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Path to Ownership

Fast, friendly guidance on your best loan path—FHA, Conventional, and Utah’s $20,000 assistance for qualifying new construction.

Book a 15-minute consult
1

Snapshot

We estimate your payment, down payment needs, and timeline.

2

Loan path

Compare FHA vs. Conventional and check eligibility for Utah’s $20k assistance.

3

Shop smart

Tour homes that fit your budget and target payment—no pressure.

FHA loan (low down)

  • As little as 3.5% down (credit-flexible).
  • Upfront mortgage insurance (UFMIP) typically 1.75% (financed), plus monthly MIP.
  • Great for first-time buyers who want a lower barrier to entry.

Conventional loan

  • As little as 3–5% down (stronger credit helps).
  • Private Mortgage Insurance (PMI) that can fall off as equity rises.
  • Often lower total cost over time if you have solid credit and down payment.

Utah’s $20,000 new‑construction assistance

  • Up to $20,000 for down payment, closing costs, or rate buydown on qualifying newly built / never‑lived‑in homes.
  • 0% interest, no monthly payment; repaid when you sell or refinance (see details).
  • Must use a Utah Housing participating lender; price caps and income limits apply.
Check my eligibility in 15 minutes

FHA vs. Conventional — quick compare

Allocate assistance to

Illustrative only; lender rules and pricing vary.

FHA

Down used: $— (—%)
Assistance applied: $— (—)
Loan amt (financed UFMIP): $—
Rate used: —%
P&I: $— | MIP: $—
Total est. / mo: $—
Est. cash to close: $—

Conventional

Down used: $— (—%)
Assistance applied: $— (—)
Loan amount: $—
Rate used: —%
P&I: $— | PMI: $—
Total est. / mo: $—
Est. cash to close: $—

Numbers are rough estimates for education only; your lender will confirm exact eligibility and pricing.

Check eligibility & exact numbers