Down Payment Assistance

Down payment assistance (DPA) programs help cover the upfront costs of buying a home, reducing or eliminating the need for personal savings at closing.

Best for: Buyers who qualify for a mortgage but lack sufficient savings for the down payment and closing costs

Explore Down Payment Assistance Ask Mia about this program

Min. Down Payment

Some programs cover 100% of required down payment

Credit Guidance

Varies by program; typically 620+ for most DPA programs

Income / DTI

Most programs have income limits based on household size and area median income

Occupancy

Primary residence only

Property Types

Single FamilyCondoTownhome

Down payment assistance (DPA) programs help eligible homebuyers cover the upfront cost of purchasing a home — specifically the down payment and sometimes closing costs. These programs come from a variety of sources: state housing agencies, local governments, nonprofit organizations, and lender-specific programs. DPA is not always free. Some programs provide grants that do not require repayment. Others provide deferred-payment second mortgages (no payment until you sell or refinance) or low-interest second mortgages with ongoing payments. Understanding the structure of a DPA program is important when evaluating its true cost. Eligibility requirements vary but typically include income limits, purchase price limits, and sometimes a first-time buyer or three-year non-ownership requirement. Most programs require the home to be a primary residence. Program availability and funding change over time. We stay current on available options in Utah and can help you identify programs you may be eligible for during the pre-approval process.

Key Benefits

Can reduce or eliminate out-of-pocket cash needed for down payment at closing
Grant options are available through some programs — no repayment required
Many programs are designed to work with FHA, USDA, or conventional first mortgages
Multiple programs may be available depending on your location and income

Considerations

Program funding can be limited — availability may change
Income and purchase price limits typically apply
Some DPA programs require repayment if you sell or refinance within a specified period
Not all DPA programs are grants — many are deferred or low-interest second mortgages
First mortgage eligibility requirements still apply

Frequently Asked Questions

Have questions about Down Payment Assistance?

Mia can help you understand if this program fits your situation — ask her anything about eligibility, timing, or how to get started.

Ask Mia

Helpful Calculators

cost-of-waiting

Work Hard Mortgage · NMLS #2396714 · Equal Housing Opportunity · Licensed in Utah. Program availability and guidelines may change. Final eligibility depends on credit, income, assets, property type, occupancy, and underwriting approval.