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Short Term Mortgages in Utah

Pay off your home quick!
short term mortgage for house

UCU offers incredible short term mortgage loans for Utah residents with rates starting at 3.99% APR!* Pay off your home quickly and save thousands of dollars by refinancing your existing mortgage to a short term mortgage. Second mortgages offer competitive rates for homeowners looking into refinancing their home. To top this all off, there is no closing costs!

Apply for a short term mortgage

Benefits of a Short Term Mortgage Loan Through UFCU 

This loan is perfect for those looking for an option to refinance their mortgage to decrease their loan term and reduce monthly payments. Short term mortgage loans allow you to pay off your loan sooner as well as spending less money doing so. Apply for a short term mortgage loan today and use these savings to do more things you love with the people you love!

Loans subject to credit approval. See current rates and terms. No-Fee First Home Mortgage financing will require a minimum of a 20% down payment. For example a $100,000 loan approved at 80% of value would require a down payment of $20,000. The minimum payment for a $80,000 loan with a 4.49% APR and 12-year term is $719.62.  The minimum payment for a $80,000 loan with a 2.99% APR and 5-year term is $1,437.15. Your actual payment may be higher. The monthly obligation will be determined by the total loan amount at the time of closing and the term and interest rate of the loan. See our Loan Calculators for specific examples.  Closing costs waived include origination, processing, underwriting, tax service, appraisal, credit report, and title fees.  You may prepay your loan at any time without penalty. In the case of Home Equity Line of Credit (HELOC), Equity Loan, or a no-fee first mortgage loan, we may require repayment of the hard costs if the loan is paid off within the first two years.