VA Loan

VA loans play an important role in putting our military-serving citizens into a home of their own.

VA Loan

VA loans play an important role in putting our military-serving citizens into a home of their own.

VA Loan Benefits

For those who have served our country, a VA loan can be a great option.

Always talk with one of our experts to help you decide the best option for you.

check

No down payment

This is the signature benefit of VA home loans. Qualified buyers can purchase up to $424,100 in most counties in Utah before needing to put money down. For a full list of county limits check here.

check

No mortgage insurance

VA buyers don’t pay for mortgage insurance, but they do have an upfront funding fee that most choose to roll into the loan. The VA Funding Fee is paid to the VA and helps keep the loan program running. Buyers who receive compensation for a service-connected disability are exempt from this cost.

check

Lower interest rates

Veterans and military members also have access to the lowest-rate loan product out there.

check

Closing costs

VA buyers can ask a seller to pay all of their loan-related closing costs and up to 4 percent of the home’s value in concessions. Those concessions can cover a host of costs, from prepaid property taxes and homeowners insurance to paying a buyer’s funding fee.

Fixed Or Adjustable

Most loans can be financed at a fixed or adjustable rate. Each type has its advantages and disadvantages. Both are great options depending on what your looking for in your home financing needs.

Fixed Rate Most Popular

A fixed-rate loan has an interest rate that never changes for the life of the loan.

Ready to take root

If you plan on remaining in your home for a long period of time, a fixed-rate mortgage might be the option for you.

Peace of mind

Sleep better knowing that your interest rate and mortgage payment cannot change.

Adjustable Rate (ARM)

An adjustable-rate mortgage (ARM), the interest rate may go up or down over the life of the loan.

On the move

If you're only going to own your home for a set period of time, an adjustable-rate mortgage might be the option for you.

Lower inital

Decrease your monthly payments by taking advantage of the lowest available interest rate.