Draper Home LoansFrom a Local Mortgage Broker
Mature trees, settled neighborhoods and homes with character: buying in Draper rewards preparation. We'll help you write an offer that sellers take seriously.
- Local market know-how
- Conventional & jumbo options
- Fast pre-approval
What loan limits apply to homes in Draper, Utah?
Draper is in Salt Lake County, where the 2026 limits for a single-family home are $832,750 for conventional loans and $637,100 for FHA loans. Loans above $832,750 are jumbo loans, and VA loans have no limit for veterans with full entitlement.
Reviewed by Kenny Farshchian, NMLS #1639863Updated
Established neighborhoods with staying power
Draper sits at the Point of the Mountain, with Corner Canyon's trail system, a FrontRunner station and TRAX Blue Line stations. The former state prison site is being redeveloped as The Point, a 600-acre community whose first phase broke ground in 2026, and the SunCrest neighborhood climbs into the mountains toward Utah County.
Older homes can hide surprises, from roofs to sewer lines. A thorough inspection, and a loan that can include repairs when needed, keeps your purchase on track and your savings intact.
Draper at a glance
| Detail | Draper |
|---|---|
| County | Salt Lake County |
| Area | South Valley |
| ZIP code | 84020 |
| Public schools | Canyons School District (Salt Lake County side) |
| Your loan officer | Kenny Farshchian, NMLS #1639863 · call or text (385) 758-5247 |
ZIP codes and school boundaries don't always follow city lines; confirm a specific address with your agent, the county or the school district.
Loans Draper buyers use most
The right loan depends on the home and the price. Here's what we see most in Draper.
Conventional Loans
From 3% down for qualifying first-time buyers, with mortgage insurance you can remove later.
Learn moreJumbo Loans
For homes priced above the $832,750 conforming limit.
Learn moreFHA Loans
3.5% down and flexible credit, up to $637,100 in Salt Lake County.
Learn moreRenovation Loans
Buy an older home and finance the updates in the same loan.
Learn moreHELOCs
Already own? Tap your equity without giving up your current rate.
Learn moreVA Loans
$0 down for eligible veterans and service members.
Learn moreSalt Lake County loan limits for 2026
These limits apply to single-family homes. Loans above the conforming limit are jumbo loans.
| Loan type | 2026 limit (1 unit) | What it means |
|---|---|---|
| Conventional (conforming) | $832,750 | Most homes in Salt Lake County fit under this limit. |
| FHA | $637,100 | 3.5% down with a 580+ credit score. |
| VA | No limit with full entitlement | $0 down for eligible veterans and service members. |
| Jumbo | Above $832,750 | Higher-priced homes; stronger credit and reserves. |
Sources: FHFA 2026 conforming limits and HUD 2026 FHA limits. Limits change each January.
What to know before you buy in Draper
- Part of Draper, including some SunCrest homes, is in Utah County, where the 2026 FHA limit is $601,450; we confirm the county for any address.
- Many Draper homes price above $832,750. Jumbo loans need stronger credit and cash reserves, so start gathering statements early.
- Many homes here are well established. Budget for updates, or use a renovation loan to roll them into your mortgage.
- Ask for a sewer-line scope on older homes; repairs can be costly and aren't always caught in a standard inspection.
Three steps to your keys
- 01
Get a real pre-approval
Share your income and assets once. We compare loan options from multiple lenders and tell you exactly what you can afford, usually within 24 to 48 hours.
- 02
Shop with confidence
Make offers in Draper with a pre-approval letter local agents trust, and a loan officer who answers the phone when your agent calls.
- 03
Close on time
We manage appraisal, underwriting and title, and keep you and your agent updated at every step until you get the keys.
We also serve cities near Draper
Sandy
Sandy is home to America First Field, where Real Salt Lake plays, plus Dimple Dell Regional Park and four TRAX Blue Line stations.
Learn moreWhite City
White City is a small residential city of less than one square mile, surrounded by Sandy.
Learn moreSalt Lake City
Salt Lake City is Utah's capital and largest city, with neighborhoods ranging from the historic Avenues and Sugar House to Rose Park, Glendale and the east bench.
Learn moreAll areas we serve
Local guides for cities in Davis, Weber, Salt Lake and Cache counties. We're licensed throughout Utah.
Learn moreDraper Home Loan Questions
Only for FHA. Draper spans Salt Lake and Utah counties. The 2026 conforming limit is $832,750 in both, while the FHA limit is $637,100 in Salt Lake County and $601,450 in Utah County. We'll confirm the county for the home you choose.
If you love your Draper location, a HELOC or renovation refinance can fund updates without giving up your current mortgage rate. If you need more space than you can add, moving may make more sense. We'll run both scenarios with you.
Often, yes. Depending on your income and equity, you may qualify while carrying both payments, or you can use a HELOC or bridge loan on your current home for the down payment. We'll look at which approach fits.
Yes. We're a mortgage broker based in Layton, serving Draper and communities across Salt Lake County. You can meet us in person, work by phone or video, and apply securely online.
Ready to buy in Draper?
Get a pre-approval you can count on and a local broker who answers the phone. No pressure, no obligation.