The team at Canyons Mortgage has been in the mortgage business for decades and we’ve have certainly learned a few things along the way. Topping the list of important actions to take is choosing the RIGHT home mortgage lender to be part of your team as one of the most a critical financial decisions a client can make! Yet, years of experience, and helping hundreds of clients, have shown us that over half of potential home buyers DO NOT shop around to compare mortgages at all; instead, they often settle for the rates and fees presented by the first (nice) lender they visit or, the first ‘referral’ they receive from ‘a friend in the business’.
Let’s try thinking of it this way – If you need critical heart surgery, you aren’t likely to choose ‘a friend who is a doctor’ to do the surgery, you’ll highly likely seek the best surgeon you can find AND then get a second opinion as well – wise food for thought!
Ask anyone who has struggled or experienced stress with their mortgage process and they may say they wish they would have put more time and energy into researching and understanding the mortgage process, and lenders, before they agreed to its rates and terms. (IF you have an outstanding Realtor, he/she may keep you informed of these details but, that also infers you partnered with the right Realtor, too. Ask Us! We pride ourselves on purposely working with amazing, detail-oriented Realtors whom we are happy to recommend, based upon your specific needs!)
Whether you become our client, or not, we want you to succeed! Please keep reading and we will share some of the most common ‘mortgage mistakes’ and suggest how you may avoid making them:
