September 2026 HUD file

HUD-insured apartment loans in Utah

138 properties with 18,699 units carry FHA-insured mortgages in Utah, with $2.5 billion still owed. The median note rate is 3.545%, and 91 of them are below 4%.

138insured loans
3.545%median note rate
$2.5 billionbalance outstanding
5.54%median on loans endorsed in the last 12 months, all states

By program

223(f) purchase or refinance66
221(d)(4) construction or substantial rehab31
223(a)(7) refinance37
HFA risk-sharing3
241(a) supplemental1

Lowest rates with 10+ years left

These are the loans a buyer would most want to assume. Open one for the payment math.

Lowest note rates in Utah, at least 10 years to maturity
Property City Units Rate Balance Matures
Holladay on Ninth Apartments Millcreek 83 2.12% $10.3 million 2056
Calvary Tower Salt Lake City 30 2.12% $1.9 million 2055
Aspenwood Apartments West Valley City 172 2.17% $22.0 million 2056
Ico District South Jordan 258 2.19% $27.8 million 2061
Boulder Canyon Apartments West Jordan 280 2.2% $36.4 million 2055
Meadow at Riverwalk Midvale 256 2.26% $24.8 million 2060
Canyon View Apartments Cedar City 80 2.26% $5.1 million 2056
Parkway Lofts Orem 332 2.3% $53.6 million 2055
Orchards at 19th Roy 75 2.3% $12.5 million 2055
Orchard Gardens Apartments Bountiful 65 2.31% $6.7 million 2055
Tooele Gateway Apartments Tooele 160 2.32% $8.8 million 2055
Canyon View Apartments Orem 288 2.33% $38.7 million 2055
The Pointe Residential West Point 108 2.4% $19.7 million 2056
Outlook Apartment Homes Springville 260 2.41% $47.0 million 2057
The Ridge at Jordan Landing West Jordan 264 2.42% $9.5 million 2052

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Everywhere else in Utah

Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Apartment loans only; nursing homes, assisted living and hospitals in the same file are not counted.

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