First Time Home Buyer Utah Bad Credit. Mortgage lenders will typically offer a few different options for first time home buyers in utah with low credit scores, including: Aaa fair credit foundation provides a helpful savings program.
Fha will accept lower credit scores & lower down payments. While there are several such areas to steer clear of, you also have resources available to you. Our officers will inform you on numerous.
In most cases, these programs also include a type of mortgage insurance that can be structured.
Fha loans also allow gift funds for the down payment. We’ll walk you through all the home loan options available and help you choose the one that’s right for you. Utah housing offers loans and down payment assistance to repeat home buyers, too. Utah independent mortgage corp loan specialists are here to guide you through every step of the loan process.