Avoid these mistakes to make your mortgage experience go as smoothly as possible.
Save thousands by knowing how rates and closing costs affect each other.
The more you understand about refinancing, the more you can save.
Many mortgage companies fear that their clients will shop around – we encourage ours to.
There’s no substitute for a good working knowledge of your finances.
Happy 20th Birthday City Creek Mortgage Who would have guessed that a couple of kids who met in their teens would marry, build a business, and work together for over 20 years? Every statistic out there says it’s almost impossible—and they’re right! Some days, “hard” is...
When it comes to paying down a mortgage, budgeting is a very important area for homebuyers. Failing to stay within a budget may risk missed payments or other issues that can reflect badly on their financial profile, while those who are diligent and disciplined will...
As those who have been through it before can tell you, buying a home comes with a few basic processes. These processes naturally have expected time periods in which they’re completed, and while these can vary a bit within each situation, there’s a general range...
At City Creek Mortgage, we’re here to help you understand all the basics of a given mortgage loan if you’re buying a home. This is one of the biggest financial commitments you’ll make in your entire life, and you need to have a clear picture...
There are several important factors when it comes to getting a great mortgage for a new home or refinance, and one of the biggest is the down payment. While you obviously want to get the best mortgage rate possible, the amount you spend up front...
This year, I applied and was accepted into the Goldman Sachs 10,000 small business program. It was like getting an MBA in City Creek Mortgage from Babson College, which is ranked #1 in Entrepreneurship. The $20,000 cost was completely underwritten by Goldman Sachs and is...
One of the greatest injustices of the mortgage industry is the high commission some loan officers receive for originating a home loan. In many cases, it equates to 1.5% (or more) of the total amount of the mortgage. That’s a $4,500 paycheck for closing a...
As a bit of a contrarian, whenever things start to look too good, I begin to question the future. And given the strength of the market since the housing meltdown reversed, now is a prudent time to begin closely watching home value appreciation for any...
We all want the best mortgage rate when we’re looking to buy a new home, and credit is one of the single largest factors here. Your credit score plays a huge role in both the kinds of mortgage programs you qualify for and the rates...
With home values climbing to record highs, many have rushed to their bank to take out a line of credit against their homes. For some it has been to make home improvements or consolidate debts. For others it was to take a vacation or purchase...