Additional Resources for Utah
First-time Homebuyers Assistance Program
- What It Offers: A loan of up to $20,000 to buy down interest rates, apply funds towards a down payment, or pay closing costs on a first home. The loan has a 0% interest rate and does not require monthly payments. It’s repayable when the home is sold or refinanced.
- Eligibility: Must not have owned a home in the previous three years and must have lived in Utah for at least one year prior to closing. The home must be a new build or never lived in, with a price up to $450,000.
- Website: Utah Housing Corporation
