[b][DRAPER, 04/11/2016][/b] – City Creek Mortgage, one of the go-to mortgage companies in Utah, offers fixed rate and adjustable Federal Housing Administration (FHA) loans. This type of loan is government-backed and is especially popular for first-time homebuyers in the state, particularly due to the lower down payment requirements and less strict lending standards than conventional loans.

[b]Lower Requirements and Less Stringent Standards[/b]

FHA home loans are one of the easiest loans at City Creek Mortgage to qualify for. Unlike other types, this is preferable for people who faced financial difficulty in the past, have less than perfect credit, or do not have enough cash for closing. In addition, the FHA loan is insured by the government through the FHA. This protects the lender in the event of borrower default.

City Creek Mortgage specifically offers two rate options: adjustable and fixed rate. The adjustable-rate FHA mortgage has an interest rate that changes periodically over time, while the fixed rate does not. The primary benefit of the former is that borrowers can get a lower interest rate during the initial stage.

[b]Certified Mortgage Planners for Assistance[/b]

City Creek Mortgage has a team of mortgage planners who can help clients determine whether an FHA loan, and whether a fixed rate or adjustable loan, is right for their situation. “Our organization is composed of individuals who have unwavering passion to assist clients in need of the perfect mortgage in Salt Lake City, Draper, Sandy, and West Jordan,” the folks at the mortgage company said.

The mortgage planners are highly trained, knowledgeable, and most especially certified, allowing them to determine the right loan with the lowest interest, and possibly without paying the closing cost, for each client.

[b]About City Creek Mortgage[/b]

City Creek Mortgage is the leading mortgage company in Utah. Apart from their FHA loans and planning service, they also offer a range of other mortgage options like the jumbo home loan. City Creek Mortgage offers innovative tools as well, which help homebuyers see the property they can afford based on their income. Some of these tools include the Mortgage Calculator, Affordability Calculator, and Rate Comparison Tool.

Interested individuals may visit https://citycreekmortgage.com for more information about the company and their services.