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Community Development Corporation Of Utah

Community Resource

Serves: Salt Lake City, Salt Lake County
Check eligibility

About this resource

Homium and the Utah Dream Fund provide first-time homebuyers in Utah with a Shared Appreciation Mortgage (SAM) for down payment support. This program offers a silent second mortgage that incurs no interest and requires no monthly payments. The repayment is made as a fixed percentage of the home's value when the owner sells or refinances, making it easier for first-time buyers to manage their monthly expenses.

Intake Procedure: Apply online: https://try.guildmortgage.com/homium-shared-appreciation-mortgage-program/

Who can use this

  • Applicants must be first-time homebuyers and residents of Utah.
Answer a few questions to see if you qualify →

Get in touch

Phone
(801) 994-7222
Website
try.guildmortgage.com/homium-shared-appreciation-mortgage-program/
Email
info@cdcutah.org
Address
501 E 1700 S, Salt Lake City, UT 84105
Salt Lake City, Utah
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