Down Payment Assistance

Utah Housing Corporation (UHC) loans allow an eligible borrower, to borrow all or a portion of their down payment and closing costs. Borrowers are able to purchase a home with FHA or VA financing with little or no cash investment through an approved Utah Housing Participating Lender.

Down Payment Requirement:

Closing Costs:

Interest Rates:

A UHC first mortgage loan is a 30-year fixed rate loan. Interest rates can be found on the UHC web site. Only Utah Housing approved Participating Lenders can offer the following loan programs and interest rates:

  1. FirstHome Loan has the lowest UHC interest rate. This loan is for first time homebuyers with a minimum credit score of 660.
  2. HomeAgain Loan has an interest rate higher than FirstHome, the loan is for borrowers with a minimum credit score of 660, first time homebuyers and homebuyers who have previously owned a home. The income and sales price limits are higher a than FirstHome loan.
  3. Score Loan has an interest rate higher than HomeAgain loan, the loan is for borrowers with a minimum credit score of 620, first time homebuyers and homebuyers who have previously owned a home.

Down Payment Assistance Second Mortgage:

"Helping the People of Utah Achieve Homeownership"