Conventional Mortgages


Home Sweet Home

Home loans with Deseret First

Get the right rate, terms, down payment, and pre-approval with a conventional loan at Deseret First. Our mortgage team works with you to find the right loan for your financial situation. Whether this is your first home, fifth home, or an investment property, we’re here to help you.

Questions? We’ve got answers. Visit a branch or call a Mortgage Officer today at 801-456-7070 or 800-326-3328 ext. 7070, M-F 8:30 am- 5:30 pm.

Make It Your Home
Current Mortgage Rates
TermRateAPR
10-Year Fixed-Rate Conventional3.75%3.982%
15-Year Fixed-Rate Conventional3.75%3.982%
20-Year Fixed-Rate Conventional4.00%4.182%
30-Year Fixed-Rate Conventional4.25%4.384%

The annual percentage rates (APRs) listed above represent our best available rates. Your individual rate may be higher depending upon your creditworthiness. Offer subject to change. OAC. Additional products and rates are listed here.

Types of conventional mortgages

inviting kitchen with island and table

Fixed-Rate Conventional Mortgage

  • 10, 15, 20, or 30 Year terms
  • As little as 3% down
  • Constant rate for the life of the loan
  • Loans for primary, secondary, or investment properties
  • Jumbo products available for loans over $453,100
  • High Balance Conventional loans up to $600,300
exterior of home at dusk

Adjustable-Rate Conventional Mortgage

  • 3, 5, 7, or 10 year initial term ARM options
  • Fixed-rate for the initial term, then fluctuates based on market conditions
  • As little as 10% down
  • Loans for primary, secondary, or investment properties

Payment examples listed below are illustrative only and do not include amounts for taxes and insurance premiums, thus, your actual payment obligation will be greater. Additionally, your actual rate may be higher depending upon your creditworthiness. Offer subject to change. Membership and eligibility required. OAC.

30-year Fixed Payment Example: Monthly payments for a $180,000 loan would be $1079.19 for 360 months. Assuming an interest rate of 6.00% (6.122% Annual Percentage Rate). 15-year Fixed Payment Example: Monthly payments for a $180,000 loan would be $1518.94 for 180 months. Assuming an interest rate of 6.00% (6.204% Annual Percentage Rate).

Let’s make that home your own!

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