by umlc | January 20, 2020 | Company Blog | 0 Comments

Many people are under the impression that trying to sell a home in the winter time is a bad idea.  Do you fall into this perception?  The truth is, there are pros and cons to selling in any season, but selling in the winter can definitely be a good idea.  Check out...

by umlc | December 12, 2019 | Company Blog | 0 Comments

The holiday season is in full swing and Christmas day is fast approaching! How do you plan on spending your time this Christmas season? Do you have long time traditions that you just can’t live without? Are you looking for some new ideas to help bring the family...

by umlc | July 31, 2019 | Company Blog | 0 Comments

Many people fear that the American dream of owning a home will never come true for them.  This could not be farther from the truth!  The truth is, anyone can get into a home!  The key is knowing what you need to do now to start preparing for the right time to buy. ...

by umlc | June 28, 2019 | Company Blog | 0 Comments

One of the most important parts of the home search is attending open houses.  The primary purpose of the open house is to make sure the home meets your expectations and to see if you can picture yourself living in the home.  One important part of attending open houses...

by umlc | June 14, 2019 | Company Blog | 0 Comments

When it comes to selling a home, a lot of people don't know what is necessary to get their home into proper selling shape.  Some people over think it and spend more than they need to on repairs.  Other people may think that there home is just fine the way it is, but...

by umlc | June 7, 2019 | Company Blog | 0 Comments

There are many people that still think you need a large down payment saved up to be able to buy a home.  This is simply NOT true!  There are so many affordable loan programs out there now days.  There are 3% down programs like Home Ready and Home Possible, there is...

by umlc | May 31, 2019 | Company Blog | 0 Comments

Do you want to make your home buying process fast and easy?  Identifying and gathering the necessary documentation ahead of time will help you get approved quicker.  When applying for a home loan, all income and funds for closing costs and down payment have to be...

by umlc | May 22, 2019 | Company Blog | 0 Comments

Summer is fast approaching!  One of the many challenges homeowners face in the summer is keeping their grass green!  It can be so hard to find the right balance between watering too much and watering too little.  The right combination of appropriate watering and use...

by umlc | May 17, 2019 | Company Blog | 0 Comments

Are you thinking about purchasing an investment property?  Many people want to invest in real estate, but they are hesitant because they do not know what to expect.  The key to the success of any landlord is being able to effectively and efficiently manage your...

by umlc | May 10, 2019 | Company Blog | 0 Comments

Any purchase requires some research and background information to make sure you are making the right decision.  Buying a home is no different.  It is important to check out the neighborhood and the surrounding areas before you purchase a home.  You want to make sure...

by umlc | May 3, 2019 | Company Blog | 0 Comments

Hearing the term “30 year mortgage” can seem very daunting.  No one wants to have a debt hanging over them for 30 years!  If you have a mortgage, you have probably wondered what you can do to pay it off early.  This thought can seem like an unobtainable goal if you...

by umlc | April 26, 2019 | Company Blog | 0 Comments

When we hear the term “home improvement” we typically think of a large expense and a major renovation.  The truth is, not all home improvements cost a fortune and some types of home improvements can even save you money in the long run.  These types of home...

by umlc | April 11, 2019 | Company Blog | 0 Comments

Easter is just around the corner!  We only have a little more than a week left before we celebrate a wonderful holiday with some of the best traditions of the year!  Now, we all have our traditions that we HAVE to do every year.  Some of these traditions have been...

by umlc | April 5, 2019 | Company Blog | 0 Comments

Spring is here!  Or is it?!  Finding the right time to start planting your garden can sometimes feel like a roll of the dice in Utah.  How do you weigh the risk vs. reward and figure out when is the right time to start planting?  And how can you make sure that your...

by umlc | March 29, 2019 | Company Blog | 0 Comments

Selling a home is can sometimes be just as stressful as buying a home.  If your home remains on the market month after month without any offers, it can be discouraging.  Many people wonder what they are doing wrong or what is wrong with their house that is making...

by umlc | March 21, 2019 | Company Blog | 0 Comments

Everyone knows that moving is stressful.  Anyone who has ever moved has asked themselves these questions:  “Where do I start?”  “What am I going to put everything in?”  “How did we acquire so much junk?”  “Is this even worth it?” and on and on and on.  Effective...

by umlc | March 14, 2019 | Company Blog | 0 Comments

There are many different kinds of loan programs out there.  Determining which loan program is right for you can be a difficult task.  Our mortgage professionals take the time to train and education themselves on all the different types of loan programs so they can...

by umlc | March 7, 2019 | Company Blog | 0 Comments

A pending sale means that someone has made an offer on the home and that offer has been accepted.  It does not mean that the loan has been closed or that the home is sold.  A home will remain in the pending process until all of the legal work has been completed and...

by umlc | February 28, 2019 | Company Blog | 0 Comments

As the winter season is coming to an end and spring is just around the corner, we can expect the housing market to start getting back into full swing. The market over the past 12 months has been largely in favor of the sellers due to low inventory and high demand. ...

by umlc | February 15, 2019 | Company Blog | 0 Comments

Many people believe that getting a home loan after a bankruptcy is impossible.  This is simply not true.  It is possible to get a mortgage after a bankruptcy.  There are just specific rules and regulations you have to follow to qualify.  There are several different...

by umlc | February 8, 2019 | Company Blog | 0 Comments

Searching for a new home is a lot of fun, but the financial side of things can sometimes feel a little overwhelming. Having a good mortgage lender can really help simplify this process as they guide you through it. In order for your loan officer to give you the best...

by umlc | January 31, 2019 | Company Blog | 0 Comments

The last 5-10 years have brought in a wave of new “smart” technology.  One of the industries most affected by these innovations has been the housing industry.  These new electronics are redefining luxury living in a multitude of ways.  Pretty much anything electronic...

by umlc | January 25, 2019 | Company Blog | 0 Comments

Getting the financing for your home may seem like an easy task if you have are really good loan officer, but many people don’t realize that there are several  road blocks that could shut down the whole process if you are not careful.  These “commandments” are some...

by umlc | January 17, 2019 | Company Blog | 0 Comments

Most people who have experienced buying a home probably feel like they have a pretty good idea for what to expect when it comes time to purchase their next home.  The reality is, however, every home buying experience is different.  There are always different...

by umlc | January 10, 2019 | Company Blog | 0 Comments

New Year’s resolutions seem to be some of the hardest goals to achieve.  More often than not, we end up giving up on, or forgetting about, our New Year’s resolutions before we are even half way through the New Year.  There are many different reasons for this, but the...

by umlc | January 2, 2019 | Company Blog | 0 Comments

Buying a home can seem like an overwhelming task.  There are just so many things to think about from money, to finding the right home, to moving stresses, and everything in between.  When it comes to breaking all of these tasks out into a step by step process, most...

by umlc | December 27, 2018 | Company Blog | 0 Comments

There are many trends going around these days that are encouraging home buyers to purchase a home without using a real estate agent.  Some of these other options include using an app or website to help you find your home, or just doing it yourself.  Despite these new...

by umlc | December 20, 2018 | Company Blog | 0 Comments

With the big day less than a week away, it is pretty common for everyone's stress levels to turn up a notch. It doesn't have to be this way! Here are a few easy tips to make your holiday less stressful and help you enjoy this fabulous time of year.   1.)...

by umlc | December 12, 2018 | Company Blog | 0 Comments

One major concern for people when it comes to buying a home is whether or not they will have enough money for a down payment.  The good news is that there are many different ways to get help with your down payment if you are unable to come up with the money on your...

by umlc | December 6, 2018 | Company Blog | 0 Comments

When it comes to getting the best possible interest rate on your mortgage, a good credit score can go a long way.  Your credit score is a representation of how likely you are to pay your debts in a timely manner.  In other words, it is a representation of how much...

by umlc | November 29, 2018 | Company Blog | 0 Comments

Many people do not know what to expect when they go through the mortgage process.  It can be intimidating to go into the home buying experience without knowing how long it is going to take or what you are going to have to do.  On the other hand, it is very beneficial...

by umlc | November 15, 2018 | Company Blog | 0 Comments

One common misconception about buying a home is that it is just not possible to do while you are going to school or paying off student debt.  This is simply NOT true.  There are many people that buy a home while they are still paying off student debt.  Below is a list...

by umlc | November 1, 2018 | Company Blog | 0 Comments

Applying for a loan can be stressful.  One of the biggest things our clients worry about is credit worthiness.   Below is a list of things to avoid when going through the loan process to ensure that you maintain your credit scores.   Doing anything to Cause a Red...

by umlc | August 29, 2017 | Company Blog | 0 Comments

Finding the right insurance policy for your home purchase is one of the most important ingredients when buying an existing home or a new home. When companies begin to talk about replacement values or deductibles, it sometimes get frustrating to figure out what to do...

by umlc | July 11, 2017 | Company Blog, Refinance | 0 Comments

Home values in Utah have been rising the past several years. The average selling price along the Wasatch Front has grown 35% since 2013. This includes Weber, Davis, Salt Lake, Tooele, and Utah counties. In 2017, the average home sold for $304,000. Source via Salt Lake...

by umlc | July 10, 2017 | Company Blog, Purchase, Refinance | 0 Comments

Veterans Administration (VA) loans are a fantastic way to obtain home financing for America’s servicemen and women. VA loans are insured by the Veterans Administration allowing private lenders to lend up to 100% of the purchase price. There are several significant...

by umlc | July 10, 2017 | Company Blog, Purchase, Refinance | 0 Comments

An FHA loan is one that is insured by the government and backed by the Federal Housing Authority (FHA). This insurance offers protection to Private lenders who fund FHA loans. In the event of default, FHA will help cover losses incurred by the lender. Lenders are then...

by umlc | July 10, 2017 | Company Blog, Purchase, Refinance | 0 Comments

A Conventional loan is one that is insured, funded and serviced by private lenders as apposed to FHA, VA, or USDA loans which are also funded and serviced by the private sector, but are insured by the government. Here we will discuss some advantages and disadvantages...