Home Buyer Grants and No-Down Payment Programs For Davis County
Click on any program to apply or click on Apply Now

Home Now Grant Money For Davis 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 Davis 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!

 

​Davis County, Utah, Down Payment Assistance (DPA)
Davis County provides assitance up to $50,000. 

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Details for the Davis County DPA:​

 

• Purchase a home located anywhere in Davis County. 

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

• The home you are buying cannot currently be a rental home.

• Household income cannot exceed the income limit for your family size. Contact us for current limits.

• The grant will need be repaid at a 1% interest rate but is only paid back once the home is sold or you move out of the home.

• You will need 1/2 of the required down payment from your own funds.  Funds can only be used for principal reduction, interest rate reduction (capped at $10,000), 50% of the required down payment and/or closing costs, or any combination that creates the optimum (lowest) monthly mortgage payment. 

• Purchase price cannot exceed $500,000.

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​Davis County Grant
Davis County provides a grant for up to $10,000. 

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Details for the Davis County Grant:

 

• First Time Home Buyer.  Defined as: you have not owned a home in the last 3 years.

• Purchase a home located in Davis County (except Clearfield and Layton).

• Provide half the required down payment.  required down payment means the minimum required down according to the type of loan you are obtaining. 

• Grant be used to pay the remaining half of the down payment plus closing costs. 

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

• The home you are buying cannot currently be a rental home.

• Household income cannot exceed the income limit for your family size. Contact us for current limits.

• The grant will be forgiven on a pro-rated basis over a 5 year period. Once you have lived in the home for 5 years, it never needs to be repaid.

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Clearfield City Grant

Ogden City grant provides up to $7,500. 

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Details for the Clearfield City Grant:

 

• Cannot have owned a home in the last 3 years.

• Purchase a single family home located within Clearfield City limits.

• The grant will provide matching funds on a 1:1 basis up to $7,500.  So if you have $5,000 down, the grant will provide $5,000.

• Household income cannot exceed the income limit for your family size. Contact us for current limits.

• The grant will be forgiven on a pro-rated basis over a 7 year period. Once you have lived in the home for 7 years, it never needs to be repaid.

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Layton City Grant

Layton City grant provides a maximum of $10,000. 

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Details for the Layton City Grant:

 

• You do NOT need to be a first time homebuyer

• Purchase a home located within Layton City limits.. 

• Household income cannot exceed the income limit for your family size. Contact us for current limits.

• The grant will be forgiven on a pro-rated basis over a 5 year period. Once you have lived in the home for 5 years, it never needs to be repaid.

• Youi must be able to provide 1/2 the REQUIRED down payment. For example of the loan require 3% down, you must be able to provide 1/2 that amount, or 1.5% of the purchase price. 

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Borrow Smart Grant for Davis 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 

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Home Empowered Davis County Grant

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

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Details of the Home Empowered Grant:

• May be used for home purchase anywhere in Davis 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)

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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)

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Settlers Fund Grant Money For Davis County

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

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Details for the Settlers Fund:

 

• May be used for home purchase anywhere in Davis County.

• Must be an owner occupied home

• Home must be a single family home, town home or condo

• Cannot be a Manufactured home

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​Chickasaw Grant Money For Davis 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.

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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

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​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 $758,450. 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 $127,650 for 1 or 2 people in the home or $148,950 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.

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​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.

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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 $744,050 for a soingle family home and $952.500 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.

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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.

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​VA 

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

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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!