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Intermountain Mortgage Company

Intermountain Mortgage Company

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Trying to find the right home loan can be difficult. Finding the right company to help you get your loan can be even more confusing. With literally thousands of lenders to choose from, borrowers can easily become overwhelmed.

Fortunately, at Intermountain Mortgage Company, Inc., our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Take advantage of our expertise in the residential lending industry by applying online today. You will find that the skill, professionalism, and consideration we give to each of our clients make getting your loan a successful endeavor. Founded in 1992, we have been servicing our clientele for many years and take pride in the number of repeat clients that we have.

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  • MBS RECAP: Another Chance to Not Get Your Hopes Up
    by Matthew Graham on February 16, 2018 at 9:14 pm

    Posted To: MBS CommentaryTiny pockets of gains have come and gone in the vast sea of red that's dominated 2018 so far. Each pocket has attempted to lure optimists into a "bull trap." In other words, originators want to be bullish on rates, so they're more likely to take the best available opportunities to get bullish--especially if no such opportunities have presented themselves recently. Unfortunately, we're in a pervasive uptrend in rates, and what look like tiny pockets of opportunity have actually been periodic consolidations that help the selling-spree catch its breath before rates continue higher. Is it the same story with the past 2 days of stability? In all likelihood. Granted, the bear case for bonds is i ncreasingly being priced-in , discussed, and understood among traders, but in this...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]

  • Mortgage Rates Catch a Break Before Long Weekend
    by Matthew Graham on February 16, 2018 at 8:49 pm

    Posted To: Mortgage Rate WatchFinancial markets in the US will be closed for President's Day on Monday. Thus, mortgage lenders will not be open, nor will they be accepting locks. Given that mortgage rates took the road less traveled in 2018 and actually moved lower, it's worth having a chat with your mortgage professional if you have a loan in process. Of course, many of you may not be reading this until after the lock window has passed for today, so let's take a look at next week's risks and opportunities . The biggest risk is the same one that's been with us all year. Simply put, rates have been trending higher in a steady but highly convicted fashion, quickly adding a half a percentage point or more to the average 30yr fixed rate quote. As we've been saying all year, it doesn't make sense to bet against that trend until...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]

  • Fannie Mae: So Now Things are Moving Too Fast?
    by Jann Swanson on February 16, 2018 at 5:36 pm

    Posted To: MND NewsWireSome people are never happy . For most of the ten years following the start of the Great Recession the experts have focused (can we say harped?) on the theme of a slow recovery. Now, after a couple of upticks in the inflation rate, Fannie Mae has headlined its February Economic Developments release "Strong Economic Activity Triggers Overheating Concerns." The company's Economic and Strategic Research Team say economic activity gathered momentum over the last few months and "markets are beginning to appreciate the broader implications of the stronger growth. That realization, along with a change in the direction of monetary policy has introduced some volatility into the economic equation. There were finally some signs that wages were increasing which pushed inflation measures such as 10-year...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]

  • MBS Day Ahead: In a Position to Improve?
    by Matthew Graham on February 16, 2018 at 3:16 pm

    Posted To: MBS CommentaryWhile they're extremely important to institutional investors and analysts, the role of trading positions in the bond market is one of the most easily overlooked factors in rate movement over shorter time horizons. "Positions" is just a fancy way to refer to how many dollars are betting for or against bonds. This is particularly relevant at the moment because the only traders doing much betting in favor of Treasuries are those that are using Treasuries to hedge positions elsewhere in the market. We can glean this from the CFTC's weekly position report, which breaks Treasury positions into commercial and non-commercial categories. In other words, non-commercial positions tell us the most about how speculators are betting on Treasuries. To say that they're short would be...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]

  • A Happy New Year for Construction Stats
    by Jann Swanson on February 16, 2018 at 2:59 pm

    Posted To: MND NewsWireResidential construction got off to a strong start in January, with sizable increases in both permits and housing starts and only a slight downturn in completions. The gains follow a particularly disappointing performance in construction starts in December. Statistics were spotty on a regional basis, and especially weak in the Midwest. The Census Bureau and the Department of Housing and Urban Development said residential construction permits were at an annual rate of 1,396,000 units, a 7.4 percent increase over both December and January 2017. The annual rate clock in both earlier periods was 1,300,000. The December number was a slight revision from the 1,302,000 originally reported. Permitting exceeded even the highest forecasts. Analysts estimates reported by Econoday ranged from 1,260,000...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]