Frequently Asked Questions

You can fill out my application HERE, call for a free consultation 801-636-3881, or email me with any questions you have at ejohnson@shmloans.com to get started.

• Credit history
• Debt to income ratios
• Down payment amount

To learn more about the different types of home loans visit this page or contact us today!

Yes, through UT Housing, VA, USDA, creative financing and/or some grant programs depending on eligibility. Ask me about eligibility for these programs. 

There are many factors that go into the length of time it takes to process each loan. While the national average is 47 days, at Security Home Mortgage we expedite the process, making our typical time to complete a loan for most cases between 14-30 days. With some files closing in as little as 7 days. This time may vary depending on property types, the seller contract etc. 

The lender must obtain a credit report for each borrower on the loan application who has an individual credit record. The credit report must be based on data provided by the national credit repositories. Because of this, even if you have pulled your credit score, for the credit score to be considered valid it must be pulled directly from our certified credit bureaus through the loan application process. 

Typically pulling your credit report for a mortgage will lower your score by 3-6 points. You can recuperate those points typically within a month. After your credit has been pulled you have 45 days to shop for a mortgage with no additional penalty. 

The answer is...it depends. These regulations are continually re-evaluated, and it may actually be a shorter wait time than you think. Call me with your scenario and I will let you know where you stand.

The answer is...it depends.  Depending on your line of work there may be no wait time in order to buy a home. But there are certain circumstances where you will have to wait. Call me for the details.