Getting Pre-Approved Prior To Moving To Utah

Gustan Cho Associates is a mortgage broker licensed in 48 states (Not licensed in NY, MA) with a wholesale lending network of 170 wholesale financial institutions. Utah is one of the fastest-growing states in the nation, with more and more families calling Utah home. Utah is a wonderful state to move to, with stunning views and a plethora of activities to choose from, but there is a lot to think about and a lot to plan for before the move. One of the most important things to think about is to get pre-approved for a mortgage AND/OR a pre-rental application.

In this guide we will go over what needs to be accomplished before you get pre-approved to rent or mortgage a home in Utah and how to make the most of your new home!

Our team at Gustan Cho Associates is currently focused on expanding our coverage area throughout the state. Over 80% of our borrowers could not qualify at other lenders due to a last-minute mortgage denial, stress during the mortgage process, and, last but not least, not having the particular mortgage loan program the borrower needed.

The Great State of Utah Joins the Gustan Cho Associates Family

The team at Gustan Cho Associates’ goal for 2022 is to assist as many clients as possible nationwide. We know the financial markets are very volatile, with much uncertainty in the housing and real estate markets.

Before renting or mortgage, a landlord, in this case a financial lender, will check your financial background in their books and, in the worst case, give you a written record of how much money you will borrow over what period of time or in what apartment and for how much.

This is important as a starting point, because it will let you know about your options, but even if you get the top of the line home, it will set you back in terms of money. The mortgage market is crazy right now. Therefore, we want to help clients find the best mortgage program. In this blog, we will discuss a few fun facts about the state of Utah, a few key loan mortgage programs offered in the state, and how to apply for a mortgage loan with our team in Utah. It does not take long for us to help home buyers by getting pre-approved prior to moving to Utah.

Why Are So Many People From California Moving To Utah To Buy a House?

We get countless inquiries from people thinking about getting pre-approved prior to moving to Utah. Many of our clients, especially folks from California, are fleeing their home state to call Utah their new home. Many people in California are priced out of the expensive high-priced housing market. In Utah and on the market in general, getting pre-approved gives you a better standing for most applications.

Elbow grease, but its mostly time and a bit of effort. With a set budget, as a good market rule, assists you in concentrating your search from the property time hungry, as in front of you.

Besides the exploding housing prices in California, many people are fleeing the state due to overcrowding, traffic, congestion, high cost of living, political turmoil, ridiculous regulations, and quality of life. The team at Gustan Cho Associates can help homebuyers by getting pre-approved prior to moving to Utah.

Is Utah a Better Place To Live Than California?

The cost of living in California is 36.8% higher than in Utah. The beautiful landscape, majestic mountains, sprawling terrain, clean air, strong economy, and ample job opportunities attract many people and businesses not just from California but dozens of other high-taxes, high-cost-of-living states. Other states with many people fleeing to Utah are New York, Massachusetts, New Jersey, and Washington, DC. The team at Gustan Cho Associates can help homebuyers with getting pre-approved prior to moving to Utah.

Buying Versus Renting in Utah

Current homeowners do not want to rent once they move to Utah. They want to purchase a home, and when the home closes, they will move. Once a homeowner, always a homeowner.

Based on credit score, lenders and landlords determine risk. In Utah with good credit score it could make the difference to get pre-approved.

Current homeowners will be either selling or renting their exiting home. Moving to a different state and renting a home can be life-changing. Current homeowners have a lot of responsibilities in structuring a plan for moving to Utah. Each situation is a case scenario.

How To Sell and Buy a House at The Same Time

The team at Gustan Cho Associates can help plan and coordinate the simultaneous buying and selling of the home. In some cases, we had to simultaneously assist in selling and buying the home. It can be simultaneously or as separate transactions. Or the property may become a rental.

It is very important to choose a good lender or landlord. Make sure to read reviews and do some research to make sure you are picking the most reputable one.

Getting pre-approved prior to moving to Utah is key and of utmost importance. Licensed in 48 states, the team at Gustan Cho Associates is no stranger to people saying enough is enough in their current state due to the economy, soaring taxes, out-of-control housing prices, and political turmoil. We have helped many homebuyers by getting pre-approved prior to moving to Utah so they can start shopping for their new home.

Buying a Home in Utah With Non-QM Home Loans

If you live in Utah or have ever visited Utah, you know it is a beautiful state. While most residents live in the Salt Lake City area, some beautiful sites are spread out throughout the state.

Utah was one of the later states added to the nation in 1896. It was the 45th state. The United States took the area where present-day Utah is located at the end of the Mexican-American war.

Part of the treaty of Guadalupe Hildago awarded this area to the United States. Utah was once home to many prehistoric creatures, including the mammoth. Archaeologists have found numerous Ice Age fossils throughout the state.

Utah Is the State of Diversity and Rich Heritage

There were many Native American tribes in this area, including Navajo, Ute, Paiute, and Shoshone. The state of Utah got its name from the Spanish nickname for the Yuta tribe. Utah is home to many Mormons who started inhabiting the area in 1847 while seeking religious freedom.

Utah is nicknamed the beehive state because many early pioneers considered themselves to work as hard as bees. Non-QM loans in Utah are non-traditional portfolio loan programs for niche mortgage markets.

Many Americans retiring choose Utah as one of their top choices. Non-QM loans in Utah offer homebuyers special mortgage programs with no income documentation. Gustan Cho Associates has no income documentation mortgage loan programs such as no-doc loans, asset-depletion mortgages, bank statement loans, and P and L mortgages.

Record Number of Americans Fleeing High-Taxed States To Utah

Join the Family | Record number of Americans fleeing high-taxed states to Utah because of the wide-open spaces with mountains, ridges, and plateaus. That’s Utah. Utah is a western state surrounded by six other states, including Arizona, Nevada, Idaho, Wyoming, Colorado, and New Mexico. Utah makes up part of the “four corners.” This is a unique location where four states meet in one place. This is the only place in the nation where you can simultaneously have a body part in four states. The state has three main geological areas: the Rocky Mountains, the Basin and Ridge region, and the Colorado Plateau.

The Wide Open Spaces with Mountains, Ridges, and Plateaus, That’s Utah

The highest peak in Utah is a whopping 13,520 feet above sea level and is named Kings Peak. Beautiful mountains and canyons throughout the state and many state and national parks bring in thousands of tourists annually.

Besides the beautiful views, there is a wide array of wildlife. The mountain regions are the home of beautiful mountain lions, big horns, jackrabbits, and many species of birds.

Prominent birdwatchers love the state of Utah to see golden eagles, red-wing blackbirds, and numerous breeds of hawks. Utah has a desert region home to many reptiles, including mountain king snakes, toads, salamanders, and spotted lizards.

The Moab Region, Bonneville Salt Flats, and the Lakes are Just a Few Of Utah’s Attractions

The Moab region of Utah is a beautiful place for outdoor activities. This area has man-made lakes that also produce potassium chloride, which is used in everyday products such as fertilizer and medicines. The Bonneville salt flats are on the far west side of the state. This is a unique sight, and many automobile enthusiasts test vehicles here. The state mineral of Utah is copper. Some copper mines in the state are so deep that they could fit the Sears Tower in them.

Not Only Fun In The Sun But Snow Sports Too Come To Utah For Number One KY Fry

Utah is the second driest state in the country, second only to Nevada. That being said, the combination of high elevation and desert light climate creates snow that is dry and ideal for winter activities such as skiing and snowboarding. Numerous ski resorts are spread out throughout the greater Salt Lake City area. Salt Lake City even hosted the Olympics back in 2002. Salt Lake City and Park City bring in avid winter sports enthusiasts worldwide. Will leave you with one more fun fact. Utah was home to the first-ever Kentucky Fried Chicken!

Traditional and Non-Prime Mortgage Options in Utah

The team at Gustan Cho Associates can help homebuyers by getting pre-approved prior to moving to Utah with the best home loans with the lowest rates. Gustan Cho Associates is Pleased to Offer Its Full Schedule of Home Loan Programs in Utah. Mortgage programs are offered in Utah! We are happy to offer our no overlay lending services throughout Utah. And many of our readers are happy to learn they may qualify for a mortgage loan even if another lender has turned them down.

No Overlay Lender in Utah With Access To Non-QM Home Loans

Most banks and lending institutions have strict overlays on their mortgage programs. An overlay is an additional requirement above and beyond the federal guidelines to qualify for a mortgage loan. Gustan Cho Associates do not have overlays on our conventional, FHA, VA, or USDA mortgage programs. Let’s dive into more detail. Gustan Cho Associates are experts in traditional government and conforming loans, plus experts on non-QM and non-prime mortgages. Gustan Cho Associates are mortgage brokers licensed in 48 states with over 210 wholesale mortgage lenders.

Conventional Loan Requirements For Utah

Gustan Cho Associates offer highly competitive conventional mortgage loans. Many of our investors are direct Fannie Mae and Freddie Mac lenders. Conventional mortgage lending can be a tricky area to navigate. With today’s highly regulated mortgage market and uncertain market conditions, Fannie Mae and Freddie Mac have tightened up their lending criteria. Manual underwriting is not allowed for conventional mortgage lending, so you must receive automated approval through a desktop underwriter or loan prospector.

The Devil’s in the Details – Automated Mortgage Approvals versus Manual Underwriting Approvals

These are the respective names of the automated underwriting system or AUS for the Fannie Mae and Freddie Mac programs. Some basic qualifications for conventional mortgage lending are:

• 620 minimum credit score
• 49.9% maximum debt to income
• 3% down payment for qualified first-time homebuyers
• It May be used to purchase a second home or investment property
• Allowed for single-family homes, condos, 2 to 4-unit properties

FHA Home Loan Guidelines for Utah

FHA mortgage lending is one of our main areas of expertise. Many lenders have strict overlays on their FHA mortgage lending, making qualifying difficult. As stated, we do not have overlays on our FHA mortgage programs. We specialize in manually underwriting FHA mortgage loans.

Gustan Cho Associates Says Yes to Utah Borrowers in Chapter 13 Bankruptcy with FHA Home Financing

We can help clients in an active Chapter 13 bankruptcy or less than two years of discharge from a Chapter 13 bankruptcy. FHA loans are a great low-down-payment option for qualified homebuyers. FHA loans have slightly easier qualifications compared to conventional financing.

What Are The Benefits of an FHA Home Mortgage

The team at Gustan Cho Associates are experts in helping borrowers by getting pre-approved prior to moving to Utah with an FHA loan. What are some benefits of utilizing an FHA loan?

• Low 3.5% down payment
• Credit scores down to 500 (500-579 require a 10% down payment, 580 and above require a 3.5% down payment)
• Higher debt-to-income thresholds compared to conventional financing
• You may go all the way up to 56.9% debt to income
• Consistent mortgage insurance compared to conventional loans

Mortgage insurance premiums are standard across-the-board and not based on factors such as credit score and ZIP Code.

VA Loans in Utah With Bad Credit

Having periods of financial distress happens to the best of us. Many people got affected by the coronavirus outbreak in recent years. The outcome has bad credit. Not all lenders VA lenders are the same. Gustan Cho Associates has no lender overlays on VA loans. This means we do not have a minimum credit score requirement, no maximum debt-to-income ratio, no maximum loan limit, and outstanding collections and charge-offs are fine on VA loans.

Utah Military Veterans Are Never Forgotten at Gustan Cho Associates – Zero Down VA Home Loans.

The state of Utah has a high density of veterans. A VA mortgage loan I one of the best mortgage programs available. If you served our country and are eligible for VA benefits, you have been rewarded the savings of a VA home loan. Veterans do not require a down payment when purchasing a home. That puts a huge leg up in today’s housing market.

How Much Money Do I Need To Buy a Home in Utah?

The number one thing holding most Americans back from purchasing a home is the substantial amount needed for the down payment and closing costs. While many veterans believe there are no closing costs, this is a myth. When purchasing a home, a veteran must pay closing costs such as the lender origination, appraisal fees, title fees, taxes, and insurance. The team at Gustan Cho Associates can help our veterans buy a house by getting pre-approved prior to moving to Utah.

VA Loan Eligibility Requirements in Utah

There are ways to finance a home with minimal out-of-pocket expenses. Gustan Cho Associates work with many veterans who can have the closing cost paid for by the seller. For more information on closing cost credit, please call Dustin Dumestre at ddumestre@gustancho.com. There are numerous advantages to a VA loan, including:

• No minimum qualifying credit score
• High debt-to-income ratio threshold
• No down payment
• Competitive interest rates
• No monthly mortgage insurance

Gustan Cho Associates can help homebuyers eligible for VA loans by getting pre-approved prior to moving to Utah.

Non-QM Home Loan Requirements For Utah

NON-QM or Non-Qualifying Home Loans are the Self Employed or Small Business Owners One of the Best Options for Home Loan Financing, and Let’s Not Forget About Investors. NON-QM mortgage lending is a huge area of expertise for our team.

A NON-QM mortgage loan is a specific program geared to helping clients who may not qualify for a typical Fannie Mae or Freddie Mac or FHA mortgage program. Typically, these are self-employed borrowers or real estate investors.

We specialize in programs that are outside the box of everyday mortgage lenders. That is why we can help more borrowers than most banks or lending institutions. The team at Gustan Cho Associates are experts on non-QM loans in Utah and can help homebuyers by getting pre-approved prior to moving to Utah.

Non-QM Loan Programs For Homebuyers and Real Estate Investors in Utah

NON-QM mortgage loan programs in Utah offer bank statement loans and debt service coverage ratio loans. (DSCR), foreign national programs, 1099 income verification loans, and even loan programs where you can qualify with just one year of tax returns.

NON-QM mortgage loans typically have shorter waiting periods for major derogatory credit items such as foreclosure or bankruptcy.

Since hundreds of different NON-QM programs are available, we recommend you contact our team to review your situation. Qualifying homebuyers by getting pre-approved before moving to Utah will not take long. We are experts in this lending area and have no documentation loans available for more information, email Dustin Dumestre at ddumetre@gustancho.com.

USDA Home Loan Requirements in Utah

So You Say What’s USDA Home Financing? Most of Utah Qualifies for USDA. USDA home loans are an amazing loan program that also does not require a down payment. These loans are available in rural areas and are designed to encourage homeownership outside of major cities.

USDA mortgage lending can be confusing if you are utilizing a mortgage team unfamiliar with this program. A gigantic section of Utah is eligible for USDA mortgage programs.

Most of the state is eligible outside the greater Salt Lake and Logan areas. USDA loans do have a strict credit history, credit score, and income requirements. For more information on USDA lending, please call our team today. USDA homebuyers, we are experts for homebuyers on getting pre-approved prior to moving to Utah.

Start Today on Getting Pre-Approved Prior To Moving To Utah

As Gustan Cho Associates grows, we will update our borrowers on the states we are licensed in. We hope you learned a few fun facts about Utah and, more importantly, the programs the Gustan Cho Associates have to offer throughout the state.

Our highly skilled team is here to help you with your mortgage needs with our no overlay platform. Even if your current lender has turned you down, we encourage you to let us put a second set of eyes on your situation. We are experts in helping homebuyers by getting pre-approved prior to moving to Utah.

Getting Pre-Approved Before Moving To Utah

The best reason for getting pre-approved before moving to Utah is the ability to see the entire home-buying process from start to finish, with the situation being less complicated. Discover the benefits of getting pre-approved, including a clearer home-buying budget, a stronger offer, and a quicker closing. See documents, income requirements, credit, loan programs, DPA Utah options, and FAQs.

Why Getting Pre-Approved Before Moving To Utah Is Important

No one wants to deal with the additional stress of house hunting. Getting pre-approved before moving to Utah helps give you a specific range of what you can afford. It helps sellers see that you’re serious and can afford the home.

Less Stress, Stronger Offers

A pre-approval is a letter that confirms your income and assets have been verified and have been reviewed by a lender. Sellers in Utah are likely to choose buyers who have already finished these steps in underwriting.

A Realistic Budget For Utah

Every city and county in Utah has property taxes, varying home prices, and HOA fees. After pre-approval for a Utah mortgage, you will see your maximum purchase price, along with a customized payment, closing costs, and rate options tailored to your needs.

Shorter Time From Contract To Keys

Completing the steps taken before closing makes the job of the appraiser, title company, and final condition setting during closing much easier. This means that you can finalize your move-in date on the day that coincides with the start of your new job or the time your new lease begins.

How Mortgage Pre-Approval from Utah Works for Out-of-State Buyers

People looking to relocate can do all of this online and over the phone. You do not need a Utah address to get started.

Checklist

• Discovery call: Discuss goals, timelines, budget, and credit profile.
• Application: Complete the secure online application using your current out-of-state information.
• Document upload: Submit your identification, income, and asset documents (listed below).
• Credit review: We look at your scores, debt, and DTI (debt-to-income ratio).
• Manual underwriting: We may issue a pre-approval or conduct a full underwrite to determine the decision.
• Offer letters: We customize these to reflect the address and price of each Utah property.

Required Documents

• A government-issued ID along with your SSN.
• Income: Pay stubs from the last 30 days, W-2s from the last 2 years, and your complete tax return (if self-employed – 1099).
• Assets: Your last 60 days of bank statements and your retirement account statements.
• Housing history: Your current mortgage or lease/lease and your payment history, showing timely payments.
• Job Change/Relocation: Your job relocation offer letter, remote work agreement, start date, and salary.

What Lenders Verify: Credit, Income, and Assets

• Credit score and liabilities: For the calculation of the debt-to-income (DTI) ratio and what programs you qualify for.
• Income: Stability in your base, bonus, overtime, and commission (if applicable).
• Or the history of income from a business.
• Sourced funds: You must document the amount of your down payment, closing costs, and reserves.

Employment and Income Rules When Relocating

• W-2 Employees: Offer Letter and Remote Roles.
• Moving to a new position?
• Most programs accept signed offer letters, along with the corresponding start dates.

Self-employed & 1099

• Conventional loans generally need two years of tax returns.
• If your write-offs bring down your taxable income, you could check out bank-statement loans (which require business deposits) as a Non-QM alternative.

Variable or Gig Income

• Typically, documents showing commission, overtime, and gig income, as well as an expectation of continuation, are integral.
• Under program rules, we will compute the average income and clarify what is accessible.

Loans to Help Relocate to Utah

Conventional – Fannie Mae / Freddie Mac

• Minimum down payments range from 3 to 5 percent for buyers who meet the appropriate qualifications.
• If you have sufficient equity, you can have your private mortgage insurance PMI removed.
• This is suited for people with strong credit profiles and stable, consistent incomes.

FHA Loans

• For credit scores between 580 and 639, you can qualify with a 3.5 percent down payment. You can also qualify with a 10 percent down payment if your score is between 500 and 579.
• Has the possibility of manual underwriting with some private mortgage insurance and with other compensating factors.
• This option offers more flexibility regarding a few credit issues compared to FHA loans.

VA Loans

Must be an Eligible Veteran or Service Member.

• Must have zero domestic down payments with more flexibility regarding credit and no monthly private mortgage insurance.
• This would be the ideal option for PCS moves and for veterans moving to Utah.

USDA Loans

• Must be in a zero-down payment program and specific rural areas, with some caps on household income.
• Also helpful in many communities located outside major metropolitan areas.

Non-QM and Specialty loans

• This would include bank statement loans for the self-employed.
• Other loans include DSCR loans, which are available to investors who qualify based on the property’s cash flow.
• There are also interest-only, jumbo, and other loans with alternative documentation.

Utah’s Closing Costs and Down Payments

The Utah Housing Corporation \UHC\ and Others

• Utah buyers can also receive down payment assistance from the other local and statewide programs.
• Down payment assistance \DPA\.
• For pre-approval, it’s essential to verify your income limits, as well as your credit and property eligibility, so that we can find the best options for you.

Gift funds, seller credits & rate buydowns

• Gift funds will be accepted from families, provided the funds can be properly documented.
• Seller credits may be used towards closing cost obligations, but they are subject to the program’s limits.
• 2-1/1-0 buydowns allow the borrower to pay lower monthly payments for the first year or two, followed by higher payments for the subsequent years.

Property Types & Utah-Specific Considerations

Primary vs. second home vs. investment

• Loan terms, down payments, and rates will vary depending on the occupancy status of the home.
• Be sure to specify whether the Utah home will be a primary residence, a second home for vacations, or an investment property.

Mountain-town condos & HOAs

• In ski and resort towns, condos may be subject to warrantability reviews (including budget, reserves, litigation, and short-term rental rules).
• Be sure to get these checked before submitting an offer.

New construction vs. resale

• New construction may have longer timelines and more fluctuating pricing.
• In contrast, resale homes may have quicker closing timelines but are more likely to require the use of appraisal gap strategies in competitive neighborhoods.

Timing Your Move: Lease, Home Sale & Pre-Approval Expiration

Pre-approval validity

• Most letters are valid for around 60 to 90 days, but can be renewed with new or updated documentation.
• To be the most prepared for when the perfect Utah home comes on the market, this process should be started as soon as possible.

Rate locks

• Typically, a rate is locked in upon receipt of a signed contract.
• If you are buying a new construction home, there are options for extended rate locks.
• You should inquire about terms and pricing.

Accelerated TBD Underwriting

• Having a pre-approval that is fully underwritten makes it easier to eliminate potential issues. It gives your offer a higher standing than other buyers, such as those with cash or local buyers.

How to be Successful in Utah’s Competitive Market

Obtain a fully underwritten pre-approval

This can improve your ability to negotiate and can help have shorter financing contingency periods.

Confirm Cash-to-Close Upfront

• Underwriters appreciate transparency.
• Provide documentation to account for every dollar regarding the down payment, closing costs, reserves, and earnest money.

Collaborate

• The Utah buyer’s agent, your lender, and the title company must work together to ensure all due dates for the HOA documents, the appraisal timing, and closing details are met.

Common Problems—and How To Make Things Better

• Credit scores under 580.
• FHA with 10% down is still possible.
• Rapid-rescore strategies, paying down revolving balances, and deleting erroneous items can help.

High DTI

• Pay down debts, increase down payment, or switch to a program with higher DTI tolerance.
• Consider Co-borrowers or Non-QM if appropriate.

Limited Credit History

• Build trade lines, use secured cards, or add authorized-user accounts (when appropriate and allowed) to establish depth.

Why Work With Gustan Cho Associates

• No overlays on government and conventional loans, just with agency guidelines.
• Manual underwriting of borrowers with recent credit hits or very thin credit files.
• Comprehensive Non-QM menu of products: bank-statement, DSCR, jumbo, and recent housing events.
• Relocation-friendly with secure e-signing and online document movement.

Getting Started Today

• Apply online to get pre-approved before moving to Utah.
• Upload documents to our secure portal.
• Review options in terms of payment, including cash-to-close and specifically designed programs for your move.
• Shop homes with a good letter and a realistic budget.

FAQs: Getting Pre-Approved Before Your Move to Utah

Is a Utah Address Required To Be Pre-Approved?

• Not at all.
• You may get pre-approved before moving to Utah and using your current home address.
• We change to the Utah address once you’re under contract.

Am I Able to Qualify With a Remote Job Offer in Utah

• Most of the time, yes, with a signed offer letter that shows your start date, job title, and salary.
• Some programs may require a pay stub before the closing date, and we’ll ensure it is set up correctly.

Is Remote Work Employment Considered Utah Income?

• If your employer allows you to work remotely from Utah, that income can typically be used.

How Long Can I Stay Pre-Approved?

• Typically, it takes 60–90 days, and it is only a minor task to refresh with updated pay stubs and statements.

What Credit Score is Good?

• Requirements differ between programs.
• FHA loans can start at 580 with a 3.5% down payment (or 500-579 with a 10% down payment), while Conventional loans usually prefer a higher score for the best rates.

What Options Do I Have if I’m Self-Employed?

• Most traditional loans need two years of tax returns.
• If that is a problem due to shortfalls resulting from write-offs, consider our bank statement loans.

Is $0 Down Possible in Utah?

• Yes, if eligible for VA or USDA for certain areas.
• Utah buyers may also layer down payment assistance to reduce cash-to-close when eligible.

Is Financing Condominiums in Utah Be Difficult?

• Some are.
• Warrantability, reserves, active litigation, and short-term rental rules.
• To prevent slowdowns, we review condo documents earlier in the process.

What If The Reason For My High DTI is My Current Out-of-State Housing?

• We can examine tiered departure-residence scenarios (rent it, sell it, use a lease) to comply with a program targeting a certain DTI.

Will My Student Loans Affect My Approval?

• Yes, it will count in DTI.
• However, as policies vary by program, a calculation will be made at the IDR or a certain percentage of the balance.

How Much Cash Do I Need Aside From The Down Payment?

• In addition to your down payment, also set aside cash for closing costs (2%-4% of your loan amount) and reserves if required.
• Plus, the costs of appraisal can be covered using seller credits and DPA.

Are Investors Relocating to Utah Eligible For DSCR Loans?

• Yes.
• DSCR loans primarily qualify based on the value of the property’s rent compared to the payment, making them ideal for investors expanding their portfolio in Utah.

Do you need assistance getting pre-approved before moving to Utah? Contact us, and we will outline the best loan pathway tailored to your budget, along with the necessary documents required for your relocation.

Gustan Cho Associates Are Here Waiting and Ready to Getting Pre-Approved Prior To Moving To Utah!

Pre-approval inquiry does get classified as a `hard pull`, meaning your credit score could get reduced by a few points for a short period of time. Most of the time, though, the effects aren’t too drastic.

Getting pre-approval is a wise action to take before migrating to Utah. It is likely to save time, effort, and a great deal of disappointment. You will get your home in the Beehive State by following the steps and having a good understanding of the process.

Home values are expected to climb even with the federal government intervening with rising interest rates. The nation has a low housing inventory, and Utah is not exempt from this problem. The housing market is highly competitive, and you need a mortgage team to do your job. We can help homebuyers get pre-approved prior to moving to Utah. We encourage you to contact our team as soon as possible with any mortgage-related questions. We can be reached via phone, email, or text! We can help homebuyers by getting pre-approved prior to moving to Utah.