Conventional mortgages are offered at 10, 15, 20, 25, and 30 year terms. There are a number of advantages to a conventional loan; these advantages include flexibility and lower costs. Also, conventional loans do not have up-front mortgage insurance. FHA loans are insured by the Federal Housing Administration and require a minimum of 3.5% down.
This loan program is very popular for first time homebuyers. For Cache Valley home loans we offer FHA loans because FHA loan programs are particularly. USDA (Rural Housing) home loans are offered in rural areas as determined by the United States Department of Agriculture (USDA). The goal of USDA is to help lower income households obtain home loans at reasonable mortgage rates in rural areas.
This loan program is very popular for first time homebuyers. For Cache Valley home loans we offer FHA loans because FHA loan programs are particularly. USDA (Rural Housing) home loans are offered in rural areas as determined by the United States Department of Agriculture (USDA). The goal of USDA is to help lower income households obtain home loans at reasonable mortgage rates in rural areas.
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About Us
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Founded in 2005, our brokerage has been providing loan services to the great people of Cache Valley, UT and the surrounding areas. We take great pride in our work! We would love to help you - please contact us today! We are passionate about our industry and we exist to serve the needs of our clients.
Cache Valley's Number One Brokerage
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I'm Justin Molyneux, the primary lending manager for Diversified Home Loans. There's nothing else that I'd rather do as a profession, which is helping people from all types of backgrounds to get into the right home with financing that. Chris Coats is a Logan Utah mortgage lender born and raised in Clifton, ID.
Conventional Loans
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Conventional mortgages are offered at 10, 15, 20, 25, and 30 year terms. There are a number of advantages to a conventional loan; these advantages include flexibility and lower costs. Also, conventional loans do not have up-front mortgage insurance premiums due. There are few disadvantages.
Conventional loans generally require a larger down payment (at least 20% to avoid mortgage insurance) and have stricter debt to income ratio requirements than the Government Programs.These loans may have monthly private mortgage insurance if certain loan-to-value ratios are exceeded. If you are looking for a Cache Valley mortgage, conventional rates are the most competitive rates available when dealing with a well qualified borrower.
Conventional loans generally require a larger down payment (at least 20% to avoid mortgage insurance) and have stricter debt to income ratio requirements than the Government Programs.These loans may have monthly private mortgage insurance if certain loan-to-value ratios are exceeded. If you are looking for a Cache Valley mortgage, conventional rates are the most competitive rates available when dealing with a well qualified borrower.
FHA Loans
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FHA loans are insured by the Federal Housing Administration and require a minimum of 3.5% down. This loan program is very popular for first time homebuyers. For Cache Valley home loans we offer FHA loans because FHA loan programs are particularly beneficial to those buyers with less money down. The rates on FHA loans are generally market rates, while down payment and credit score requirements are less strict than conventional lending.
VA Loans
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VA guaranteed loans are made by lenders and guaranteed by the U.S. Department of Veteran Affairs (VA) to eligible veterans for the purchase of a home. If you have served in any of the armed forces, you may qualify for this home loan in Logan, Utah. The benefits of VA loans are that the program offers 100% financing, no down payment, and no monthly mortgage insurance.
Reviews (6)
Rob H. Boudrero Iii
Jul 07, 2021
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John Engler
Apr 16, 2021
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I shopped around for a good refi deal, and Justin Molyneux did me one up and proposed an option I had never considered, much less been offered by anyone else. He made the whole process super simple, straight-forward, and very workable. I'm just saying - he bent over backwards, kept his word, and followed through front-to-back. Thanks, Justin!
Steve Douglas
Jul 25, 2020
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Abigail Colungo
Mar 06, 2018
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Working with Diversified Home Loans was such a great experience. I had the pleasure of working with Justin M. This was my first time buying a home and Justin made this whole process so easy and made sure I… understood everything step by step, he was very informative, kept me in the loop and still checks up on me to see if I need help with anything else.. I recommend Diversified Home Loans 110% and if you work with Justin M. its a win win!!
Carrie Bartlett-Hunter
Dec 14, 2017
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Scott Carpenter
Oct 17, 2017
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Working with Diversified Home Loans was truly the best experience I could have had with a home loan company! My wife and I did a refi, and the process was simple and quick. We were kept in the loop through every step of the process, and never wondered what was next. We would HIGHLY recommend Diversified Home Loans to anybody looking for a home loan or a refinance!