Friendly and Distinct Loans Services at Utah Mortgage Man and Citywide

Utah Mortgage Man with Citywide Home Loans is a premium lender with a full range of standard and unique loan products: Conventional, FHA, FHA 203k, VA, USDA, CHFA, and many other bond programs in the states where we do business. Licensed in 34 states, with offices across the country, Citywide has the products and professionals to get your next loan approved.

Featured Loan Programs

Conventional Loans

Traditional loan programs that usually require at least 5% down and offer competitive interest rates. Documentation and good-to-excellent credit are necessary. With a fixed rate mortgage, a loan’s note rate remains constant throughout the life of the mortgage. This consistency gives borrowers peace of mind knowing that the principal and interest portion of their mortgage payment will not change over time.

Types of Fixed Rate Home Loans

  • 30 Year: Easily the most popular home financing product in the marketplace. Allows consumers the ability to stretch out their repayment term to 360 months thus keeping monthly payments lower than other fixed rate financing options.
  • 20 Year: 240 month repayment term. Popular option for people looking to refinance who do not want to move back into a 30 year mortgage. Can be a good fit for people who are interested in a 15 year mortgage but need a little more flexibility with their monthly payments.
  • 15 Year: Very popular solution for borrowers who are looking to pay off their mortgages quickly and who want the security of a fixed rate product.
  • 10 Year: Shortest repayment period we offer. Borrowers should be a in strong financial position and have employment security before choosing a 10 year term.

VA Mortgage

Offers long term home loans to active duty US Military service members, eligible American veterans and reserves or their surviving spouses. No Down Payment required & No monthly Mortgage Insurance.

CONSTRUCTION LOANS

A short term interim loan for financing the cost of new home construction. The loan is made directly to the borrower and managed by Citywide’s experienced Construction Department. Loan terms are typically 6-12 months.

HOME RENOVATION

Designed to create opportunities to repair or improve existing homes and increase the value of the home in a single mortgage with low, fully amortized, rates.

LOT LOANS

Short term loans that provide homebuyers with a solution to purchase land on which they intend to build a home. Typical loan terms are 1-5 years.

State Bond

Programs that offer 100% financing to first time and repeat homebuyers. These low cost, low interest mortgage programs enable more people to invest in their own homes.

Rural Housing Loans

USDA programs provide homeownership opportunities to individuals in qualifying rural areas.

List of Select Loan Programs Offered

CONVENTIONAL

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

VA

Offers long term home loans to active duty US Military service members, eligible American veterans and reserves or their surviving spouses.

CONSTRUCTION LOANS

A short term interim loan for financing the cost of new home construction. The loan is made directly to the borrower and managed by Citywide’s experienced Construction Department.

STATE BOND

Programs that offer 100% financing to first time and repeat homebuyers. These low cost, low interest mortgage programs enable more people to invest in their own homes.

RURAL HOUSING

USDA programs that provide homeownership opportunities to individuals in qualifying rural areas.

JUMBO

Loan programs that offer financing for loan amounts greater than the convention or high balance limits.

FHA

FHA-insured loans require very little cash investment to close a loan. there is more flexibility in calculating household income and payment ratios.

HOME RENOVATION

Designed to create opportunities to repair or improve existing homes and increase the value of the home in a single mortgage with low, fully amortized, rates.

DOWN PAYMENT ASSISTANCE

Loan programs and grants designed to help homebuyers with a portion of, or all of, the down payment required to purchase their new home.

ARMS

A variable rate mortgage, ARMs typically have a lower initial rate than a fixed-rate mortgage. A cap limits the increases in P&I at each adjustment.

INTEREST ONLY

An interest-only loan is a loan in which, for a set term, the borrower pays only the interest on the principal balance, with the principal balance unchanged.

LOT LOANS

Short term loans that provide homebuyers with a solution to purchase land on which they intend to build a home.

80/10/10

Commonly referred to as a piggyback loan, 80/10/10 eliminates the needs for the borrower to pay private mortgage insurance (PMI).

REVERSE MORTGAGE

For those 62 years of age or older, a Reverse mortgage allows you to convert part of the equity in your home into cash without having to sell your home or pay additional monthly bills.

AND MANY MORE

Utah Mortgage Man and Citywide pride themselves on having the products that customers need. Don’t see the loan program you were looking for? Reach out to us and ask- we’re sure to have a program to fit your needs.

BRUCE L. WARBURTON

Loan Officer

}

Office Hours

Monday - Friday 8:00 a.m. - 6:00 p.m.

NMLS#

UT-278339 • Corporate - 67180 • CA - DBO278339

Address

1513 N Hill Field Rd #1, Layton, UT 84041

Email

Email Me

Equal Housing Lender

(866) 437-0200 • Corporate NMLS # 61780 • Regulated by the Division of Real Estate • Information is subject to change without notice. All prices are indications only. This is not an offer for extension of credit or a commitment to lend. Some restrictions may apply. Please contact the Loan Officer listed above for more information.

Send Me A Message