Buying in Davis County in 2025? This local mortgage guide covers FHA, VA, USDA, Conventional, and Jumbo loans — plus loan limits and market trends specific to Davis County.
Davis County Mortgage Guide 2025: Loan Options Every Buyer Should Know
Why Davis County Buyers Need the Right Loan Strategy
Davis County housing prices are climbing but not as fast as in some parts of Utah. The average home value is about $547,879, up 1.8% over the past year. Condos are a bit more affordable, but the competition is real. When homes go on the market they tend to be claimed fast — having the right loan strategy could give you the move‑in advantage.
FHA Loans: A Solid Start for First-Time Buyers
FHA loans are backed by the Federal Housing Administration and remain a favorite among first-time buyers.
Down payment as low as 3.5%
Flexible credit requirements
Gift funds allowed for down payment and closing costs
✅ Best for: Buyers with lower credit or limited savings.
VA Loans: The Ultimate Benefit for Veterans & Active Duty
If you’re a service member, veteran, or surviving spouse, VA loans offer unbeatable benefits.
0% down payment
No PMI (private mortgage insurance)
Favorable interest rates
✅ Best for: Eligible military borrowers seeking low upfront costs.
USDA Loans: Zero Down for Rural Utah Areas
Most of Utah County is not USDA-eligible, but if you’re house-hunting outside the urban centers—think Eagle Mountain, Cedar Fort, or parts of Payson—you might qualify.
0% down payment
Lower mortgage insurance than FHA
Income and location restrictions apply
✅ Best for: Buyers considering rural or outlying areas.
Conventional Loans: The Flexible Middle Ground
Conventional loans remain the most widely used mortgage type across Salt Lake County.
Down payment as low as 3% (20% avoids PMI)
Competitive rates with strong credit
More options for second homes and investment properties
✅ Best for: Buyers with good credit and stable income who want flexibility.
Jumbo / Conforming Loan Limits in Davis County
For 2025, Davis County’s conforming loan limit is $806,500. The FHA loan limit is $744,050. Homes priced above the conforming limit will require jumbo loan terms.
✅ Best for: Buyers shopping in higher‑priced neighborhoods like Farmington, Fruit Heights, or Kaysville.
Which Loan Is Right for You?
There’s no one-size-fits-all mortgage. The best loan for you depends on your credit, income, military service, and the neighborhood you're targeting in Salt Lake County.
👉 That’s where I come in. As a broker, I work with over 200 lenders to match you with the right program — whether that means saving money upfront or locking in a low monthly payment.
FAQs About Davis County Mortgages
What’s the minimum credit score for a mortgage in Salt Lake County?
FHA: 580+ (3.5% down)
Conventional: 620+
VA: No official minimum, but most lenders prefer 580–620+
Are home prices dropping in Davis County?
Not really. Davis County home prices are still rising — about 1.8% year‑over‑year. There are more homes listed, but competition is still tight. Buyers need financing ready, especially in popular cities like Kaysville, Layton, or Farmington
Can I buy a home in Davis County with 0% down?
Yes, through VA loans if you qualify. USDA loans generally aren’t available within the county itself but may apply just outside its borders. I also work with lenders offering no-down-payment options based on credit and income.
Final Takeaway
Davis County remains one of the most desirable places to buy a home in Utah. Prices are up moderately, inventory is tighter than many would like, and loan programs with favorable terms will give you an edge. Have your finances lined up, try to stay flexible, and don’t delay when you find something you love.
📞 Ready to explore your options? Give Justin, That Mortgage Guy a call today to help you with your options. (855)-962-LOAN
