For many, buying a home represents the cornerstone of the American Dream. It symbolizes stability, independence and the chance to put down roots. In Utah, with its thriving cities and stunning landscapes, the allure of homeownership can feel especially attractive. However, today’s fast-paced, tight housing market can make it feel out of reach.

With Bank of Utah, it doesn’t have to be.

We understand the unique challenges Utahns face, especially in a competitive housing environment, and we’re here to help you, from dream to down payment to doorstep.

Our team of experienced mortgage loan officers becomes your partner throughout the entire journey. They’ll answer your questions, simplify the complexities of buying a home, and provide valuable educational resources to empower you every step of the way. This comprehensive support system is part of our Super Saver Mortgage Program, designed to make Utah homeownership a reality — on a timeline that best fits your goals.

Smart Saving, ‘Super’ Results

One key component is the innovative Super Saver CD, an innovative savings tool that helps you grow your down payment. A special type of certificate of deposit, here’s what makes it so effective:

  • Flexible Contributions: Unlike traditional CDs with a single initial deposit, the Super Saver CD allows you to make ongoing contributions throughout its 1-year term. This gives you the power to grow your savings consistently, at a pace that fits your budget.
  • Penalty-Free Access for Your Down Payment: You can access your savings anytime, penalty-free, to use toward your down payment on a Bank of Utah mortgage. This ensures your hard-earned savings are readily available when you need them most.
  • Free Home Appraisal Advantage: We’re committed to simplifying your home buying journey. When you use your Super Saver CD funds for a Bank of Utah mortgage, you’ll also receive a free home appraisal, saving you valuable money on your closing costs.

In addition, you also get these benefits with the Super Saver CD:

  • Grow Your Savings Faster: Earn competitive interest on your savings.
  • Start with a Low Minimum Deposit: Get started with just $500.
  • Never Miss a Beat: Your CD will automatically renew at the end of the 1-year term at the current rate, so your savings keep growing uninterrupted.

Together, Let’s Make Your Dream Home a Reality

Whether you need a few months or a few years to save for a down payment, Bank of Utah is by your side. Our Super Saver Mortgage Program equips you with the tools and resources you need to achieve your homeownership goals.

Ready to get your homeownership journey started? Explore the Super Saver Mortgage Program here or talk to a mortgage loan officer.

Want to learn more about other housing initiatives in Utah? Read our recent article for insights and updates on the Utah housing market.