2018 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 $453,100 for a single family residence, ($580,150) for two units, ($701,250) for three units & ($871,450) 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.

2018 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 2018 Loan Limit
1 Unit
2018 Loan Limit
2 Unit
2018 Loan Limit
3 Unit
2018 Loan Limit
4 Unit
BEAVER $453,100 $580,150 $701,250 $871,450
BOX ELDER $453,100 $580,150 $701,250 $871,450
CACHE $453,100 $580,150 $701,250 $871,450
CARBON $453,100 $580,150 $701,250 $871,450
DAGGETT $453,100 $580,150 $701,250 $871,450
DAVIS $453,100 $580,150 $701,250 $871,450
DUCHESNE $453,100 $580,150 $701,250 $871,450
EMERY $453,100 $580,150 $701,250 $871,450
GARFIELD $453,100 $580,150 $701,250 $871,450
GRAND $453,100 $580,150 $701,250 $871,450
IRON $453,100 $580,150 $701,250 $871,450
JUAB $453,100 $580,150 $701,250 $871,450
KANE $453,100 $580,150 $701,250 $871,450
MILLARD $453,100 $580,150 $701,250 $871,450
MORGAN $453,100 $580,150 $701,250 $871,450
PIUTE $453,100 $580,150 $701,250 $871,450
RICH $453,100 $580,150 $701,250 $871,450
SALT LAKE $600,300 $768,500 $928,950 $1,154,450
SAN JUAN $453,100 $580,150 $701,250 $871,450
SANPETE $453,100 $580,150 $701,250 $871,450
SEVIER $453,100 $580,150 $701,250 $871,450
SUMMIT $679,650 $870,225 $1,051,875 $1,307,175
TOOELE $600,300 $768,500 $928,950 $1,154,450
UINTAH $453,100 $580,150 $701,250 $871,450
UTAH $453,100 $580,150 $701,250 $871,450
WASATCH $453,100 $580,150 $701,250 $871,450
WASHINGTON $453,100 $580,150 $701,250 $871,450
WAYNE $453,100 $580,150 $701,250 $871,450
WEBER $453,100 $580,150 $701,250 $871,450