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Understanding the 28/36 Utah Mortgage Rule

Do I qualify for a mortgage

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?

Utah mortgage interest rates

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

What will your mortgage closings costs be?

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

Utah ARM loans

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

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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

Utah mortgage broker

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 ...

How Do You Qualify for a Jumbo Home Loan?

Utah jumbo home loans

If the house of your dreams is in an expensive area, you may need a jumbo home loan to become the owner. Federally-backed mortgage companies only guarantee loans that are under a c ...