Tag: HomeAgain

The Utah Housing HomeAgain Loan can be used by first time homebuyers or buyers that have previously owned a home. It allows for 2+ units as long as one is owner occupied.  It is a great mortgage for anyone who does not have or does not want to put an initial down payment on a home. The DPA portion allows for up to 6% of the FHA first mortgage loan in the form of a fixed rate second lien to go towards down payment and/or closing costs.

Utah Home Grant Qualify

Qualification and Requirements:*

  • Must qualify for an FHA loan
  • Minimum of 620 mid Fico score
  • Purchase loans only
  • 6% of the first loan amount is available for DPA
  • May be used anywhere in Utah
  • Maximum qualifying income limit $151,900
  • No maximum purchase price

The Utah Housing Corporation offers several options for down payment assistance programs for first time buyers and buyers who have previously owned a home. Utah legislation created the Utah Housing Corporation (UHC) in 1975 to serve the public to provide an adequate supply of money with mortgage loans at a reasonable interest rate. This Utah mortgage homebuyer program is very helpful with low to moderate income families.

Utah Home Grant Qualify

Since the UHC was created it has grown to offer five different types of programs. Each program has its unique advantages and helps Utah home ownership grow. You can explore each loan by clicking the link below.