Mortgage Lender · Lehi, Utah
Mortgage Lender in Lehi, Utah
Mike Shehan, Select Rate, helps Lehi homebuyers finance homes in Traverse Mountain, Thanksgiving Point, and the Silicon Slopes tech corridor.
Financing a Home in the Silicon Slopes Corridor
Lehi is the heart of Utah's Silicon Slopes — a fast-growing tech corridor where relocation buyers and move-up families compete for newer construction near Thanksgiving Point and Traverse Mountain. That tech-driven demand keeps the market competitive, so the loan program you choose and the strength of your pre-approval both matter. Mike Shehan compares conventional, FHA, VA, and down-payment-assistance options for Lehi buyers and helps you structure an offer that stands out.
With I-15 and the FrontRunner line running through, Lehi draws commuters from both Salt Lake and Utah counties. Mike coordinates with your agent so your financing keeps pace with a market where homes don't sit long.
Thanksgiving Point Area
Amenity-rich living near gardens, golf, and major tech employers — a draw for move-up buyers and relocation clients who want both lifestyle and a short commute to the Silicon Slops campus corridor.
Traverse Mountain / North Lehi
Some of the newest construction in the state, at the Salt Lake County border, where first-time and move-up buyers compete for modern floor plans and quick I-15 access — often with conventional and FHA financing.
Lehi Main Street & Historic Core
Established neighborhoods near downtown Lehi and the original town center, where buyers often finance with conventional loans and some properties benefit from proximity to local shops and restaurants.
Mike Shehan, Select Rate — 10150 S. Centennial Parkway #120, Sandy, UT 84070 · NMLS #1969275. Serving Lehi and homebuyers throughout Utah.
Did You Know?
Lehi Mortgage FAQs
How does Lehi's tech-corridor economy shape the local mortgage market?
Lehi anchors the Silicon Slopes corridor, and the steady flow of tech-industry relocation buyers tends to keep demand — and competition — high for newer construction near Thanksgiving Point and Traverse Mountain. Mike helps you factor that competitive environment into your offer strength, your pre-approval timeline, and which loan program gives you the best edge.
What financing do first-time buyers use in Lehi?
First-time buyers in Lehi commonly explore FHA, conventional, and down-payment-assistance programs to keep monthly costs manageable in a market where new construction prices climb quickly. Mike walks through your down payment, credit, and comfortable monthly budget so you understand what's realistic near Traverse Mountain versus the historic core.
I'm relocating for a tech job in Lehi — when should I start financing?
As early as possible. Mike regularly works with relocation buyers remotely — confirming your qualifying position, issuing pre-approval, and coordinating with your agent — so you're ready to make a strong offer the week you arrive rather than scrambling after you've started touring homes.
Does Lehi's position between two counties matter for financing?
Lehi sits right at the Salt Lake–Utah county line, which can affect which down-payment-assistance programs apply and where you ultimately search. Mike helps you compare loan programs on both sides of the county line and confirms which programs fit the specific property you're targeting.
Relocating to the Silicon Slopes?
Mike prepares Lehi relocation and move-up buyers with pre-approval and a loan comparison so your offer is ready before the competition.
Client Reviews
Lehi & Utah Buyers Mike Has Helped
Real reviews from Utah borrowers who worked with Mike Shehan.
"I love Mike! He is the best with dealing with my clients. He offers full service to all of them and treats them all like family. Thanks Mike!"
Tim Lowry
Verified Google Review
"Mike Shehan was amazing getting our financing going through the process. He and his team were very responsive and walked us through the process. He also worked very well with our real estate agent. Hands down would go to him with all future house financing options."
Rony Tovar
Verified Google Review
"I reached out to Mike a couple years ago just to see where I was at on potentially buying a house, my credit wasn't very good and I had some debt. Mike told me what it would take to improve everything. I called Mike a couple years later when things had improved. Long story short we CLOSED on our house! Thanks to Mike and his team. My family and I are so grateful!"
Travy Fanua
Verified Google Review
Schedule a FREE 15-Min. Consultation
Pick a time that works for you and talk with Mike directly — no pressure, no obligation. Let's target specific strategies for your personal scenario.
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Lehi Buyers Compete — Get Your Financing Ready First
Whether you're buying your first home, refinancing, or building an investment portfolio, Mike will help you understand your options and make informed decisions.
