Overview
Utah's housing market offers opportunities for first-time buyers, with a median home price of approximately $500,000. The Utah Housing Corporation (UHC) provides the primary state-level assistance through mortgage programs and down payment assistance for qualifying buyers.
The FirstHome Loan Program is an utah housing corporation's key offering for first-time buyers, providing below-market rate first mortgage with up to $10,000 in dpa as a second mortgage. This program is designed to reduce the upfront cost barrier that prevents many qualified buyers from purchasing a home. Buyers must complete a HUD-approved homebuyer education course and work with an approved lender.
State Programs
FirstHome Loan Program
Below-market rate mortgage with DPAScore Loan Program
Down payment assistanceFederal Programs Available in Utah
These nationwide programs can be combined with Utah state assistance for maximum benefit.
FHA Loan Program
Low down payment mortgageVA Home Loan
Zero down payment mortgageUSDA Rural Development Loan
Zero down payment mortgageTips for First-Time Buyers in Utah
The Score Loan Program extends additional support through up to 4% of the loan amount as a second mortgage. Utah has a flat income tax of 4.55%. Property taxes average about 0.58%. Despite rising home prices, UHC programs provide essential DPA up to $10,000.
Federal programs complement state offerings in Utah. FHA loans require just 3.5% down with flexible credit requirements. VA loans provide zero-down-payment financing for veterans and active-duty military, particularly relevant near Hill Air Force Base, Dugway Proving Ground. USDA loans offer zero-down-payment options in eligible rural areas, which cover significant portions of Utah.
Prospective buyers should compare all available options, as combining state and federal programs can dramatically reduce out-of-pocket costs. Working with a HUD-approved housing counselor can help navigate the application process and identify the best program combination for your situation.
Frequently Asked Questions
For educational purposes only -- not financial or tax advice. Program details, eligibility requirements, and benefit amounts are subject to change. Verify all information directly with the administering agency before applying. Last verified: March 30, 2026.