Common Questions About Low Down Payment Mortgages in Utah
How can I buy a home with just 1% down in Utah? The 1% down conventional loan program is designed to help buyers get into homes with minimal upfront costs. By combining your own savings with down payment assistance—like the 2% we cover—you can make homeownership more affordable than you think. What down payment assistance […]
Houzd Mortgage Launches Innovative Conventional 1% Down Loan Program to Help Utah Homebuyers
Houzd Mortgage, a leading mortgage brokerage serving Salt Lake City and surrounding Utah counties, is excited to announce the launch of its Conventional 1% Down Loan Program, designed to make homeownership more accessible for first-time buyers and those struggling to save for a down payment. The Conventional 1% Down Loan Program allows qualified homebuyers to […]
How to Buy a Home in Utah with Just 1% Down
Buying a home in Utah just got a whole lot easier (and yes, we’re cheering right along with you). Thanks to an exciting new option available through Houzd Mortgage, you can now purchase a home with as little as 1% down — making homeownership more affordable and accessible for more Utah families. What Is the […]
Bridging the Gap: A New Path to Homeownership for ITIN and Non-Traditional Buyers
For many families, owning a home is a fundamental step toward stability and building a better future. But for ITIN holders and other non-traditional buyers, the road to homeownership has been filled with challenges. Take the Rodriguezes, for example. They saved diligently and managed to put down a significant down payment on their first home. […]
No savings? No problem. The new Dynamite Program changes everything.
If you’ve been waiting until you “save enough” to buy a home—stop waiting. The Dynamite Program just launched, and it’s flipping the script for buyers who don’t have cash sitting in the bank. Here’s what makes it different: it gives you 3.5% toward your down payment as a gift, not a loan. You don’t repay […]
The Truth About Down Payment Assistance: What Homebuyers Don’t Know
If you think you need 20% down to buy a home, you’re not alone. It’s one of the biggest myths in real estate. The truth? Most buyers purchase with just 3-5% down—and many qualify for Down Payment Assistance (DPA) programs that can cover part of their down payment and even closing costs. Yet, 83% of […]
STOP! Don’t Buy That Boat (Yet): 5 Surprising Ways to Sabotage Your Home Loan
Picture this: You are about to close on your dream home. Then, BOOM. The deal falls through because you financed a brand-new jet ski two days before closing. Who knew that buying a floating couch could sink your mortgage approval? Buying a home is exciting, but it is also a fragile process that can derail […]
Lock In Today’s Price, Get Tomorrow’s Rate
How Houzd Mortgage Helps You Win in Any Market In today’s ever-shifting housing market, potential homebuyers face the unique decision of when to take the plunge. The Federal Reserve has recently reduced the Fed funds rate by an additional 0.25% in November, setting the stage for future likely decreases in mortgage rates. For buyers, this trend points to an important opportunity: buy now […]
Improving Your Credit Score to Qualify for Better Mortgage Rates
When it comes to refinancing your mortgage, one of the most impactful factors that can determine the rate you qualify for is your credit score. A better credit score means lower interest rates, which directly translates into reduced monthly payments and long-term savings on your mortgage. If you’re considering refinancing, it’s essential to understand how […]
The Power of Mortgage Pre-Approval: Your First Step Toward Homeownership
Getting pre-approved for a mortgage is a powerful step toward homeownership. It signals that you’re ready to make an offer, start building equity, and turn your dream of owning a home into a reality. Why Mortgage Pre-Approval Matters For many aspiring homeowners, the journey begins with a vision—exploring neighborhoods, imagining life in your dream home, […]