Utah Housing Loans
Utah Housing Corporation (UHC) was established in 1975 by the Utah Legislature. Utah Housing Loans offer low-to-moderate income clients the opportunity to obtain mortgages that usually have lower rates that comparable loan programs with no down payment required from their own funds. Utah Housing Loans require all the buyer to borrow the 3.5% down payment normally required on Utah FHA mortgage and allow the seller of a property to pay all closing costs. Utah Housing Corp. is not a mortgage lender. Utah Housing Loans are made by participating lenders such as Veritas Funding, LLC and mortgage consultants like Jeff Winn.
Utah Housing Loans allows buyers to buy homes up to the following limits:
| Salt Lake, Tooele and Summitt Counties | $637,500 |
| Davis, Morgan and Weber | $357,500 |
| Utah and Juab | $356,000 |
| Wasatch | $376,500 |
| Washington and Kane | $335,000 |
| All other counties | $243,500 |
To obtain Utah Housing loans, your annual household income cannot exceed Utah Housing’s current income limits:
| Non Targeted | Non Targeted | Targeted Areas | Targeted Areas | |
| Household Size | 1 & 2 family | 3 or more | 1 & 2 family | 3 or more |
| Salt Lake & Summitt | $67,500 | $77,500 | $81,000 | $94,500 |
| Davis, Weber & Morgan | $68,500 | $78,500 | $82,000 | $95,500 |
| Tooele | $64,500 | $74,000 | n/a | n/a |
| Wasatch | $65,500 | $75,000 | n/a | n/a |
| All other Counties | $64,000 | $73,500 | $77,000 | $89,500 |
To find out more information about Utah Housing loans and other First-Time buyer programs, contact Jeff Winn at (801) 712-5055 or use the online application. This confidential application is a simple, no-cost way to start on the path to owning your own home. Don’t put it off another day!
To find out more about this program you can also visit Utah Housing Corporation's website at www.utahhousingcorp.org.
