UTAH HOUSING CORP.
Utah housing Corporation (UHC) loans allow an eligible borrower to borrow their down payment and closing costs.
Borrowers are able to purchase a home with little or no cash investment at a competitive interest rate. Up to 6% of the first mortgage can be borrowed for your down payment and closing costs in a second mortgage. The second mortgage is a 30 year fixed rate mortgage with an interest rate 2% above the first mortgage rate. First time Homebuyers, Single Parent, or Veteran. 660 FICO and income limits.
Thanks, Rock Reber for this information.
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