How much do I need for a down payment on a Utah home?
It depends on the loan type. In Utah: Conventional: 3-20% down (as low as 3% for first-time buyers on Fannie Mae’s HomeReady). FHA: 3.5% down with a credit score of 580+. VA: 0% down for eligible veterans and active duty. USDA: 0% down in eligible rural areas — parts of Tooele, Iron, Sanpete, and rural […]
What credit score do I need to buy a home in Utah?
Minimums by loan type: Conventional: 620+ (best rates at 740+) FHA: 580+ for 3.5% down, 500-579 with 10% down VA: 620+ (VA has no minimum, but most lenders require it) Jumbo (over $806,500 in Salt Lake/Utah/Davis counties for 2026): 700+ You can pull free credit scores at annualcreditreport.com. We can connect you with a lender […]