How the Right Mortgage Broker Can Save You Money

If you want to buy a home in Orem, Utah, having the right mortgage broker in your corner can make all the difference.

Becoming a homeowner is a huge milestone, and while the journey is incredibly rewarding, it’s also quite challenging. Working with a trusted mortgage broker makes everything easier, allowing you to enjoy the home-buying experience. And given their grasp of the lending industry, a broker can help safeguard your hard-earned cash. Here’s how.

Right Mortgage Broker

Sources for Home Financing in Orem, Utah

When you’re ready to buy a home, you could look to get a mortgage from any of the following sources:

Conventional Banks

Home loans are offered by most banks in Orem, Utah, and you can apply for a mortgage in person, online or over the phone.

Credit Unions

Much like conventional banks, credit unions in the Orem area also offer home loans – but being a member is a must to get a mortgage.

Mortgage Companies

Specializing in home loans, refinancing and second mortgages, these financial institutions typically provide services online.

What about mortgage brokers? They’re like professional matchmakers, and it’s their job to find the home loan that works best for each borrower. But brokers don’t simply shop around for lending options – they also offer advice and guide would-be homebuyers through the financing process.

Ways the Right Mortgage Broker Can Help You Save Money

Choosing to work with an experienced mortgage broker can be a game-changer when it comes to your savings over the life of your home loan. Their expertise can help ensure that you get a mortgage with:

  • A competitive interest rate – Not only does a lower interest rate translate to lower monthly payments, but it also means paying less overall.
  • Fewer fees – A broker can find a lender that charges less for processing and funding a home loan, saving you money upfront and over time.
  • Flexible terms – By connecting you with a mortgage with terms that meet your budget, a broker can help you avoid costly refinancing.

And for any Orem homeowner interested in refinancing, working with a broker is a good way to make sure it’s a cost-effective move. Take advantage of their services, and you can save money now and in the future.

Turn to Intercap Lending for Top-Notch Mortgage Broker Services

At Intercap Lending, our goal is to help make homeownership affordable for everyone in Orem, Utah. We advocate for borrowers of all income levels, and we match people with conventional loans and government-backed financing, including FHA loans, VA loans and USDA loans. We’re also the go-to source for refinancing, second mortgages and reverse mortgages.

For more information on our services – or to discuss your home loan needs with a trusted and experienced mortgage broker – contact Intercap Lending in Orem, Utah, today.