Utah First-time Homebuyers Assistance Program (New Construction)

Utah Housing Corporation offers First-time Homebuyers Assistance Program (New Construction) to first-time buyers in Utah: up to $20,000, as a repayable loan.

Amount: Up to $20,000
Kind of help: Repayable loan
First-time buyers only: Yes

How is Utah First-time Homebuyers Assistance Program (New Construction) paid back?

Repayable loan: this is a loan you must pay back.

A repayable loan is a small second mortgage you pay off each month, usually in the same payment as your main home loan.

Who qualifies for Utah First-time Homebuyers Assistance Program (New Construction)?

Only for first-time buyers (usually no home owned in the past three years).

Most limits follow your county and household size. Our HUD income limits lookup shows your area's median income and where your household sits.

How to apply for Utah First-time Homebuyers Assistance Program (New Construction)

Utah Housing Corporation pays this help out through its approved lenders, so you apply with one of them, together with your home loan.
The lender checks your income, credit and the home against the program's rules and reserves the money for you.
The help is paid at closing, toward your down payment and closing costs.

Read the full rules and whether it is taking applications on Utah Housing Corporation's page for First-time Homebuyers Assistance Program (New Construction).

Ask a lender about Utah First-time Homebuyers Assistance Program (New Construction)

Tell us where you're buying and a lender that works with Utah's programs can tell you whether Utah First-time Homebuyers Assistance Program (New Construction) fits you, and what you could combine with it.

Call 866-602-7460

Rather not call? Send your details and the lender will reach you.

Other first-time buyer programs in Utah

Utah Down Payment Assistance, Subordinate Loan: up to 6% of the home loan, at most $27,500, repayable loan.
Utah Deferred Down Payment Assistance: up to 3.5% of the home loan, at most $27,500, deferred loan.
Utah First-time Homebuyer Law Enforcement Officer Assistance Program: up to $25,000, grant.
Utah Homebuyer Veteran Grant: up to $2,500, grant.

All Utah first-time home buyer programs · Down payment assistance in every state