Finding a licensed loan officer in the Salt Lake City area is very easy to do. Finding a good honest trustworthy loan officer may not be as easy. Utah has traditionally been ranked near the top on things like loan fraud and securities fraud. Countless stories from the news cite Utah as a place fraught with fraud. The main point can be summed up with two words caveat emptor which is Latin for “buyer beware”.

By no means is this article meant to scare you into not getting a mortgage nor is it meant to make you suspicious or paranoid, but this article is meant to encourage you to get enough education about mortgages and fees that when it comes time to compare prices and rates, you’re looking at the right numbers and when it comes time to close on your new home, there won’t be any surprises. Consider this website a survival guide for mortgage information.

Although Utah traditionally is near the top of the spectrum of securities and loan related fraud, the majority of loan officers out there are honest hardworking people who you can trust. This website is dedicated to those seeking to apply for a new home loan who simply want to know the right questions to ask because not knowing can literally cost you thousands of dollars.

Salt Lake City is a beautiful place to live as a family and as a single. There are many opportunities for recreation. Utah is a great place to work as well as to own a business. Housing currently is becoming more affordable as the real estate market readjusts to the overinflated prices of the past 3-5 years. Rates are low right now as well. So, you’ve come to the right place.

Using the internet to research mortgage brokers or loan officers can be a great way to start. Several mortgage brokers have websites where they post their rates and fees that will give you a good place to start. Advertising rates for a Salt Lake City mortgage, however, is subject to certain requirements by the Utah division of real estate. So, some of the fees you’ll see published and some of the quotes you hear on the radio or see on TV are not always the rates that you’ll be able to qualify for, so do your homework and review several loan officers before you decide who to go with.