Articles & Advice

For many individuals, taking out a loan is the only way to afford a property and an interest rate is applied to this loan which acts as a cost against borrowing the money. However, this interest rate will change from one loan to the next...

Refinancing can help you obtain a better interest rate and reduce the monthly payments on your mortgage. If you have a decent credit rating, refinancing is also an opportunity to move from a variable loan rate to a fixed-rate mortgage or even raise finance for...

At City Creek Mortgage, we’re proud to offer quality mortgage purchase programs to a wide variety of buyers and their varying needs. Our mortgage brokers work with everyone from first-time buyers to experienced real estate flippers, plus another group that’s growing in popularity every year...

There are a few standard pieces of documentation that are generally used when applying for a home mortgage, and one such piece is the W-2. A W-2 is a basic tax form that allows you to properly report salary and wage information to the IRS,...

At City Creek Mortgage, we’re proud of our reputation as a reputable mortgage company. We’ve been helping clients in Utah get the money they need for the home of their dreams for decades, and our mortgage and refinance services are second to none. Unfortunately, like many popular...

Both today and for much of the last couple years, the real estate world has been in what most would call a “seller’s market.” This means there’s lower inventory available than there is demand across the country. This situation usually leads to rising prices and...

At City Creek Mortgage, we regularly give our clients basic information on why it often makes  more sense to own a home than to continue renting. Homeownership comes with several financial perks, even if the up-front price may seem imposing at first, and our loan...

Within a mortgage or home buying situation, there are a couple types of insurance that may come up. One of these is mortgage insurance, also called private mortgage insurance (PMI). At City Creek Mortgage, we’re happy to explain the ins and outs of mortgage insurance wherever...

If you spend enough time speaking to folks about the home market and mortgages, chances are you’ll hear references to various “buying seasons.” We all like to get a great deal, and there are certain factors at various points in a given calendar year that...

Improving Home Equity – Tips and Benefits, Part 2 In part one of this two-part blog, we went over some of the basics of what home equity means and how you can begin to build it. Equity is a vital area to understand for anyone purchasing...