USDA and FHA Pro and Con in Draper, Salt Lake County, UT
During 2025, the USDA loan limit for Draper in Salt Lake County, UT, is set at $418,600. In contrast, the FHA loan limit for a single-family residence is $619,850. Knowing these limits is crucial for potential homebuyers to plan their financing effectively.
Employ the Lendersa® USDA loan calculator to assess current USDA versus FHA rates. It allows you to evaluate necessary income, credit, reserves, and required documents for eligibility. This advanced mortgage calculator lets you seamlessly compare USDA, FHA, Conforming, and VA loans side by side, assisting you in making informed decisions regarding which program in is best suited for your specific financial conditions.
Detailed Loan Limits and Downpayment Requirements for 2025 in Draper, Salt Lake, UT
Loan Type
Loan Limit
Down payment
USDA
$418,600
0%
FHA
$619,850
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Options in Draper, UT
The purpose of Lendersa® is to swiftly secure the most advantageous USDA or FHA loan for you, without unnecessary complications. Commence your journey by selecting one of three starting points that will effectively match you with suitable lenders and USDA loan programs tailored to your needs.
The USDA home loan is a financial product sanctioned by the Department of Agriculture and commonly referred to as the USDA rural development loan or USDA mortgage. It is specifically available in rural locales. Unlike FHA loans, which necessitate a minimum down payment of 3.5%, the USDA mortgage requires absolutely no down payment. This distinctive feature makes it an appealing option for those eligible individuals seeking to purchase in rural regions.
16275 Monterey Rd, Suite K, Morgan Hill, CA, 95037
A comfortable, stable home is a financially healthy home. Nordic Home Loans was born from a passion for helping people navigate the complex mortgage industry. Our approach to creating a stress-free loan experience is rooted in our Scandinavian heritage. NORDIC IS WHITE COLLAR PROFESSIONALISM AND A BLUE COLLAR WORK ETHIC IN A GOLF SHIRT INDUSTRY.
18181 Butterfield Boulevard, Suite 170, Morgan Hill, CA, 95037
Pacific Coast Mortgage Company believes the loan process should be painless. That's why we're here to partner with you for the life of your loan. Whereas banks only offer their own products, we source the entire open market to custom tailor valuable solutions for your unique needs.
16275 Monterey Road, Suite K, Morgan Hill, CA, 95037
Integrity. We believe it all begins here. If we are people of integrity, in a business that is not always known for it’s “honesty” we will be set apart from our competition. We strive hard to adhere to all government regulations. But that’s only the start. We also communicate clearly with you the client on your options, benefits.
17485 Monterey Road, Suite 202, Morgan Hill, CA, 95037
At Global Mortgage we strive to make you a client for life. We want to be your first choice each and every time you need a home loan. We always try to go above and beyond for you so that you will always feel confident referring your family and friends to us for their mortgage financing needs.
21777 Ventura Boulevard, Suite 211, Woodland Hills, CA, 91364
Woodland Hills Mortgage Corporation, Real Estate Broker, CA Dept of Real Estate #01901462 NMLS #752237, was founded in 1990 as a private lending institution to fund “make sense” loans that banks won’t make. We knew these bank rejected borrowers still needed mortgage assistance that we could provide
5525 Oakdale Avenue, Suite 150, Woodland Hills, CA, 91364
After 35 years in mortgage lending, Empire of America established itself as an effective and knowledgeable mortgage lending firm that knows how to move with the times.
With a wide variety of loan products available, a completely secure online platform, and literally ZERO salespeople, you'll find you can easily talk through your home loan opti
20501 Ventura Boulevard, Suite 311, Woodland Hills, CA, 91364
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
At Innovation Lending Solutions we believe in funding your loan quickly and professionally. In today's market you need a quality and experienced mortgage lending team to fund your loan in a timely manner. Let us help your family today.vation Lending Solutions we believe in funding your loan quickly and professionally.
Our goal is to share with you invaluable information about buying and selling homes in Southern California. In addition to being able to search the Multiple Listing Services for the latest single family homes, townhouse and condo listings, you can set up an email Listing Alert system that will keep you up to date
22543 Ventura Boulevard, Suite 212, Woodland Hills, CA, 91364
Referral Lending can help you reach your financial goals. We offer a full range of low rate mortgage products for the conforming and non-conforming borrower. At Referral Lending, we are dedicated to customer service and satisfaction with a focus on your individual needs. One of our primary sources of business is from referrals, generated.
