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These loan limits are calculated and updated annually, and are influenced by the conventional loan limits set by Fannie Mae and Freddie Mac. The type of home, such as single-family or duplex, can also affect these numbers. For 2019, the FHA floor was set at $314,827 for single-family home loans.
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· The median home value in Salt Lake City is $397,600. Salt Lake City home values have gone up 11.5% over the past year and Zillow predicts they will rise 4.5% within the next year.
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Preferred Real Estate ProfessionalsParticipating – To become a VLB participating REALTOR®, please send your request to email@example.com or call 1-800-252-8387. Are you an existing VLB Realtor®? You may edit your information here.
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