500 of your own money into the purchase of the home

•Complete a housing counseling program (contact me for information on where to take those classes)

•Household income cannot exceed the income limit. Limits are based on your household size.

No payment required and no interest accrues. You will need to reapay this once sold.

Logan Grant - UPDATE - PROGRAM ON HOLD

Check back with us to see if the program is again funded.

The amount of the government grant for home buyers in Logan, Utah is up to $7,500. This grant provides $5,000 but will offer up to another $2,500 in matching funds. For example, if you provide $2,500 in your own funds,, they will provide you with another $2,500 in addition to the first $5,000 for a total of $7,500.

Details for the Logan grant:

Cannot have owned a home in the last 3 years
Purchase a home located in Logan City limits
Must be a single family home. Excluded homes are: condos, townhomes, duplexes and new construction.
Must have $500 of your own money into the purchase of the home
Complete a housing counseling program (contact me for information on where to take those classes
Must be under the income limit for your household size (call us for current limits).
The Logan Grant is 100% forgiven as long as you live in the home for 10 years. What is unique about this grant is that it can be transferred to another buyer as long as they qualify for the grant. It's a great selling point for you later on!

Borrow Smart Grant for Cache County

Borrower smart grants of up to $2,500

Can not have owned a home in the last 3 years.
1-unit principal residence only
Can be 1 - 4 units, condo, PUD or manufactured home (not a mobile home)
Home-ownership education program required for first-time home-buyers (contact us for details)
Can be stacked with other grant programs

Settlers Fund Grant Money For Cache County
Settlers Fund provides 3.5% of the purchase price of the home. After 36 on-time payments the entire grant never needs repaid.

Details for the Settlers Fund:

May be used for home purchase anywhere in Cache County.
Must be an owner occupied home
Home must be a single family home, town home or condo
Cannot be a Manufactured home

Home Empowered Cache County Grant

Provides up to 3.5% of the purchase price of the home. This is a true grant that never needs repaid.

Details of the Home Empowered Grant:

May be used for home purchase anywhere in Cache County.
Must be an owner occupied home (no second homes or investment properties)
Home must be a single family home, town home, condo or a duplex
Manufactured homes on your own land are ok (No mobile homes in a park

To qualify for the Home Empowered Grant, you must fit into at least ONE of the following (not all of them, just one):

1 - First Time Home Buyer (cannot have owned a home in the past 3 year)

2 - Single Parent

3 - Currently working, retired, or a volunteer for ONE of the following:

First responder (police officer, firefighter, public safety officer, paramedic, emergency medical technician (EMT) or similar.
Educator (Teacher, Sunday school teacher, tutor, day care provider)
Medical personnel (nurse, doctor, X-Ray technician, hospital administrator, or similar)
Civil servant in a Federal, state or local municipality

4 - Be at 140% of the AMI income index (I'll help you with this)

Chickasaw Grant Money For Cache County

This program offers a one-time grant of up to $3,000 to help with the down payment and/or closing costs to purchase or rate/term refinance a primary residence.

Required documentation must be sent to the Housing Counseling and Loan Services Department prior to closing being scheduled.

ELIGIBILITY

Must be a citizen of the Chickasaw Nation
Must be on the loan application
Must be approved for home loan
Primary residences only
Cannot own an investment property
If refinancing, loan cannot be a cash-out

Rural No-Money Down

Rural Home Loans provide home financing with no-money down required. To use this program the home must be located in an areas that has been designated as "rural". The entire county of Cache qualifies for the USDA Rural Housing program.

Details for the Rural program:

Rural Housing imposes income limitations to qualify for this program but are based on the amount of people in the home.
Income limitations are fairly liberal so most people will likely qualify.

Utah Housing First Time Buyer Program

Buying your first home in Utah? The First Time Buyer is a great financing option. If you have owned a home in the last 3 years you can again qualify as a first time buyer.

Details for the First Time Buyer program:

No money down. Technically this program requires a 3.5% down payment. However, that 3.5% down as well as up to 2.5% of closing costs can be financed using a second loan. This means you can get into a home with no money down.
Most homes will qualify. You can buy a home up to $481,150. They can be a single family, twin, manufactured PUD or condo. Some restrictions apply for the manufactured, PUD and condo's, so just call us before making the offer.

What are the restrictions? There are several restrictions using the First Time Home Buyer program.

Income limits. If your income is too high, then you cannot use this program. Income limits are $101,000 for 1 or 2 people in the home or $116,150 for more than 3 or more people in the home.
Must have a 660 or better credit score.
Cannot have owned a home the past 3 years.

Exception for Single parents or displaced homemaker:

If you are a single parent or displaced homemaker, no previous home ownership restriction applies.

Utah Housing FHA Zero Down

Utah Housing FHA Zero down is for those that have owned a home in the last 3 years or make to much money to qualify for the first time buyer program.

Details for the FHA Zero Down:

No money down. Technically this program requires a 3.5% down payment. However, that 3.5% down as well as up to 2.5% of closing costs can be financed using a second loan. This means you can get into a home with no money down.

What are the restrictions?

Income limits. If your income is too high, then you cannot use this program. Income limits are $141,400
Must have a 620 or better credit score.
You do NOT need to be a first time home buyer!
Purchase price is only limited by FHA's loan limit of $492,200 for a single family home and $630,100 for a duplex.
Homes can be a single family, twin, manufactured PUD, condo or a duplex. Some restrictions apply for the manufactured, PUD and condo's so just call me before making the offer.

Conventional Zero Down

No money down. Technically this program requires a 3% down payment. However, that 3% down as well as up to 3% of closing costs
can be financed using a second loan. This means you can get into a home with no money down.

What are the restrictions?

Income limits. If your income is too high, then you cannot use this program. Income limit is $141,400
Must have a 700 or better credit score.
You do NOT need to be a first time home buyer!
Purchase price limit is $726,200.
Homes can be a single family, twin, PUD or condo. Manufactured housing is not allowed on this program.

This no money down program is specifically for those that are serving or have served in the military.

Details of the VA program:

To qualify you must have served in the Army, Navy, Air Force, Marines, Coast Guard, National Guard or Public Health Service Actively
Served 90 Days Minimum or 181 Days During Peacetime Honorable Discharge General Discharge (under honorable conditions)
Plan to use home for your Primary Residence
A spouse, widow or widower of one of the above may also qualify.
You do NOT need to be a first time home buyer!