Murray Home LoansFrom a Local Mortgage Broker
Looking for space, good schools and a neighborhood you won't outgrow? Murray delivers, and the right financing helps you compete for the home you want.
- Local market know-how
- Conventional & jumbo options
- Fast pre-approval
What loan limits apply to homes in Murray, Utah?
Murray 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
Murray sits in the center of the Salt Lake Valley, home to Intermountain Medical Center, Murray Park and Murray Central station, where TRAX and FrontRunner connect. Its neighborhoods mix historic homes near downtown Murray with mid-century ramblers and newer townhomes.
Moving up in Murray? Your current home's equity can do a lot of the work. We'll show you how to use it for your down payment, whether you sell first or buy first.
Murray at a glance
| Detail | Murray |
|---|---|
| County | Salt Lake County |
| Area | Mid-Valley & East Bench |
| Common ZIP codes | 84107, 84123 |
| Public schools | Murray City School District (most of the city); Granite in parts |
| 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 Murray buyers use most
Murray buyers and homeowners lean on these programs most.
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 Murray
- Most of Murray has its own school district, while some areas are served by Granite; check by address if schools matter to you.
- Working at Intermountain Medical Center? A home near Murray Central keeps your commute short by car or train.
- Selling one home and buying another? A HELOC or bridge loan on your current home can cover the down payment so you're not forced into a contingent offer.
- Buying near $832,750? Compare a conforming loan with a larger down payment against a jumbo loan; a small change can keep you under the limit.
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 Murray 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 Murray
Cottonwood Heights
Cottonwood Heights calls itself the city between the canyons, with Big and Little Cottonwood Canyons and four ski resorts just up the road.
Learn moreHolladay
Holladay is one of Salt Lake County's most established cities, known for large lots, mature trees and a walkable village center.
Learn moreMidvale
Midvale sits in the middle of the valley with three TRAX stations.
Learn moreAll areas we serve
Local guides for cities in Davis, Weber, Salt Lake and Cache counties. We're licensed throughout Utah.
Learn moreMurray Home Loan Questions
Murray's Redevelopment Agency has funded down payment loans through NeighborWorks Salt Lake, with limited funding each year. Statewide Utah Housing Corporation programs are also available. We'll check what's open when you're ready to buy.
If you love your Murray 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 Murray 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 Murray?
Get a pre-approval you can count on and a local broker who answers the phone. No pressure, no obligation.