Tag - utah mortgage

Closing is About Communication

For us closing is all about communication. When you work with ALV Mortgage you are providing your clients with a mortgage experience that is simple, fast and hassle free.

 

Our communication strategies help us give your clients a seamless mortgage process from start to finish.

 

If you are looking for a lender that prioritizes communication and will provide a 5-star service for you and your clients, give us a call. We'd love to connect!

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“I have nothing but good things to say about my experience”

"I have nothing but good things to say about my experience with Crew Carlson and ALV mortgage. I refinanced my home with him and the process has been the quickest I’ve ever experienced. He is prompt at getting back to me and has been so helpful to answer all my questions throughout the process. He is so friendly and knowledgeable." - E. J.
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“Understands self employed. They just get it.”

"Talk about FAST! In this market- speed is your best friend. Along with communication and people who are on it. This is my second closing with Carter this year, first did a refinance, easy peasy. And second just upgraded to a larger space with these awesome interest rates. Carter is so personable, his team works together and you can tell as a team they have congruency. Being self employed and with all these restrictions right now is not easy. Carter’s team understands self employed. They just get it. We did a 21 day close and freaking closed in 19 could’ve closed before hand … I mean amaaaaaaazinng. Alyssa , thank you. Thank you Carter, thanks to your entire team I love this house."
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Top Mortgage Producers 2021

National Mortgage News named Anthony VanDyke and Carter Campbell among the top 400 mortgage producers in the United States.

 

Check out the full list at the link below:

https://www.nationalmortgagenews.com/news/top-mortgage-producers-of-2021

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“Offered different mortgage options, told me the pros and cons of each scenario so I could make an informed decision”

"ALV Mortgage was very helpful in getting into my new home. Throughout the process Anthony and his team were quick to respond to my questions, and communicated with me on every step. They offered me a lot of different mortgage options to choose from, and told me the pros and cons of each scenario so that I could best make an informed decision. I would highly recommend Alv to anyone who’s looking to buy, build or refinance their home!" -McCord Perry
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Pandemic Prompts Home Upgrades

Working from home have you feeling like the walls are closing in?

The pandemic has made many people realize their home no longer fits their lifestyle or family.

Now could be the time to upgrade your space – especially if you are in need of that home office you have always dreamed of!

Reach out today so we can explore your options for a home upgrade.

801.206.4343      NMLS # 888979

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Warm up to Buying a Home this Winter

As winter makes itself more at home, buyers might notice that despite the cold and the holidays, they've got some company in the market. We are seeing more buyers stick around in the housing market much later than we usually do at this time of year. With low inventory and high prices bringing a lot of competition for buyers it is likely that this winter will continue to be a seller’s market. In fact, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), predicts, “It will be one of the best winter sales years ever.” With a lot of buyers still in the market this winter, sellers who want to close with the best possible terms shouldn’t wait until the spring to put their home on the market. Buyers may find the increased competition discouraging, but it doesn’t mean they should postpone your search! While today’s historically low mortgage rates are expected to remain low into the new year, they won’t be low for too much longer. This could be the last chance for homebuyers to secure a low rate. The winter market is shaping up to be bigger than ever. If you are looking to take advantage of the low rates, contact us today to get pre-approved and give you a leg up on the winter competition.
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Loans Limits Increasing by 7.42% in 2021

On December 2nd, the Federal Housing Finance Agency (FHFA) announced increases to   conforming loan limits for mortgages to be acquired in 2021. These limits represent the  maximum size (dollar amount) for mortgage loans that can be acquired by Freddie Mac and Fannie Mae. The limits are based off the median and average home prices within a particular county. In most of the country the 2021 maximum conforming loan limit (CLL) for one-unit properties will be $548,250, a 7.42% or $37,850 increase from 2020 limits. This marks the fifth consecutive year of loan limit increases from the FHFA, in order to keep up with rising home values. The 2021 increase is a direct result of the significant home-price gains  that occurred during 2020, which is factored into the calculations FHFA uses to determine the limits each year. For areas in which 115% of the local median home value exceeds the baseline CLL, the maximum loan limit will be higher than the baseline loan limit.  In higher-cost counties, these limits increased based on the higher median home values in the area compared to the national average, (like Summit and Utah county). The loan limit increase is a benefit to both buyers and sellers. It gives buyers more spending power when purchasing a property since this helps them keep pace with the rising home prices. They may even have more of an opportunity to buy in certain neighborhoods that they previously thought were off-limits. For those looking to sell the new increase will open up more possibilities for more interested buyers due to their increased ability to finance. We love a good win-win situation! If you are looking to take advantage of the increased loan limits, we can start underwriting loans with the new loan limits AS OF TODAY, no need to wait until January 1st! Give us a call to get started.
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