Tips & Promises from the President of Canyons Mortgage
- Even though you may have been turned down elsewhere, you may still be able to receive a loan from Canyon’s Mortgage – We know the In’s and Out’s of mortgages.
- Yes, IT IS OK (and a wise idea) to talk to a lender before you choose a Realtor or start house hunting – there is NO COST and NO OBLIGATION to ask us plenty of questions and obtain a Pre-Approval as well!
- There are many financing options and you are not expected to know them all… But WE DO! When it comes to your finances, don’t be afraid to contact us for a free and valuable education to help YOU make a wise decision.
- Yes, you absolutely CAN get everything (and more!) the national online lenders promise from a more personal, detail-oriented and highly motivated, family-owned Utah lender – specifically, Canyons Mortgage.
- Timing matters – The FIRST 3 DAYS you are Under Contract on a potential home purchase are critical; don’t delay getting us the purchase contract and all supporting contract documents. A sharp Realtor will be on top of this for you…
- An online application, or prequalification is great and helpful, HOWEVER, nothing beats an actual phone call with our professional loan officers to understand your options to be able to make a wise decision on your loan.
- A ‘low rate’ sounds great HOWEVER, it means nothing unless the full loan package is financially beneficial to you going forward AND your loan actually goes through (Closes).
- Many lenders make many initial ‘promises’ to be attractive to potential borrowers – HOWEVER, they don’t always deliver and often pass their customers off to many internal staffers so they can go back to selling
more loans; it’s frustrating to have to explain your position to different people, many times, at a lenders office! Canyons Mortgage promises you will have continuous updates and contact with the loan officer YOU choose from beginning, through processing and beyond Closing! It’s one of our promises to
Uncompromising Customer Service to you! - Carefully compare the different loan programs considering ALL costs. Different mortgage companies present costs in different ways, which can make it challenging to compare. At Canyons Mortgage we educate you and walk you through every detail of the loan to make sure you understand the full picture.
- Please Do Not apply for any new loans or make any ‘non-living expense’ purchases after being prequalified for your loan! This can, and will, affect your credit score and credit worthiness at Closing; You wouldn’t believe how quickly this can kill a new mortgage loan transaction!
- Do not Close on the house until all items in your Purchase Contract are met; as well as items on your Due Diligence punch list have been completed. Once the builder, or seller has Closed, you will likely have a very hard time getting them to complete any remaining or additional work, especially small projects. If in doubt, put it in writing and verify prior to Closing.
