Union County First Time Home Buyer Program

House with a sold signThe Union County Commissioners understand how difficult it is for first-time home purchasers to save for a down payment and closing fees.
As a result, Union County devised a down payment and closing-cost assistance program to aid qualified homebuyers. Union County offers eligible homebuyers a down payment of $10,000 or 10% of the purchase price as well as closing-cost assistance.
Any loan must not exceed $10,000 in total amount. The assistance grant (loan) is a second mortgage that is interest-free and must be returned if the applicant refinances or sells the property.

Eligibility Guidelines:

You must be a first-time buyer of a property. All borrowers may not have owned a house in the previous three years. Borrowers and co-borrowers may not possess any other real estate or company other than the one that provides their main source of income.

Your total annual household income must meet the Union County median income limits. (adjusted annually). See income limit chart

The house must be situated in Union County, and the buyer must live in and utilize the acquired property as his or her primary residence.
Union County allows one or two-family houses; revenue from rentals for one housing unit is permitted. The house must satisfy the Union County Affordable Housing Fund Board's minimal property upkeep requirements, which must be authorized by the Union County Commissioners.

You are required to be a U.S. Citizen or Resident alien.

Prospective home-buyers are required to successfully complete home ownership counseling.

The prospective homebuyer(s) must contribute a minimum of three (3%) percent of the property's purchase price from their own funds, excluding gifted funds.

Credit counseling & First Time Home Buyer Classes in Union County PA