Bad Credit Home Loans in Orem Utah. We help people in Utah find the home financing they need fast. It is our goal to help you achieve your financial goals. If you are looking for a Utah new home loan, a second mortgage, bad credit loans, debt consolidation, or a variety of other loan services, we can help. Bad credit doesn't need to prevent you from being able to refinance your mortgage. We specialize in refinance loans and home mortgage loans. Fill out the quick application form below and someone will be in touch with you shortly.
Mortgage Refinancing in Orem, Utah.
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Assessed Value The value that a taxing authority, such as a county assessor places on real property as a base for computing property taxes. Generally assessed at 80% of value.
Deed of Trust An instrument used in many states in place of a mortgage. The property is transferred to a trustee by the borrower (trustor), in favor of the lender (beneficiary) and re-conveyed upon payment in full.
Foreclosure A termination of the rights of the mortgagor in the property covered by the mortgage; a court process instituted by a mortgagee or lien creditor to defeat any interest or equity of redemption which the mortgagor or debtor-owner may have in the property.
Simple Interest Interest which is computed only on the principle balance.