Utah Housing is the #1 down payment assistance program in Utah. This program offers flexibility for buyers needing help with down payment and closing costs.
Utah Housing helps eligible borrowers who do not have enough money to pay for a down payment and closing costs when purchasing a home. The average amount a home buyer must save for a down payment and closing costs is between 5% – 6% of the home purchase amount. Utah Housing allows an applicant to borrow up to 6% of the home purchase amount, which can help cover the down payment and closing costs.
Please be aware the Score Loan and NoMI Loan offer 4% instead of 6% for the home buyer’s down payment or closing costs.
Individuals and families who otherwise are unable to purchase a home because of insufficient funds for a down payment and closing costs may still become homeowners by using Utah Housing.
The following are important things to know when applying for Utah Housing:
Important: The Utah Housing Loan Programs do NOT provide rental assistance of any kind. If you need rental assistance, please contact your city or county housing authority.