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For most people, finding the right home in Provo, Utah is just the first step. Finding the right financing to buy a home is essential to make the home purchase occur! A home buyer has a choice of local mortgage lenders and national lenders advertising on the Web. Many home buyers find that using local Provo, Utah lenders (with rates very comparable to online mortgage brokers) help ease some of the stress of moving. Home buyers have more personal service, and the mortgage companies have a better relationship with appraisers and other real estate professionals. Ask about adjustable rate loans if you are guaranteed to be relocated out of Provo within the next 5 years. I had a friend who found a 40 year adjustable with 5 year fixed rate. He knew that he had guaranteed relocation buy-out at the end of his assignment so he wasn’t worried about building equity. He ended up paying less than half in a mortgage payment than he would have paid in rent! Short on cash? There are many mortgage lenders in Provo that now offer 100% financing – no down payment certainly helps keep moving expenses down!

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Provo is a city in Utah and the county seat of Utah County, located about 50 miles south of Salt Lake City along the Wasatch Front. It lies between the cities of Orem to the north and Springville to the south. It is perhaps best-known as home of Brigham Young University. Settled in 1849 by 33 families from Salt Lake City, Provo has grown to a population of 105,166 as of the 2000 Census, making it the third-largest city in the state. A 2005 U.S. Census Bureau estimate placed its population at 113,459[1], which would make it the second-largest city in Utah, barely surpassing West Valley City. The Provo-Orem Metropolitan Area, consisting of Utah County has 412,361 residents. The site was named Fort Utah by the Mormon settlers, but re-named Provo in 1850 for Étienne Provost, an early French-Canadian trapper who arrived in the region in 1825. -- Source: Wikipedia.com





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Census Data for Provo, Utah

Provo Utah United States
Population 105,166 2,233,169 281,421,906
Median age 22.9 27.1 35.3
Median age for Male 23.5 26.7 34
Median age for Female 22 27.7 36.5
Households 29,192 701,281 105,480,101
Household population 97,594 2,192,689 273,643,273
Average household size 3.34 3.13 2.59
Families 19,948 535,294 71,787,347
Average family size 3.4 3.57 3.14
Housing units 30,374 768,594 115,904,641
Occupied units 29,192 701,281 105,480,101
Vacant units 1,182 67,313 10,424,540

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