As of October 1, 2011, HUD has reduced the FHA loan limits throughout the U.S., but of course we’re mainly concerned with what affect it will have on Utahns buying homes. According the HUD, based on the amount of FHA loans only about 3% of the loans made in 2010 under the old, higher limits would not be made today. I think this is a true case scenario. I certainly haven’t seen a lot of $729,750 loans. In fact I haven’t seen even one. That might be because it would take an income of $14,530 a month to qualify for a FHA loan that large, and there are not a lot of Utahns that make that kind of money. Only 6.5% of Utah households make more than $150,000 a year. The average annual household income in Utah as of the last census was $69,686 with the median being $55,642. In other words, 50% of Utah households qualify for less than a $245,000 FHA loan. With the lowest loan limit in Utah being $271,050, you can see that the lower loan limits will not keep many from buying homes using a FHA loan.
Here are the new loan limits for the state of Utah, county-by-county.
| County Name | One-Family | Two-Family | Three-Family | Four-Family |
| BEAVER | $271,050 | $347,000 | $419,425 | $521,250 |
| BOX ELDER | $271,050 | $347,000 | $419,425 | $521,250 |
| CACHE | $271,050 | $347,000 | $419,425 | $521,250 |
| CARBON | $271,050 | $347,000 | $419,425 | $521,250 |
| DAGGETT | $302,450 | $387,200 | $468,000 | $581,650 |
| DAVIS | $389,850 | $499,050 | $603,250 | $749,700 |
| DUCHESNE | $271,050 | $347,000 | $419,425 | $521,250 |
| EMERY | $271,050 | $347,000 | $419,425 | $521,250 |
| GARFIELD | $271,050 | $347,000 | $419,425 | $521,250 |
| GRAND | $271,050 | $347,000 | $419,425 | $521,250 |
| IRON | $271,050 | $347,000 | $419,425 | $521,250 |
| JUAB | $271,050 | $347,000 | $419,425 | $521,250 |
| KANE | $271,050 | $347,000 | $419,425 | $521,250 |
| MILLARD | $271,050 | $347,000 | $419,425 | $521,250 |
| MORGAN | $389,850 | $499,050 | $603,250 | $749,700 |
| PIUTE | $271,050 | $347,000 | $419,425 | $521,250 |
| RICH | $296,700 | $379,800 | $459,100 | $570,550 |
| SALT LAKE | $600,300 | $768,500 | $928,950 | $1,154,450 |
| SAN JUAN | $271,050 | $347,000 | $419,425 | $521,250 |
| SANPETE | $271,050 | $347,000 | $419,425 | $521,250 |
| SEVIER | $271,050 | $347,000 | $419,425 | $521,250 |
| SUMMIT | $600,300 | $768,500 | $928,950 | $1,154,450 |
| TOOELE | $600,300 | $768,500 | $928,950 | $1,154,450 |
| UINTAH | $271,050 | $347,000 | $419,425 | $521,250 |
| UTAH | $271,050 | $347,000 | $419,425 | $521,250 |
| WASATCH | $331,200 | $424,000 | $512,500 | $636,900 |
| WASHINGTON | $278,300 | $356,250 | $430,650 | $535,200 |
| WAYNE | $271,050 | $347,000 | $419,425 | $521,250 |
| WEBER | $389,850 | $499,050 | $603,250 | $749,700 |
