OUR LOAN PROGRAMS

FHA home loans are mortgage loans that are insured against default by the Federal Housing Administration (FHA). Low down payment requirements Flexible income, debt, and credit requirements Down payment and closing costs may be funded by a gift, grant or secured loan For homebuyers with the following consideration points: Limited savings Low-to-moderate income Due to […]

Justin Basso May Consider That A Conventional Mortgage Loan Is The Best Option For Your New Home Loan. Conventional loans are also available with low down payment requirements (with qualifying credit requirements). Conventional loans can be used to finance 2nd homes, investment properties, single family residences and condos. Conventional loans with 80% or lower LTV […]

New Construction Loans In Utah Are Justin Basso’s Specialty Building a new home in Utah can be an exciting prospect – Justin makes sure that your new construction home loan goes as smooth as possible. He knows all the builders on the Wasatch Front and he will not let you make a costly mistake that […]

If You Served Our Country In The Military, Justin Basso wants to thank you for your service. He also wants to make sure that upon your retirement or redeployment to Utah, you will get the best deal he can possibly get for you on a Veteran’s Loan. The VA (Veterans Administration) Loan provides veterans with […]

If You Need A Jumbo Home Loan, Justin Basso Will Handle Your Mortgage Quickly And Efficiently. Jumbo loans are available up to $900,000 with no adjustment to rate, but can go up to $2 million. Available for refinances or purchases, mortgage insurance is not required. Jumbo loans can be financed as a 15 or 30-year […]

Justin May Want You to Look At A USDA/Rural Housing Home Loan. Backed by the USDA, rural Loans are similar to VA and FHA, except they are only available in selective rural areas and have income limitations. USDA is a 102% loan with no down payment required and does not need monthly mortgage insurance. The […]

The decision to refinance should be well thought out with all the information that your mortgage lender, Justin, can present to you. There are many factors to go over and consider. Justin Basso, as a Professional Mortgage Lender, can help you weigh the pros and cons of your situation. Even a small reduction in the […]

Under The Right Circumstances, Justin Basso May Recommend Financing Through A Utah Housing Home Loan. The Utah Housing Corporation was created as a public corporation by the state of Utah to assist in the creation of affordable housing for low-income households. The program is for first time homebuyers or someone who has had no mortgage […]

While the typical Utah Home Mortgage Loan involves both a structure and the land upon which the structure is built, this type of loan involves only land on which a structure has yet to be built. It is sometimes referred to as a “lot loan.”

Investor Loans Normally conventional loans are used for investment properties. Due to changes in the mortgage industry, guidelines have changed quite a bit on investment loans. Investment financing typically requires 20% down on a single-family residence and 25% down on 2-4 unit properties on purchases. Investment properties are available as full documentation loan only.