Down Payment Assistance
Let us help you find the money you need to unlock the door to your new home.
You don’t need to be an expert on grants and assistance programs—because we already are.
For most people, the biggest hurdle to buying a home isn’t qualifying for a mortgage—it’s saving the thousands of dollars needed for a down payment. Down Payment Assistance (DPA) programs are the solution. These programs offer grants (that may not need to be repaid) or low-interest second loans designed specifically to cover your down payment and even some closing costs, making homeownership possible years sooner than you imagined.
Utah is home to a wide array of excellent DPA programs, from statewide options to specific programs in seven different counties and even individual cities. Navigating the different requirements for each can be confusing, but you don’t have to do it alone. At UCCU, we are experts in all of them. We simplify the entire process, matching you with the programs you qualify for to ensure you receive the maximum financial assistance available.
Buy Your Home Sooner
DPA provides the upfront cash you need, bridging the gap between your savings and the down payment. This means you can stop renting and start building your own equity much faster
Keep Your Savings
Using a DPA program allows you to hold on to your hard-earned savings. You’ll have a healthy cash reserve for moving costs, new furniture, or other unexpected expenses after you move in.
We Find Your Best Fit
From state grants to city-specific loans, dozens of programs are available. Our experts know the qualifications for each and will match you with the ones that offer the most benefit for your situation.
Statewide Programs
Utah Housing Score Loan
A mortgage program for borrowers who do not meet the minimum Fico score requirements of other Utah Housing loans.
Utah Housing HomeAgain Loan
This down payment assistance program is for both first-time and previous homeowners.
Utah Housing Freddie Mac HFA Loan
A conventional loan program offered by Utah Housing that is also not limited to first-time homebuyers.
Utah Housing FirstHome Loan
A program specifically for first-time homebuyers that offers down payment assistance.
Utah Housing Corporation Down Payment Assistance
A general down payment assistance program from the Utah Housing Corporation.
The Rural Housing program
A 100% financing program available in most of Utah county.
County-Specific Programs
$40,000 Loan to Own Utah County Grant Program
Down payment assistance of up to $40,000 in most cities within Utah County.
Salt Lake County First Time Buyer Program
A deferred loan/grant program providing up to $20,000 for down payment assistance.
Tooele, Utah $10,000 First Time Buyer Program
Provides a loan of up to $10,000 to help with down payment and closing costs.
Davis County Grant
Offers up to $5,000 in down payment assistance for first-time buyers.
Weber County Utah $5,000 Grant
Down payment assistance of $5,000.
City-Specific Programs
Provo City Home Purchase Plus
loan of up to $60,000.00 in assistance for buyers whose household income is at 80% or less of the Area Median Income
$10,000 At Home in Layton Utah Down Payment Assistance
Grant money for first-time homebuyers in Layton
Own in Ogden First $10,000 Time Buyer Grant Program
Offers grants of $10,000 for first-time buyers, with increased amounts for teachers, police officers, and firefighters.
West Valley First Time Home Buyers Grant Program
A $14,999 grant program for first-time buyers in West Valley City.
Salt Lake City, a $39,000 neighborhood down payment assistance grant
Clearfield Utah $7,500 Homebuyer Grant Program
A matching grant of up to $7,500 for homebuyers in Clearfield.
Feeling Overwhelmed? Let an Expert Guide You.
With so many down payment assistance programs available, each with its own unique requirements, trying to find the right one can be a daunting task. From statewide grants to city-specific loans, the sheer number of options can feel overwhelming. How do you know which one is the perfect fit for your situation?
That’s where a trained mortgage loan officer comes in.
Think of them as your personal guide to the homebuying process. Our loan officers are specialists who are expertly trained on the details of every grant and loan program available in Utah. They don’t just offer one-size-fits-all solutions; they take the time to understand your unique financial picture, your homebuying goals, and the specific area you want to live in.
By comparing your circumstances against the criteria for every option, they can identify the program that will provide you with the most benefit. Their job is to do the heavy lifting, navigating the complexities and paperwork to find you the best deal possible, saving you time, stress, and money.
Don’t leave money on the table or guess which program is right. Connect with a loan officer today and let their expertise lead you to the front door of your new home.
Frequently Asked Questions
What exactly is down payment assistance (DPA)?
Down payment assistance consists of grants or loan programs designed to help homebuyers cover the cost of their down payment and, in some cases, their closing costs. This makes homeownership more accessible by reducing the large amount of cash needed upfront.
Is this “free money”? Do I have to pay it back?
It depends on the specific program. Some programs are true grants that do not require repayment. Others are structured as forgivable loans, where the loan is forgiven over a set number of years as long as you live in the home. Still others are deferred loans, which you only have to pay back when you sell or refinance the property. A loan officer can explain the specific terms for each program you qualify for.
Do I have to be a first-time homebuyer to qualify?
Not necessarily. While many programs are designed for first-time homebuyers (defined as anyone who hasn’t owned a home in the past three years), there are several excellent programs, like the Utah Housing HomeAgain Loan, that are available to previous homeowners as well.
Can I use these grants to buy a home anywhere in Utah?
Some programs, like those offered by Utah Housing, are available statewide. However, many of the most generous programs are city or county-specific and require you to purchase a home within a certain geographic boundary (e.g., the Own in Ogden or Salt Lake County programs).
Which grant program is the best?
The “best” program is different for everyone. It depends entirely on your personal financial situation, credit score, income, and where you plan to buy. The most valuable service a mortgage loan officer provides is analyzing your specific circumstances to match you with the program that offers you the best terms and the most financial benefit.
What are the typical credit score and income requirements?
These vary significantly from one program to another. Some programs may require a credit score of 620 or higher, while others are more flexible. Most programs also have maximum income limits, which are based on the county you’re buying in and the size of your household. We can help you determine which programs you are eligible for based on these factors.
Will I need to complete a homebuyer education course?
Most down payment assistance programs require applicants to complete a certified homebuyer education course. This course is designed to prepare you for the responsibilities of homeownership. It can often be completed online in a few hours.
What types of properties can I buy with these programs?
Generally, you can purchase single-family homes, condos, and townhomes. The property must be intended as your primary residence—you cannot use these programs to buy investment properties or vacation homes. Some programs may have additional restrictions on the home’s sales price.
How do I apply for these grants?
The first step is to speak with a qualified mortgage loan officer. You don’t apply for the grant separately; the DPA is integrated into your primary mortgage application. Your loan officer will handle the entire process, from finding the right program to submitting the paperwork on your behalf.
How does working with a loan officer help me?
Navigating the world of home loans and grants is complex. A trained mortgage loan officer acts as your expert guide. They know the rules and requirements for every program inside and out. Their job is to simplify the process for you, do the research, and structure your loan in the way that best benefits you, ensuring you get the best deal available and have a smooth journey to closing.