Mortgage Lender · Provo, Utah
Mortgage Lender in Provo, Utah
Mike Shehan, Select Rate, helps Provo homebuyers and investors finance homes near BYU, the east bench, and downtown — conventional, FHA, VA, and investment loans.
Financing a Home in Provo's University-Town Market
Provo is a different mortgage market than most of the Wasatch Front. BYU and a steady student population create both first-time-buyer opportunities and a real rental-investor market near campus. East-bench homes with mountain views can push into jumbo territory, while the south side offers more room for FHA and conventional buyers. Mike Shehan works with Provo homeowners and investors alike — comparing conventional, FHA, VA, and investment financing so the loan matches the property and the plan.
Whether you're buying your first condo near campus, a family home on the south side, or a rental property, Mike coordinates with your agent so your financing keeps pace with an active market.
Downtown Provo & Near BYU
Established neighborhoods close to Brigham Young University and downtown, popular with first-time buyers, investors chasing student rental demand, and relocation buyers who want walkability and proximity to campus.
East Bench / Provo Canyon Area
Hillside homes with sweeping mountain views on the east side, where buyers often finance with conventional or jumbo loans depending on the price point and lot size.
South Provo & Springville Border
Family-friendly neighborhoods near shopping and the I-15 corridor, drawing move-up buyers and families seeking more space at a lower price than central Provo or Salt Lake County.
Mike Shehan, Select Rate — 10150 S. Centennial Parkway #120, Sandy, UT 84070 · NMLS #1969275. Serving Provo and homebuyers throughout Utah.
Did You Know?
Provo Mortgage FAQs
Can I finance a rental property near BYU with a DSCR loan?
Provo's student population creates steady rental demand, which is why some investors explore DSCR (Debt Service Coverage Ratio) loans that qualify based on the property's rental income rather than personal income alone. Mike works with Provo investors to compare DSCR against conventional investment financing — and brings a real estate investor's perspective to whether the numbers actually work for a given property.
What loan programs work for first-time buyers in Provo?
Provo offers a range of price points, and first-time buyers here often explore FHA, conventional, and down-payment-assistance programs to manage affordability near campus or on the south side. Mike walks through your down payment, credit, and comfortable monthly budget so you understand what's realistic in Provo — not just what you qualify for on paper.
Do Provo's east-bench homes require jumbo financing?
Some east-bench properties with larger lots and mountain views can exceed conforming loan limits, which is where jumbo financing comes in. Mike confirms whether your target price range calls for conventional or jumbo financing and compares the real cost of each for your scenario.
I'm moving to Provo for school or work — when should I get pre-approved?
Before you start touring. Provo connects to the rest of Utah County and Salt Lake via I-15 and FrontRunner, which keeps the market active. Mike prepares your pre-approval early so you can move quickly when the right home — whether near campus, the bench, or the south side — comes on the market.
Buying or Investing in Provo?
Mike compares conventional, FHA, VA, and investment financing for Provo homeowners and investors — whether it's a condo near BYU or a rental near campus.
Client Reviews
Provo & 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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Provo's Market Is Competitive — Start With Pre-Approval
Whether you're buying your first home, refinancing, or building an investment portfolio, Mike will help you understand your options and make informed decisions.
