Home Improvement

What is the FHA Loan Limit in Utah for first time Homebuyers?

For first time homebuyers in Utah, securing a home buying mortgage can be a huge challenge. Did you know that Utah housing first time home buyer programs could assist? The Federal Housing Administration is a good example of the Utah Housing Down Payment Assistance Programs in Utah. Therefore, if you are worried about raising the 20% down payment, take advantage of the First time home buyer programs Utah.

If you are considering FHA home mortgage, it is important that you understand the FHA loan limits.

FHA Loan Limits

The FHA mortgage lending limits vary based on the housing type and the state where the property is located.

The FHA loan limit defines the maximum amounts that the FHA will insure for different categories of home mortgages. Moreover, the FHA lending limits are influenced by the conventional loan limits set by Fannie Mae and Freddie Mac.

What is the FHA Loan Limit in Utah?

Therefore, since you are purchasing a property in Utah, you would be interested in finding out the FHA loan limits in Utah. Remember that the FHA loan limit is calculated updated annually. Therefore, the FHA loan limit in 2019 is different from what it is in 2020.

Therefore, for Utah first time homebuyers, you would ask what the FHA loan limit in Utah is for first time homebuyers.

Lending limits for FHA in Utah vary from one county to another. Moreover, it depends on the type of property that you are purchasing. For instance, a Single-family dwelling will vary from Four-Plex. The FHA lending limits in Beaver County is different from the FHA lending limit in Cache County.

Here is an overview of FHA loan limits in different counties within Utah, as at 23 January 2020.

Beaver County – Non-Metro

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Box Elder County-Ogden-Clearfield, UT

Single $646, 300

Duplex $827,400

Triplex $1,000,100

Four-Plex $1,242,900

Cache County-Logan, UT-ID

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Carbon County – Price, UT

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Daggett County – Non-Metro

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Davis County Ogden-Clearfield, UT

Single $646, 300

Duplex $827,400

Triplex $1,000,100

Four-Plex $1,242,900

Duchesne County-Non-Metro

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Emery County –NON-Metro

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Garfield County- Non-Metro

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Grand County

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Iron County

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Kane County

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Millard County

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Plute County

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

San Juan County

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Sanpete County

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Sevier County

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Uintah County

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Wayne County

Single-$331, 760

Duplex $424,800

Triplex $513,450

Four-Plex $638,100

Tooele County

Single-$416,300

Duplex $532,950

Triplex $644,200

Four-Plex $800,600

Utah County

Single-$401,350

Duplex $513,800

Triplex $621,050

Four-Plex $771,850

Therefore, checkout the FHA lending limits in your country before you consider applying for the FHA Home mortgage.