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: As much as $20,000
Help type: Loan you repay
Only first-time buyers: Yes

What does paying back Utah First-time Homebuyers Assistance Program (New Construction) involve?

A repayable loan means the money must be repaid.

It works like a small second mortgage that you pay monthly, usually within your main home loan payment.

Which buyers qualify for Utah First-time Homebuyers Assistance Program (New Construction)?

First-time buyers only; usually that means you haven't owned a home for three years.

Your county and household size set most limits. Use our HUD income limits tool to see the median income for your area and how your household compares.

Applying for Utah First-time Homebuyers Assistance Program (New Construction)

Apply through an approved lender with your home loan, because Utah Housing Corporation sends this help through those lenders.
Your lender compares the home plus your credit and income with the program's rules, then reserves the money for you.
At closing, the help is paid toward the down payment and the closing costs for you.

See the full rules and find out if applications are open on Utah Housing Corporation's page for First-time Homebuyers Assistance Program (New Construction).

Discuss Utah First-time Homebuyers Assistance Program (New Construction) with a lender

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

Prefer not to phone? Share your information and the lender will get in touch.

More Utah programs for first-time buyers

Utah Down Payment Assistance, Subordinate Loan:
A repayable loan worth up to 6% of the home loan, capped at $27,500.
Utah Deferred Down Payment Assistance:
A deferred loan for as much as 3.5% of the home loan, never more than $27,500.
Utah First-time Homebuyer Law Enforcement Officer Assistance Program:
A grant of up to $25,000.
Utah Homebuyer Veteran Grant:
A grant of up to $2,500.

Every Utah first-time buyer program · Down payment help nationwide