Down Payment Assistance (DPA)
General Information Sheet
 
To be eligible, the applicant must meet the following requirements:
§ The applicant must be a first-time homebuyer in accordance with Code of Federal Regulation (CFR) Title. No prior ownership less than three years unless he/she is displaced.
§ The applicant’s household must fall within the Department of Housing and Urban Development’s low to moderate income guidelines.
Down Payment Assistance
Household Size
Maximum Income
1 Person
$38,550
2 Persons
$44,050
3 Persons
$49,550
4 Persons
$55,050
5 Persons
$59,500
6 Persons
$63,900
7 Persons
$68,300
8 Persons
$75,700
 
§ The applicant must be able to qualify for a fixed rate mortgage loan using FHA, VA, or conventional financing. You must qualify on your own credit. All co-applicants must be considered in the mortgage loan. No creative financing such as variable rate, adjustable rate, interest only mortgage, balloon payment, etc.   
§ The applicant must contribute a minimum of $2,000 toward the cost of purchase of the home (i.e., earnest money, appraisal, etc.) prior to closing.
§ The applicant must purchase a home within the Weber County limits for a price not to exceed $180,000
§ The applicant must attend and complete one of the approved First Time Home Buyer Classes on finance and budgeting. 
§ The applicant must not be committed (bid, offer, purchase agreement or earnest money) on any property until loan approval and class certificate is received by the Weber Housing Authority. 
§ The grant/loan must be repaid if the applicant resells, transfers title, refinances the home, or moves within the first five years.
This program is proved by the Weber Housing Authority using Community Development Block Grant (CDBG) funds. Funding is limited; all applications will be processed on a first come, first serve basis. 
Or Call Bob Now at 801-499-2500