With Bad Credit: Buying A Home In Utah

: Some local credit unions, such as Utah First , offer flexible products for those with recent bankruptcies or foreclosures. Down Payment Assistance Programs

: These are the most common choice for bad-credit buyers. You can qualify with a credit score as low as 500 if you have a 10% down payment, or 580 with just a 3.5% down payment.

: Up to $50,000 in assistance for income-qualifying buyers. buying a home in utah with bad credit

: This state-specific program is designed for buyers who do not meet standard credit requirements. It requires a minimum mid-score of 620 and pairs an FHA first mortgage with down payment assistance.

: If you are a veteran or active-duty service member, VA loans often have no official minimum credit score (though many lenders prefer 580–620) and require $0 down payment . : Some local credit unions, such as Utah

: For homes in eligible rural areas of Utah (like parts of Tooele or Box Elder counties), these offer $0 down payment for scores typically starting at 640 , though exceptions sometimes exist for lower scores with "compensating factors".

Several loan types specifically cater to borrowers with less-than-perfect credit in Utah: : Up to $50,000 in assistance for income-qualifying buyers

: UHC provides second mortgages (like the FirstHome or Score Loan DPA) that can cover up to 4%–6% of your loan amount for down payments and closing costs. Local Grants : Own in Ogden : Up to $20,000 for first-time buyers in Ogden.