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Veteran Grant

Veteran Grant is a grant for homebuyers in Statewide, Utah.

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The program asks for

  • The home is occupied as a primary residence
  • On credit: Minimum 620/660/680 FICO depending on underlying first-mortgage product (FHA/VA = 620; FirstHome = 660; HFA Advantage = 680)
  • A completed homebuyer education course, through UHC-approved homebuyer education providers (Framework, eHomeAmerica, NeighborWorks Salt Lake, AAA Fair Credit Foundation, USU Extension PowerPay)
  • Residency: Property must be in Utah and used as primary residence
  • Citizenship or immigration status: U.S. citizen or qualifying permanent/non-permanent resident alien
  • Borrower must be an active duty service member, military reservist/National Guard, military veteran, or surviving spouse of a service member; documentation of qualifying service required (DD-214, military ID, etc.). Must qualify for an underlying UHC first-mortgage product. Income/purchase price limits inherited from underlying product. Must complete UHC-approved homebuyer education prior to closing.
  • A home in Utah

It doesn’t cover

  • Purchases above the $772,400 price cap
  • Households above $166,100

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

Income limit

$166,100 household income limit, as the program publishes it

The program states this limit itself. Its official site says how household size changes it.

Where it applies

Utah’s homes

  • 66.5% single-family
  • 8% townhouse
  • 6.5% 2–4 units
  • 16.1% 5+ units
  • 3% mobile & other

A tick marks a kind of home the program’s record lists. The agency confirms it for the home you choose.

$489,400

Utah median home value

35.5%

built before 1980

U.S. Census Bureau, ACS 2024 5-year.

How to apply

  1. Take a homebuyer education course

    Required by the program, through UHC-approved homebuyer education providers (Framework, eHomeAmerica, NeighborWorks Salt Lake, AAA Fair Credit Foundation, USU Extension PowerPay).

  2. Contact the administering agency to reserve funds

    Funds are reserved through Loan officer reserves grant via UHC Lender Online; one-time funding pool subject to availability., and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.

Questions about this program

What is Veteran Grant?

Veteran Grant is a grant for homebuyers in Statewide, Utah. The UHC Veteran Grant provides a $2,500 one-time grant to qualifying Utah military veterans, active duty service members, reservists, and surviving spouses purchasing through any UHC first-mortgage + DPA program. Statewide Utah availability. Documentation of qualifying military service required. $2,500 one-time grant (no repayment) to qualifying U.S. military veterans and active service members purchasing in Utah. Layered on top of any UHC first-mortgage + DPA program (FHA/VA, FirstHome, or HFA Advantage). Statewide Utah availability. Income/purchase price limits and FICO floors mirror underlying first-mortgage product. No first-time-homebuyer requirement. Funding comes from State and HFA.

Do you have to pay it back?

Veteran Grant is structured as a grant, so it is not repaid. Repayment is triggered by None - grant is non-repayable. The assistance is recorded in Grant - no lien position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Veteran Grant is open to homebuyers who will live in the home as their primary residence. On credit, the program states: Minimum 620/660/680 FICO depending on underlying first-mortgage product (FHA/VA = 620; FirstHome = 660; HFA Advantage = 680). A homebuyer education course is required, through UHC-approved homebuyer education providers (Framework, eHomeAmerica, NeighborWorks Salt Lake, AAA Fair Credit Foundation, USU Extension PowerPay). Residency requirement: Property must be in Utah and used as primary residence. Citizenship or immigration status: U.S. citizen or qualifying permanent/non-permanent resident alien. Borrower must be an active duty service member, military reservist/National Guard, military veteran, or surviving spouse of a service member; documentation of qualifying service required (DD-214, military ID, etc.). Must qualify for an underlying UHC first-mortgage product. Income/purchase price limits inherited from underlying product. Must complete UHC-approved homebuyer education prior to closing.

What are the income limits?

Veteran Grant limits household income to $166,100. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Veteran Grant caps the purchase price at $772,400. Eligible property types include Single-family detached, condominium, townhouse, PUD, manufactured (per first-mortgage product). New construction is eligible. Manufactured homes are eligible.

Is there eligibility for specific groups?

Veteran Grant names veterans, active-duty service members, reservists and National Guard members, and surviving spouses among the groups it serves. Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

Veteran Grant serves homebuyers purchasing in Statewide, Utah. The program targets specific areas: Federal target-area rules apply if underlying product is FirstHome.

How do you apply?

Applications for Veteran Grant go through the administering agency, which publishes the current terms and the application steps on its own site. Funds are reserved through Loan officer reserves grant via UHC Lender Online; one-time funding pool subject to availability. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.

Program terms are set by the administering agency and can change; confirm on the official site before you apply.