First-time home buyer programs in Utah
Utah Housing's FirstHome loan gives first-time buyers, qualifying single parents, and veterans the agency's best rates, with second-mortgage assistance worth up to 6% of the loan. A separate state program adds up to $20,000 at 0% for buyers of newly built homes.
Brokers in our network can pair these programs with competing loan offers — free, no obligation.
FirstHome Loan + DPA
UHC's flagship first-time buyer mortgage with percentage-based assistance.
- Down payment assistance up to 6% of the loan amount as a second mortgage
- Minimum 660 credit score for the DPA
- Lower rates for first-time buyers, single parents, and eligible veterans
- Income and price limits vary by county
Utah First-Time Homebuyer Assistance Program (SB 240)
State-funded $20,000 for new-construction purchases.
- Up to $20,000 as a 0% interest deferred loan
- New-construction, never-occupied homes priced up to $450,000
- Repaid on sale or refinance (capped at the lesser of $20,000 or 50% of equity gain)
- Must be a Utah resident for 12 months; limited number of applicants per funding cycle
Program terms, income limits, and funding availability change throughout the year — confirm current details with Utah Housing or a licensed Utah broker before relying on them.
Pair assistance with an FHA loan in Utah
Most Utah first-time buyers combine down payment assistance with an FHA first mortgage. 2026 FHA one-unit limits run from $541,287 (the national floor) up to $637,100 in Salt Lake City.
See all 2026 Utah FHA loan limits →Find a broker in your Utah market
Local brokers know which programs are funded right now and how to stack them:
Utah first-time buyer FAQ
What does Utah offer first-time home buyers in 2026?
Two main tracks: Utah Housing's FirstHome loan with assistance up to 6% of the loan amount, and the state's SB 240 program offering up to $20,000 at 0% interest for newly built homes up to $450,000.
Can I use the $20,000 Utah program on an existing home?
No — the SB 240 First-Time Homebuyer Assistance Program is specifically for new-construction, never-occupied homes. For existing homes, the FirstHome loan's percentage-based assistance is the route.
What credit score does Utah Housing require?
Generally 660+ for the down payment assistance second. Salt Lake County's 2026 FHA loan limit is $637,100, so FHA-plus-assistance covers a large share of the metro market.
Ready to buy your first Utah home?
One free request. Brokers who know these programs compete for your business.
Get my free quotes