Down Payment Assistance Programs in Utah

Down Payment Assistance products offered in Utah include: CHENOA Fund Program, Mortgage Finance Authority (MFA) Program and the “Within Reach” Program. To see which program may be right for you, get started on your application today!

CHENOA Fund Program

Availability: Nationwide

Description

The CHENOA Fund Program is available in Utah.

Features

  • Down payment assistance up to 3.5% of the purchase price or appraised value, whichever is less
  • 30-year fixed term with full amortization on the first mortgage
  • FHA loan types available
  • Homebuyer education course NOT required
  • Credit and income restrictions may apply

Utah Housing Down Payment Assistance Program

Availability: Utah

Description

The Utah Housing Down Payment Assistance Program is available in Oregon.

Features

  • Down payment assistance up to 6% of the total loan amount
  • 30-year fixed term with full amortization on the first mortgage
  • FHA, Conventional and VA loan types available
  • Homebuyer education course is required
  • Credit and income restrictions may apply

Within Reach Program

Availability: Utah

Description

The Within Reach Program is available in all of Utah.

Features

  • Down payment assistance up to 4% of the note amount
  • 30-year fixed term with full amortization on the first mortgage
  • FHA loan types available
  • Homebuyer education course is required
  • Credit and income restrictions may apply

Some program restrictions and requirements apply. Loan program availability is subject to change without notice. Some programs may have a first-time homebuyer requirement. The type of DPA and lien position will vary for each loan program. OnQ0329180681Y000003h3Wd