Funds AvailableEagle MountainForgivable Loan
Eagle Mountain MAP
Eagle Mountain City
$25,000
Maximum Assistance
120%
AMI Income Limit
15 years
Until Forgiveness
Program Summary
Up to $25,000 as 0% interest forgivable loan over 15 years. Priority for public employees (teachers, first responders).
Eligibility Requirements
Location
Property must be in Eagle Mountain
Buyer Type
First-time buyers only (no home ownership in past 3 years)
Income Limit
Household income must not exceed 120% AMI for Utah County:
| Household | 120% AMI Limit |
|---|---|
| 1 person | $99,750 |
| 2 people | $114,000 |
| 3 people | $128,250 |
| 4 people | $142,425 |
Showing sizes 1-4. See all household sizes
Utah County • FY 2025 HUD Income Limits
Primary Residence
Must be your primary residence (not investment property)
Buyer Contribution
You must contribute at least $1,000 of your own funds
How to Apply
- 1Verify you're a first-time homebuyer with income ≤120% AMI.
- 2Get pre-approved for your primary mortgage.
- 3Find a home within Eagle Mountain city limits.
- 4Apply through the Eagle Mountain city portal.
- 5Provide employment verification (priority given to teachers, first responders, city employees).
- 6Applications accepted monthly on a first-come, first-served basis.
- 7Receive up to $25,000 as 0% interest forgivable loan at closing.
Required Documents
- Primary mortgage pre-approval
- Income verification (pay stubs, tax returns)
- Employment verification letter
- Purchase contract for Eagle Mountain property
- Proof of $1,000 minimum contribution