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USDA rural development loans in Midvale, Utah: zero down in eligible areas. Check the eligibility map, income limits and guarantee fee.
Compare loan options against Midvale's $415K median price point before you shop, refinance, or lock a rate.
Nearby Coverage
USDA rural development loans offer zero-down financing in qualifying areas of Midvale and surrounding communities. With the median home price at $415,000, a USDA loan eliminates the need for a $14,525–$20,750 down payment entirely. Income eligibility in the Midvale area extends to households earning up to 115% of the area median income, approximately $63,250, which covers a large share of Midvale working families. Many buyers assume USDA loans are only for farmland, but eligible areas include suburban communities throughout Utah, check the USDA eligibility map to see if Midvale qualifies.
Midvale's central location makes it a launching pad, TRAX to SLC for a concert, I-215 to Big Cottonwood for skiing, or I-15 south to Lehi's tech campuses, all within 20–30 minutes. Daily errands happen along 7200 South and State Street, with an increasing number of restaurants and cafes near Bingham Junction. The Jordan River Parkway passes through for cycling and running. City parks and Midvale Harvest Days in fall are on the civic calendar. Mining- and rail-era street grids sit next to Bingham Junction mixed-use, which gives the city a transitional commercial mix. Taco trucks and craft cocktail bars coexist happily.
Median Home Price
$415K
Median Rent
$1,450/mo
Population
36,000
Annual Growth
2.0%
Avg Days on Market
19
Owner-Occupied
48%
Ondo city medians as of Aug 2026 — verify. Not an MLS pull, appraisal, BPO, or CMA. Population and annual growth are approximate and are not tied to a named public source here. Check the U.S. Census Bureau for official figures.
We verify two things: that the property location falls within a USDA-eligible area, and that your household income meets USDA guidelines (up to 115% of area median income). Many suburban Utah communities qualify: the boundaries may surprise you.
Once eligibility is confirmed, we process your loan application with USDA-approved lenders. Pre-approval includes income verification, credit review, and a determination of your maximum purchase price.
After your offer is accepted, the loan package goes through both lender underwriting and USDA review. We manage both processes in parallel to minimize delays. Typical closing timelines are 45–60 days.
School District: Canyons School District
Notable schools: Hillcrest High School, Midvale Middle School, Midvale Elementary
Centrally located in the valley with TRAX light rail and I-15 access, undergoing revitalization near the old smelter site.
Outdoor Activities
Local Landmarks
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 Midvale.
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.
Midvale's redevelopment, particularly Bingham Junction and other mixed-use projects, is gradually lifting property values across the city. The pattern is similar to South Salt Lake's evolution, new commercial and residential development can lift surrounding property values. Existing single-family homes in stable neighborhoods benefit from the improving city identity without being directly displaced. Investors who positioned early in this cycle have seen strong appreciation, and the trajectory appears sustainable given the city's transit advantages and central location.
Three TRAX stations give Midvale exceptional transit connectivity, tenants can reach downtown SLC in 20 minutes, the University of Utah in 25 minutes, or Sandy in 10 minutes without a car. This expands the applicant pool to households that want a car-light commute. Properties within a 10-minute walk of TRAX stations often command rent premiums of $75–$150/month and experience faster lease-up.
Check Midvale Police, Utah DPS, and published neighborhood-level dashboards for the specific block, and compare several recent years rather than a city-wide headline. Lighting, locks, and cameras are operational items we can address; they are not a substitute for current public data.
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Loan information is provided by Ondo Real Estate (NMLS ID on file). This is not a commitment to lend, a loan approval, or an offer of credit. Rates, terms, and payments shown are estimates for illustration only, are not a quote, and are subject to credit approval, underwriting, and market conditions. You are not required to use Ondo for financing to buy or sell with Ondo. Equal Housing Lender. Program rules, fees, and county loan limits change. Confirm the current published schedule and lender overlays. Nothing here is a quote, a lock, or a credit decision. Licensing and disclosures