Utah Refinance Rates & Programs 2026

Utah's booming housing market and growing economy make refinancing attractive. From Salt Lake City to Provo and St. George, here's what you need to know about refinancing in the Beehive State.

Current Utah Refinance Rates

| Loan Type | Average Rate | |-----------|--------------| | 30-Year Fixed | 6.22% | | 15-Year Fixed | 5.54% | | FHA 30-Year | 6.17% | | VA 30-Year | 5.50% |

Use our refinance calculator.

Utah-Specific Programs

Utah Housing Corporation (UHC)

• FirstHome down payment assistance
• If you used UHC assistance, check subordination before refinancing
• Mortgage Credit Certificates available

USDA Refinancing

Rural Utah counties qualify for USDA loans outside Salt Lake City, Provo, and Ogden.

High-Cost Counties

Some Utah counties have higher conforming limits due to expensive real estate, especially in ski resort areas.

Cost of Refinancing

Moderate costs:

| Cost Item | Typical Amount | |-----------|---------------| | Origination | $0 - $2,200 | | Appraisal | $450 - $650 | | Title | $700 - $1,200 | | Recording | $40 - $80 | | Total | $3,500 - $6,500 |

No state mortgage tax.

When to Refinance

Refinance if rates dropped 0.75%-1.0%, eliminate PMI, or tap equity from appreciation. See cash-out guide.

FAQ

How long? 30-40 days. Property taxes change? No. Credit score? 580 FHA, 620 conv, 740+ best. Keep UHC MCC? Yes, with participating lender.

Bottom Line

Utah's moderate costs and strong appreciation make refinancing attractive when rates drop 0.75%+.

Get quote: See rates.

---

Author: Bill McCoy, 15 years experience.