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South Jordan, UT

The Best Mortgage Lenders in South Jordan, UT

Compare verified mortgage lenders serving South Jordan, Utah. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
1228+
Reviews
10
Loan Types

Available Loan Programs in South Jordan

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
Renovation
Investment Property
First-time Homebuyer

Featured Mortgage Lenders

1

Mountain America Credit Union Mortgage Services

Mountain America Credit Union

★★★★☆
4.8/5

Mountain America Credit Union stands out as one of the highest-rated mortgage lenders in South Jordan with deep community roots and exceptional member service. As a local financial institution with multiple branches throughout Utah, they offer personalized mortgage solutions with competitive rates and low fees. Their mortgage advisors provide comprehensive guidance through the entire home buying process, and they consistently receive outstanding reviews for their responsive communication and streamlined loan processing. With decades of experience serving Utah homeowners, they understand the local market dynamics and offer specialized programs for first-time homebuyers.

Experience:85 years
Reviews:489 customer reviews
11148 S Jordan Gateway, South Jordan, UT 84095

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Intercap Lending

Intercap Lending Inc.

★★★★☆
4.9/5

Intercap Lending is a highly-rated regional mortgage lender headquartered in nearby Draper that consistently serves South Jordan homebuyers with exceptional service. They have built a stellar reputation for their expertise in complex loan scenarios and their ability to close loans quickly. The company receives outstanding customer feedback for their transparent communication, competitive rates, and knowledgeable loan officers who provide personalized attention throughout the mortgage process. With nearly 25 years of experience and multiple industry awards, Intercap has established itself as a top choice for Utah homeowners seeking reliable mortgage financing with local decision-making.

Experience:25 years
Reviews:327 customer reviews
11781 South Lone Peak Parkway #250, Draper, UT 84020

Loan Types:

ConventionalFHAVAUSDAJumboRenovationInvestment Property
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3

Academy Mortgage

Academy Mortgage Corp.

★★★★☆
4.7/5

Academy Mortgage maintains a strong physical presence in South Jordan with a local branch that serves the community with comprehensive mortgage solutions. As a Utah-based company with national reach, they combine local market expertise with extensive lending capabilities. They are particularly noted for their first-time homebuyer programs and educational approach to mortgage lending. Customers consistently praise their efficient processing, competitive rates, and the personalized guidance provided by their experienced loan officers. With three decades of operation and thousands of successful Utah mortgages, Academy has proven their reliability and commitment to customer satisfaction in the South Jordan market.

Experience:30 years
Reviews:412 customer reviews
1098 W South Jordan Parkway #100, South Jordan, UT 84095

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceConstruction
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Frequently Asked Questions

Common questions about mortgage lending in South Jordan, UT

Are there any special down payment assistance programs for first-time homebuyers in South Jordan, Utah?

Yes, the Utah Housing Corporation (UHC) offers several statewide programs, like the FirstHome and HomeAgain loans, which are widely used in South Jordan. These programs provide competitive interest rates and down payment assistance in the form of a second mortgage that can be forgiven over time. South Jordan buyers should also check with local lenders about any city-specific or county initiatives that may occasionally be available.

How does South Jordan's property tax rate affect my monthly mortgage payment?

South Jordan is located in Salt Lake County, which has a relatively average property tax rate for Utah, typically around 0.6% to 0.7% of assessed value. Your lender will calculate an escrow payment for taxes as part of your monthly mortgage payment. It's important to note that property taxes here can increase with home value appreciation and new city bond initiatives, so budgeting for potential escrow shortages is wise.

What is a typical down payment percentage for a conventional loan on a South Jordan home given the local market?

While 20% down is ideal to avoid private mortgage insurance (PMI), many buyers in South Jordan's competitive market secure conventional loans with 5%, 10%, or 15% down. Given the median home price in South Jordan, a lower down payment can help with affordability, but you'll need strong credit and stable income to compete, and you will pay PMI until you reach 20% equity.

Are there specific mortgage considerations for buying a home in one of South Jordan's many master-planned communities like Daybreak?

Yes, when buying in a master-planned community, you must factor in Homeowners Association (HOA) fees, which can be significant ($100-$300+ monthly) and are a required part of your debt-to-income ratio calculation for loan approval. Some communities may also have specific covenants or special assessment districts that lenders will review. Always ensure the HOA is in good financial standing.

How do mortgage rates in South Jordan, UT, compare to national averages, and what local factors influence them?

Mortgage rates in South Jordan are primarily set by national markets, so they align closely with national averages. However, your specific rate will be influenced by local competition among lenders, your financial profile, and the type of property. Utah's strong economy and South Jordan's desirable status can sometimes lead to competitive lender offers, but also mean a faster-paced market where rate locks are crucial.

Mortgage Insights

Finding Your Perfect Home Loan Match in South Jordan, Utah

Searching for a "home loan broker near me" in South Jordan is more than just finding a local office—it's about partnering with a professional who understands the unique dynamics of our thriving city. As you look at homes in Daybreak, the SoJo Arts District, or established neighborhoods near the Jordan River, having a knowledgeable guide through the financing process can make all the difference in securing your dream home.

South Jordan's housing market is dynamic, characterized by strong demand for family-friendly communities with excellent amenities and schools. A local broker doesn't just shop rates; they understand what appraisers are looking for in our specific subdivisions and can advise on how certain loan structures might make your offer more competitive in a multiple-bid situation. They know which lenders are most familiar with the new construction prevalent in areas like Daybreak versus those who excel with the resale market in older, tree-lined parts of town.

Your first actionable step is to vet brokers with deep Utah roots. Ask specifically about their experience with South Jordan transactions. A great broker will be familiar with local property tax rates, HOA nuances in our master-planned communities, and even utility cost estimates for different areas. They should also be well-versed in Utah-specific programs, such as the Utah Housing Corporation (UHC) loans, which offer competitive rates and down payment assistance for qualified buyers—a crucial advantage for first-time homebuyers facing our market prices.

Another key regional consideration is navigating the financial landscape for our many healthcare, tech, and professional workers. A skilled broker can help you structure loans if you have variable income, equity from stock options, or are relocating with a large corporate employer to the Silicon Slopes area just north of us.

Here’s your actionable plan: Start by interviewing two or three brokers. Come prepared with questions about their recent South Jordan closings, their approach to the current interest rate environment, and how they communicate throughout the process. Ask for a sample Loan Estimate they’ve provided for a client in a similar price range to your target. The right broker will act as your educator and advocate, explaining the trade-offs between a conventional loan, a FHA loan, or a UHC loan in the context of your long-term financial picture.

Ultimately, finding the right home loan broker in South Jordan is about building a local partnership. The goal is to move beyond a simple rate quote to a strategic plan that gets you the keys to a home in one of Utah’s most sought-after cities, with confidence and clarity every step of the way.

Nearby Cities

Explore mortgage lenders in cities near South Jordan, UT

Why Choose a Mortgage Lender in South Jordan?

Local Market Knowledge

Lenders who understand South Jordan'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 South Jordan and get competitive rates on your home loan.