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CLOSING COST CALCULATOR

Closing cost calculator








Union County First Time Home Buyer Program

Nice house with sold signThe Union County Commissioners know how hard it is for first time home buyers to come up with the down payment and closing costs to purchase a home. So, Union County came up with a down payment and closing cost assistance program to help eligible home buyers. Union County provides qualifying home buyers with be $10,000 or 10% of the purchase price for down payment and or closing cost assistance. The total amount of any loan shall not exceed $10,000. The assistance grant (loan) is a second mortgage that is interest free and will be repaid at if the property is refinanced or sold by the applicant.


Eligibility Guidelines:

Check markYou must be a first-time homebuyer. All borrowers may not have owned a home within the last 3 years. The borrowers and co-borrowers may not have an ownership interest in any other real estate or business other than a business that is their primary source of income.

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

Check markThe  home must be located within Union County and the home buyer is required to reside in and use the purchased property as his or her principal place of residence. Union County permits one or two family home; income may be derived from rents for one dwelling unit. The home must meet the minimum property maintenance standards as recommended by the Union County Affordable Housing Fund Board and approved by the Union County Commissioners.

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

Check markProspective home buyers are required to successfully complete home ownership counseling.

Check markThe prospective home buyer(s) must contribute a minimum of three (3%) percent of the purchase price of the property from their own sources, not including gifted funds.

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