Here are some common mortgage questions.

Salt Lake City Mortgage Advisor

How do I know which loan program is right for me?

There is no right answer to this question. With the large number of mortgage options that are available on the market today, working with an experienced and knowledgeable mortgage professional will be your best bet for getting the mortgage that fits best with your situation.

Using the information you provide, a mortgage expert, like myself, can make sure you end up in the right loan program, with a mortgage that is tailored to your specific needs.

Is there a fee for the online application?

There is no fee for submitting your application online!

If you are interested in purchasing a home and need the financial assistance of a mortgage, simply fill out the easy-to-use online application form on this website. Once your application has been submitted, you will be contacted to discuss your mortgage options and we can go from there!

Are there loan programs for borrowers with low or no down-payment?

If you are stuggling to come up with enough cash to use for a down-payment on the purchase of your new home, there may still be mortgage options available to you!

Mortgage loan programs like those provided by the FHA, allow qualifying borrowers to secure financing with as little as 3.5% down. Depending on your credit, current employment, and a few other requirements, you may even qualify for 100% financing.

Call today to find out more about the low down-payment loan options that may be available to you!

What information will you need from me?

In most cases, you will need to provide:


– Identification

– Current employment and income information

– Current debt information (credit card and other loan balances, bills, etc.)

– Current asset information (bank and investment statements, cash, other property you own, etc.)

– Authorization to pull your credit


Every mortgage and loan program can require different information, so I will let you know what information is needed for your particular case as we move forward with your mortgage.

What does my monthly mortgage payment cover?

Generally, the payments you will be making on a monthly basis to your mortgage lender will be paid toward the principal balance and interest on your loan. With a fixed mortgage, these two payments can be calculated form the beginning and should remain the same for the life of the loan.

You may also be required to pay for mortgage insurance which will then also be added to your monthly payments.


© 2016. Geneva Financial NMLS #42056 BK #0910215
Paul Hasna Loan Originator NMLS #325447
2319 Foothill Dr Suite #220
Salt Lake City, UT 84109