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First Community Bank Utah
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Mortgage Loans

row of houses in Utah

Turn your home dreams into a reality.

Are you ready to finance the house of your dreams? Whether you’re a first time-home buyer or just looking to upgrade, we can help you find the loan that makes you feel right at home. Not all mortgages are created equal. Let our experienced lenders help you sort through the financing options! Explore the solutions below to begin your journey: 


Current Homebuyer Incentives

New Construction Home Benefit*

Receive benefits on your long-term financing for your new build. Get up to $8,065 or a 1% discount when you finance with FCB!  You can apply this benefit to help with any of the following: 

  • Closing costs
  • Prepaid items
  • Permanent interest rate buy down
  • Temporary interest rate buy down

Relationship Pricing**

Receive a mortgage discount in the form of point reductions to reduce interest rate or closing costs when you develop a deposit relationship with First Community Bank. We offer the following benefits: 

Checking Account Discount | Receive a 0.25% points discount with any FCB Checking Account and auto-pay of new mortgage

Deposit Relationship Discounts | Receive various points discounts for deposit balances in a FCB Checking Account for the following tiers: 

  • $50,000-$99,999 = 0.125% points discount
  • $100,000 plus = 0.25% points discount

The Checking and Deposit Relationship Discounts can be combined (ex. Checking Account discount of 0.25% plus $100,000 plus in deposits of 0.25% equal a total discount of 0.50% in points).


We offer a variety of programs to get you started.

One-Time Close Construction Loan

Get Preapproved

Extended Rate Lock
If you’re building your home, take advantage of our one-time-close loan with the following benefits:
  • Only one loan application required
  • Pay only one set of closing costs
  • 12-month interest-only payments during construction
  • Ability to lock in your end loan up front
 Being Pre-Approved instead of pre-Qualified means that the lender has taken the time to verify your information. This can help the process by…
  • Shop with confidence that you are fully approved
  • Knowledge of exactly how much house you can afford
  • Increased bargaining power in the market
Need more time before you can close? We offer extended rate locks up to 6 months.
  • If you are worried about market volatility you can lock and know you are protected.
  • Option to “float down” if rates improve.

Purchase Loans

We have solutions for first-time homebuyers, existing home buyers, second homes and investors. 

Refinances and Cash-Out Refinances

If you are trying to lower your rate, change your monthly payment or get cash out of your equity we have multiple cash out and no cash out options.

Down Payment Assistance 

We work with Utah Housing Authority to provide 100% financing options & zero down payment assistance with your new home. Contact our mortgage team for more information. 

We offer product types for every need. 

A conventional mortgage is a loan that is not guaranteed or insured by any government agency. Conventional mortgages can be conforming or non-conforming. Conforming mortgages follow Fannie Mae, Freddie Mac and Government-Sponsored Enterprise (GSE) guidelines. A typical conventional mortgage offers a longer repayment term, fixed rate options, and down-payment requirements as little as 3%. They’re available for financing one to four primary residences, second homes and investment properties.
A portfolio loan is one that the lender keeps ‘on-their-own-books’ rather than selling on the secondary mortgage market, where lenders buy and sell loans and servicing rights. These mortgages are often used to serve customers who fall just outside the guidelines for a secondary market loan.
Interest rate is subject to change upon predetermined time frame. Products are available with an initial fixed rate period of three, five, seven, or ten years after which the interest rate would adjust once a year. ARM loans are attractive to purchasers based on certain circumstances. Some ARM loans can be converted to a fixed rate. For more information about Adjustable-Rate Mortgages, check out the CHARM booklet (447KB) from the CFPB.
This custom construction loan comes with several advantages. You lock in your construction rate and permanent rate upfront. You make interest only payments during the construction phase and then the loan converts to a permanent loan, no requalifying or need to refinance. We help work with your builder during construction and draw requests using an online tool called “Get Built”.
If you are looking to purchase a lot to build on in the future or looking for an investment we have several loans options. For those looking to build we offer a 30 year amortizing loan that balloons in 3 years, or for those looking to hold on the property longer we offer a 15 Year 5/5ARM.
Federal Housing Authority (FHA) loans are federally backed and provided by an FHA-approved lender. FHA loans typically have lower minimum down-payment requirements than conventional loans and are more flexible with regard to credit score requirements. FHA loan recipients are required to carry mortgage insurance and need to live in the residence for the first year. These loans typically have lower rates than conventional loans.
Since 1944, active-duty service members, veterans, reservists and surviving, unmarried spouses, have attained affordable home ownership through the VA loan program. These loans are backed by the US Department of Veterans Affairs (VA) and provided by approved lenders. They allow qualifying buyers to secure 100% financing at lower rates and fees than with conventional mortgages.
Rural Development (RD) loans are designed to serve buyers in identified rural areas. These mortgages are guaranteed by the US Department of Agriculture (USDA), which sets lending guidelines. These loans are provided by approved lenders, and offer 100% financing, low rates, and affordable payments. RD loans have income limits based on family size.
A jumbo mortgage, or jumbo loan, is financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA). Limits across the nation vary by county. A jumbo loan is not eligible to be purchased, guaranteed or insured by Fannie Mae or Freddie Mac or subject to Government-Sponsored Enterprise (GSE) guidelines. Sometimes designed to finance luxury properties and homes, jumbo mortgages come with unique underwriting requirements. Jumbo loans typically require higher down payments.
Being a medical professional can take years of work, dedication and often financial sacrifice. At First Community Bank our medical professional home loan can assist medical, dental or wellness professionals to overcome the unique challenges faced when qualifying for a home loan-especially if you are just starting out. 
  • Up to 100% financing
  • Internships and residency included
  • Student loan debt is excluded
All loan decisions are subject to First community Bank approval. Any Student Loan debt deferred for 12 months or more is not included in the calculation of the debt-to-income ratio. Owner-Occupied Primary residence only. No secondary financing allowed. Borrower must have an existing depository relationships with First Community Bank or any Division of Glacier Bank prior to closing.

*New Construction Home Benefit | Offer valid for up to $8,065 or 1% of loan amount, whichever is smaller. Available with First Community Bank secondary market conventional, Jumbo, FHA, and VA Loans up to $806,500.

Offer only valid for costs described and cannot be used to decrease loan amount. Not valid with custom construction or any other promotion. Loan must close with First Community Bank. Employees are not eligible for builder promotion. All loan decisions are subject to First Community Bank's internal lending constraints  and the unique credit circumstances of the borrower. 

**Relationship Pricing Benefit can be applied to any mortgage product with the exception of 12 Month Construction only loans. The program can be applied to the permanent loan. The new account and deposits must be established and in the account, verified by underwriting, before the discount can be applied to the loan and disclosed.

The program cannot be combined with any other mortgage promotion and is subject to change at the discretion of First Community Bank. Employees are not eligible for builder promotion. All loan decisions are subject to First Community Bank's internal lending constraints  and the unique credit circumstances of the borrower.