VA Loans in Utah
Zero down payment required. VA mortgage loans are one of the best and safest methods to use when buying a home. Honored to serve those who served us.
Unmatched Benefits for Veterans
The VA mortgage loan extends to the Army, Navy, Air Force, Marines, Coast Guard, Reservists, and National Guardsmen. There is no limit to the number of times a veteran may use the program.
VA Loans in Utah: Complete Guide for Veterans
VA home loans in Utah provide one of the most powerful mortgage benefits available to those who have served our country. If you're a veteran, active-duty service member, or eligible surviving spouse looking to buy a home in Utah, a VA loan offers zero down payment, no private mortgage insurance, and some of the most competitive interest rates on the market.
The Tim Hawkes Team at Cornerstone Home Lending has deep experience with VA loans in Utah. Our Clearfield office is located just minutes from Hill Air Force Base, and we've been honored to serve hundreds of military families and veterans throughout the state. We understand the unique challenges of military relocations, PCS moves, and the VA loan process — and we're here to make it as smooth as possible.
With access to over 100 investors, we shop your VA loan across a massive lender network to find the best rates available. Our in-house processing, underwriting, and funding teams ensure fast closings — because we know military timelines don't wait.
Utah VA Loan Benefits
VA loans in Utah come with benefits that no other mortgage program can match. Here's why VA is considered the gold standard for veteran home financing:
Zero Down Payment
Purchase a home in Utah with no money down up to the county loan limit. If the seller covers closing costs, you could move in with zero out-of-pocket expense.
No Private Mortgage Insurance
Unlike FHA and conventional loans with less than 20% down, VA loans never require monthly PMI — saving you hundreds of dollars per month.
Competitive Interest Rates
Because the VA guarantees a portion of the loan, lenders can offer lower interest rates. VA rates are consistently among the lowest available in Utah.
Lenient Credit Standards
VA does not use credit scoring in the same strict way as conventional loans. Even with past financial difficulties, you may still qualify if your recent payment history is strong.
No Prepayment Penalties
Pay off your VA loan early without any fees or penalties. Refinance or sell your home whenever it makes sense for your situation.
VA Streamline Refinance (IRRRL)
Already have a VA loan? The Interest Rate Reduction Refinance Loan lets you lower your rate with minimal paperwork and no appraisal required.
VA Loan Eligibility in Utah
To qualify for a VA loan in Utah, you need a valid Certificate of Eligibility (COE) from the Department of Veterans Affairs. Eligibility is based on your service history, and the following groups generally qualify:
Not sure if you qualify? The Tim Hawkes Team can help you obtain your COE and review your eligibility at no cost. We've guided hundreds of Utah veterans through the process and can have your COE pulled in minutes.
How VA Loans Work
No Money Down
You do not have to put any money down to qualify for a VA Home Mortgage Loan up to the county limits. If the seller agrees to pay the closing costs, you may be able to purchase the home with absolutely no out-of-pocket costs.
The VA Funding Fee
The VA assesses a Funding Fee to all VA loans. This fee is added into the amount of the loan to be paid over the life of your mortgage. The VA Funding Fee replaces the much higher priced monthly Mortgage Insurance required on other low-down-payment loans. If you are a Disabled Veteran, you may qualify to get the fee waived completely.
Easier Qualifying
The VA offers excellent qualifying standards and does not use credit scoring in the same strict way conventional loans do. Even if you've experienced financial difficulties but have maintained a good payment record over the past year, you may still qualify.
Near Hill Air Force Base? We're Your Neighbors
The Tim Hawkes Team is located in Clearfield, Utah, just minutes from Hill Air Force Base. We've been honored to serve active-duty airmen, veterans, civilian employees, and their families for years. Whether you're PCSing to Hill AFB, retiring and staying in Utah, or a veteran looking to use your benefits for the first time, we understand your unique situation.
From Clearfield and Layton to Roy and Syracuse, we know the communities around Hill AFB inside and out. Let us help you find the perfect home and the best VA loan terms available.
Combine VA with Down Payment Assistance
While VA loans already offer zero down payment, veterans and service members in Utah may still benefit from down payment assistance programs that help cover closing costs, the VA funding fee, or other expenses. Programs through the Utah Housing Corporation and local agencies can provide additional financial support to make your home purchase even more affordable.
First-time home buyers who are also veterans may qualify for additional incentives and grants. The Tim Hawkes Team can help you stack these benefits for maximum savings.
Frequently Asked Questions About VA Loans in Utah
Who qualifies for VA loans in Utah?
Active-duty service members, veterans with honorable discharge, National Guard and Reserve members with 6+ years of service, and eligible surviving spouses all qualify. You need a Certificate of Eligibility (COE) from the VA, which we can help you obtain.
Can I use a VA loan more than once?
Yes. There is no limit to the number of times you can use your VA loan benefit. You can restore your entitlement after selling a previous home, or in some cases have two VA loans simultaneously.
Do VA loans have mortgage insurance?
No. VA loans do not require monthly PMI, which is one of the biggest advantages over FHA and conventional loans. Instead, there is a one-time VA funding fee that can be financed into the loan.
What is the VA funding fee?
The VA funding fee is a one-time charge (typically 2.15% for first use with $0 down) that funds the VA loan program. It can be financed into the loan. Disabled veterans are exempt from the fee entirely.
Can I combine VA loans with down payment assistance in Utah?
Yes. While VA loans require no down payment, Utah DPA programs can help cover closing costs and other expenses. UHC and local programs may be available to eligible veteran borrowers.
What are current VA loan rates in Utah?
VA rates are typically among the most competitive available because of the government guarantee. Rates change daily. We shop across 100+ investors to find the best VA rate for your situation.
Get Started Today
Let us help you utilize the benefits you've earned. We can help you obtain your Certificate of Eligibility (COE).
Start Pre-ApprovalSpeak with a VA Loan Expert
(801) 820-7620