Lehi & Saratoga Springs Homebuyer Grant – $2,500 Toward Your Home
Lehi & Saratoga Springs Homebuyer Grant - Get $2,500 Toward Your New Home
Buy a home in Lehi & Saratoga Springs with help from our Local Buyer Grant. Use the $2,500 credit for assistance with closing costs or interest rate buydown, subject to lender guidelines. Available for most property types including single family homes, townhomes, and condos.
Available exclusively through the Buy Utah Homes network and participating lenders. This is a company funded grant, not a government or state program, and cannot be used for rental assistance or as a housing subsidy.
The Local Buyer Grant is a $2,500 buyer credit for qualified purchases in Lehi & Saratoga Springs. It helps reduce out of pocket costs at closing.
Lehi & Saratoga Springs grant Salt Lake County grants- Apply toward closing costs
- Use for interest rate buydown if eligible
- May be combined with Utah homebuyer programs when permitted
- Lehi & Saratoga Springs, Utah
- Single family homes, townhomes, and condos
- New construction and existing homes
How the $2,500 Local Buyer Grant Works
Financing is on approved credit and subject to standard underwriting. Your lender confirms eligibility and how the credit can be applied.
Work with a Buy Utah Homes approved agent so your purchase is eligible in Lehi & Saratoga Springs.
Pick a qualifying new construction or existing home in Lehi & Saratoga Springs. Manufactured and mobile homes are excluded.
At closing, the $2,500 buyer credit is applied per lender guidelines. No cash back is permitted.
- Works with many loan types - conventional, FHA, VA
- May be combined with Utah homebuyer programs when permitted
- Simple path to qualify with local experts
- Designed to help with real costs at the finish line
Final eligibility and how funds are used are determined by the participating lender and loan program.
Who Qualifies for the Local Buyer Grant
- Property location - The home must be in Lehi & Saratoga Springs, Utah.
- Type of home - Available for new construction or existing homes. Manufactured and mobile homes do not qualify.
- Representation - You must use a Buy Utah Homes approved agent.
- Financing - You must work with a participating lender.
- Creditworthiness - Financing is on approved credit and follows standard underwriting.
- Income eligibility - Buyers must meet income and qualification requirements as determined by the lender.
- Loan program eligibility - Works with many conventional, FHA, and VA loan programs, subject to lender approval.
- Program intent - This is home purchase assistance only. It is not a rental assistance or housing subsidy.
- Minimum purchase price - Homes must be priced at $300,000 or higher. All other eligibility rules still apply.
New Construction Buyer Incentives in Lehi & Saratoga Springs
Lehi & Saratoga Springs offers a range of new construction and quick move in options. The Local Buyer Grant can often be used alongside builder incentives when allowed by the lender and the builder.
- Pair the $2,500 credit with eligible builder credits
- Explore rate buydown strategies with participating lenders
- Compare HOA, lot premiums, and upgrade pricing
- Tour spec homes and model homes with an approved agent
All homes must be owner occupied and located within Lehi & Saratoga Springs boundaries.
- Homes for sale in Lehi & Saratoga Springs
- New construction Lehi & Saratoga Springs
- Salt Lake County down payment assistance
- First time homebuyer programs Lehi & Saratoga Springs
- Closing cost assistance Lehi & Saratoga Springs
Availability and incentives change often. Your agent will help confirm current options.
Frequently Asked Questions
- Is this the same as Utah Housing down payment assistance?
- No. This is a local program for Lehi & Saratoga Springs. In some cases it can be combined with Utah homebuyer programs when guidelines allow.
- Do I need to be a first time homebuyer?
- No. First time and repeat buyers can be eligible, subject to lender approval.
- Can I use the $2,500 on a new construction home?
- Yes. It can work on new construction and resale homes, subject to lender and builder guidelines.
- Can I receive the $2,500 as cash back?
- No. The credit is applied at closing toward allowed costs. No cash back is permitted.
- Are manufactured or mobile homes eligible?
- No. Manufactured and mobile homes are excluded.
- How do I qualify?
- Use a Buy Utah Homes approved agent, work with a participating lender, meet credit and income guidelines, and purchase in Lehi & Saratoga Springs.
Check Your Eligibility
Find out if you qualify for the $2,500 Local Buyer Grant in Lehi & Saratoga Springs. We will confirm lender options, approved agents, and how the credit can be applied to your purchase.
You can also call (801) 383-2776 for home grant and program assistance.
Grant availability is limited and may vary based on lender participation and closing timeline.
The $2,500 home grant is a company funded buyer credit provided by Buy Utah Homes at closing and is subject to lender and program guidelines. It is not a government or state grant program and cannot be used for rental assistance or as a housing subsidy. Not available on manufactured or mobile homes. Financing is on approved credit and subject to standard underwriting. Income and qualification requirements apply. The grant is made possible through Buy Utah Homes’ brokerage compensation at closing, and availability depends on signing a Buyer Broker Agreement and finalizing agreeable brokerage terms within the REPC. Equal Housing Opportunity.