Utah’s DPA landscape is anchored by Utah Housing Corporation (UHC) — the state’s primary housing finance agency — which offers a
comprehensive suite of first mortgage products each pairable with meaningful down payment assistance. From the FirstHome loan targeting first-time buyers to the Home Again loan serving all buyers, from a $20,000 new construction grant to a non-repayable Veterans Grant, Utah has meaningful resources for buyers across the income and eligibility spectrum.
The Bookspan Baker Team at Guild Mortgage is an approved UHC
participating lender.
All UHC loans are 30-year fixed-rate mortgages. UHC services both the first and second mortgages directly.
FirstHome Loan: UHC’s lowest interest rate program, for first-time buyers (no ownership in past 3 years) and qualifying veterans. Income and purchase price limits apply by county. Minimum credit score 620 (FHA/VA) or 660 (conventional). Pairs with DPA Second.
Home Again Loan: Available to both first-time and repeat buyers. Higher income and purchase price limits than FirstHome. Pairs with DPA Second.
Score Loan: For buyers with lower credit scores. Minimum 620 credit score. Pairs with DPA Second (up to 4%).
NoMI Loan: Conventional loan with no private mortgage insurance. Minimum 680 credit score. Pairs with DPA Second (up to 5%). PMI elimination provides meaningful monthly savings.
As of July 1, 2025, UHC’s DPA Second offers two structures:
Amount: Up to 6% of first mortgage loan amount, maximum $27,500
Rate: 30-year fixed; first mortgage rate + 1% (not to exceed 8%)
Monthly Payments: Yes — second monthly payment
Best for: Buyers who need maximum DPA and can absorb a modest additional payment
Amount: A deferred portion of the available DPA
Rate: 0% interest
Monthly Payments: None while you own and occupy the home
Best for: Buyers who want to minimize monthly obligations
On a $350,000 purchase with a UHC first mortgage, 6% DPA provides $21,000 — enough to cover FHA’s 3.5% down payment ($12,250) plus a significant portion of closing costs.
Established by Utah Senate Bill 240 (2023):
Amount: Up to $20,000
Structure: 0% interest, deferred — no monthly payments
Eligible Properties: New construction only, never occupied, within Utah
Purchase Price Limit: Home must not exceed $450,000
Eligibility: First-time buyers using a UHC first mortgage
Use: Down payment, closing costs, or interest rate buydown
Amount: $2,500
Structure: True grant — no repayment required, ever
Eligibility: Veterans separated within the last 5 years, or currently serving (active duty, Reserve, Guard); first-time buyer (no primary residence ownership in past 3 years)
Use: Down payment, closing costs, or other purchase expenses
Works with any lender licensed in Utah, including alongside VA loans
Since VA loans require zero down, this $2,500 grant goes entirely toward closing costs.
Amount: Up to 3.5% of purchase price, maximum $25,000
Structure: True grant — no repayment required
Eligibility: First-time buyers employed in law enforcement; must use a UHC first mortgage
Own in Ogden: 0% interest, deferred-payment second loan of
$10,000–$15,000 for first-time and repeat buyers within Ogden city limits. Down payment, closing costs, or principal reduction.
West Valley City DPA Grant: Grant for eligible homebuyers within West Valley City limits.
Layton City DPA: Down payment assistance through Layton City Community Development Block Grant.
Tooele County Housing Authority (TCHA): Federally funded loans up to $10,000 for qualified first-time buyers in Tooele County. First-come, first-served.
UHC DPA Second (up to 6% / $27,500) + Veterans Grant ($2,500) = up to $30,000 in combined assistance. Additional local programs layer on top where eligible. VA loan + Veterans Grant + local DPA for closing costs = near-zero cash to close for eligible veterans.
A second mortgage providing up to 6% of the first mortgage amount (maximum $27,500) for down payment and closing costs. As of July 2025: Traditional (30-year, rate +1%, monthly payments) or Deferred (0% interest, no monthly payments). Must pair with a UHC first mortgage.
Up to $20,000 as a 0% interest deferred loan for first-time buyers purchasing new construction under $450,000 (SB240, 2023).
A $2,500 non-repayable grant for eligible Utah veterans and service members who are first-time buyers. Typically stacked with VA loans to cover closing costs.
First-time buyers employed in law enforcement who use a UHC first mortgage. Grant of up to 3.5% of purchase price (maximum $25,000), non-repayable.
Homebuyer education is recommended but not required for most UHC loan programs.
