Entries by Mike Anderson

New Life Hack – House Hacking

A 21-year old college student and part-time worker bought a 2-bedroom condo in Salt Lake City with less than $5,000 down. Emily’s monthly mortgage (including tax, HOA, and insurance) is $914 a month, but she rents out the other room for $600 a month, making her monthly living expense for her own place just over […]

Please follow and like us:

Covid-19 Updates

Intercap Lending is committed to the safety and well-being of our employees, clients, partners, and the communities we serve. If you are a servicing customer and you have concerns about making your payment, please click here for more information about forbearance options. Most Intercap employees are now working remotely through our secure systems. There are […]

Please follow and like us:

Fed Rates vs Mortgage Rates

According the the Federal Reserve, “The relationship between the Fed’s monetary policy and long-term rates is weak and variable.” On Sunday, March 15th The Federal Reserve announced a cut in benchmark interest rates by a full percent to zero. That’s right, zero percent. They also announced the central bank would buy no less than $700 […]

Please follow and like us:

Grand Opening to Celebrate Expansion into California

San Diego, CA –  Intercap Lending, Inc., a direct mortgage lender providing FHA, VA, USDA, Conventional, and Jumbo Loans, has opened a new retail branch in San Diego, California.  Intercap Lending welcomed the community to their Grand Opening on Thursday, February 20, from 5pm-9pm.  This party celebrated over 40 years of successful business growth in […]

Please follow and like us:

Mortgage for Med Grads

3% Down Home Loan for Med Grads If you are finishing up residency or just graduating with a medical degree, you can take advantage of a low down-payment mortgage that doesn’t count your student loans! Contact an Intercap loan officer today to see if you qualify. Please follow and like us:

Please follow and like us: