Make Homeownership a Reality

The First-time Homebuyer Assistance Program offers up to $20,000 in assistance to qualifying Utah residents who close on new construction or newly constructed homes.

• Provides funding at 0% interest and no monthly payments.
• Available on purchases up to $450,000.
• Borrower must be a Utah resident for at least 12 months before closing.
• Funding available on eligible property types, including detached single-family homes, condominiums, and townhomes.

For full details, FAQs, and eligibility requirements, visit Utah Housing Corporation.

With the Home Start Grant, homebuyers in Utah have the opportunity to get up to $5,000 to buy a home using government grant money for down payments and closing costs.

• Available to borrowers who have not owned a home in the past three years (some exception may be made).
• May be used in conjunction with other grants or credits.
• 5-year retention period. If the property is sold or refinanced within the first 5 years following loan closing, the borrower must repay a prorated portion of the grant funds.
• Borrowers must complete a homebuyer training class (may be done online).

Loan subject to approval. Other restrictions and qualifications may apply.