Get Pre-Qualified for a Utah Home Loan

Know your real budget before you start touring homes. Tell Olivia a little about what you’re looking for, and she’ll connect you with a trusted Wasatch Front mortgage lender who can pre-qualify you quickly and without pressure.

1. Send the formIt takes about a minute. No credit check to submit.
2. Olivia follows upShe’ll answer questions and match you with a lender who fits your situation.
3. Shop with confidenceKnow your number and make offers sellers take seriously.

Prefer to start with a conversation? Send Olivia a quick message.

Pre-Qualification vs. Pre-Approval

Pre-qualification is a quick first look at your income, assets, and debts. It gives you a general idea of how much you may be able to borrow, and it costs nothing.

Pre-approval is the next step. The lender verifies your documents and issues a conditional commitment for a specific loan amount. A pre-approval letter carries much more weight with sellers, and you’ll want one before making an offer.

What Lenders Typically Ask For

• Recent pay stubs — usually the last 30 days
• W-2s or tax returns from the past two years
• Bank statements from the last two to three months
• A government-issued photo ID
• Details on current debts — car loans, student loans, credit cards

Self-employed buyers usually also need two years of tax returns and a year-to-date profit and loss statement.

Down Payment Options for Utah Buyers

• Conventional loans — as little as 3% down for some buyers, typically with a 620+ credit score
• FHA loans — 3.5% down with a 580+ credit score
• VA loans — 0% down for eligible veterans and service members
• USDA loans — 0% down in eligible rural and suburban areas
• Utah Housing Corporation — down payment assistance for qualifying buyers

Not sure what you can afford yet? Try the Home Affordability Calculator first.