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First Community Bank Utah
Online Banking Access

Mortgage Loans

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!

Photo of Home at Sunset

Free Appraisals (Limited Time Offer)*

From now until the end of the year, we are offering free appraisals for all mortgage purchase applications, up to a $1,500 value! Contact one of our team members if you are interested.

We offer a variety of programs to help you get started.

One-Time Close Construction Loan

Get Preapproved

Extended Rate Lock

$500 Closing Costs Discount Offer
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.
 We’ve got a housewarming gift for you! Receive a $500 discount on your mortgage closing costs with any First Community Bank Checking Account!**

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.

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 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.

Here are a few tools to help you on your way.


*FREE APPRAISAL OFFER: For all purchase transactions on the secondary market, all loan types. Not applicable for Construction, Land or Lot Loans. Limit up to $1,500 appraisal fee. Can be used in conjunction with the FCB Mortgage Checking offer but cannot be combined with any other additional offer. Valid for all applications submitted on or before 12/31/2022. 
**$500 CHECKING OFFER: Offer valid for any personal checking account opened at First Community Bank (FCB). Checking account must be opened and in good standing with an automatic payment to the mortgage loan set up before closing occurs. Accounts must be funded and have a positive balance to be considered in good standing. Current FCB customers with existing checking account may qualify with the addition of the automatic payment from checking to mortgage. $500 discount will be applied as part of the mortgage closing process granted all conditions are met. Offer valid for any purchase, development, or refinance mortgage loan. Not valid for Home Equity Lines of Credit. One offer per household. Cannot be combined with any other offer. Offer does not apply to current FCB employees. FCB reserves the right to cancel the offer at any time without notice. Mortgage loan closing subject to credit approval. All loan decisions are subject to First Community Bank’s internal lending constraints and the unique credit circumstances of the borrower.