OCR Text |
Show 6 38 INTEREST AVAILABLE FOR LIMITED TIME The Utah Housing Finance Agency has announced the availability of a limited amount of funds at 6 38 interest for the purchase of homes by low and moderate income persons in designated desig-nated areas of the state. Eligible counties include Beaver, Piute.San Juan, Wasatch Wa-satch and Wayne. Income for a household of one cannot exceed $17,000; a household of two cannot exceed ex-ceed $19,000, a household of three cannot exceed $20,000, and an additional $500 is added for each additional household member above 3. Existing homes with a purchase pur-chase price of $46,000 or less, and new homes selling for $48,000 or less are eligible eli-gible to be purchased under the UHFA program. Each loan must also be insured by the FHA or guaranteed by the VA . |