Quick answer: Provo and Utah County buyers can access Utah County Loan-to-Own (up to $20,000 deferred), the FHLB HELP grant ($20,000 forgivable), UHC FirstHome (up to 6% of loan amount), and Provo city programs when funded. Stacked correctly, total assistance can reach $60,000+ for qualified first-time buyers.
Queries like "provo utah down payment assistance" and "utah county first time buyers programs" rank this page on Google — but most buyers never hear about stacking from their lender.
Provo & Utah County programs at a glance
| Program | Up to | Type |
|---|---|---|
| FHLB HELP / Welcome Home Grant | $20,000 | Forgivable after 5 years |
| Utah County Loan-to-Own | $20,000 | Deferred loan, no monthly payment |
| UHC FirstHome DPA | 6% of loan (~$24K on $400K) | Deferred second mortgage |
| Provo City housing (when funded) | Varies | Grant / deferred loan |
Full program details: Provo DPA page.
Utah County Loan-to-Own
Utah County Housing Authority offers up to $20,000 as a deferred, low-interest loan. No monthly payments — repaid when you sell, refinance, or pay off the first mortgage. Available to buyers throughout Utah County (Provo, Orem, Lehi, Spanish Fork, etc.).
Funding is limited — apply early when cycles open. Income typically at or below 80% AMI for a household of your size.
FHLB HELP grant
Up to $20,000 forgivable after 5 years of owner occupancy. Available statewide including Utah County. Cornerstone Home Lending is a direct FHLB participant — we originate these in-house. Income at or below 80% AMI.
UHC FirstHome + DPA
Utah Housing Corporation pairs a competitive first mortgage with up to 6% of the loan amount as down payment assistance. On a $400,000 home, that is up to $24,000. Must use a UHC-approved lender. First-time buyer or 3-year non-ownership rule applies.
Example stack: Provo first-time buyer
Purchase price: $400,000 · Loan: FHA 3.5% down
- FHLB HELP: $20,000 forgivable
- Utah County Loan-to-Own: $20,000 deferred
- UHC DPA (6%): ~$24,000 deferred
- Total assistance: ~$64,000
- Estimated cash to close: under $1,500 (varies by seller concessions and fees)
Not every combination is allowed — we verify layering before you go under contract. See our DPA stacking checklist.
Provo market notes (2026)
- Median home price in Provo is approximately $420,000
- BYU-area condos and townhomes may offer lower entry points
- Competitive market — get pre-approved and DPA eligibility mapped before shopping
- Condos and townhomes often qualify if the project meets FHA/conventional guidelines
Income limits (Utah County, 80% AMI)
For a household of four, the approximate limit is $82,250. Limits scale by household size. Community programs and UHC each publish current tables — we verify at pre-approval.
Utah County cities covered
Provo, Orem, Lehi, American Fork, Pleasant Grove, Spanish Fork, Springville, Eagle Mountain, Saratoga Springs, and all Utah County addresses. Eagle Mountain buyers may also qualify for the Eagle Mountain MAP program — we recently closed a file with Eagle Mountain DPA covering the full down payment.
Next steps
- Provo DPA page
- Utah first-time buyer hub
- First-time buyer calculator
- Book a free Utah County DPA review
Educational only, not a commitment to lend. Tim Hawkes NMLS #8785 · Jake Peterson NMLS #1692825 · Cornerstone #2258.