Up to 6% of First Mortgage (Max $25,000 Conventional)
30-year fixed second mortgage at 1% above your first mortgage rate. Layer with any Utah Housing first mortgage (FirstHome, FHA, VA). Use for down payment AND closing costs.
Max Assistance
6% / $25K
Rate
+1%
Term
30 Years
Payment
Monthly
How DPA Works with Your UHC Loan
FirstHome Loan
660 min score, conventional/FHA/VA options
DPA = 6% of first mortgage amount
FHA / VA Loans
620 min score, lower down payment options
DPA = 6% of first mortgage amount
Conventional
700 min score, reduced MI available
DPA = 6% or $25,000 (whichever is less)
Eligibility & Requirements
Borrower Requirements
- ✓ Must qualify for a Utah Housing first mortgage (FirstHome, FHA, or VA)
- ✓ Meet UHC income limits (vary by county & household size)
- ✓ Meet UHC credit score minimums (620–700 depending on loan type)
- ✓ Occupy as primary residence
- ✓ Complete homebuyer education if required by loan type
Property Requirements
- ✓ Single-family, condo, townhome, PUD, or manufactured on permanent foundation
- ✓ Located in Utah
- ✓ Within UHC purchase price limits (vary by county/household)
- ✓ New OR existing homes eligible (unlike SB 240)
Key Details
- ✓ DPA is a true second mortgage — monthly payments required
- ✓ Rate is fixed at 1% above your first mortgage rate for the full 30-year term
- ✓ Can be used for BOTH down payment AND closing costs
- ✓ Available with 60+ participating Utah Housing lenders statewide
- ✓ NOT a grant — full repayment over 30 years
- ✓ Can layer with SB 240 on new construction (confirm with lender)
Connect with Dan Stewart
Find out what DPA you qualify for.
Dan Stewart connects you with Utah Housing participating lenders for exact DPA terms, rates, and combined program stacking.
Phone: 435-862-3242
Email: washingtoncountyproperties@gmail.com
Serving: St. George and greater Washington County, Utah
Private 3-minute intake
Build My First-Time Buyer Game Plan
Share planning ranges—not account numbers. Your location is used only to understand the market where you hope to buy and the services that may be available there.
Program terms subject to change. Income limits, purchase price caps, and credit requirements vary. Confirm all details with a Utah Housing participating lender.