Convenient Home Equity Loans in Utah

You can save in many ways with a VA mortgage or refinance.

Use the equity in your home to make the renovations of your dreams.

Are you thinking of remodeling or repairing your home? Does your project list include a new roof or a new kitchen for your growing family? Apply for a home loan in Utah, and let your home pay for the needed renovations. The equity in your home can give you the money to restore your home’s almost-new condition.

But what is home equity and how does it enhance your net worth?

Home equity is the current market value of your home. It could increase over time if you pay down the principal balance on your loan or if its property value increases. Your home equity is valuable because you can use it as a long-term building strategy for creating wealth. And this makes it your most important asset.

Finance Your Home with Your Hard-Earned Equity

Use the equity in your home to make the renovations of your dreams.

Our home equity loans in Utah allow you to borrow a fixed amount, which you’ll receive in one lump sum. The loan amount you qualify for is based on the difference between your home’s current market value and your due mortgage balance.

In most cases, home equity loans have a fixed interest rate, term, and monthly payment. And generally, you’ll be able to borrow about 80% to 85% of your home’s value, minus what you owe on your mortgage.

Unlike other types of loans, it is easier to qualify for a home equity loan because you are using your home as security. Use your hard-earned home equity to finance the home of your dreams. And enjoy the following benefits:

  • An easy source of cash – Home equity loans are a practical and valuable source of cash because of its low interest rate and tax deductibility.
  • Fixed interest rates – Make budgeting simple. Our loans carry a fixed interest rate so your monthly payment stays the same over the span of the loan.
  • Cover large expenses – We provide our home equity loans in one lump sum. This gives you greater flexibility to cover large expenses.
  • Tax deductions – If you plan to take out a loan to fund a home improvement project, a home equity loan can help you score significant tax savings. In certain situations, you may deduct the interest if you use the money for capital improvements that go beyond repair.

Do your research by comparing terms and interest rates before applying for a home equity loan in Utah. Start by making an honest estimate of your finances and determining your credit score.

Professional Home Equity Loan Officers in Utah

Knowing what your home needs is the first step to taking out a home equity loan. Doing upgrades to your home for a fresh new look, or doing repairs to keep your home perfect for you, requires a loan that is set up to your individual wants and needs.Integrity First Lending has a solution that will work for you.

Talk to our qualified loan specialists to help you get started on a unique renovation plan that starts with your pre-qualification.

Get pre-qualified and lock in a current interest rate for your home improvement loan. Our professional loan officers will give you a call, and get your loan ready for you and your home. We know you can’t wait to get started, so let us help you get off on the right foot today.

Find the benefits of researching your renovation options as compared to refinancing your home loan is as easy as contacting a lender with integrity. Call us and get started with you home upgrades today.

Ask our experts about Homestyle or 203 (k) loans. You can set up your repair account with both FHA loans and Conventional Loans.

Pre-Qualify for Your Perfect Loan

Many people are interested in learning about today’s rates, and we’d rather provide you an accurate estimate rather than a general listed rate on our website that could be misleading. This super easy form helps us provide a customized and accurate quote tailored to your specific situation.