The Best Mortgage Lenders in Howell, UT
Compare verified mortgage lenders serving Howell, Utah. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Howell
Featured Mortgage Lenders
Mountain America Credit Union
Mountain America Credit Union Mortgage Division
Mountain America Credit Union is one of Utah's most trusted mortgage lenders with a strong presence throughout the state, including service to Howell and Cache Valley. They offer highly competitive rates and exceptional member service, with mortgage specialists who understand rural property financing needs. Their extensive branch network and local expertise make them a top choice for Howell residents seeking personalized mortgage solutions with the benefits of credit union membership.
Loan Types:
Guild Mortgage
Guild Mortgage Company
Guild Mortgage has a strong local presence in Cache Valley with a Logan office that actively serves Howell and surrounding rural communities. They specialize in various loan programs including USDA loans that are particularly beneficial for Howell's rural properties. With over 60 years in business nationally and deep local expertise, they provide excellent customer service and flexible underwriting for unique property situations common in rural Utah.
Loan Types:
Cache Valley Mortgage
Cache Valley Mortgage LLC
Cache Valley Mortgage is a locally-owned and operated mortgage broker with deep roots in the Cache Valley community, including extensive experience serving Howell residents. They excel at finding the best loan programs and rates from multiple lenders, offering personalized service and expertise in rural property financing. Their high customer satisfaction ratings reflect their commitment to guiding clients through the mortgage process with transparency and local market knowledge.
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Frequently Asked Questions
Common questions about mortgage lending in Howell, UT
Are there any special mortgage considerations for buying land or a home in Howell, UT, given its rural nature?
Yes, many properties in Howell are on larger lots or may be considered rural. This can affect loan eligibility, as some conventional loans have restrictions on non-standard properties. You may need to work with a lender experienced in rural mortgages or explore a USDA loan, which is often an excellent fit for Howell due to its eligibility for USDA's rural development program, potentially offering 0% down payment options.
What are typical down payment requirements for first-time homebuyers in Howell?
While standard down payments range from 3.5% for FHA to 20% for conventional loans to avoid PMI, Utah offers specific assistance. First-time buyers in Howell should explore the Utah Housing Corporation's (UHC) down payment assistance programs, which can provide second mortgages or grants. These are particularly valuable in a market where saving for a down payment can be a primary hurdle.
How do property taxes in Box Elder County affect my mortgage payment in Howell?
Box Elder County has relatively moderate property tax rates compared to national averages. Your lender will estimate these taxes for your escrow account based on the assessed value of the property. It's wise to confirm the exact tax amount with the county assessor, as taxes can vary, and this will directly impact your total monthly mortgage payment (PITI).
Are interest rates in Howell, UT, different from rates in larger Utah cities?
Mortgage interest rates are generally standardized nationally and are not specific to a city. However, your final rate in Howell will depend on your personal financial profile (credit score, debt-to-income ratio) and the loan type. Working with a local lender who understands the Box Elder County market can help you find the best available programs and competitive rates for your situation.
What local or state programs are available to help with closing costs when buying a home in Howell?
The Utah Housing Corporation (UHC) offers several programs that can help with closing costs, often in the form of a grant or a low-interest second loan. Additionally, some lenders may offer lender credits. It's crucial to discuss these options early with your mortgage officer, as combining UHC's first mortgage with their down payment assistance can make homeownership in Howell more accessible.
Why Choose a Mortgage Lender in Howell?
Local Market Knowledge
Lenders who understand Howell's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Utah.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Howell and get competitive rates on your home loan.