UHC (Utah Housing Corporation)

Type

State Housing Agency

Established by the Utah Legislature in 1975, Utah Housing was created to provide safe and decent housing for low and moderate income families. It is the primary provider of down payment assistance program in Utah. Utah Housing Corporation (UHC)'s loan programs allow an eligible Utah homebuyer to borrow all or a portion of their down payment and closing costs. There are options for first time and repeat homebuyers, as well as for those with lower credit scores.


First Mortgage Programs Offered by UHC (Utah Housing Corporation)
Utah Housing FHA Purchase Loan

Best For: First Time Homebuyers, Low Credit Scores

FHA program for Utah residents seeking down payment assistance, offered by the Utah Housing Corporation (UHC).

Min. Credit Score

620

Min. Down Payment

3.5%

Max. Loan Amount

$472,030

Utah Housing VA Purchase Loan

Best For: Low Credit Scores, Zero Down

Financing for Utah veterans or active-duty military seeking down payment and closing cost assistance

Min. Credit Score

620

Min. Down Payment

0%

Max. Loan Amount

$726,200

Utah Housing Conventional Purchase - Low Income

Best For: Lowest Rates, Zero Down, Easy Process

Conventional financing for low income Utah residents seeking down payment and closing cost assistance.

Min. Credit Score

700

Min. Down Payment

3%

Max. Loan Amount

$726,200

Utah Housing Conventional Purchase - Median Income

Best For: Zero Down, Easy Process

Conventional financing option for Utah residents seeking down payment and closing cost assistance.

Min. Credit Score

720

Min. Down Payment

5%

Max. Loan Amount

$726,200

Utah Housing FirstHome FHA Loan

Best For: First Time Homebuyers, Low Credit Scores, Lowest Rates

FHA program for Utah first time homebuyers seeking down payment assistance, offered by the Utah Housing Corporation (UHC).

Min. Credit Score

620

Min. Down Payment

3.5%

Max. Loan Amount

$472,030

Utah Housing FirstHome VA Loan

Best For: Low Credit Scores, Lowest Rates, Zero Down

Financing for Utah veterans or active-duty military seeking down payment and closing cost assistance

Min. Credit Score

620

Min. Down Payment

0%

Max. Loan Amount

$726,200

Second Mortgage Programs Offered by UHC (Utah Housing Corporation)
Utah Housing FirstHome DPA Second

Best For: First Time Homebuyers, Zero Down

Utah residents who are 1st time homebuyers can get up to 6% in assistance for down payment and closing costs from the Utah Housing Corporation (UHC).

Min. Credit Score

660

Min. Down Payment

0%

Max. Loan Amount

$472,030

Up to 6% or $25,000, whichever is less Program Benefit Amount

Special Offers from UHC (Utah Housing Corporation)
Utah First-Time Homebuyer Law Enforcement Grant

An interest-free, forgivable grant to Utah Law Enforcement and Correctional Officers that can be combined with Utah Housing's first mortgage loan programs and down payment assistance second mortgage. There is no payment and no interest. The grant can be up to 3.5% of the purchase price, not to exceed $25,000. Can be used for down payment assistance, closing costs, mortgage interest rate buydowns, or paid-in-advance mortgage insurance.

See If You Qualify for UHC (Utah Housing Corporation) Loans

* ReviewMyMortgage.com Inc. is in no way affiliated with or endorsed by Utah Housing Corporation (UHC) or any of its subsidiaries. We are an educational resource website that compiles information on different financing institutions and the loan products they offer in the United States.

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