Salt Lake Mortgage Broker Services

Salt Lake Mortgage Broker Experts?allow you to compare different loans with one another. When you can see all of the housing loans juxtaposed next to each other, you can find the best interest rates, terms and conditions for your Salt Lake home loan. Compare and save money with Salt Lake Mortgage Broker Services.

Why do you need home financing in Salt Lake?

First time home buyers have different needs than senior citizens with plenty of home equity built up. Salt Lake loan packages serve different functions.

If you want to construct your own home, then you will need a construction loan to pay the contractor. Once the home has been inspected and declared to be safe for occupancy, you will need to have a regular mortgage. Here are the mortgage broker services we offer:

  • Construction Loan
  • Home Purchase Loans
  • Home Refinance Loans
  • Home Equity Loans (HEL) & Home Equity Line Of Credits (HELOC)
  • FHA Loan
  • VA Loan

Qualification rules will differ based on the the type of loan you are trying to get.

Salt Lake Mortgage Broker Financing Packages Summary

Home Purchase Loans

Once the home is built, you will need a standard mortgage or home purchase loan. Choose from fixed or adjustable rate mortgages (ARM). The adjustable rate mortgages have interest rates that may fluctuate; these tend to be more affordable, but also carry more risk.

Home Refinance Loans

Sometimes, your life changes in unexpected ways. Home refinance loans allow you to replace your old mortgage with a new mortgage. Refinancing may allow you to get a lower interest rate.

Home Equity Loans (HEL)

After you have build up home equity (the amount of your mortgage paid off), you can borrow against this using home equity loans. This might be used for remodeling.

FHA Loan

The Federal Housing Administration (FHA) provides a government loan to help increase American home ownership.

VA Loan

The Veterans Administration (VA) loan is specially targeted to those who have served in the military.