Our team cares about our community and we want to ensure that you know about programs that can specifically benefit you and those around you. We know how important you are to our community and we want to help you apply for this the $7,500 American Dream Grant. first-time home buyer grant currently available. The Salt Lake Board of Realtors has announced $7,500 home grants to be awarded to deserving families or individuals throughout the year.
The American Dream Grant provides eligible households with $7,500 in assistance funds that may be used toward down payment. These grant funds are available throughout the year and are available to first-time home buyers.
- Grant funds supplied by the Salt Lake Board of Realtors
- Funds can be used for a down payment only
- Must qualify for a mortgage and supply a pre-approval letter
- Must be a first-time homebuyer
- Minimum credit score 640
- Household income limits apply. ($102,400 for 1-2 individuals, or at/below $117,700 for 3 or more individuals)
- Must purchase a property within 90 days after accepting the grant
- Buyer must work with a Realtor for help in purchasing the property
Contact us today to get more details on the grant information and assistance with the grant process.