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Utah FHA Refinance
As of March 3, 2026, a 30-year fixed FHA loan in Utah is 4.99%(5.945%APR).
Customize Utah FHA loan rates for 30-year, 20-year or 15-year terms. You’ll also find the maximum and minimum lending limits set by the Federal Housing Administration for every county in Utah.
Looking to Refinance Your FHA Loan or Remove PMI? Use Our FHA Refinance Calculator
An FHA refinance is available in fixed rate, adjustable rate, and as a streamline.
↓ Try Our Utah FHA Mortgage Calculator ↓
FHA Streamline
- Are you currently in an FHA loan?
- Do you want to lower your monthly payment, even if you are upside down in your current loan?
- Has your home lost value since your original purchase?
- Is today’s interest rate lower than when you closed on your current loan?
FHA streamline refinance is a program designed for homeowners who have an FHA loan, whose homes have depreciated in value since they closed on their loan, or who are currently paying a higher interest rate than is presently offered.
- You can choose an arm or 15-year or a 30-year fixed term.
- You are not required to have your home re-appraised.
- You do have to meet debt to income requirements.
We take pride in being Utah’s authority in FHA mortgage refinancing. You can bank on our wealth of experience and unparalleled expertise in FHA Streamline Refinance to help you cut down the interest rate on your current mortgage. This refinancing option requires less paperwork to reduce your headaches and further minimize your expenses.
Our experienced mortgage planners will definitely put your best interest above everything else. We do everything we can to make this process as trouble-free as possible.
Whether you need some information about mortgage refinancing in Utah, or you are ready to begin with the process, you can count on our team to help you every step of the way. Contact us today to get started!
Start an FHA Refinance Application
FHA Adjustable Rate
- Do you have less than perfect credit and still want to qualify for a home loan?
- Are you lacking cash to use as a down payment, or have less than 20% equity in your home?
FHA home loans are one of the easiest loans to qualify for, especially if you have faced financial difficulty in the past, have less than perfect credit, or lack equity or cash for closing. These government-insured loan programs enable lenders to take more risk with qualifying people for a loan, which opens up the opportunity for more Americans to own their own home. Your credit score can be as low as 580 to qualify. For a primary residence, you can refinance up to 97.75% of your home’s value, and you can purchase a place with as little as 3.5% down. Pre-payment penalties do not apply, and you can select a fixed rate using a 30, 25, 20 or 15 year term.
What an FHA Refinance Does for You
- Do you want to take advantage of today’s lowest possible interest rate, but have struggled with your credit in the past?
- Do you plan on refinancing, or moving in the next five years?
An FHA variable rate loan gives you the benefit of today’s low-interest rate, while easing up on qualification requirements. FHA home loans are government insured, which mitigates loan risk for lenders. After the initial five-year fixed rate, your interest rate will increase or decrease annually over the duration of the loan, depending on the fluctuation of the interest rate. If you have at least a 580 credit score, and 3.5% down payment for a primary home you may qualify for an FHA variable rate mortgage loan. You can also refinance up to 97.75% of your primary home’s current value. If you are planning a move in the next few years, or simply want to take advantage or today’s low rates, this is a great option for you.
An FHA refinance is available in three types: a fixed rate, an adjustable rate, and as a streamline loan. Each type has its own benefits so homebuyers might find one more suitable than the other. Collectively speaking, an FHA refinance has multiple benefits.
- First, FHA loans have no prepayment penalties. So, if you eventually decide to refinance or sell your home, you no longer have to deal with the fees included in other loan types.
- Second, FHA loans are assumable. The outstanding mortgage and loan terms are transferable from the current homeowner to the new buyer. In other words, the buyer can just continue paying the remaining debt instead of applying for a new loan. As such, the financing arrangement is something you can market if you decide to sell the house at a later date.
- Third, FHA loans generally have a higher approval rate than other types of mortgage programs. This type of loan opens more opportunities to homeownership as long as you meet the requirements, which include a stable source of income and a good credit score, as well as other requirements.
Consider applying for a fixed-rate, adjustable-rate, or streamline FHA refinance today.
City Creek Mortgage
11910 S State St #100, Draper
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City Creek Mortgage was great to work with. In particular, Alexis Carter and Sefa Gasu were the best! They made everything so easy to understand and were both so patient with us and our endless questions. They were very responsive by phone … More and email. They were also so fast! We would definitely work with them again! -
We had a very positive experience with City Creek Motgage. Alexis and Sefa were easy to work with and listened to our concerns, fixed the issues that we had and made the whole process very smooth. We appreciate all that they did for us … More and will work with him in the future. We highly recommend them to anyone else looking for a mortgage.
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Great local, family-owned mortgage company that provides white glove service with a great personal touch.
Sefa was helpful throughout the entire process, clearly outlined everything at each phase, and had great communication throughout … More the whole loan process.
Every interaction with someone at City Creek was pleasant and I couldn't be happier with my home loan. They'll be my first call any time I'm looking at a new mortgage, refinancing, or exploring options!
Highly recommend -
I enjoyed the service City Creek provided from start to finish. Their reps and portal are equally as friendly as they are efficient. Communication was clear and transparent. The process is simple and straightforward. I worked with Alex … More and Marisol and have no complaints. 5 out 5 imo
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Thank you so much for helping me with my mortgage! Devyn and Stefa were very great to work with. They both made the entire process stress-free and quick start to finish. Everything was explained clearly and communication was great. I truly … More appreciate the time and effort put into making this such a positive experience. I highly recommend working with them! City creek mortgage is the best
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We had an excellent experience with City Creek Mortgage from start to finish. Sefa Gasu, Alexis Carter, and Ivie Carter were thorough, responsive, and professional every step of the way. They handled a complex file with clarity and care, … More kept communication tight, and helped us get to closing smoothly and confidently. Highly recommend their team.
