Your home is more than just a place to live—it’s where memories are made, where futures are built, and where you should feel most comfortable. That’s why Utah First offers a variety of mortgage options designed to meet the diverse needs of our members. Whether you’re a first-time homebuyer, an experienced homeowner, or planning to build from the ground up, we have a loan tailored to you.
Buying a home is a major milestone, and we’re here to help you every step of the way. Our home mortgage options feature competitive rates, flexible terms, and a straightforward process to get you into your new home quickly. We offer both fixed-rate and adjustable-rate mortgages, allowing you to choose a loan that best fits your financial goals. Fixed-rate mortgages provide stability with predictable monthly payments, while adjustable-rate mortgages offer lower initial rates that may be ideal for those planning a shorter stay in their home.
For first-time homebuyers, we understand that navigating the mortgage process can feel overwhelming. That’s why we offer resources, expert guidance, and loan programs designed to make homeownership more accessible. From down payment assistance options to low-interest loan programs, we’ll help you take the right steps toward buying your first home with confidence.
Your home is one of your biggest financial assets, and a home equity loan allows you to put that equity to work for you. Whether you’re looking to renovate your space, pay off high-interest debt, or fund a major life event, our home equity loans provide a smart and affordable way to access cash. With fixed interest rates and predictable monthly payments, you’ll have the confidence to move forward with your plans.
A home equity loan can be a great option if you need a lump sum of money for a specific purpose, such as remodeling your kitchen, consolidating credit card debt, or covering medical expenses. Unlike personal loans, home equity loans typically offer lower interest rates because they are secured by your home.
For those who need ongoing access to funds, a home equity line of credit (HELOC) may be a better fit. A HELOC allows you to borrow as needed, similar to a credit card, giving you flexibility to use your home’s equity when you need it most. Whether you’re preparing for home improvements or managing unexpected expenses, a HELOC provides a convenient and cost-effective financing option.
If you’re dreaming of building a custom home, our residential construction loans are designed to make the process smooth and affordable. We provide flexible financing options to help cover construction costs, ensuring that your vision becomes a reality without financial stress. From the initial blueprint to move-in day, we’ll be there to support your journey.
Construction loans differ from traditional mortgages because they are short-term loans that provide funds in stages as your home is built. During the construction phase, you’ll typically make interest-only payments based on the amount drawn. Once construction is complete, the loan can be converted into a permanent mortgage, allowing for a seamless transition into your new home.
Building a home comes with unique challenges, but we make the financing process easy. Whether you’re working with a contractor or building on your own lot, our experienced loan officers will help structure a loan that meets your needs. With options for owner-builders and professional contractors, we ensure you have the right financing in place to complete your project successfully.
Before you start house hunting, getting pre-approved for a mortgage can give you a clear picture of your budget. A pre-approval letter also strengthens your offer when making a bid on a home.
We’ll help you choose the right mortgage for your situation, whether it’s a fixed-rate loan, adjustable-rate mortgage, or government-backed loan. Our loan experts will take the time to explain your options so you can make an informed decision that fits your long-term financial goals.
Our team will guide you through the application, gathering necessary documents such as income verification, credit history, and property details. We’ll also keep you updated throughout the process, so you’re never left wondering what’s next.
Once your application is submitted, we’ll review all information to ensure everything meets loan requirements. Our underwriting team works efficiently to verify details and clear any conditions, moving your loan toward final approval.
After final approval, we’ll schedule your closing so you can sign the final paperwork and officially become a homeowner! We’ll walk you through each document so you feel confident and prepared when receiving the keys to your new home.
Whether you’re buying, refinancing, or building, Utah First is here to help you navigate the mortgage process with ease. Ready to take the next step? Explore our home mortgage options, apply online, become a member or speak with one of our friendly mortgage experts today. Your dream home is closer than you think. Let’s make it a reality together!
GET STARTED