Alice (name is changed) ran one of my favorite Sweet Mortgage Deal strategies. I call it the “Get Your Cake and Eat it Too Strategy.” Here’s how it worked: Leslie called me and wanted to discuss using her equity to consolidate what some would consider a lot of debt. But she had a couple of …
Dear Neighbor, I want you to get a Sweet Mortgage Deal. You see, I’ve been around the local Utah mortgage industry for over twenty years and I’ve seen a lot of big-bank mortgages that should’ve been sent back to the kitchen. My connections, expertise, and low-overhead are standing ready at your service. If you’re …
Then… The first time I or Eric got our mortgage license, neither of us had kids. That’s how long it’s been. Some days it seems like an eternity. In any case, we’ve been through a lot. September 11 and the effect on the economy, massive industry changes, the Great Recession, and now the crazy home …
Throughout the 2000s “The Pickled Beat” was alive and well. Our monthly publication included mortgage tips and jokes we found amusing. It was delivered as a hard copy mailer as well as published (and I use that term loosely) online. For nostalgia purposes, assuming anyone actually has nostalgia about this stuff, here are a few …
You’ve often heard me say that big wholesale mortgage banks often fight. Apparently, a few mortgage brawlers actually did resort to fisticuffs in a conference on the East Coast. Not sure how heavily alcohol is involved, but if someone told me it influenced the situation, it wouldn’t surprise me. The melee “included people shouting, throwing …
Read more “When I said mortgage banks are fighting, I didn’t mean like this…”
If you have equity in your home and want to use it, but don’t want to fall behind, then this is for you. I’m going to give you a few ideas on how to utilize the equity in your home to get ahead, but without falling behind on your mortgage. This might be the very …
Read more “Using Equity to Get Ahead, Without Falling Behind.”
Hey everybody, I’m going to take a minute here and share with you our winning formula to get you a sweet mortgage deal. This formula we’ve seen over and over and over in our over 20 years of this mortgage business. And I’m going to share it with you today. There’s three steps to getting …
Read more “The winning formula to get a Sweet Mortgage Deal”
The real estate market is dumping equity on everyone right now. And it’s like that cash is on sale. If you’re a Utah homeowner, it’s really likely that the value of your home has gone through the roof part in the pun.
In October 2021, the loan limits were increased from $548,250 to $625,000. But wait! There’s more… We were just hit with a surprise announcement that conventional loan limits were pushed even higher! The new limit for single-family homes will be $647,200 for most counties in Utah. Wasatch and Summit counties have higher loan limits at …
‘MI Buster’ just got better. Drop Mortgage Insurance at 90% LTV, not 80%! In our opinion, this is huge. What’s going on: “New program (appropriately called the ‘MI Buster’) that launched a month ago was only for purchases, but just announced today, it can now be used for REFINANCES as well! No mortgage insurance means …