Utah Conventional & FHA 2019 Loan Limits by County

2019 Brings a Significant Bump in FHA and Conventional Loan Limits Across the State Conventional loan limits generally raised by 6.5%, except in Salt Lake and Tooele Counties, which were unchanged when compared to 2018. Similarly, FHA loan limits were also raised by approximately 6.5%, including in Salt Lake and Tooele Counties. The first [...]

2019-01-02T23:32:01+00:00January 2, 2019|Loan Update 101, Utah Real Estate|

3 Common Concerns Sellers Have About FHA Borrowers

For first-time homebuyers entering the real estate market, an FHA loan is an attractive option for an affordable residential mortgage for a number of reasons including lower credit score and down payment requirements. The same features that make the FHA loan program so attractive for buyers doesn't always seem so great from the seller's perspective. When sellers [...]

2017-11-22T16:42:24+00:00November 22, 2017|Economics 101, Loan Update 101|