UHC DPA Second Mortgage (Deferred)
Utah Housing Corporation
Up to
$27,500
Assistance
Deferred Loan
Area
Statewide
Buyers
First-time & repeat buyers
Income
120% AMI limit
Funding renews
Rolling
What This Program Offers
Borrow up to 3.5% of first mortgage loan (max $27,500) for down payment and closing costs.
- 30-year fixed at 3.5% deferred simple interest.
- NO MONTHLY PAYMENT required.
- Principal + deferred interest due on sale, refinance, or maturity.
- Must combine with UHC first mortgage.
- Can stack with local city/county DPA when the local program agrees to third lien position (UHC 2nd, local DPA 3rd).
Who Qualifies
Location
Buyer type
Primary residence
Income limits
Household income must not exceed 120% AMI for Salt Lake County
| Household | 120% AMI Limit |
|---|---|
| 1 person | $105,976 |
| 2 people | $121,126 |
| 3 people | $136,276 |
| 4 people | $151,350 |
Showing sizes 1-4. See all household sizes
Salt Lake County • FY 2025 HUD Income Limits
How to Apply
- 1
Apply for a UHC first mortgage (FirstHome, FHA/VA, or HFA Advantage).
- 2
Tell your lender you want the Deferred DPA Second Mortgage.
- 3
Borrow up to 3.5% of your first mortgage amount (max $27,500).
- 4
Both loans are applied for and processed together.
- 5
NO MONTHLY PAYMENT required on this loan!
- 6
Principal + 3.5% deferred interest due when you sell, refinance, or at loan maturity.
- 7
Both loans serviced by UHC.
Documents you'll need
- Same documentation as UHC first mortgage
- UHC first mortgage application (required)