Draper Housing Market
Draper's premium location commands higher prices, and the market includes both established hillside homes and newer developments in the south end. Jumbo loans are common here for higher-priced properties. The city's proximity to Point of the Mountain tech companies drives demand.
Mortgage Programs Available in Draper
Utah Housing programs. Conventional and jumbo loans common. FHA available for qualifying properties. Salt Lake County DPA up to $20,000 for first-time buyers meeting income limits.
Loan Options for Draper Home Buyers
FHA Loans
3.5% down, credit scores from 580+
Conventional Loans
As low as 3% down, competitive rates
VA Loans
Zero down for veterans & military
USDA Loans
Zero down in eligible rural areas
Down Payment Assistance
Grants & programs to reduce costs
First-Time Buyer Programs
Special programs for new buyers
Why Work With Felix Vivanco in Draper?
Felix Vivanco is a licensed mortgage loan officer (NMLS #2002977) based in Lehi, Utah — right in the heart of the Wasatch Front. With over six years of experience and 106 five-star Google reviews, Felix has helped hundreds of Utah families navigate the mortgage process. He specializes in finding the right loan program and down payment assistance for each client's unique situation.
Felix is bilingual in English and Spanish, making the mortgage process accessible to Draper's diverse community. Whether you're a first-time buyer, veteran, or looking to refinance, Felix will find the best rate and program for you.
Learn more about Felix Vivanco →
Frequently Asked Questions — Draper Mortgages
What is the median home price in Draper?
The median home price in Draper is approximately $600,000, higher than the Salt Lake County average. Draper's premium location at the base of the Wasatch Mountains and proximity to tech employers in the Point of the Mountain corridor drive demand.
Does Draper have jumbo loan options?
Yes. Many Draper homes exceed conforming loan limits, making jumbo loans common in this market. Felix Vivanco can help you compare jumbo loan programs with competitive terms for higher-priced properties in the Draper area.
What down payment assistance is available in Draper?
Salt Lake County DPA of up to $20,000 is available for first-time buyers who meet income requirements. Utah Housing Corporation programs are also an option. However, some Draper homes may exceed DPA program price limits, so eligibility varies by property.
Is Draper a good investment?
Draper has seen consistent home value appreciation driven by strong school ratings, mountain access, trail systems, and the growing tech corridor at Point of the Mountain. The city's desirability and limited buildable land support long-term property values.
Ready to Buy a Home in Draper?
Get pre-approved or schedule a free consultation with Felix Vivanco.