Utah Housing Corp Can Help.

Serving Utah’s Housing Needs Through Finance and Innovation.

Utah Housing Corp has two downpayment assistance programs to help you purchase a home. When combined with a first mortgage program you can purchase a home with little or no cash investment. A Utah Housing Corp approved lender can also help you qualify you for a first mortgage loan that is right for you.

Traditional DPA allows up to 6% of the loan amount to be borrowed for down payment, closing costs, and interest rate reduction. Available to homebuyers who qualify for a Utah Housing First Mortgage 30-year fixed rate loan.

Deferred DPA Program allows up to 3.5% of the loan amount to be borrowed with a 3.5% fixed rate, deferred simple interest. No monthly payment required, due upon sale or refinance. Increases borrower’s buying power by up to 6%.