Utah Housing Corporation

The Utah Housing Corporation was created as a public corporation by the state of Utah assist in the creation of affordable housing for low to moderate income households. The programs offered by Utah Housing are no longer exclusive to first time homebuyers, although they are often referred to as “First-time buyer programs.”

The Utah Housing Corporation works in conjunction with FHA and Fannie Mae to offer Down Payment and Closing Costs assistance so that buyers can come in with little to no down payment.  Essentially allowing the down payment and closing costs to be financed into the loan in the form of a 2nd mortgage up to a certain amount.   Certain Credit scores and income limitations do apply. Utah Housing Mortgages are available as a 30 year fixed rate loan for single family residences, condos, and PUD’s.

For more detail regarding this fantastic loan option, please visit https://utahhousingcorp.org/ or feel free to call us directly.