Salt Lake City Mortgage Companies

Author: Mark Keller

Salt Lake City Mortgage Company

Salt Lake City is a city that is rising in popularity and attracting more and more residents. The current population of the city is estimated at 181,743 people. Salt Lake is by far the biggest city in the state. Salt Lake has 71,402 housing units, (including condominiums and apartments). About 51% of housing units in the city are owner-occupied. Around 71% of owner-occupied housing units in Salt Lake City have a mortgage of from a local

Salt Lake City Mortgage Company . Approximately 17% of housing units in the city carry a second mortgage or home equity loan. These numbers can help you understand that a

Salt Lake City Mortgage Company can compete not only in price but in experience with mortgage companies around the country.

Salt Lake City is the capital and as previously mentioned the most populated city in Utah. The city lies in the north end of the Salt Lake Valley along the Wasatch Front. The valley is surrounded by massive mountains and is in close to the Great Salt Lake. Salt Lake City is one of the regions oldest cities and is the headquarters of The Church of Jesus Christ of Latter-day Saints. The founder of the city was Brigham Young, the leader of the Mormon Church, on July 24, 1847. Brigham Young and numerous Saints traveled across the unsettled west seeking a safe place to practice their religion, away from the persecution they had faced in the East. The city grew quickly as members of the church form all over the world came flooding into the valley. The first Salt Lake City Mortgage Company was formed not long after the city was established. The real estate market in the area has been slow. For years Utah lagged far behind the rest of the country in home values but fortunately in recent years Utah has seen a rapid appreciation of property value and increased population. Much of the press for the 2002 Winter Olympics has helped bring Salt Lake of the shadows and into the real estate market spot light.

Salt Lake is also unique in the way it was laid out. The city is divided into eleven informal neighborhoods, ranging from affluent residential communities to the downtown city center and financial district. The average home price for homes is $300,000. There are however, homes ranging from an affordable $69,900 to $5,000,000. Contact a

Salt Lake City Mortgage Company to get pre-qualified for a Utah mortgage. The University of Utah is also located near the city center creating a solid and growing economy. Many of the university students rent homes in the area. The large student population is great for real estate investors. Buying an older home in the area and then renting it out to students will help you begin to accumulate valuable property in the area. Whether you are looking for your first home or an investment property contact a

Salt Lake City Mortgage Company to learn what kind of mortgage will best fit your needs.

Salt Lake City has something to offer everyone. The local city has a symphony, theater, professional basketball team, professional soccer team, minor league baseball, and the best snow on earth. Utah is well known for its skiing. Salt Lake is located just minutes from so of the best skiing in the world. As the population of the city continues to grow there will be more and more mortgage companies to choose from. Look for a

Salt Lake City Mortgage Company that has a lot of experience and specializes in the area. The sooner you contact a mortgage broker the better because you will get a lower interest rate and will be ready when you find the home of your dreams.

About the author:

Mark Keller is an Account Specialist for 10x Marketing , an internet marketing company. For more information on

Salt Lake City Mortgage Company visit the Lucidia Group.com.