So you think you are paying too much on your Utah
mortgage loan or if you are on an ARM that is going to
expire soon? Lock in your home loan rates today for
another 5 years with a 5/1 ARM or perhaps a 30 year
fixed loan may be more suitable for you.
network of Utah mortgage lenders and brokers help
determine if your current mortgage payment can be
lowered by refinancing your Utah home mortgage today.
Some lenders in Utah even have no cost refinance
programs to lower out of pocket expenses.
Take a minute to fill out our no obligation mortgage
quote form and let us try to match you with local
lenders and mortgage brokers who can give you mortgage
options to consider. There is nothing to lose except a
few minutes of filling out a form. Imagine the
security of being able to lock in your rates for the
nex 5 years, or even 15 or 30 years.
When to Refinance in Utah?
Refinancing is not for everyone. The general rule of
thumb to refinance is if your current mortgage rate is
2% higher than what you can get now. There are various
reasons why your interest rate could be higher. You
could have had bad credit when you originally got your
first mortgage or the home loan rates were just higher
Another reason to refinance is if your adjustable rate
mortgage (ARM) is about to reset and become a yearly
adjustable rate mortgage which would almost definitely increase the home loan rates.
Learn More About Utah Mortgage Programs
Utah Interest Only Mortgage
Interest only mortgages are ideal for people looking to stay in their homes for less than 5 years. Consumers buying a home in a flat market should think twice about interest only home loans because they could potentially end up owing more money than the home is worth.
Bad Credit Mortgage in Utah
Bad credit borrowers, you no longer need to waste time getting rejected by traditional lenders and mortgage brokers who don't want to lend to you.