One Step Construction Loan Information
A one-step, also known as a single close, loan from UT-Real-Estate-Mortgage .com is a construction loan where we provide both the construction financing and permanent financing in a single loan to Utah residents. During the construction phase, periodic draw payments are made to the builder based upon work completed. You make monthly interest payments to UT-Real-Estate-Mortgage .com during the construction phase and at completion the loan modifies to a permanent loan. The construction interest rate and permanent loan rate can usually be locked in to protect the buyer from increases in interest rates during construction. Some advantages to a one-step construction loan are that a single lender is used throughout the process, there may be local and federal tax advantages of a single step loan, and closing costs duplication is minimized. This type of construction loan has more requirements so contact UT-Real-Estate-Mortgage .com today to see whether you qualify or not.
Welcome to UT Real Estate Mortgage .com
UT Real Estate Mortgage .com offers all the information you need to help you in obtaining a home loan or mortgage in the state of Utah. UT Real Estate Mortgage .com is locally owned and operated to ensure you a friendly and hospitable environment, therefore UT Real Estate Mortgage .com is Utah's professional mortgage broker of choice. We are also licensed to provide Utah mortgages and home loans, UT jumbo loans, stated income and self employed in UT second mortgages and Utah refinance loans, UT fixed rate mortgages, UT Debt Consolidation loans, and home mortgage loans in Utah.
Home Equity Credit Line
A home equity line of credit from UT Real Estate Mortgage .com may be a useful source of credit for Utah residents who own their own homes outright and need to borrow money. It can provide you with a large amount of money at relatively low interest rates and can grant you certain tax advantages unavailable with other kinds of loans. See your Utah tax advisor for more details. An important detail to keep in mind when setting up a home equity line with UT Real Estate Mortgage .com is that you are putting your home down as collateral for any money borrowed so make sure you can pay back what was borrowed. Another fact to keep in mind is that these loans have a final balloon payment, which is a large single payment, at the end of the loan period. Speak to a UT Real Estate Mortgage .com representative if you are planning on opening a home equity credit line and we can help choose the program that is right for you.
UT Real Estate Information
At UT Real Estate Mortgage .com we offer real estate information for Utah and the cities within. Below is a brief list of some key areas where we offer our services, please browse through the information given about the areas to help guide you in finding a great location. If the area you are currently searching for is not listed below, then please contact one of our mortgage and real estate professionals today at 801.756.5998.
