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Best Utah Mortgage Lenders of 2019

Finding the Right Mortgage, Mortgages
At NerdWallet, we strive to help you make financial decisions with confidence. To do this, many or all of the products featured here are from our partners. However, this doesn’t influence our evaluations. Our opinions are our own.

The Beehive State is full of busy people. If you’re buying or refinancing a home in Utah, it’s hard to find time to research the various lenders. We’ve done the homework, identifying some of the best lenders in Utah for borrowers’ different needs.

Here are the top lenders in Utah for first-time home buyers, borrowers with low credit scores or small down payments, folks who want to apply online and homeowners who want to borrow against their home equity.

Best Utah mortgage lenders for first-time home buyers

These lenders treat first-time home buyers in Utah with care.

Guild Mortgage
4.0 NerdWallet rating
  • Specializes in first-time home buyers
  • Embraces FHA and VA loans, which require small down payments and are forgiving of low credit scores
  • Helps borrowers find state housing finance assistance programs
  • Guild Mortgage review
4.5 NerdWallet rating
  • Offers FHA, VA and USDA loans, which are popular among first-timers
  • Online mortgage application includes a look at credit scores from all three bureaus
  • Borrowers can talk to a loan officer for help with any part of the application
  • Guaranteed Rate review

Best Utah mortgage lenders for low credit scores

You don’t have to have perfect credit to qualify for a mortgage with these lenders in Utah.

4.5 NerdWallet rating
  • Uses manual underwriting to evaluate borrowers, which allows more flexibility to approve loans
  • Offers FHA loans with a minimum score of 580 for qualified borrowers
  • English/Spanish bilingual loan officers are available
  • New American Funding review
3.5 NerdWallet rating
  • Offers FHA and VA loans, which allow low credit scores
  • Considers alternative credit, such as rent and child support payment history
  • Closing cost credits and rate discounts may be available for Citibank customers
  • CitiMortgage review

Best Utah mortgage lenders for low down payments

Not everyone has the income and the time to save up for a large down payment. These lenders offer mortgages for home buyers who need to make small down payments.

4.5 NerdWallet rating
  • Finds state bond programs for first-time home buyers and limited-income households
  • Embraces FHA-backed home loans
  • Allows nontraditional credit, such as timely rental and utility payments, for FHA loans
  • Flagstar Bank review
4.0 NerdWallet rating
  • Offers FHA loans, which work with low down payments, and VA loans, some of which require no down payment
  • Affordable Loan Solution mortgage allows qualified borrowers to make a 3% down payment, with no mortgage insurance
  • Willing to use alternative credit data, such as utility and rental payments
  • Bank of America review

Best online mortgage lenders in Utah

These lenders offer borrowers in Utah the convenience of an online mortgage platform.

4.5 NerdWallet rating
  • Online system allows about 60% of workers to import income and employment information
  • Allows loan application and tracking completely online
  • Has mobile apps for iOS and Android.
  • Rocket Mortgage review
3.0 NerdWallet rating
  • Application process starts with filling out an online form, followed by a conversation with a loan officer
  • Allows you to submit documentation electronically
  • Account may be accessed via desktop, phone or tablet
  • PennyMac Loan Services review

Best Utah mortgage lenders for home equity lines of credit

These lenders offer home equity lines of credit, which allow you to borrow against your home’s value.

3.5 NerdWallet rating
  • Low fees: $50 origination fee and $50 annual fee, with no closing or application charges
  • Interest rate discount for having a Chase checking account
  • Ability to lock a fixed rate to all or part of the HELOC balance
  • Chase Mortgage review
4.5 NerdWallet rating
  • No closing fees if you keep the credit line open for at least 36 months
  • Credit line up to $1 million is available
  • Low promotional interest rate offered for first six months of HELOC
  • Flagstar Bank review

Best Utah mortgage lenders: summary

More from NerdWallet
Calculate your Utah mortgage payment
Compare Utah mortgage rates
Utah first-time home buyer programs

NerdWallet’s selection of mortgage lenders for inclusion here was made based on our evaluation of the products and services that lenders offer to consumers who are actively shopping for the best mortgage. The six key areas we evaluated include the loan types and loan products offered, online capabilities, online mortgage rate information, customer service and the number of complaints filed with the Consumer Financial Protection Bureau as a percentage of loans issued. We also awarded lenders up to one bonus star for a unique program or borrower focus that set them apart from other lenders. To ensure consistency, our ratings are reviewed by multiple people on the NerdWallet Mortgages team.