Call us : 801-206-4343

Apply Now

SERVICES
OFFERED

Explore our diverse range of mortgage services. Browse through our selection of first-time home buyer programs, refinancing options, investment property loans, and more. All aimed at helping you achieve your home ownership goals with ease and confidence

OUR PROGRAMS

Conventional

A popular choice for buyers who are looking for a traditional mortgage product. These loans are not government-insured or guaranteed. Borrowers typically needs a higher credit score and a down payment in order to qualify. Conventional loans usually come with more flexible repayment terms and lower interest rates compared to other loan programs.

FHA

FHA Government-insured loans that are designed to help individuals and families who may not be able to qualify for conventional loans. These loans typically require a lower credit score and a lower down payment, making them a popular choice for first-time homebuyers. FHA loans also offer flexible repayment terms.

VA

Government-backed loans that are available exclusively to military service members, veterans, and their families. These loans typically offer more favorable terms compared to conventional loans, including no down payment requirement, more lenient credit score requirements, and lower interest rates. VA loans can be used to purchase a home or refinance an existing mortgage.

USDA

A loan program designed to help borrowers obtain affordable housing in rural areas. This program offers 100% financing, no down payment required, and low-interest rates with flexible credit requirements. It allows borrowers to qualify for a mortgage with zero or minimal money down.

New Construction

A loan specifically for homeowners who want to build their new home. It provides financing for the purchase of land, construction costs, and home improvements all in one loan. New construction loans offer flexible terms, competitive interest rates, and are customizable to fit the borrower’s needs.

Reverse Mortgage

A reverse mortgage allows homeowners aged 62 or older to access the equity in their homes. Borrowers can supplement their retirement income, pay off debt or medical bills, or make home improvements. A reverse mortgage can provide financial stability, allowing seniors to make their retirement actually feel like retirement.

ARMs

An Adjustable-Rate Mortgage is a loan with an interest rate that changes over time.With an ARM the initial interest rate is fixed for a period of time. After that, the interest rate applied on the outstanding balance resets periodically,a t yearly or even monthly intervals. A great option for borrowers who plan to move or refinance before the rate adjustment period, as well as those who expect to see an increase in their income in the coming years.

Jumbo

A non-conforming loan that are often used to finance luxury homes and properties in high-cost areas. To qualify for a jumbo loan, you’ll typically need a higher credit score and a down payment of at least 10%.

DSCR

The debt service coverage ratio (DSCR), known as “debt coverage ratio” (DCR), is a financial metric used to assess an entity’s ability to generate enough cash to cover its debt service obligations. These obligations include interest, principal, and lease payments. The DSCR is calculated by dividing the operating income available for debt service by the total amount of debt service due.

KNOW YOUR OPTIONS

TALK TO A LOAN OFFICER

Houzd

Office

Equal Housing Lender - NMLS # 888979

© 2024 All Right Reserved Houzd Mortgage, ALV Enterprises Inc.