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How to Buy a Home in Utah with Bad Credit
Many Utah residents think it isn’t possible to buy a home with bad credit. Fortunately, this isn’t the case. You can achieve your goal of becoming a homeowner, despite having a ...
Understanding the 28/36 Utah Mortgage Rule
How much house can you afford to buy? The answer may be found by examining the 28/36 mortgage rule. According to the rule, you should spend no more than 28 percent of your gross mo ...
What Is an Interest-Only Mortgage Loan?
If the monthly payment you can get with a fixed-rate home loan isn’t as low as you’d like, an interest-only mortgage loan may seem enticing. Not having to pay down the ...
Home Loan Closing Costs Explained
With a conventional home loan, closing costs are to be expected – and if you’re like many homebuyers, you have questions about the expense. At Intercap Lending, our profess ...
Reasons to Consider an Adjustable-Rate Mortgage
With an adjustable-rate mortgage (ARM), the interest rate you’ll pay – and, therefore, the amount of your monthly home loan payment — can fluctuate based upon the market. ...
Cash-Out Refinance Loan vs. Home Equity Line of Credit
Are you looking to borrow against the equity in your Utah home? You could go for a cash-out refinance loan, which replaces your current mortgage with a larger home loan and provide ...
What a Utah Mortgage Broker Can Do for You
You’re ready to become a homeowner, so you’re looking for financing – and working with a mortgage broker is to your benefit. How so? What does a mortgage broker bring to the ...