Blog
What Mortgage Refinance Loan Closing Costs Can You Expect to Pay?
To make the right decision on whether or not to take out a mortgage refinance loan, you’ll need to consider not only your personal situation and the current interest rates, but a ...
Is a Fixed-Rate Mortgage Right for You?
Fixed-rate mortgages are the preferred choice for both Utah homebuyers and homeowners looking to refinance. But is it your best home loan option? With this type of mortgage, your i ...
What is PITI? Deciphering Your Home Loan Payment
Taking out a home loan is a tremendous financial investment, and your mortgage payment may end up being your largest monthly expenditure. As such, you may appreciate knowing where ...
FHA Loans — Mortgage Insurance Premium Requirements
FHA loans come with several benefits, including low credit score and low down payment requirements. However, if you choose this form of financing, you must pay mortgage insurance p ...
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 ...