Today's Mortgage Rates in Lehi, UT
Rates current as of 5/8/2026
6.375%Rate
6.725%APR
30 Year Fixed
Rate Assumptions
5.750%Rate
6.362%APR
15 Year Fixed
Rate Assumptions
6.500%Rate
6.823%APR
30 Year Fixed Investment
Rate Assumptions
5.750%Rate
6.107%APR
30 Year Fixed FHA/VA
Rate Assumptions
Compare Lehi Mortgage Rates and Save
Find the Best Mortgage Rate in Lehi, Utah
Once you've talked it over with your family, checked your credit, and done your research, it's time to compare Lehi mortgage rates and get pre-approved. Whether you're buying your first home in Lehi or refinancing your current mortgage, Ryan Harding and the team of Lehi mortgage bankers at Work Hard Mortgage review your full picture — credit, down payment, property type, and timeline — to help you lock in a competitive rate built around your scenario, not a one-size-fits-all program.
Need a low down payment option? FHA loans in Lehi can make homeownership more accessible. Veterans and active military can take advantage of zero-down VA loans in Lehi. Already a homeowner? Explore Lehi mortgage refinance options to lower your payment or pull cash out.
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Why Lehi Is One of Utah's Hottest Housing Markets
Lehi sits at the heart of Silicon Slopes — Utah's tech corridor that's home to Adobe, Microsoft, Oracle, Qualtrics, Ancestry, and more than 1,000 other technology companies. With a median household income of $128,653 (versus the national median of $79,466) and one of the fastest population growth rates in the country, Lehi has become one of the most in-demand housing markets in Utah.
Lehi Housing Market
The Lehi median home price sits around $575,000 (early 2026), with prices up roughly 10% year-over-year and homes selling in about 65 days. Over 73% of Lehi homes were built since 2000, so the market is dominated by newer construction with modern floor plans — most are four-bedroom or larger single-family homes. Inventory has grown to 200+ active listings plus dozens of new construction options, giving buyers more choice than recent years.
Schools and Livability
Lehi is served by the Alpine School District, with 21 schools across the city. Standouts include Skyridge High School and Lehi High School, plus top-ranked Eaglecrest Elementary (#24 of 547 elementary schools in Utah) and Lehi Junior High (#29 of 182 middle schools statewide). Add the Wasatch Front's outdoor recreation, family-friendly neighborhoods, and quick access to skiing, hiking, and Utah Lake, and it's easy to see why Lehi consistently ranks among the best places to live in America.
Rent or Buy in Lehi?
The median rent in Lehi is around $1,700 per month — and rents have climbed alongside home prices. For many tech professionals and growing families, the math increasingly favors buying. Owning a Lehi home builds equity instead of paying someone else's mortgage, locks in your housing cost for the life of your loan, and gives you a foothold in one of the fastest-appreciating markets in Utah. Call Ryan Harding to see what your monthly payment would look like.
Lehi Mortgage Options: Buy, Refinance, or Build
Whatever your next step looks like in the Lehi housing market, we have a loan program that fits.
Buying in Lehi
Lehi attracts a wide range of buyers — from first-time homeowners working at Adobe or Microsoft to families relocating from out of state for the schools and lifestyle. Conventional loans start at 3% down for first-time buyers. FHA loans let you buy with as little as 3.5% down, and VA loans offer zero-down options for veterans and active military. Jumbo loans cover Lehi homes priced above the conventional loan limit.
Refinancing in Lehi
With Lehi home values climbing roughly 10% in the past year, many homeowners are sitting on substantial equity. A Lehi mortgage refinance can lower your monthly payment if rates drop, shorten your loan term to pay off your home faster, eliminate PMI once you've reached 20% equity, or pull cash out for renovations, debt consolidation, or investment. We'll run the numbers and tell you straight whether refinancing actually saves you money.
Building in Lehi
Lehi continues to add new construction at one of the fastest paces in Utah, with active developments throughout north Lehi, Traverse Mountain, and the Holbrook Farms area. Whether you're working with a production builder or building custom on your own lot, our construction loan and one-time-close new construction programs let you finance the build and roll into your permanent mortgage without re-qualifying. Talk to us before you sign with a builder so we can structure financing the right way from day one.
Why Choose Work Hard Mortgage for Your Lehi Home Loan?
Choosing the right lender matters when buying or refinancing in Lehi. We offer:
Conventional fixed and adjustable mortgages
FHA loans with low down payments
VA loans for veterans and active military
USDA rural housing loans
Jumbo loans for higher-priced Lehi homes
Refinance and cash-out options
Our team knows the Lehi, Utah market and works to find you the best mortgage terms — whether you are a first-time buyer, refinancing, or buying an investment property.
Lehi Mortgage Rate FAQs
Common questions about home loans, interest rates, and the mortgage process in Lehi, Utah.
What are today's mortgage rates in Lehi, UT?
Today's mortgage rates are listed at the top of this page and update daily. Your actual rate depends on your credit score, down payment, loan amount, property type, and the loan program you choose, whether that's conventional, FHA, VA, jumbo, or USDA. For a personalized quote based on your scenario, call Ryan Harding at 801-228-0937.
How is my Lehi mortgage rate determined?
Your mortgage rate is set by a combination of national factors (the bond market, Federal Reserve policy, and economic data) and personal factors (your credit score, down payment, debt-to-income ratio, loan type, and the property itself). Two people applying on the same day in Lehi can be quoted very different rates depending on their financial profile.
What credit score do I need for the best mortgage rate in Lehi?
A FICO score of 740 or higher typically qualifies you for the lowest conventional rates. FHA loans are far more flexible. You can qualify with a score as low as 580 (or 500 with 10% down). Even if your credit isn't where you want it to be, our team can walk you through your options and tell you which improvements would move the needle most.
Should I lock my Lehi mortgage rate?
A rate lock guarantees your interest rate for a set period, usually 30, 45, or 60 days, while your loan is being processed. If rates rise during that window, you keep the lower locked rate. Locking is usually a smart move once you're under contract and your closing date is in sight.
What's the difference between interest rate and APR?
Your interest rate is what you pay on the loan principal each month. APR (Annual Percentage Rate) includes the interest rate plus most lender fees, points, and closing costs rolled into a single yearly cost, so it's a more complete picture of what the loan actually costs you. Always compare APR-to-APR when reviewing offers, not rate-to-rate.
How much down payment do I need to buy a home in Lehi?
It depends on the loan type. VA loans allow zero down for eligible veterans, USDA loans allow zero down in qualifying rural areas around Lehi, FHA loans require as little as 3.5% down, and conventional loans can go as low as 3% for first-time buyers (5% otherwise). Putting 20% down on a conventional loan also lets you skip private mortgage insurance.
How long does it take to get pre-approved for a Lehi mortgage?
Most Lehi borrowers can be pre-approved within 24 to 48 hours after submitting a full application with income and asset documentation. A pre-approval letter shows real estate agents and sellers that you're a serious, qualified buyer, which matters in a competitive market.
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What Lehi Clients Say About Us
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"Ryan worked with my wife and I for our first home and it seemed that he was a constant advocate for our interest. For first time home buyers, this was a necessity as we did not have a lot of knowledge in this particular area and in hind-sight I can see how big of an asset he truly was for the whole process."
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"I have worked with Ryan Harding as both a Realtor and as a customer for my own home financing. He is professional and always responsive to my needs. I would recommend him to anyone looking for a home loan."
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"My experience working with Ryan was absolutely wonderful and positive in every way! As a first time home buyer I had a lot of questions and was quite inexperienced with the whole process. Ryan was very patient and extremely helpful; he was great at answering all my questions and made himself available when needed."
We Serve the Entire State of Utah
At Work Hard Mortgage, we proudly provide mortgage solutions to homebuyers and investors throughout Utah. Here are a few examples of the cities we served in Utah, but we aren’t limited to these locations:
• Lehi • Salt Lake City • Orem