Brokered Utah Housing Loans

If you’re a mortgage broker whose client is seeking to finance a home with a Utah Housing loan, you can partner with Bank of Utah as a third-party originator for:

  • Underwriting
  • Closing
  • Shipping of documents to UHC

Bank of Utah is proud to support the Utah Housing Corporation’s mission to provide reasonable-rate mortgage loans to low- and moderate-income individuals and families.

As a community bank, we understand the value of relationships and are committed to providing you and your client with fast, friendly, expert service.

Become an Approved Broker

To work with Bank of Utah on UHC loans, you must be an approved broker.

To become an approved broker, submit the following to Bank of Utah:

  • Current balance sheet and income statement (within the last two months)
  • Last two years’ tax returns
  • Copy of business license in good standing with the state or city (must be in business for two years)
  • Copy of corporate resolution, indicating who is an authorized signer of the company
  • Resumes on company principles
  • Written quality control plan
  • Two business references (name, phone number and nature of relationship)
  • Authorization for Bank of Utah to check your credit history

Start Broker Approval Process

Learn More about UHC and the Loan Process

Before submitting a UHC loan to Bank of Utah, review the following resources, to ensure your borrower qualifies and to learn more about the fees and the loan process:

Submit a UHC Loan to Bank of Utah

After you become an approved broker, determine if your borrower qualifies and learn more about the process, you can partner with Bank of Utah for UHC loans. Follow these steps*:

*Please note: The form, portal and requests are all accessed behind the same login screen. Once you enter your name and email address, you'll be routed to the desired location based on the step you select below.

Step 1:

Complete the loan submission form.

Step 2:

Upload all loan documents via Bank of Utah's secure portal, and await a call from a loan processor to review next steps.

For more information, call 801-409-5056.


Frequently Asked Questions


How long does the broker-approval process take?

The broker-approval process typically takes up to 5 business days.

How do I learn what the guidelines and requirements are for Utah Housing Corporation loans?

The Utah Housing Corporation website features detailed information on guidelines and requirements.

How long does the loan process take?

UHC loan processing takes approximately 30 days.

How do I know if my client qualifies for a Utah Housing Corporation loan?

Review UHC's eligibility requirements, including income limits and purchase price limits, on the organization's website.

What are the current Utah Housing Corporation interest rates?

The Utah Housing Corporation lists the current interest rates on the home page of its website.

Does Bank of Utah communicate with my client about the loan, or do all communications go through me, as their broker?

Bank of Utah only communicates information about the loan to you, as the broker.

Can I broker all Utah Housing Corporation programs through Bank of Utah?

Yes! Bank of Utah provides broker services for all UHC programs. Please note that the conventional program does require us to pull our own credit report. You can find details on the programs here.

Can the borrowers use grants or program assistance in conjunction with a UHC loan?

Yes, click here for more information on the programs offered.

Bank of Utah is a proud partner of the Utah Housing Corporation

For more information about UHC, its loans and processes, click here.

utah housing corporation logo