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West Jordan Home Loan
West Jordan Home Loan

Mortgages near West Jordan, Utah. Want to know different mortgage options near West Jordan, Utah  Here's your guide. Conventional Fixed Rate Mortgages are the most popular of all the mortgages in West Jordan, Utah  From day one, you're paying the same interest rate and monthly payment when you use a Conventional Fixed Rate Mortgage (FRM). Usually this loan requires a 20% down payment, but it is not always required!
The life of this mortgage ranges 10-40 years. Adjustable Rate Mortgages or "ARM" (cool acronym, huh?) are ever-changing. Hence the name 'adjustable rate'. As the market changes, so does your interest rate. It is recalculated on a yearly basis. Since your interest rate changes, your monthly payment changes, too. Usually, the interest rate is lower than what you'd pay for a FRM, but the price can fly higher depending on the market. If you'd like to know more about ARM click here.
An FHA Mortgage loan is the 3rd most popular loan. These loans are private loans that the federal government has insured and stamped for approval. These are for those who can't pay that 20% down that is generally required by the FRM loan. Instead, you pay ... more

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