Jumbo Loans in Clearfield, Utah

Conforming loan limits are set annually by the Federal Housing Finance Agency. In most Utah counties, the limit for a single-family home is updated each year. Properties priced above this limit require jumbo financing. We can confirm the current limit for your county and help you determine whether conforming or jumbo financing is the right path. Some high-cost areas may have higher conforming limits.

Jumbo loans typically require a minimum credit score of 700–720, a down payment of 10–20% (some lenders offer 10% down with strong reserves), 6–12 months of reserves after closing, and a debt-to-income ratio below 43%. Requirements vary by lender, portfolio lenders often have more flexibility on income documentation and reserve requirements.

Not necessarily. The spread between jumbo and conforming pricing changes. Compare Loan Estimates. We will not publish a promised spread such as 0.125–0.25%.

Yes, but expect stricter requirements. Investment property jumbo loans typically require 25–30% down, credit scores of 720+, and 12 months of reserves. Rental income from the subject property may be used to qualify if supported by a lease or comparable rent analysis. We work with lenders experienced in investor jumbo financing.

The FrontRunner station is a significant amenity, tenants working in downtown SLC or at the University of Utah can commute car-free in about 55 minutes. Properties within walking or biking distance of the station often command a premium from applicants who want a car-optional commute. As UTA expands service frequency, this advantage should compound. Marketing listings with transit accessibility scores and commute times is effective.

Clearfield has approved plans for mixed-use development around the FrontRunner station, including higher-density residential, retail, and office space. This is a long-term play, construction timelines depend on market conditions and developer commitments. For investors, the transit-oriented development could lift surrounding property values but also introduce new rental supply. Positioning now in the station-adjacent area offers potential appreciation upside, though the timeline is uncertain.

Parts of Clearfield, particularly the western sections, fall within Hill AFB noise contours from military flight operations. F-35 training flights generate significant noise, especially during summer flying schedules. Properties in the higher noise zones may require disclosure and can experience slightly longer lease-up times. Conversely, they're often priced lower, which improves cash-on-cash returns. Many military tenants are accustomed to the sound and view it as a non-issue.