Ogden, Utah, January 10, 2012
Bank of Utah has opened a new South Towne Mortgage Office in the Sandy Realtor Building, 230 West Towne Ridge Parkway, Suite 520.
The branch will house a team of nine experienced loan officers and support staff, and will provide a variety of residential mortgage loan
services for the surrounding area. John Gonzales, a 20-year mortgage veteran and loan officer, will serve as branch manager.
"This highly successful branch has been in business at this location for the past two years and was originally affiliated with a
local correspondent lender before joining Bank of Utah," said Branden Hansen, Bank of Utah CEO. "The group brings a wealth of experience
and will be a great fit for Bank of Utah."
South Towne Mortgage Office's expert team members are available to assist with all aspects of financing. Whether purchasing or
refinancing, Bank of Utah offers step-by-step guidance for home owners, which saves them time, stress and money in getting a loan.
"While our location and phone numbers will remain the same, we'll now be able to provide better and faster customer service,"
said Gonzales. "Our new affiliation with a strong Utah community bank that's been in business since 1952 means that we'll be able to
provide more financing options for our clients with competitive interest rates and fees. In addition we're now able to provide out-of-state
lending and investment property financing that is more flexible than most other lenders. All of this with Bank of Utah's fantastic ability
to close loans within 10 business days."
The Bank of Utah's new South Towne Branch will continue to offer construction lending, Jumbo financing, Utah Housing loans, USDA Rural
Housing loans, FHA/VA, 203k loans, Fannie Mae HomePath and Government HARP programs.
For more information visit www.southtownemortgage.com or call 801-285-5000. To find a loan officer visit http://southtownemortgage.com/loanofficers.html.