Utah first-time homebuyers can choose from 3%-down conventional programs, 3.5%-down FHA loans, zero-down VA/USDA options, and Utah Housing Corporation programs that layer down payment assistance on top. The right combination depends on your credit, income, and target area — comparing them is free and takes one conversation.
Why borrowers choose this program
- Down payments from 0–3.5% depending on program
- Utah Housing Corporation down payment assistance options
- Gift funds allowed for most programs
- Education-first process — you’ll understand every number before you sign
What Utah offers first-time buyers
Beyond the national programs (FHA, VA, USDA, conventional 97), Utah Housing Corporation offers loans with paired down payment assistance for qualifying buyers, and some Utah cities and counties run their own grant programs. These change year to year — part of our job is knowing what’s funded right now and stacking what you qualify for.
Fair warning: assistance programs sometimes carry higher rates or repayment terms that outweigh the benefit for stronger borrowers. We’ll show you the true cost comparison, not just the "free money" headline.
How much home can you afford?
Lenders qualify you on debt-to-income ratio, but the smarter question is what payment fits your life. Start with our affordability calculator, then get pre-approved to lock in real numbers. Most first-time buyers are surprised in both directions — qualified for more than expected, and advised to spend less than they qualify for.