Funds AvailableStatewideSecond Mortgage
UHC Freddie Mac HFA Advantage
Utah Housing Corporation
$27,500
Maximum Assistance
120%
AMI Income Limit
Program Summary
Conventional loan program with potentially lower monthly mortgage insurance than FHA. Requires 680 minimum credit score. May have slightly higher interest rate but lower MI = lower overall payment. Income limit: $162,500. Can combine with UHC DPA. Good for buyers with strong credit.
Eligibility Requirements
Location
Available statewide in Utah
Buyer Type
Open to all buyers (first-time and repeat)
Income Limit
Household income must not exceed 120% AMI for Salt Lake County:
| Household | 120% AMI Limit |
|---|---|
| 1 person | $103,125 |
| 2 people | $117,825 |
| 3 people | $132,525 |
| 4 people | $147,225 |
Showing sizes 1-4. See all household sizes
Salt Lake County • FY 2025 HUD Income Limits
Primary Residence
Must be your primary residence (not investment property)
How to Apply
- 1Find a UHC Participating Lender (list on utahhousingcorp.org).
- 2Verify your qualifying income is within limits ($162,500 max).
- 3Check your credit score (minimum 680 required — higher than FHA).
- 4Get pre-approved for conventional financing.
- 5Find a home within purchase limits.
- 6Lender submits loan through Freddie Mac LPA system.
- 7Potentially LOWER monthly payments than FHA due to reduced MI!
- 8Can combine with UHC DPA Second Mortgage for additional assistance.
Required Documents
- Income verification (qualifying income ≤$162,500)
- Credit report showing 680+ score
- Purchase contract within county limits