USDA Loans in Centerville, Utah

USDA eligibility is determined by the property's location, not the buyer's address. Many suburban Utah communities outside Salt Lake City's urban core qualify. The USDA eligibility map is updated periodically, and areas can be added or removed. We check the current map for every property you're considering and can provide a list of USDA-eligible neighborhoods in Centerville.

USDA income limits are set at 115% of the area median income and vary by county and household size. The income of all adult household members is counted, not just the borrowers on the loan. This is different from conventional loans which only consider borrower income. We calculate your specific eligibility based on your household composition and location.

USDA loans typically take 45–60 days to close because the loan must pass through both lender underwriting and USDA review. We manage both processes in parallel and submit a complete package to minimize back-and-forth. Setting realistic timeline expectations with the seller upfront helps avoid issues during the transaction.

Yes, USDA loans can finance manufactured homes that are permanently affixed to a foundation, meet HUD standards, and are classified as real property. The home must be new or an existing manufactured home already financed by a USDA loan. Site-built homes, condos, and townhomes in eligible areas are also covered.

Centerville and Bountiful share I-15 proximity, but Centerville tends to be slightly more affordable and less hilly than Bountiful's east bench. Centerville's Parrish Lane is more commercially developed than Bountiful's Main Street, giving it a slight edge in walkable errands. Both are in the Davis School District with quick SLC access. For investors, Centerville may offer marginally better yields, while Bountiful's east bench commands higher absolute rents. Both are strong, stable markets with low turnover.

A 3-bedroom single-family home in Centerville typically rents for $1,800–$2,200, with 4-bedroom homes reaching $2,200–$2,600 depending on condition and location. Townhomes and condos range from $1,400–$1,800. These rents are competitive with Bountiful and slightly below Farmington. The key differentiator is very low vacancy, well-priced properties often receive applications within the first week of listing, and renewals are common with modest annual increases.

Centerville has limited undeveloped land, and much of the remaining open space faces development challenges (steep terrain, wetlands, or established zoning). Some infill projects and tear-down/rebuilds occur sporadically. This supply constraint is actually a benefit for existing property owners, without new competition flooding the market, existing inventory maintains its value and rental demand. The city's General Plan prioritizes maintaining neighborhood character over density increases.