Elite Home Mortgage

read moreAt Elite Home Mortgage, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options that are available today. After you select the loan that is best for you, we will work continuously on your behalf to help you achieve your dream of homeownership.

read moreElite Home Mortgage of Utah helped my wife and me buy our first home. He made the process very easy and understandable. We could not be happier with our loan. I plan buying several rental properties in the future and Kris will be the first person I call when I'm ready to start looking. My husband and I contacted Kris, to help us with a refinance on our home mortgage. We had tried with another company previously, but it fell through. Kris was able to help us lower our interest rate, our mortgage insurance and our monthly payment.

read moreThe pre-approval process is much more complete than pre-qualification. For pre-qualification, the loan officer asks you a few questions and provides you with a pre-qual letter. Pre-approval includes all the steps of a full approval, except for the appraisal and title search. Pre-approval can put you in a better negotiating position, much like a cash buyer. Usually people refinance to save money, either by obtaining a lower interest rate or by reducing the term of the loan. Refinancing is also a way to convert an adjustable loan to a fixed loan or to consolidate debts.

read morePre-qualification starts the loan process. Once a lender has gathered information about a borrower's income and debts, a determination can be made as to how much the borrower can pay for a house. Since different loan programs can cause different valuations a borrower should get pre-qualified for each loan type the borrower may qualify for. In attempting to approve homebuyers for the type and amount of mortgage they want, mortgage companies look at two key factors. Ability to repay the mortgage is verified by your current employment and total income.

read moreAt Elite Home Mortgage, we are always looking for ways to better serve our customers. Our Rate Tracker service is a no-obligation, free service designed to help our customers find their desired lending scenario. Use our Rate Tracker to request notification when our rates reach a desired level. For more information, please contact us at 801-205-5757.

read moreThe following is a partial list of programs offered by Elite Home Mortgage with a brief description of the key elements of each. For a complete list of the programs that we offer, please contact us at 801-205-5757. Loans where your income is not requested or verified with as little as 10% down are stated income loans. There are several varieties of the "no-doc" loan today. The type of loan that is best suited for a particular borrower depends on that borrower's situation. Some borrowers choose not to disclose employment, income, or asset information, while others may be willing to disclose employment and asset information but not income.