NeighborhoodLIFT Program
For Buyers:
1. $15,000 down payment assistance on a primary residence (grant is forgiven 20% per year for 5 years. If you remain occupying the home for 5 years, the total amount is forgiven).
2. 260 grants are available on a first come, first serve basis.
3. FHA, FHA 203k, Conventional and VA loans are all available in conjunction with the grant.
4. Home must be your primary and only residence (you can currently own a home, but must sell it to buy using the grant).
5. Home must be located in incorporated "Salt Lake City" (this does not include neighboring communities like West Jordan, South Salt Lake, Sandy etc.). See map below for qualifying areas (seen in green).
6. You must be pre approved with Wells Fargo (please contact me for loan officer info), schedule and attend their home buyer event (December 12 and 13 at the Salt Palace) and take an 8 hour home buying seminar (available online and live).
7. Home must be under contract within 60 days of being approved for the funds.
This is an amazing opportunity for qualifying buyers to get in to a home with no money out of pocket!!! If you have been thinking of buying, don't miss this opportunity!!!
For Sellers:
If you have a home located in the mapped out area (seen above), and have been thinking about selling your home in this area, buyers will be abundant in the next 60-75!!! NOW IS THE TIME TO LIST!!! Buyers qualified to purchase using this grant will be out in full force ready and able to buy!!!
AND . . . you can take advantage of this as a buyer too!!! If you are thinking of selling and buying in this area, you too can get $15,000 for a down payment!
This is one of the best down payment programs I have seen in years!! Please don't hesitate and DON'T WAIT!!! Call or email me today for more info, if you think this might be a good opportunity for you (Hint: it is a GREAT opportunity for you)!!
801.518.1806
jessica@thecannonteam.com
