Loan Programs
We’re here to help with your questions and next steps.
To speak with one of our experienced loan officers,
give us a call or text at 801-916-9006.
FHA LOAN
Federal Housing Administration (FHA) loans are a popular and accessible option for many aspiring homeowners in the United States. These government-backed mortgage loans are designed to make homeownership more attainable, especially for individuals with lower credit scores or limited down payment funds. FHA loans offer several key advantages, such as lower down payment requirements (as low as 3.5% of the purchase price), competitive interest rates, and more lenient credit score requirements. Additionally, FHA loans are not limited to first-time homebuyers and can be used to finance various types of properties, including single-family homes, multi-unit properties, and condominiums. While FHA loans provide valuable opportunities for prospective homeowners, they also come with certain requirements and fees, including mortgage insurance premiums to protect lenders. Overall, FHA loans play a crucial role in expanding homeownership opportunities for a diverse range of individuals and families in the United States.
CONVINTIONAL LOAN
Conventional loans are a widely used type of mortgage in the United States. Unlike government-backed loans such as FHA or VA loans, conventional loans are not insured or guaranteed by any government agency. Instead, they are funded and backed by private lenders or financial institutions. These loans are popular among borrowers with strong credit histories and financial stability, as they typically offer competitive interest rates and terms. Conventional loans come in two primary categories: conforming and non-conforming. Conforming loans adhere to specific loan limits set by government-sponsored entities like Fannie Mae and Freddie Mac, making them more accessible to a broader range of borrowers. Non-conforming loans, often referred to as jumbo loans, exceed these limits and may require stricter credit and down payment requirements. Conventional loans provide flexibility and options for homebuyers and refinancers, allowing them to tailor their loan terms to their financial needs and goals. While they may require higher down payments and more stringent credit qualifications compared to government-backed loans, conventional loans remain a popular choice for those who meet the eligibility criteria.
VETERAN LOAN
Veteran loans, commonly known as VA (U.S. Department of Veterans Affairs) loans, are a valuable financial benefit extended to eligible military veterans and active-duty service members. These loans offer a unique path to homeownership by providing favorable terms such as minimal to no down payment requirements, competitive interest rates, and often, exemption from private mortgage insurance (PMI). VA loans are celebrated for their accessibility and flexibility, accommodating various credit profiles and offering options for both purchasing and refinancing primary residences. This specialized loan program serves as a well-deserved reward for the sacrifices made by those who have served in the armed forces, allowing them to realize the dream of homeownership while enjoying significant financial advantages.
REVERSE MORTGAGE LOAN
Reverse mortgage loans are financial instruments that enable homeowners, typically those aged 62 and older, to convert a portion of their home equity into cash without having to sell or vacate their property. These loans, often backed by the Federal Housing Administration (FHA), allow seniors to access a valuable source of income to support their retirement needs. The unique feature of reverse mortgages is that they do not require monthly mortgage payments; instead, the loan is repaid when the borrower moves out of the home or passes away, with the home itself serving as collateral. While reverse mortgages can provide financial relief for seniors, they also come with certain considerations, including potential reductions in home equity for heirs and costs such as loan origination fees and interest charges. Thus, they should be carefully evaluated in the context of an individual's financial goals and long-term plans.
USDA LOAN
A USDA loan is a mortgage backed by the U.S. Department of Agriculture, designed to help you buy a home in eligible rural areas without a down payment. These loans offer benefits like competitive interest rates, flexible credit requirements, and lower mortgage insurance costs. If your household income is under 115% of the median income for your area and your credit score is reasonable, you may qualify. This makes USDA loans an excellent option for many aspiring homeowners looking to settle in rural or suburban communities. If you're interested, we can guide you through the process and help you find your dream home!
INVESTMENT LOAN
Investing in properties can be a smart way to build
wealth and create a reliable source of passive income. By acquiring real estate for rental purposes, you not only generate steady cash flow but also benefit from long-term appreciation, as properties typically increase in value over time. Additionally, owning investment properties offers tax advantages, allowing you to deduct expenses like mortgage interest and maintenance costs. This strategy also provides portfolio diversification, helping to protect your finances against market fluctuations. If you're interested in exploring this rewarding opportunity, we’re here to guide you through the process and help you find the right investment property to meet your goals!
Ryan S. Hortin
Senior Loan Consultant | 801-916-9006 | NMLS 312703
Utah is a wonderful state to work in real estate as a loan officer and to get to know many clients and Realtors. Ryan started his career as a loan officer in 2003 in Sandy, Utah and has assisted many clients to refinance and purchase a home. Over the years through his customer service and financing solutions he has been able to maintain his career working by referral.
Ryan enjoys his career in the real estate industry working with Realtors and assisting their clients to purchase a home. As an entrepreneur he grows his real estate career through hard work, dedication, and regular communication with clients and Realtor business partnerships.
1. Get Pre-Approved
Get pre-approved right online, using our free pre-approval tool.
2. Apply Online
In-house processors double check your paperwork and order an appraisal of your home. An underwriter will confirm that you meet qualification standards.
3. Find Your Dream Loan & Home
With your pre-approval letter in hand, you can start working with a real estate professional to assist you in finding your new home.
4. Win and close
That’s it, you did it! You beat every offer on the house you wanted and can close in as little as 15 days.
I'm Interested in a Call
I confirm that I want to receive content from this company using any contact information I provide. Terms and Conditions
Ryan Hortin is a Licensed Senior Loan Consultant NMLS # 312703 with Company NMLS# 265343
We take great joy in helping clients create a strategy specific to their goals. We’ll walk alongside you every step of the way with honest, accurate, SIMPLE and personal service. Every time. We provide top notch service, when you’ve worked with us you’ll feel our values – instead of reading them in an ‘about us’ section. We can’t wait to show you!
Popular
Apply Now
Purchase
Refinance
Loan Options
Loan Process
Get in Touch
Contact Us
About Us
Networking
Patriot Home Loans
2596 West 11275 South
South Jordan, UT 84095
NMLS#265343
Disclaimers
All information contained herein is for informational purposes only and, while every effort has been made to ensure accuracy, no guarantee is expressed or implied. Any programs shown do not demonstrate all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions apply.
© 2025 Patriot Home Loans - All Rights Reserved
Utah NMLS License #265343 For licensing information, go to: www.nmlsconsumeraccess.org
