With the housing market exploding, it is more important than ever to have a good housing lender! Unless you have a stack of cash lying around to buy a property, chances are you will need some sort of financing for part or usually most of a home purchase. Mortgage loans can come in all shapes and sizes. Some people put a lot of money down, and only require a smaller loan. Some have a minimum down payment which requires something a lot bigger. In most cases, buyers will not be able to buy a home without a loan. One of our loan officers, Blake Bench, was recently on ABC 4 Good Things Utah to explain why financing in this current market is so important.

In this housing market it is important to know how much money you qualify for, before you fall in love with a home you might not be able to afford. There may be things regarding your finances that you may need help understanding before a mortgage loan is a possibility. Talk to a loan professional before you start the house hunt.

Buying a home is something new and exciting! It’s something that people look forward to all their life! By understanding mortgages, you can make your home buying experience smooth and memorable.