Your Path to the Perfect Home Starts Here

Want your dream home? We can help. Altius Mortgage makes buying, refinancing, or investing in a home easy. Our experienced team is here to guide you through every step of the process, ensuring you understand your options and make the best decisions for your financial future. As one of the leading mortgage companies in Utah, we offer a wide range of loan products, including conventional loans, FHA, VA loans, and more. Our mortgage brokers in Draper, UT, will work closely with you to understand your financial needs and find the perfect loan for you. We pride ourselves on our customer service and dedication to helping you find the best home mortgage in Utah. Let us guide you to your new place.

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Home Loans

Made Easy With Altius

Choosing the right home matters. Utah mortgages can be tough to market, but with Altius, our home mortgage brokers in Utah will find you the perfect loan for your next home. At Altius, we recognize that each homebuyer’s financial situation is unique. That’s why we offer a personalized approach to mortgage lending, carefully assessing your needs to match you with the best home mortgage in Utah. Whether you’re a first-time buyer or a seasoned homeowner, we have the expertise to help you make informed decisions about your mortgage.

As your trusted Utah mortgage company, we don’t just provide loans – we provide clarity. From interest rates to down payment options, we handle the complexities for you so you can focus on the excitement of your new home. Our local insight and industry experience are why we’re the area’s go-to mortgage experts.

Find Your Loan Officer

Introducing our team leaders, guiding visionaries and remarkable members driving excellence in every endeavor

Neal Bingham

NMLS ID 208011

David Monson

NMLS ID 293876

Victor Orlando Reyes

NMLS ID 1576259

Brittany Butterfield

NMLS ID 2000481

Gerry Weber

NMLS ID 310009

Darren Cardwell

NMLS ID 2159177

David George

NMLS ID 311195

Lisa George

NMLS ID 1642185

Kristin Drechsel

NMLS ID 309155

Tom Jager

NMLS ID 318017

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Tom Chamberlain

Draper, UT

"I’ve refinanced a couple of times with Dave and the Altius Mortgage team, and most recently had the privilege to work with them when we built our most recent home. Dave makes sure you are taken care of and all questions answered. I made the mistake of working with others in the past whom were certainly not as hands on with the process. But with Altius, rest assured you are in good hands. Our next refinance, we’ve got Dave on speed dial. Thanks Altius Mortgage!"

Daniel Colyar

Salt Lake City, UT

"We had a great experience at Altius Mortgage and Neal went out of his way to help with our unique situation. Even though we did not end up refinancing he always had prompt feedback and outlined all options for us to work through divorce decrees and lawyers. His advice and direction was appropriate and timely. He was happy to help and excited that we were able to find a resolution unique to our needs that didn't result in a refinance. An amazing experience."

Lynn Tiatia

Salt Lake City, UT

"I can’t explain how blessed me and my family are to have Victor Reyes as our officer. After 17 yrs of marriage, we were able to purchase our very first Home through Victor and Altius Mortgage. Victor is sharp, very knowledgeable, transparent, clear and concise! He’s one of the most genuine people you’ll meet. He truly cares for you and your situation. He got us closed, pretty much within 3 and a half weeks(although it felt like an eternity🤣) With an interest rate well below the national average. I reached out to a second opinion for a mortgage pre approval and they could not figure out or come close to Victors work! In this mortgage game, He’s HIM! Thank you Altius and Victor! THE BEST IN THE INDUSTRY 🤝🏽"

Ashley Crockett

Salt Lake City, UT

"We used Altius Mortgage as part of the process of buying our first home. It started off with an innocent conversation with Neal talking about Teacher Loan programs, and turned into an amazing conversation where Neal gave me amazing information about building our credit, what the market is like right now, and finally, a discussion about our current finances and the real possibility of buying our first home! Neal and the company has been with us every step of the way, ready to answer any question and go the extra mile to help us. I am proud to say that just a few days ago, we were able to close on our first home thanks to Altius Mortgage!"

Catie Paulsen

Salt Lake City, UT

"My husband and I had such a positive experience in using Altius Mortgage for our home loan. As first time home buyers, we had a lot to learn. Stacy and Shawn were there for us to answer every single question and to guide us smoothly through the process. Their knowledge and wisdom enabled us to purchase the first home of our dreams. We can’t recommend their services enough! They were professional, encouraging, supportive and made the whole process fun. We are so grateful for them and will recommend them to everyone we know."

Mortgage Brokers in Draper, UT

Your Home, Your Loan.

Need a home loan? We offer many types of loans to fit your needs and budget, including conventional, FHA, VA, and USDA. Let Altius Mortgage find the perfect loan for you.

Home Purchase Loans

Refinancing Solutions

First-Time Homebuyer Programs

Loan Programs for Investors

Non-QM Loans

Down Payment Assistance

Construction Loans

Reverse Mortgages

Construction Loans

A construction loan is a short-term financing option specifically tailored for funding the construction of a new home. Unlike traditional mortgages, which are disbursed in a lump sum, construction loans are released in phases, corresponding to the completion of specific construction milestones. This approach ensures that funds are used wisely and allocated as needed throughout the building process.

Reverse Mortgages

A reverse mortgage is a unique loan product designed specifically for homeowners aged 62 and above. It allows you to access a portion of the equity you’ve built up in your home without having to sell or make monthly payments. Unlike traditional mortgages, the loan balance grows over time as you receive funds, rather than decreasing with each payment.

Down Payment Assistance

Provides information and assistance on various programs available to help with down payments, making homeownership more attainable for a wider range of clients.

Non-QM Loans

Focuses on offering loan options for borrowers with non-traditional income sources or credit challenges, ensuring broader accessibility to home financing.

Loan Programs for Investors

Catering specifically to real estate investors, these programs offer financing solutions for investment properties, including rental and resale ventures.

Home Purchase Loans

Offering a variety of loan options for buying a home, including conventional, FHA, VA, and USDA loans, each tailored to different borrower needs and financial situations.

Refinancing Solutions

Provides options to refinance existing mortgages, helping homeowners to adjust their interest rates and terms or access equity through cash-out refinancing.

First-Time Homebuyer Programs

Specialized services designed to assist first-time buyers, including educational resources and down payment assistance, to make the home buying process more accessible and manageable.

Frequently Asked Questions

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First Time Home Buyers

What are the requirements for first-time home buyers to qualify for a loan?

To qualify, you typically need a credit score of at least 620, a stable income, and a debt-to-income ratio lower than 43%. Some programs allow lower credit scores or DTIs.

What programs are available specifically for first-time home buyers?

Programs include FHA loans with lower down payments, USDA loans for rural homes, VA loans for veterans, and local first-time buyer assistance programs offering grants or down payment assistance.

How much down payment is typically required for first-time home buyers?

Down payments can range from 0% (VA and USDA loans) to 3.5% (FHA loans) and up to 20% for conventional loans, depending on the loan type and your credit situation.

What are the advantages of being a first-time home buyer?

Advantages include access to special loan programs, lower down payments, potential tax benefits, and various state or local grants and programs designed to help first-time buyers.

What should I know about the home buying process as a first-time buyer?

Understand your budget, get pre-approved for a mortgage, research neighborhoods, hire a real estate agent, and be prepared for closing costs and other expenses beyond the down payment.

Loan Types and Options

What are the differences between fixed-rate and adjustable-rate mortgages?

Fixed-rate mortgages have the same interest rate and monthly payment for the life of the loan. Adjustable-rate mortgages (ARMs) have a rate that may change periodically, affecting your monthly payment.

Can you explain the benefits and drawbacks of FHA loans?

Benefits include lower down payments and easier credit qualifications. Drawbacks include mandatory mortgage insurance premiums (MIP) and limits on loan amounts.

What is a VA loan and who qualifies for it?

VA loans are for veterans, active-duty military, and some surviving spouses. They offer no down payment options and no private mortgage insurance (PMI). Eligibility is based on service requirements.

What are the differences between conventional loans and government-backed loans?

Conventional loans are not insured by the government and typically require higher credit scores and down payments. Government-backed loans (like FHA, VA, and USDA) offer lower down payments and are easier to qualify for but may have other requirements or fees.

How do I decide which type of mortgage is best for me?

Consider your credit score, down payment capability, long-term financial goals, and whether you qualify for any government-backed loans. Consulting with a mortgage advisor can help determine the best fit for your situation.

Mortgage Glossary

What is APR and how does it affect my loan?

APR (Annual Percentage Rate) represents the total cost of borrowing, including the interest rate and other loan fees, expressed as a yearly rate. It helps you compare the total cost of different loans.

Can you define what a mortgage refinance is and when it might be beneficial?

Refinancing is replacing your existing mortgage with a new one, often to lower the interest rate, reduce monthly payments, or tap into home equity. It’s beneficial when interest rates drop or your financial situation improves.

What does LTV (Loan to Value) mean?

LTV ratio measures the relationship between the loan amount and the value of the property. It’s calculated by dividing the loan amount by the home’s value. Lower LTV ratios can lead to better loan terms.

Explain the difference between pre-qualification and pre-approval.

Pre-qualification is an initial assessment of your lending power based on self-reported financial information. Pre-approval is a more rigorous process that involves a credit check and verification of your finances.

What is PMI (Private Mortgage Insurance) and when is it required?

PMI is insurance that protects the lender if you default on your loan. It’s typically required on conventional loans when your down payment is less than 20% of the home’s value.