Help with your down payment is out there
Utah buyers can often cover most or all of the down payment with assistance programs. We'll show you which ones you qualify for and what they really cost.
- Utah Housing Corporation DPA of up to 6% of the loan amount
- Up to $20,000 for first-time buyers of newly built homes
- A $2,500 grant for recently separated veterans
Real numbers. Straight answers. No pressure.
Tell us a little about your goals. Nelson will reach out the same business day with options from dozens of wholesale lenders.
See if you qualify: free, no commitment.
No pressure. Nelson will give you a straight answer about whether this works for your situation.
How down payment assistance works in Utah
Most assistance in Utah comes from Utah Housing Corporation (UHC) as a second loan that sits behind your FHA, VA or conventional first mortgage. UHC's FirstHome, HomeAgain and Score programs pair a first mortgage with a 30-year DPA second loan, and you must use a UHC-approved lender.
Assistance isn't free money in every case. UHC DPA second loans typically carry a rate about 2% above the first mortgage. We put the numbers side by side so you can see your payment with and without assistance.
Program funding and limits change often. We confirm what's open, and the current income limits for your county, on the first call.
This is a good fit if you…
- Have steady income but limited savings
- Have a credit score around 660 or higher
- Are buying a primary residence
- Fall within program income limits
Utah assistance programs we work with
FirstHome & HomeAgain DPA
Up to 6% of the loan amount as a 30-year second loan. FirstHome is for first-time buyers; HomeAgain serves lower-income first-time and repeat buyers.
Score DPA
Up to 4% of the loan amount for buyers who need more flexible credit guidelines.
New-construction assistance
Utah's First-Time Homebuyer Assistance Program offers up to $20,000 as a deferred loan for first-time buyers of newly built homes, with household income at or below 100% of area median income. Funding renews each January.
Veterans grant
A $2,500 grant for first-time buyers who left the military within the last five years. It's forgiven and does not have to be repaid.
Gift funds & seller credits
Family gifts and negotiated seller concessions can also cover down payment and closing costs.
Side-by-side math
We compare your payment and cash to close with and without assistance.
Buyers keep coming back
Nelson and Danna did an outstanding job processing everything for my VA loan. They were very quick and responsive, and everything went much quicker than I expected. I was very happy with the rate and fees they were able to get for me.
This is the 2nd time we have worked with them to buy a house… They helped us to ensure that we configured our mortgage the best way possible for our needs. They were in constant contact with us to make adjustments to get us the best deal possible.
I could not have been happier with my experience! Nelson and Danna went way above and beyond… you will get an incredible attention to detail, but most of all you will feel like you're talking to your friends.
Questions we hear often
Do I have to be a first-time buyer?
FirstHome and the new-construction program require it. HomeAgain and Score can serve some repeat buyers who don't own other property at closing.
Does assistance have to be paid back?
UHC DPA second loans are repaid over 30 years. The new-construction program is a deferred loan repaid when you sell, refinance or rent the home. The veterans grant is forgiven.
Can I use DPA with an FHA or VA loan?
Yes. UHC programs pair with FHA, VA and conventional first mortgages.
What credit score do I need?
Utah Housing generally requires 620+ for its first mortgages and about 660+ for DPA second loans.
Is there funding available right now?
The new-construction program has a limited number of allocations that renew each January 1. We'll check current availability for you.
Ready to see what you qualify for?
Talk with Nelson for 15 minutes. You'll leave with real numbers and a clear plan.