Great advice

I was reading a mortgage forum today and someone posted this:

You are right to have the jitters and the reality is that the loan process won’t go your way. Relax, that’s ok and it’s to be expected. There is a lot that goes on behind the scenes that you have no control over. There are a lot of people doing uniquely different jobs in the loan process. Each one relies on the others to have their ducks in a row. If a duck gets out of line someone says something and the issue is addressed. Often times underwriters get backed up and can’t get to a file for several days. That’s always to be expected. The cleaner the file that is sent in the better. If you’ve given the loan officer everything they requested then relax and don’t worry. If they ask you for more stuff (which is typical on anout 90% of loans out there then get it sent in as soon as possible.

Getting a mortgage can be daunting, but your loan officer is on your team more than you think. Our current culture tells us to distrust anyone in banking cause they are “just out to screw you over and make a buck.” Well, at the end of the day — unless you’re going to your local Bank of America branch or something crazy like that, your loan officer is working for a small bank which is trying to undercut the big banks, just like the rest of the 99%.

Obama did something good! (finally)

President Obama just changed the guidelines for the DU Refi + program. You can get a refinance mortgage in Utah for 150% of your home’s value!

How to buy a house

You hear it on the news, you see it when you drive down the streets — it’s a buyer’s market. There are a ton of houses that you can buy with mortgage payments below what you’d pay for the rent on an apartment. For the millions of young people in America who have never bought a house before, it can be a Mt. Everest that is just a little scary to start climbing. If you want to know how to buy a house, it’s more like a speed bump than a Mt. Everest. It’s this simple. To get started, all a loan officer needs is your pay stubs for the last 2 months, your social security number so they can get your credit report, a valid ID, and a copy of your bank statement. From there the loan officer will analyze all that information and tell you how much house you can afford. From there you get in touch with a realtor, find a house, and sign the papers. Most transactions happen in less than a month, from start to moving in. So you wanted to know how to buy a house? It’s pretty simple.

Mortgage in Utah

Rates are beginning to level off a bit for a mortgage in utah. There has never been a better time to buy a house, or refinance to lock yourself in at the lowest rates our county has ever seen.

Need a Mortgage in Utah?

Home prices are at or near rock bottom and there has never been a better time figure out how to buy a house. Getting a mortgage in Utah may not be as hard as you think. With rates at an all time low even poor college students could qualify for a mortgage in utah.

Coming to a computer screen near you in early 2012

Nate and Xan will be coming to you live with info on real estate in Utah as well has the best ways to get a mortgage in Utah — one tailored specifically for you and your family.