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Programs that help buyers bridge the down payment gap
The down payment is often the first hurdle. In Utah, Utah Housing Corporation is the first place to look. Local grants and federal loan programs can cover part of it too. Terms, funding, and eligibility change. Confirm with the agency. If a family gift will sit next to DPA on an FHA file, read how DPA stacks with an FHA gift.
Utah's state housing finance agency offers first mortgages paired with down payment and closing-cost assistance. FirstHome, HomeAgain and Score are its main loan programs, and the agency also runs a first-time homebuyer assistance program. Credit score minimums, income limits and assistance amounts change, so check the current program matrix before you plan around a number.
Official program infoEvery state has a Housing Finance Agency offering below-market first mortgages paired with down payment and closing-cost assistance (grants or second loans). The NCSHA directory lists each one, which helps if you are moving to or from Utah.
Official program infoLocal programs run by states, counties, cities, and nonprofits offer forgivable grants or low-interest second loans to cover down payment and closing costs. Check your city and county housing office as well as the state agency. Availability and amounts vary by location.
Official program infoGovernment-backed loans allowing as little as 3.5% down with flexible credit requirements, a common pairing with down payment assistance. See our FHA vs conventional guide for the trade-offs.
Official program infoBoth can offer 0% down. VA loans serve veterans, active-duty, and eligible spouses; USDA loans serve qualifying buyers in designated rural and suburban areas with income limits.
Official program infoFannie Mae HomeReady and Freddie Mac Home Possible allow as little as 3% down with reduced mortgage insurance for income-qualified buyers. Mortgage Credit Certificates (MCCs) can add a federal tax credit on mortgage interest.
Official program infoA HUD program offering eligible public servants 50% off the list price of homes in designated revitalization areas, in exchange for a 3-year owner-occupancy commitment.
Official program infoNonprofits like NeighborWorks and Habitat for Humanity, plus a growing number of employer-assisted housing (EAH) programs, offer grants, forgivable loans, or matched savings toward a down payment.
Official program infoNote: This page is educational and not financial, tax, or legal advice. Grant availability, income limits, and purchase-price caps change frequently and vary by state and locality. Always verify current terms directly with the program administrator or a licensed loan officer before relying on them.
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Education first. A conversation with a loan officer is how you find out what may actually fit your file.
Loan information is provided by Ondo Real Estate (NMLS ID on file). This is not a commitment to lend, a loan approval, or an offer of credit. Rates, terms, and payments shown are estimates for illustration only, are not a quote, and are subject to credit approval, underwriting, and market conditions. You are not required to use Ondo for financing to buy or sell with Ondo. Equal Housing Lender. Program rules, fees, and county loan limits change. Confirm the current published schedule and lender overlays. Nothing here is a quote, a lock, or a credit decision. Licensing and disclosures