I spoke to my favorite lender this morning and he informed me that he can now offer Conventional financing for condominiums with just a 5% down payment. The lowest down payment last year for Conventional condo financing was 10% down. You can get 3.5% down condo...
FHA Loans
Down payment can be gift from a family member if you use an FHA loan
Aug 5, 2010 | FHA Loans, Salt Lake City homes, Salt Lake City real estate, Salt Lake County homes and condos
If a home buyer uses a FHA loan for their purchase of a home, all or part of the down payment can be a gift from a family member. FHA loans currently require just 3.5% down too. Kevin CoyleMBA, Associate BrokerKevin@SLCHomeBuyer.com801-243-0699 (Mobile)Stonebrook...
More on financing Salt Lake City Condos
Mar 11, 2010 | FHA Loans, Kevin Coyle, Salt Lake City condos, Salt Lake City real estate, Utah Condos
After writing last weeks Blog entry, I started wondering what percentage of Salt Lake condos actually sold FHA in the last 6 months. So I went to the Wasatch Front MLS and did a little research. I chose to evaluate three areas and price ranges. Area and price range...
Search
Popular Posts
Secondary Water in Utah: What Home Buyers and Homeowners Need to Know
Aug 19, 2026
If you're buying a home in the Salt Lake area, "secondary water" is a phrase you'll run into fast, and it's worth understanding before you close, not after your first water bill. Here's what it is, how to check whether a property has it, and what's changing by 2030....
What Happens After You Buy a Home? The First 30 Days Explained
Jul 31, 2026
You closed. You have the keys. And somewhere between signing the last document and actually moving your couch in, a new question shows up: Now what? This is normal to wonder about. Buying a home takes over your life for weeks, and then the process just... ends....
Salt Lake County 2nd Quarter 2026 Results
Jul 9, 2026
The warm winter and spring, led us to believeThat the frosty cold weather, had taken it’s leaveSo on April 25th, we planted tomatoesFeeling optimistic, like they were potatoesWithin a couple days, it went from 80 to 40The decision to plant early, seemed to be made...
1st Quarterly Results 4th Quarter Real Estate Results 2023 Real Estate Trends Add new tag Backyard Backyard Decor Buy a House Buying Homes in Salt Lake City car loan Condo Home Buyer Representation Home Buyer tax credit Homebuyer Tips home for sale Home Remodeling homes and condos in Salt Lake City Homes in Utah Home Tips Interest Rate Kevin Coyle mortgage Mortgage Rates Mortgage Rates Forecast New Listing Quarterly Results Real Estate Real Estate Education Real Estate Tips Real Estate Trends Salt Lake City Salt Lake City condos Salt Lake City homes Salt Lake City housing market Salt Lake City Real Estate Salt Lake City Real Estate education Salt Lake County 2nd Quarter Results Salt Lake County 3rd Quarter Results Salt Lake Realtors Selling Salt Lake Homes SLC activities SLC Homes SLC Real Estate Things to do Things to do in SLC Utah Real Estate
