First Time Buyer Mortgages
Deseret First understands the dream of home ownership, but coming up with a 10-20% down payment may not be an option. With special mortgages for first time home buyers, Deseret First makes home ownership a reality.
- Down Payment Assistance up to $5,000.
- Designed for applicants with limited down payment and credit history.
- Co-signer may strengthen application.
- Conventional loans 10, 15, 20, 25, and 30-year fixed terms, with up to 97% financing.
- FHA loans can receive up to 96.5% financing.
- Veterans can receive up to 100% financing with a VA loan.
- Rural area applicants can receive up to 100% financing with a USDA loan.
- First and Second mortgage combination options with Deseret First.
If you’d like to learn more about the process, what to expect, and how to get started click below to view a PDF about the process.