There are a lot of options. No stress. We'll guide you to the best loan options and let you choose.
When today's rates feel out of reach, a temporary buy down or an adjustable-rate mortgage can be a smart bridge — lowering your payment now while you grow into the loan, wait for rates to improve, or plan for a future sale.
On a $400,000 loan at a 6% note rate:
* Payments reflect principal and interest only, shown for comparison purposes. Taxes, insurance, and mortgage insurance are not included. Actual payment will vary.
The buy down cost is the difference in payments — typically funded by the seller at closing. We'll show you exactly what makes sense for your scenario.
FHA loans are government-backed and designed for buyers who may not qualify for conventional financing. Lower credit requirements and a smaller down payment make this the most common starting point for first-time homebuyers.
VA loans are one of the most powerful mortgage products available. If you've served in the military, you may be eligible to buy a home with no down payment and no private mortgage insurance — a benefit few other programs can match.
USDA loans are one of the only remaining zero-down mortgage options available to everyday buyers. If the home is in an eligible rural or suburban area and your income is within program limits, you may qualify for 100% financing with no down payment at all.
Down Payment Assistance (DPA) programs pair a first mortgage with a second loan or grant that covers the down payment — letting qualified buyers purchase with zero or near-zero out of pocket. The most common structure combines an FHA first loan (requiring 3.5% down) with a DPA second that covers exactly that 3.5%, eliminating the down payment entirely.
Conventional loans aren't government-backed, which means more flexibility in property type and loan structure. They're the most common mortgage for qualified buyers with solid credit and stable income.
When a home's price exceeds the conforming loan limit, a jumbo loan fills the gap. Ridge specializes in finding competitive jumbo financing for Utah's higher-value markets — with rates often closer to conventional than you'd expect.
A general rule of thumb: if you can reduce your rate by 0.5% or more and plan to stay in the home for 2+ more years, refinancing usually makes financial sense.
Get a free savings estimateIf your current rate is above market, or if you've built meaningful equity, refinancing might lower your payment, shorten your term, or put cash in your pocket. We'll run the numbers honestly and tell you if it makes sense.
Whether you're buying your first rental or growing a multi-unit portfolio, Ridge has financing built for real estate investors. We know the numbers matter, and we help you move fast when the right deal appears.
Or call us: 801.414.8055