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FHA home loans in Taylorsville, Utah: 3.5% down, flexible credit, and current county loan limits. Pre-qualify with a local licensed loan officer.
Compare loan options against Taylorsville's $410K median price point before you shop, refinance, or lock a rate.
Nearby Coverage
An FHA loan makes homeownership accessible in Taylorsville, where the median home price is $410,000. With just 3.5% down, your minimum down payment would be approximately $14,350, compared to $82,000 for a conventional 20% down payment. For first-time buyers in Taylorsville's Granite School District area, where the median household income is $60,000, the lower down payment requirement means you can start building equity years sooner. FHA loans are especially popular with buyers near Granite School District and Taylorsville City who have steady income but haven't had time to save a large down payment.
Taylorsville sits at Salt Lake County's geographic center, making it a 15–20 minute drive to practically anywhere in the valley. Daily life revolves around the Redwood Road and 5400 South commercial strips for groceries, dining, and services, the international restaurant scene along Redwood Road is a hidden gem with Vietnamese, Salvadoran, and Ethiopian options. UTA bus routes connect to TRAX in neighboring Murray for trips to the U of U or downtown SLC. Taylorsville Dayzz festival in summer brings rides, concerts, and a community spirit to the city park. Valley Regional Park and the Jordan River Parkway offer green space for evening walks and weekend recreation.
Median Home Price
$410K
Median Rent
$1,400/mo
Population
60,000
Annual Growth
1.3%
Avg Days on Market
20
Owner-Occupied
65%
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 review your income, credit, and savings to determine your FHA eligibility and purchasing power. Pre-qualification typically takes 24–48 hours and gives you a clear budget range for your home search.
Work with our local agents who know the neighborhoods, schools, and market conditions. We help you find properties that meet FHA property standards so there are no surprises at appraisal.
Our loan team manages the FHA appraisal, underwriting, and closing process. We coordinate with the seller's agent, title company, and FHA appraiser to keep your timeline on track.
School District: Granite School District
Notable schools: Taylorsville High School, Bennion Junior High, Vista at Entrada School of Knowledge
Central Salt Lake Valley suburb bisected by the Jordan River with convenient freeway access in all directions.
Outdoor Activities
Local Landmarks
The minimum credit score for an FHA loan with 3.5% down is 580. If your credit score is between 500 and 579, you may still qualify with a 10% down payment. These are FHA minimums, individual lenders may have overlays that require higher scores. We work with multiple FHA-approved lenders to find the best fit for your credit profile. If your score is below the minimum, we can recommend credit counseling resources to help you get mortgage-ready.
FHA loans require both an upfront mortgage insurance premium (UFMIP) of 1.75% of the loan amount and an annual mortgage insurance premium (MIP) paid monthly. The annual MIP rate depends on your loan amount, down payment, and term length. For most borrowers putting 3.5% down on a 30-year loan, the annual MIP is 0.55% of the loan balance. Unlike conventional PMI, FHA MIP remains for the life of the loan unless you refinance to a conventional loan after building sufficient equity.
Yes. FHA loan limits vary by county and are updated annually. In Utah County and Salt Lake County, the current FHA loan limit for a single-family home is significantly higher than the national baseline. We can confirm the exact limit for Taylorsville and help you determine if the median home price in your desired neighborhood falls within FHA limits. If you need a loan above the FHA limit, we can explore conventional and jumbo options.
Yes. The FHA 203(k) rehabilitation loan lets you finance both the purchase price and renovation costs in a single mortgage. There are two types: the Limited 203(k) for cosmetic improvements up to $35,000, and the Standard 203(k) for larger structural renovations. This can be especially valuable in older neighborhoods where homes may need updating. We guide you through the contractor selection and draw process.
Taylorsville and Murray share similar geography and commute access, but Taylorsville's median home prices run 10–15% lower, translating to better cash-on-cash returns. Murray has a more established commercial identity with its Fashion Place Mall area, which commands a modest rent premium. For pure investment returns, Taylorsville tends to outperform on yield while Murray may edge ahead on appreciation. Both are solid middle-market plays, and many investors hold properties in both cities to diversify within the submarket.
Taylorsville has no TRAX or FrontRunner stations of its own. UTA bus routes connect to TRAX stations in neighboring Murray, and I-215 and Redwood Road make most of the valley a short drive. Tenants who want a rail commute should compare rentals in Murray, where TRAX and FrontRunner meet at Murray Central.
Most Taylorsville rentals are in 1970s–1990s homes that benefit from cosmetic updates, LVP flooring replacing carpet, painted cabinets with modern hardware, updated lighting, and fresh exterior paint. Budget $15K–$25K for a comprehensive refresh that can add $200–$350/month in rent. Basement finishing in split-levels adds significant value by increasing bedroom count. Energy-efficient windows and smart thermostats appeal to the growing eco-conscious tenant segment and reduce utility disputes in properties where owners cover some utilities.
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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