$20,000 First-Time Homebuyer Grant!
$20,000 First-Time Homebuyer Grant!
You may receive up to $20,000 in Program Assistance and the funds may be used for down payment, closing costs, and/or a permanent interest rate buy down for the qualifying mortgage loan!
A UHC first mortgage loan is a 30-year fixed-rate loan. Current Interest Rates are located on the Utah Housing Website. Only Utah Housing approved Participating Lenders can offer the following loan programs and interest rates: FirstHome Loan: typically has the lowest UHC interest rate, lower purchase price, and income limits.
Utah First-time homebuyer assistance program (New Construction)
- What: Qualified buyers can receive up to $20,000 in program assistance which can be used for mortgage down payment, closing costs, and or permanent interest rate buy down*
- Where: New Construction with a total purchase price less than $450,000*
- Who: 1st time buyers*
- How: Call Patriot Home Mortgage to see if you qualify*
- Ence Homes Initial Down Payment Requirements: 3.5% of the purchase price, if home buyer will be using Patriot Home Mortgage for their lending needs. The $20,000 Grant cannot be used for this initial deposit but the Grant may help refund that amount at closing.
