801-221-9400
801-221-9400
When you are ready to apply for a mortgage loan, your lender will ask you for all sorts of financial information. One of the things lenders do with this data is to calculate your debt-to-income (DTI) ratio. A DTI ratio is one of the most basic methods len
Apr 17, 2019 | Credit Fixed Rate Mortgages Conventional Loans Preapproval
One of the biggest obstacles to homeownership is coming up with enough cash for a down payment. When your own savings are not adding up quickly enough and you don’t have a rich uncle to tap for an early inheritance, you may find some help in a down
Apr 10, 2019 | Purchasing a Home First-time Homebuyers
If you are familiar with adjustable-rate mortgages (ARMs), you have probably heard of the 5/1 ARM or even the 10/1 or 1/1 ARM. There is a newer ARM loan available that is growing in popularity: the 5/5. Here’s everything you need to know about this
Apr 03, 2019 | Adjustable Rate Mortgages
Mortgage interest rates have been near rock-bottom lows for many years but are likely to increase over the next few years. Even though you can no longer count on record low interest rates, there are plenty of things you can do to make sure you save money
Mar 27, 2019 | Mortgages Savings Credit
Whether you have been saving up for your first home or you are ready to upgrade to a bigger place, you may be wondering if there is a “best” time to buy a home. While it depends on your priorities and your local market, there are some general
Mar 20, 2019 | First-time Homebuyers Purchasing a Home
After sitting down at the mortgage closing table to sign all the paperwork, you get the keys and can breathe a sigh of relief. But before you tuck all those mortgage papers away for good, there are at least 5 things you still need to do after closing to m
Mar 13, 2019 | First-time Homebuyers Purchasing a Home Refinancing a Home