UHC Freddie Mac HFA Advantage
Utah Housing Corporation
Up to
$27,500
Assistance
Assistance
Area
Statewide
Buyers
First-time & repeat buyers
Income
120% AMI limit
Funding renews
Rolling
What This Program Offers
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.
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
Find a UHC Participating Lender (list on utahhousingcorp.org).
- 2
Verify your qualifying income is within limits ($162,500 max).
- 3
Check your credit score (minimum 680 required — higher than FHA).
- 4
Get pre-approved for conventional financing.
- 5
Find a home within purchase limits.
- 6
Lender submits loan through Freddie Mac LPA system.
- 7
Potentially LOWER monthly payments than FHA due to reduced MI!
- 8
Can combine with UHC DPA Second Mortgage for additional assistance.
Documents you'll need
- Income verification (qualifying income ≤$162,500)
- Credit report showing 680+ score
- Purchase contract within county limits