Hand Picked Top Lenders We Know, Trust and Recommend

Each of these individuals have their own unique qualities and loan programs 

Meet Our Mortgage Lenders

Guide: Key Steps to Buying a Home in Utah

1. Assess Your Financial Readiness

• Review Your Credit Score: Most Utah lenders require a score of 620 or higher.

• Calculate Your Budget: Include down payment (often 3-20% of purchase price), closing costs, and monthly expenses.

• Estimate Pre-Approval Amount: Use mortgage estimator tools to see what you can afford.

• Check for Assistance: Investigate Utah down payment assistance programs (programs list).

2. Get Pre-Approved for a Mortgage

• Contact Local Lenders: Shop rates and ask about first-time buyer incentives.

• Pre-Approval Letter: Strengthens offers and shows sellers you’re serious.

• Gather Documents: Proof of income, tax returns, bank statements, ID.

3. Hire a Knowledgeable Utah Real Estate Agent

• Find a Local Expert: Choose an agent familiar with your target neighborhoods.

• Discuss Your Needs: Share your priorities for location, schools, commute, and property type.

• Understand Representation: Utah agents work as buyer’s agents, listing agents, or dual agents—know who’s representing your interests.

4. Start House Hunting

• Online Listing Sites: Use Utah MLS, Zillow, Redfin, and local agent websites.

• Open Houses & Tours: Visit homes in person to assess neighborhood and property condition.

• Evaluate Priorities: Balance needs vs. wants; consider future resale value.

5. Make an Offer & Negotiate

• Market Analysis: Your agent will help determine a fair offer based on recent sales.

• Draft the Offer: Includes offer price, earnest money, and contingencies (financing, inspection, appraisal).

• Negotiate Terms: Be prepared for counteroffers; multiple offer situations are common, especially in urban areas.

6. Complete Due Diligence

• Home Inspection: Hire a licensed inspector to check the property for issues (including radon, termites, and earthquake risks common in Utah).

• Appraisal: Required by most lenders to verify the home’s value.

• Title Search & Insurance: Confirms no outstanding liens or ownership issues.

• HOA/CC&R Review: For condos or communities with associations.

7. Secure Your Mortgage

• Choose Loan Type: Conventional, FHA, VA, and Utah Housing loans each have different requirements and benefits.

• Rate Lock: Lock in your mortgage interest rate—timing can matter in a moving market.

• Finalize Application: Submit last required documents; lender will underwrite your loan.

8. Review & Sign Closing Documents

• Final Walkthrough: Verify that repairs are made and the property is as agreed.

• Closing Disclosure: Review loan terms, fees, and cash-to-close.

• Sign Documents: You’ll meet at the title or escrow office to finalize the purchase and get the keys.

9. Move In & Celebrate!

• Transfer Utilities & Services: Set up water, power, internet, and garbage collection in your name.

• Change Address: Update addresses with banks, postal service, and subscriptions.

• Enjoy Your New Home: Welcome to homeownership in Utah!