2017 Conventional Loan Limits for Utah Counties

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What is a Fannie Mae and Freddie Mac?

Congress created the Federal National Mortgage Association in 1938 to boost the flailing housing industry. In 1970, congress created the Federal National Mortgage Corporation (Freddie Mac) to compete with Fannie Mae hoping decreasing mortgage rates. Fannie Mae and Freddie Mac are private corporations. You can purchase stock in these companies the same as you can with other corporations; the difference between these corporations and other corporations is that they’re protected by the Federal government from default. Fannie Mae and Freddie Mac purchase residential loans from the banks. In doing this, banks are able to extend unlimited amounts of money for home buyers. Fannie Mae and Freddie Mac then bundle mortgages, (also known as “securitization”) and ultimately sell these investments to investors. You can learn more about the history of Fannie Mae and Freddie Mac on Wikipedia.

What is a conventional mortgage?


With a little history out of the way, loans which will be sold to either Fannie Mae or Freddie Mac are called conventional loans. In other words, if the mortgage is not an FHA, VA (Veteran’s mortgage) or USDA (United States Department of Agriculture) loan, it is probably a conventional mortgage loan. FHA, VA and USDA mortgages are either insured or guaranteed by the Federal government.

Conforming loan


Fannie Mae and Freddie Mac have lending limits, see below. Mortgages at or lower than these limits are known as “conforming” loans, because they conform to the lending limit. Mortgages larger than these limits are called non-conforming or jumbo loans. Almost all US counties have a maximum mortgage limit of $424,100 for a single family residence, ($543,00) for two units, ($656,350) for three units & ($815,650) for four units. These limits are applicable for purchase and refinance mortgage loans.

Some US counties exceed the normal loan amounts. These loans are commonly known as as conforming jumbo loans because they conform to the Fannie Mae and Freddie Mac lending limit, although they surpass the typical limit.

2017 Conforming Loan Limits for Utah Counties

One-Unit is a single family home or condominium
Two-Unit is two separate living units (duplex)
Three-Unit three separate living units (triplex)
Four-Unit four separate living units (fourplex)


County Name Metropolitan Designation 2017 Loan Limit 1 Unit 2017 Loan Limit 2 Unit 2017 Loan Limit 3 Unit 2017 Loan Limit 4 Unit
BEAVER NON-METRO $424,100 $543,000 $656,350 $815,650
BOX ELDER OGDEN-CLEARFIELD, UT $424,100 $543,000 $656,350 $815,650
CACHE LOGAN, UT-ID $424,100 $543,000 $656,350 $815,650
CARBON PRICE, UT $424,100 $543,000 $656,350 $815,650
DAGGETT NON-METRO $424,100 $543,000 $656,350 $815,650
DAVIS OGDEN-CLEARFIELD, UT $424,100 $543,000 $656,350 $815,650
DUCHESNE NON-METRO $424,100 $543,000 $656,350 $815,650
EMERY NON-METRO $424,100 $543,000 $656,350 $815,650
GARFIELD NON-METRO $424,100 $543,000 $656,350 $815,650
GRAND NON-METRO $424,100 $543,000 $656,350 $815,650
IRON CEDAR CITY, UT $424,100 $543,000 $656,350 $815,650
JUAB PROVO-OREM, UT $424,100 $543,000 $656,350 $815,650
KANE NON-METRO $424,100 $543,000 $656,350 $815,650
MILLARD NON-METRO $424,100 $543,000 $656,350 $815,650
MORGAN OGDEN-CLEARFIELD, UT $424,100 $543,000 $656,350 $815,650
PIUTE NON-METRO $424,100 $543,000 $656,350 $815,650
RICH NON-METRO $424,100 $543,000 $656,350 $815,650
SALT LAKE SALT LAKE CITY, UT $600,300 $768,500 $928,950 $1,154,450
SAN JUAN NON-METRO $424,100 $543,000 $656,350 $815,650
SANPETE NON-METRO $424,100 $543,000 $656,350 $815,650
SEVIER NON-METRO $424,100 $543,000 $656,350 $815,650
SUMMIT SUMMIT PARK, UT $636,150 $814,500 $984,525 $1,223,475
TOOELE SALT LAKE CITY, UT $600,300 $768,500 $928,950 $1,154,450
UINTAH VERNAL, UT $424,100 $543,000 $656,350 $815,650
UTAH PROVO-OREM, UT $424,100 $543,000 $656,350 $815,650
WASATCH HEBER, UT $424,100 $543,000 $656,350 $815,650
WASHINGTON ST. GEORGE, UT $424,100 $543,000 $656,350 $815,650
WAYNE NON-METRO $424,100 $543,000 $656,350 $815,650
WEBER OGDEN-CLEARFIELD, UT $424,100 $543,000 $656,350 $815,650