Are You Eligible?

General Eligibility Requirements

Salt Lake City Murray City
Up to $20,000 Up to $20,000
0% Interest 0% Interest
5-Years Forgivable 5-Years Forgivable
80% to 120% AMI 120% or Below AMI
Salt Lake City Murray City

Income Eligibility Requirements

Household Size 1 Person 2 Persons 3 Persons 4 Persons 5 Persons 6 Persons 7 Persons 8 Persons
120% AMI $77,520 $88,560 $99,600 $110,640 $119,520 $128,400 $137,280 $149,160
80% AMI $51,650 $59,000 $66,400 $73,750 $79,650 $85,550 $91,450 $97,350

*All of our programs are based on the Federal Household Median Income for Salt Lake City. If your household income is equal to or less than the limits listed above, you may be eligible for the program.

AMI = Area Median Income 

Additional Information

  1. The borrower must be a first-time homebuyer (has not owned a home in the past three years).
  2. The home must be a single-family residence, owner-occupied, 2 to 4 unit, condo, or townhome.
  3. NeighborWorks Salt Lake does not require a minimum credit score for any of our programs, credit score eligibility is based on the approved lender. 
  4. The loan application must be complete online through our customer portal
  5. The borrower is required to complete an online homebuyer education class from eHomeAmerica.

Approved Lenders

  • Bank of America 
  • Bank of Utah (2605 Washington Blvd. Ogden, UT 84401)
  • Community Development Cooperation of Utah 
  • Direct Mortgage Corp. 
  • EverLEND Mortgage Co. (2455 East Parleys Way, #150 Salt Lake City, UT 84109)
  • Fairway Mortgage
  • Flagstar
  • Guild Mortgage (6770 South 900 East #300 Midvale, UT 84047)
  • Hillcrest Bank, Division of NBH Bank 
  • Habitat for Humanity 
  • Mortgage One
  • Mountain America
  • US Bank 
  • Utah Mortgage Loan Corp (488 East 6400 South #300 Salt Lake City, UT 84107)
  • Veritas 
  • Washington Federal 
  • Wells Fargo
  • Zions First National Bank

Apply Today!

Create a profile in online customer portal “Compass” to begin the application process. Please note the following:

Compass, our customer portal, was created for Homebuyer Development and has not been customized for Down Payment Assistance Loans or First Mortgages. Please answer any seemingly irrelevant questions to complete a profile. We will contact you with more information after you’ve created a profile in Compass.

NeighborWorks® Salt Lake
Salt Lake Office
622 West 500 North
Salt Lake City, UT 84116
Phone: 801-539-1590
NMLS #395931

NeighborWorks® Salt Lake
Murray Office
4843 S Poplar Street
Murray, UT 84107
Phone: 801-539-1590
NMLS #395931

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