USDA and FHA Pro and Con in Springville, Utah County, UT
In the year 2025, within the boundaries of Springville, located in Utah, UT, the USDA loan limit is established at $406,600. Concurrently, the FHA limit for a single-family home is set at $601,450, providing essential information for prospective buyers who are considering their financing options in the region.
To navigate the current lending landscape, utilize the Lendersa® USDA loan calculator to directly compare the best available USDA and FHA rates. This tool assists in identifying the necessary income levels, credit scores, reserves, and documentation required for loan qualification. Our comprehensive mortgage calculator provides a detailed side-by-side comparison of USDA, FHA, Conforming, and VA loans, empowering you to choose the optimal program in that fits your financial needs and circumstances.
2025 Loan Limits and Downpayment Requirements in Springville, Utah, UT
Loan Type
Loan Limit
Down payment
USDA
$406,600
0%
FHA
$601,450
3.5%
Conventional Conforming
$726,200
3%
Discover USDA and FHA Loan Options in Springville, UT
The mission of Lendersa® is to facilitate access to outstanding USDA or FHA loans quickly and effortlessly. Choose from three initial paths that will guide you to suitable lenders and the right USDA loan programs for your needs. This ensures an efficient process tailored to connecting with lenders perfectly aligned with your loan requirements.
A USDA home loan, also referred to as a USDA rural development loan or USDA mortgage, is an exceptional offering guaranteed by the government Department of Agriculture. It is exclusively available in rural areas, catering to the specific needs of rural homebuyers. Unlike FHA loans, which necessitate a minimum down payment of 3.5%, the USDA mortgage requires no down payment at all. This makes it a highly appealing option for eligible buyers seeking homeownership within rural regions.
We are a mortgage broker focused on finding lending solutions to the unique needs of our clients. We are proud to be known as the company that people can trust in the home loan industry.
We offer loan products from over a dozen lenders, which allows us to competitively shop for the best solutions in behalf our clients.
Low rates are a given. That’s why we’re Low Rate Mortgage. But it’s about so much more than low rates. It’s about your financial strength and future.
Your mortgage is much more than just the lowest rate. It’s a financial tool and asset that can enhance the quality and strength of your financial picture for years to come.
Bridget Morgan As a Mortgage Loan Officer, my team and I love helping our clients achieve their financial goals. Bridget received my degree in Accounting and I was born and raised in Las Vegas. I’ve lived in Utah for the last 11 years and I love being outdoors skiing, wakeboarding, or hiking. I’m a wife and mother of four beautiful girls.
"The Clawson Group is a Commercial Mortgage Lender specializing in financing income producing commercial real estate since 1979.
The Company serves its clients on a national basis focusing on the Intermountain West. The Clawson Group’s principle office is located in Salt Lake City, Utah with an additional office located in Boise, Idaho."
12884 South Frontrunner Blvd, Suite 140, Draper, UT, 84020
Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
13894 S Bangerter Pkwy, Suite 200, Draper, UT, 84020
Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
At LendRight Mortgage! My name is Rodney Rex, the owner and principal lending manager. I won’t bore you with facts about my 17-year history in this business. We are based in Draper, UT. We have shifted our workforce completely to remote work. If you need to send any physical mail correspondence, broker checks, etc.
"Preferred Processing Over seven years mortgage processing experience
· Strong relationship with title companies, appraisers and lending institutions
· Completed Leslie Peterson's Mortgage Educator classes as well as Desktop Originator/Loan Prospector training seminars
· Software - Calyx Point for Windows"
Castle Rock Financial, Mortgage brokers (like me) are home loan experts. Here’s why that’s great news for you: With access to multiple mortgage lenders and loan types, I’ll secure the best options available for your situation. Let me simplify the process so you close fast. DM to learn more
Altius Mortgage is dedicated to making your home loan process quick and easy. We help our clients apply and be approved for Utah mortgages, no matter what their credit or financial history looks like. Outside of exceptional rates and service, we also have the ability for you to track the progress of your home mortgage loan, all online.
Compass Lending Solutions. I have learned from the cycles and trends in the mortgage industry that you cannot trust much of what you hear. You have to find a trusted advisor, who will spend the time to determine your long term needs and provide safe and effective solutions that will be the most beneficial to you and your family.
Affinity Alliance Mortgage & Real Estate We are a local mortgage and real estate company based out of Draper, UT. Established in 2001, we have had years of experience in the market working with clients of all backgrounds. We have developed a business purely centered around our clients needs and visions and are passionate about helping others.
