Which Loan Fits a Rural Utah Property?

It depends on the property and on you. USDA can work with no down payment in eligible areas if the home is your primary residence and your household income fits the limits. FHA works with a smaller down payment and lower credit scores. Conventional is usually the most flexible on property type once you have good credit and more down.

No. USDA and FHA are for a home you'll live in as your primary residence. Cabins used as second homes and vacant land usually need a conventional, second-home or land loan, often with 20% or more down.

Health and safety items: safe water, a working septic, a sound roof, working heat, and no major structural problems. Rural homes with a failing well or septic often need repairs before closing or a different loan.