City Creek Mortgage

Know someone saving for a down payment? They need to hear about this brand new product! 🚨 Click here to watch quick explanation video: https://lnkd.in/gEBZZVRe Introducing the new EcoSmart + HOPER Mortgage! Check out the Hope for Homeownership program, a groundbreaking FHA-backed mortgage option designed to help aspiring homeowners with up to $13,000 or 3.5% of the purchase price to cover essential homeownership expenses. It addresses two major challenges faced by today’s buyers: 1. Limited savings for a down payment or closing costs 2. Rising homeownership expenses (insurance, energy costs) Here’s how it works: Once pre-approved for an FHA loan, you’ll take a 6-8 hour online course at your own pace to boost your financial literacy. After completing the course, you’ll receive up to $13,000 (or 3.5% of the purchase price) as income, which you can use for your down payment, closing costs, or even to replenish your savings—whatever suits your needs best! But that’s not the only perk! To lower long-term costs, the program also requires you to make your home energy-efficient by installing solar panels. The best part? The cost of the panels is rolled into your mortgage, so no out-of-pocket payment is needed. Not only will this slash your electricity bills, but you’ll also qualify for an extra federal tax credit, typically between $10,000 and $15,000. In short, you could walk away with thousands in your pocket just by becoming a homeowner through this program! Program Requirements: Must be a primary residence Purchase must be made within 12 months of enrollment Property must be a single-family home (no condos or manufactured homes) Minimum credit score: 620 For more details or questions, call City Creek Mortgage at (801) 501-7950 and we can help you get started today!

🚨 We're growing! Join the City Creek Mortgage Team 🚨 We’re looking for driven and talented individuals to fill these key roles: • Sales Manager • Loan Processor • Loan Officers • Loan Coordinator 🌟 Send your resume to Tory@citycreekmortgage.com PS If you know of someone who may be interested, please share this post with them!

We are hiring! DM us if you are interested.

China’s $53.3 Billion Power Play💸   In what could be a retaliatory move, China dumped a record $53.3 billion worth of US Treasuries and agency bonds (such as mortgage-backed securities) in the first quarter of this year. As they dump supply on the market, it sucks money out of the market that could have otherwise been used to purchase more debt from the US Treasury, which pushes interest rates higher. They could be using tools to remind that US of the power they have over control our currency prices, as well as the impact they can have on interest rates. Trade wars are not good for inflation, or mortgage rates. We will have to see how this plays out in the months and years to come.   Don't miss out on Mortgage Mike’s weekly rate update and market commentary. Link to subscribe🚀: https://lnkd.in/ghpT8kiH

🏠 Post-Peak Housing Hustle: What’s Next? With June behind us, we have now passed the peak of the home buying season.This means that we can expect to find that the number of new listings hitting the market will slow. However, the total home inventory will likely not peak until some time around October. We are already seeing home price appreciation rates slow, with many believing that the rate of home value growth will stall by the end of 2024 and be relatively flat in 2025. At the same time, the total volume of homes being transacted remains at desperately low levels, which is terrible news for those in the mortgage and real estate industries. Of course,a surprise drop in mortgage interest rates could fuel a surge of home buyers that could buck the trends we typically see as we head into the slower season of winter. Want to sign up for Mortgage Mike’s weekly rate update and market commentary? Sign up here: https://lnkd.in/ghpT8kiH

We’re beyond thrilled to announce that we’ve won Best of Salt Lake City Mortgage Lender for the 6th consecutive year! 🏆 Big thanks to our amazing clients for trusting us for 26 incredible years. Shoutout to our rockstar team—we truly are thankful for each of you! 🧡

We have been nominated for Best of Salt Lake Mortgage Lender! If you have a chance, we would really appreciate if you'd vote for us if we have ever served you.😊 Vote Now --> Legal + Finance --> Mortgage Broker --> City Creek Mortgage

We are thrilled to announce that we have been presented the Utah Best of State Mortgage Broker award for the 7th year in a row! We couldn’t have done it without our incredible clients who have put their trust in us since 1998! Thank you for making us the best at what we do! 🙌🏡 Know anyone looking to purchase or refinance their home? Introduce them to us! We’d love to help them out. 🤝🧡 Tobi Roberts Mike Roberts #BestofState #utahbestofstate #smallbusiness

As we gear up for the busy home-buying season this spring, we wanted to share some exciting news with you: you can now buy a house with 0% down! Most “no money down” programs are actually down payment grants that you have to pay back when you refinance or move. Yikes. 😱 This new FHA grant program is different. You DO NOT have to pay this down payment grant back. It’s basically free money. 😀 Now is the perfect time to take advantage of this opportunity as we head into the bustling spring season. Want to learn more? Click here: https://lnkd.in/gztqFEfW

Hey Agents! JOIN US ON MARCH 5th to learn about the new FHA EcoSmart Mortgage ☀️   We are beyond excited to announce the arrival of the brand new FHA Ecosmart Mortgage that is completely exclusive to City Creek Mortgage in Utah!   This new product allows homebuyers to roll in energy efficiency upgrades (up to 20% of the purchase price), such as solar panels and a new roof all into ONE LOAN.    CA, AZ, UT, ID, NV, KS, MO & FL ☀️Realtors and Loan Officers ONLY!   This product has the same exact rate as a traditional FHA loan and does not increase the 3.5% down payment amount since the down payment is calculated only on the base loan amount.   The best part is that the appraisal only needs to come in at the base loan amount and does not need to come in higher for the upgrades. Reserve your seat—RSVP here: https://lnkd.in/geXbzF_C