Mortgage Video & Blogging Community

Your Orem Mortgage may qualify for free government grant money.

Click for your FREE guide

There are several different government institutions that can help you with your mortgage in Orem.

Most of the programs target First Time Homebuyers and will pay for down payment and/or closing costs. They will have income restrictions and sometimes purchase price limits.

Utah County offers a qualified Orem Mortgage with the option of getting $5,000 to $15,000 depending on the age of the home.  The amount given will be in the form of a 0% interest loan. This 2nd mortgage can be fully forgiven if you stay in the home for ten years.

There are several Qualifications and Requirements for this loan:

• Not exceed maximum income requirements
• Meet minimum Credit Score requirements
• Have not owned a home within the past three years
• Contribute minimum of $1,000 towards the purchase price
• Complete pre-homeownership counseling

If you need more information about this Orem Mortgage program or others please feel free to contact me.

Popular Utah FHA Home Loan Articles:

• Utah Housing Loan: A Consumer’s Guide to a Utah Mortgage
• Do I qualify for the $8000 First Time Homebuyer Tax Credit?
• What areas are approved for USDA Rural Housing loan in Utah?
• $15,000 Grant in Utah County
• Salt Lake County Grant $10,000
• Orem Mortgage Grant Money $15,000
  
  
  

Mike Harrison
Principal Lending Manager
Email: mike (at) firstfedmort.com
801-404-3540 Cell
888-800-1629 Toll Free

First Federal Mortgage, Inc
Orem, Utah