Mortgage Loan Options

If you have started the home search process in the Ogden or Northern Utah area then you will likely want to save time by getting pre-qualified for your mortgage. Our PRMI branch in Ogden will help you with all the necessary requirements to get pre-qualified for your home loan.  We’ll advise you on what type of financial information you’ll need, such as your debt, income, and assets.  We’ll make sure you get the loan that best fits your needs and situation. 

If you would like to explore your mortgage loan options please contact our Ogden branch and we will be happy to help you on your path to purchasing a new home.

Although it’s rare, sometimes disasters happen and property and homes need to be restored or rebuilt.  If you live in the Ogden area and have experienced some type of disaster you may want to look into a disaster relief loan. This loan provides financial assistance specifically to homeowners who have experienced a disaster that has ruined their home.  This type of loan allows for a very low interest rate over a long period of time to help you recover from the disaster.  If you would like more information on this type of loan program please reach out to PRMI in Ogden and we will be happy to help.

For some homeowners a reverse mortgage loan can be a great option.  This type of loan allows you to convert the equity that you have in your home into cash that can be used like ordinary income.  You must be 62 years or older to qualify for this type of loan.  If you are in the Ogden area and feel like this loan type might be a good option please contact PRMI in Ogden and we can help you through the process.*

*This ad is not from HUD or FHA and was not approved by HUD or any government agency.

Buying your first home can sometimes feel like an overwhelming task.  We are experts at helping first-time homebuyers in Ogden.  We will be there to guide you throughout the application and approval process.  We can answer any questions and make it a very good experience.  If you want to stop renting and start building equity, talk to our team today. 

If you have less than perfect credit you may want to look into a low-credit loan option.  We’ve helped many Ogden residents with these types of loans and can guide you through the process. Low credit loans may have a slightly higher interest rate, however you will be able to buy a new home.  Here are PRMI in Ogden we believe that no matter what your credit score is we can help you make the dream of home ownership a reality.  Every person and situation is different but you can count on us to do whatever is necessary to help you purchase your home regardless of credit score.

If you are looking to refinance in Ogden or surrounding area, we can help. A refinance allows you to pay off your existing mortgage with new payment terms. There are several reasons why you might want to look at refinancing. One reason is the savings you can get from lower interest rates. Our loan officers will help you determine if refinancing is the right option for you. 

Our expertise in the mortgage industry means you will be well taken care of with no surprises.  We are specialists at providing home loans in Ogden and surrounding areas. Our loan officers will walk you through the loan process, from pre-qualified to closing.  We’ll do everything possible to make home ownership a reality for you.

For those who have served or are currently serving in the military, and are looking for a VA loan in Ogden you have come to the right place. This type of loan provides active or former military service members great home loan options. Surviving spouses can also qualify for these loans. They generally come with no down payment, low closing costs, great mortgage rates and zero private mortgage insurance. In addition to these benefits you are not required to be a first time homebuyer.  Call PRMI in Ogden to determine if you’re eligible for a VA loan.*

*Closing costs and fees may still apply.

This type of loan is great for those who don’t necessarily have a large down payment.  If you are searching for a new home in the Ogden area, an FHA loan might be the best option for you. Backed by the Federal Housing Administration, this loan program comes with low fixed rates that require very little cash up front to close. They have less stringent credit requirements, low down payments and the option to bring in a co-signer.  Even if your credit score is less than ideal, you may qualify.  Talk to one of our local specialists today to see if an FHA loan might be a good option for you.  

A USDA loan is perfect for the purchase of a home in the more rural parts of the Ogden and Northern Utah area. These are government-insured loans that come with no down payment and low insurance premiums. USDA loans also have more lenient credit score requirements than conventional loans. They’re meant to help with the acquisition of rural and farming land, primarily.

Our branch located in Ogden will help you determine if the house you’re looking at is eligible for a USDA loan. Our loan officers will help you get everything in place so that you can get pre-qualified and complete the purchase of your new home.*

*Closing costs and fees may still apply.

A conventional loan is a loan that is not backed by the government. These loans can be a great option for many people.  In fact, these fixed-rate programs are some of the most common types of mortgages you can apply for. These loans offer protection to the buyer from unexpected rate increases, which would result in increased monthly mortgage payments. These fixed-rate mortgages have 15- or 30-year options.  If you are looking for a home in the Ogden area, let us help you determine if you can qualify for a conventional loan.