Houzd Mortgage, a leading mortgage brokerage serving Salt Lake City and surrounding Utah counties, is excited to announce the launch of its Conventional 1% Down Loan Program, designed to make homeownership more accessible for first-time buyers and those struggling to save for a down payment.
The Conventional 1% Down Loan Program allows qualified homebuyers to purchase a home with just 1% down—thanks to Houzd Mortgage covering 2% of the down payment (up to $7,000). This program helps reduce upfront costs, enabling buyers to enter the market sooner and with less financial strain.
“Many potential buyers put their dreams of homeownership on hold because saving for a 20% down payment feels overwhelming,” said Anthony VanDyke, founder of Houzd Mortgage. “Our 1% down program breaks down that barrier by providing down payment assistance, so more people can start building equity and achieving their goals.”
This new offering is especially timely given today’s rising home prices and rental costs in the Salt Lake City area. By lowering the initial cash needed, Houzd Mortgage empowers clients to stop renting and start investing in their futures.
Interested buyers can contact Houzd Mortgage directly to learn more about eligibility, program details, and how this loan option might be the perfect fit for their homebuying journey.