Chances are you’re already paying it in Rents . . . you owe it to yourself to learn more.

If you’re considering buying your first home in Utah, you’re likely wondering: “How much do I need to make to qualify for the Utah first-time home buyer program?” As a real estate agent, I help clients navigate these requirements every day. Here’s what you need to know to get started on your path to homeownership.

Income Limits for Utah First-Time Home Buyer Programs

Utah offers several first-time homebuyer programs, most notably those administered by the Utah Housing Corporation (UHC). The most popular option is the First-Time Homebuyer Assistance Program, which provides up to $20,000 in assistance for down payment, closing costs, or a mortgage rate buydown. However, there are specific income limits you must meet to qualify.

• Income limits are determined by the specific Utah Housing loan program you apply for. These limits vary based on household size, county, and the type of loan (Conventional, FHA, or VA)238.

• For many programs, your household income must not exceed the maximum set by UHC for your area and household size. For example, as of May 2025, a common threshold for some programs is a monthly household income at or below $8,900, but this can differ depending on the county and loan product5.

• There is no statewide minimum income requirement-your eligibility is based on whether your income is below the program’s maximum and whether you can qualify for the mortgage with your lender6.

Key Program Requirements

• Property must be in Utah and used as your primary residence.

• Maximum purchase price is $450,000 for the First-Time Homebuyer Assistance Program478.

• Credit score requirements: Typically, a minimum of 620 for FHA/VA loans and 660 for conventional loans38.

• You must not have owned a home in the past three years (exceptions for some groups like veterans and single parents)38.

• You must work with a participating Utah Housing lender to apply78.

How Income Limits Work

Each Utah Housing program has its own income guidelines. For example:

• The FirstHome Mortgage Loan Program requires applicants to be below the income and purchase price limits set by UHC for their family size and county8.

• Localized programs, such as those in Box Elder, Rich, or Cache Counties, may use HUD income limits, typically set at 80% of the area median income (AMI)8.

What This Means for You

• If your household income is below the maximum limit for your county and household size, you could qualify for assistance.

• The most accurate way to determine your eligibility is to consult with a participating lender, who will verify your income against the current program limits and help you get prequalified78.

• Remember, income limits and program funds can change, so it’s important to act quickly and check the latest guidelines.

Ready to Get Started?

If you’re a first-time homebuyer in Utah, don’t let income limits intimidate you. Many buyers are surprised to find they qualify for significant assistance. Contact a local real estate agent or a Utah Housing-approved lender to review your income and explore your options-your dream of homeownership could be closer than you think!