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  Salt Lake CityMortgage Lenders.com  
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  HOME ABOUT US FAQ RESOURCE CENTER CONTACT US LOCATE MORTGAGE LENDERS December 01, 2008
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Mortage Terms


  > Offer
Indication by a potential buyer of a willingness to purchase a home at a specific price generally put forth in writing.
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  > Title 1
An FHA-insured loan that allows a borrower to make non-luxury improvements like renovations or repairs to their home Title I loans less than $7500 dont require a property lien.
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  > Premium
An amount paid on a regular schedule by a policyholder that maintains insurance coverage.
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Did You Know?    
 
 
Shop Around When Buying A Home
When buying a home remember to shop around to compare costs and terms and to negotiate for the best deal. Your local newspaper and the Internet are good places to start shopping for a loan. You can usually find information both on interest rates and on points for several lenders.

 

 
   Welcome to Salt Lake City Mortgage Lenders. com
Buying a house is one of the most exciting decisions people make during life. Looking for the first new home is a joyful journey and at the same time the beginning of the hunt for loans and a good, qualified mortgage lender.

If you are in need of a mortgage or if you would like to speak to a qualified Salt Lake City mortgage lender, contact us today

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Contact different lenders and brokers for the best prices

Most people take out a mortgage during their life in order to buy or refinance a home, to make improvements to the property or to consolidate debts. In order to find the best mortgage it is recommended to contact several lenders and collect information. Home loans, for example, are available from several types of lenders:

• Thrift Institutions
• Commercial Banks
• Mortgage Companies
• Credit Unions

These different lenders will probably quote you different prices and shopping around for the best mortgage could save you a considerable amount of money. Mortgage brokers will assist you with the arrangements for transactions and they will contact different mortgage lenders as well so that you can choose from an array of mortgage offers.

 
Economic Condition of Households in Utah    
 
 
United States Rating Average In The Year Of 2000: Pay Per Job, Per Household Income, And Homeownership Rates. in Utah
Mean Average pay per job 2000 29,226
Rank 33
median household income 1998 to 2000* 46,539
rank 11
per capita income 2000 $23,364
rank 45
home ownership rates 2000 72.7%
rank 16

Source: utah.gov
 

Obtaining important cost information

Before signing anything, you should be completely clear about any down payments or other costs that are involved in the loan. Simply knowing the monthly payment won't suffice. Consider the following terms when it comes to your mortgage loan:

  • Rates
  • Points
  • Fees

If you are currently in need of a loan, if you have any questions regarding mortgage lenders or if you would like to speak to a qualified Salt Lake City mortgage lender, contact us today

Contact our Salt Lake City Mortgage Lenders


If you live in the following cities and need a mortgage lender you should contact our Salt Lake City mortgage lender as soon as possible:

  • American Fork
  • Bountiful
  • Brigham City
  • Cedar City
  • Clearfield
  • Draper
  • Kaysville
  • Layton
  • Lehi
  • Logan
  • Magna
  • Midvale
  • Ogden
  • Orem
  • Pleasant Grove
  • Provo
  • Riverton
  • Roy
  • Saint George
  • Salt Lake City
  • Sandy
  • South Jordan
  • Spanish Fork
  • Springville
  • Tooele
  • Vernal
  • West Jordan
       
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Salt Lake City Audio & Video    
 
  Brokers Urge New Scale For Jumbo Mortgages
Audio, RM, 48 Kbps, 2:58:00 AM, 8/19/2005

Reporter Scott Horsley reports on federally sponsored underwriters Fannie Mae and Freddie Mac back mortgages up to $369,000. Without federal underwriting, home buyers pay a higher interest rate.
Source: National Public Radio
 
 
Salt Lake City External Sites    
 
 

Mortgage Licensing
... and communicating with the borrower and lender. Utah Code ยง61-2c-102. ... Mortgage Statute and Rules (Study guide for Utah law portion of mortgag
Licensee Database
Mortgage Lender Agents. (Licensees on this list whose records are highlighted are INACTIVE because they have not passed the Utah Mortgage Lender Exam

 


Legal Disclaimers
The information provided on Salt Lake City Mortgage Lenders.com is not intended to be mortgage advice, but merely conveys general information related to mortgage issues commonly encountered.

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