Loan Programs

The following is a partial list of programs offered by Citywide Home Loans with a brief description of the key elements. For a complete list of the programs that we offer, contact us at 801-747-0200.

CONVENTIONAL
UTAH HOUSING LOANS
RURAL HOUSING LOANS
JUMBO LOANS
2ND MORTGAGE LOANS

CONSTRUCTION LOANS
INVESTOR LOANS
FHA MORTGAGES
VA MORTGAGES
AND MANY MORE

	CONVENTIONAL - Traditional loan programs that usually require 5% down and offer competitive interest rates. Documentation and fair-to-good credit are necessary. Back to Top

	UTAH HOUSING LOANS - 100% Financing avaialbe. First time Homebuyers. These low cost, low interest mortgage loan enable more people to invest in their own homes. Back to Top

	RURAL HOUSING - 100% Financing available. Low- and moderate income people can qualify for mortgage without a down payment. Back to Top

	JUMBO LOANS - Offers 30 and 15 year fixed rate mortgage and competitive ARM products with full document, alternate documentation and limited documentation. Cash out and No cash out refinance are allowable. Single family detached, Condo's, PUD's and single-family second homes can be financed with no prepayment penalty. Back to Top

	2^ND MORTGAGE LOANS - Subordinate to the first mortgage these loans offer the borrower the ability to get money for home improvement, debt consolidation or many other reasons without disturbing their first mortgage. Convenient when you have a low interest first mortgage. Back to Top

	CONSTRUCTION LOANS - Building a new home can be an exciting prospect - unless you get caught up in a construction loan approval process that's overly complicated and time consuming. With this loan we will finance up to 90% of the cost of land plus the costs of construction. We offer a one time fixed rate closing or traditional ARM products. Back to Top

	INVESTOR LOANS - Used to finance 1-4 family properties that will be for investment with as little as a 10% down payment. Aggressively priced these programs have many variations such as No Doc, Limited Doc and Full Doc. Program may not be available in some states. Back to Top

	FHA MORTGAGE - Backed by the Department of Housing and Urban Development, this mortgage offers the borrower the ability to put as little as 3% down payment – and they can even finance “allowable” closing costs. Seller can contribute up to 6% of the purchase price to the buyer towards closing costs. Back to Top

	VA MORTGAGES – Backed by the Veterans Administration and the federal government, it is similar to FHA except that you have to be a qualified Veteran or military person. Back to Top