You Might Qualify for More Home Than You Think!

You don't need to have everything figured out to take the first step toward homeownership.

For many Utah homebuyers, the biggest obstacle isn't finding a home they love. It's figuring out how much home they can comfortably afford.

Between interest rates, down payments, credit scores, and closing costs, home financing can feel complicated. But here's the good news: getting prequalified is often easier than you think, and it can open the door to opportunities you didn't know were available.

Why Get Prequalified Before Shopping for a Home?

Imagine finding the perfect floor plan, choosing your favorite homesite, and picturing your family moving in—only to discover the monthly payment doesn't fit your budget.

Pre-qualification helps you avoid that disappointment.

By reviewing basic information about your income, debts, credit, and finances, a lender can provide an initial estimate of what you may qualify to borrow.

Even better, you'll have a clearer understanding of:

• Your estimated home-buying budget

• Potential down payment requirements

• Available mortgage programs

• Estimated monthly mortgage payments

• Possible closing cost assistance

It's not about finding the most expensive home you can afford. It's about finding a home you can comfortably enjoy (opens in new tab).

You May Have More Financing Options Than You Realize

One of the biggest misconceptions about buying a new home is that you need 20% down.

Fortunately, several mortgage programs offer more accessible options for qualified buyers.

First-time homebuyer programs: Utah Housing offers financing and down payment assistance programs (opens in new tab) that may help eligible buyers overcome upfront costs.

FHA loans: Qualified buyers may purchase with as little as 3.5% down.

VA loans: Eligible veterans and military service members may qualify for zero-down financing.

Conventional loans: Some programs allow down payments as low as 3%.

Rural development loans: USDA financing may offer zero-down opportunities for eligible buyers purchasing qualifying properties.

The right loan depends on your finances, eligibility, and the home you're purchasing.

Why Work With a Preferred Lender?

When you're buying a new construction home (opens in new tab), working with a lender familiar with your builder can make the process feel more comfortable.

Preferred lenders understand construction timelines, purchase contracts, and available builder programs. They can also help you explore financing options that fit your goals.

At UpDwell Homes, we work with two preferred lending partners who can help you get started.

Rocket Mortgage | Brad McOmie

Brad offers FHA, VA, conventional, and rural financing options. Qualified applicants may also receive 1% toward buyer closing costs, subject to approval and program terms.

Start Prequalification with Brad McOmie → (opens in new tab)

Arbor Financial Group | Rick Carter

Rick can help first-time homeowners explore mortgage options, including Utah Housing programs designed to make homeownership more accessible.

Start Prequalification with Rick Carter → (opens in new tab)

Your Dream Home Starts With One Simple Step

You don't have to be ready to move tomorrow to start exploring your options.

Getting prequalified today can help you understand your buying power, prepare financially, and shop for a new home with greater confidence.

And when you're ready, the team at UpDwell Homes can help you explore floor plans (opens in new tab), available homesites, and new construction opportunities throughout Utah.

Wondering how much home your budget could buy?

Connect with one of our preferred lenders today, then explore UpDwell Homes (opens in new tab) and discover what's possible.

Your next chapter could be closer than you think.

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UpDwell Homes is not a mortgage lender and does not make lending or credit decisions. Buyers are welcome to use any lender they choose. Prequalification is not a guarantee of loan approval. Financing programs, down payment requirements, and incentives are subject to eligibility, lender approval, and availability. OAC means on approved credit.