Refinance your Utah home with a broker who shops for you.

When does refinancing make sense in Utah?

Our first question is always: what's your goal? A refinance can make sense when it helps you:

• Lower your interest rate or monthly payment. Even a modest rate drop can add up over the life of the loan.
• Shorten your term. Move from a 30-year to a 15- or 20-year loan and build equity faster.
• Remove mortgage insurance. If your home has gained value, refinancing out of an FHA loan or PMI may lower your payment.
• Switch from an adjustable rate to a fixed rate for a predictable payment.
• Take cash out for renovations, debt consolidation, or other large expenses.

Refinancing has closing costs, so the key number is your break-even point: how many months of savings it takes to cover those costs. We calculate it for you up front. If a refinance doesn't pay off for your situation, we'll tell you.

Already have a low rate? You may not need to refinance at all.

If your current mortgage rate is lower than today's rates, a cash-out refinance could cost you more than it saves. A 30-year fixed second mortgage or HELOC lets you tap your equity while keeping your first mortgage untouched. We'll compare both side by side.

Why refinance with an independent mortgage broker?

A bank can only offer its own rates. As an independent Utah mortgage broker, we shop the nation's top wholesale lenders, so you see more options with one application. Nelson Barss has helped Utah homeowners finance and refinance for more than 20 years, sets clear expectations on rate, fees and payment before you commit, and attends your closing to make sure every promise is honored.