Salt Lake Homes No Money Down

Buy Utah home or condo for no money down

There are opportunities to buy real estate in Salt Lake County for no money down. If you are a Utah home buyer or shopping for a condo, contact me to find out what little to no money down programs are available. Currently, more than four cities have down payment assistance funds to help buyers … [Read more...]

Cost of FHA Loan to Increase April 2012

FHA costs to increase April 2012

If you are currently unemployed, you are grateful for continued benefits.  If you are employed and want to buy a home, you are paying for the unemployed with a new "loan" tax increase.  Borrowers will pay more to get an FHA loan in 2012. The payroll tax cut worked out by Congress will also raise … [Read more...]

Buy A Home After Selling Short

buy_home_after_short_sale

How to buy a home if you were forced to sell your home or condo as a short sale. You might qualify for another home purchase. Below are three options you might consider if you want to buy another home soon after your short sale. Ask FHA for an exception! If you are able to document and show the … [Read more...]

HUD $100 Program is Available

Utah HUD homes

A popular and affordable way to buy homes in Utah is back, hooray! HUD has approved a program aimed at putting foreclosed homes back into the hands of owner-occupant buyers. In select states, from now into October of next year, buyers need a down payment of only $100 to purchase a Utah HUD owned … [Read more...]

USDA Loan Changes

Loan Fees are Now Higher As of October 1st, 2011, the USDA loan upfront fee is lower, however, the long term cost has gone up. The upfront funding fee dropped from the current 3.5% of the loan amount to 2%. On a $150,000 loan amount, this would be a one-time savings of $2,250. There … [Read more...]