Buying a Home in Utah With 1% Down
Buying a home in Utah with 1% down may sound too good to be true. For many buyers, the biggest challenge is not the monthly mortgage payment. It is the upfront cash needed for the down payment. That is why the 1% down program can be such a helpful option for qualified Utah homebuyers. If […]
Is the 1% Down Program Only for First-Time Buyers?
One of the biggest misconceptions about the 1% down program is that only first-time homebuyers can use it. A lot of low down payment programs focus on first-time buyers. So, it makes sense that people assume this one works the same way. But here is the good news: more buyers may qualify for the 1% […]
Buy a Home with 1% Down in Utah When Life Says It’s Time
Sometimes people buy a home because the market looks perfect. Most of the time though, people buy a home because life tells them it is time. The commute might be wearing on you. You may want to live closer to family. Or life may have changed with a new marriage, a baby on the way, […]
VantageScore Mortgage Update
For years, mortgage lenders have mostly used FICO scores when reviewing a buyer’s credit. But that is starting to change with the new VantageScore mortgage updates. Fannie Mae, Freddie Mac, and FHA have all started moving toward allowing VantageScores in mortgage underwriting. That may sound like a small technical change, but for some buyers, it […]
UWM VantageScore Update: What FICO and VantageScore Mean for Homebuyers
UWM VantageScore changes are giving mortgage brokers another way to help qualified buyers get approved for a home loan. United Wholesale Mortgage recently announced that brokers working with UWM now have access to both FICO® and VantageScore® for conventional loans. That may sound like a small credit update, but it could make a real difference […]
Moving Closer to Family in Utah: Why More Buyers Are Making the Move
Moving closer to family in Utah is becoming one of the biggest drivers behind why people are buying homes right now. And it’s not just a feeling—it’s showing up in the data. Most people moving in Utah today aren’t coming from out of state. They’re already here. They’re just choosing to move closer to family, […]
Single Women Buying Homes in Utah: Why More Are Buying Now
Single women buying homes in Utah is one of the most interesting shifts we’re seeing in today’s market. Right now, single women make up roughly 21% of homebuyers in Utah. That’s a meaningful jump compared to past years. More women are choosing to buy on their own, and the reasons behind it are actually pretty […]
Who Can Close Fast in Salt Lake County?
If you’re trying to close fast Salt Lake County, you’re probably not just browsing Zillow for fun. You’re trying to win. And in this market, speed isn’t just a “nice to have.”It’s often the difference between getting the house… or watching someone else move into it. Why Closing Fast Matters in Salt Lake County Salt […]
Fed Rate Cut: What It Means for Utah Homebuyers and Mortgage Rates
If you’ve been watching the headlines, you’ve probably seen it: the Fed rate cut has everyone talking about what it means for homebuyers and mortgage rates. The Federal Reserve recently reduced its benchmark interest rate by 0.25%, signaling that economic cooling is officially underway — and Utah homeowners are feeling it. 1. What’s Going On […]
STOP! Don’t Buy That Boat (Yet): 5 Surprising Ways to Sabotage Your Home Loan
Picture this: You are about to close on your dream home. Then, BOOM. The deal falls through because you financed a brand-new jet ski two days before closing. Who knew that buying a floating couch could sink your mortgage approval? Buying a home is exciting, but it is also a fragile process that can derail […]