Mortgage Guy - Carter Maclean

03/04/2022

Had to steal this from

07/01/2021

Whether you're looking to invest in real estate for the first time, or you're experienced and want to add to your portfolio, this is for YOU!

Questions? Contact me today! 385-414-5175

I work hard to price extremely competitively because the greatest thing is improving your financial

06/29/2021

This is HUGE!

There's very little standing in between you and homeownership! STOP paying rent START earning equity!

The best way to make this work is use this to get in the door, and refinance about 6-7 months later to lower your payment.

Questions? Contact me and I can help you get started!

06/23/2021

Pro tip: don’t tie yourself down with a higher monthly payment when you don’t need to! While you might have extra money to spend on a higher payment now, this may not always be the case.

If you’ve finally decided to refinance, you might be considering shortening your loan term.

This probably means you’re looking at going from a 30 year loan to a 15 year loan. Switching to a 15 year loan will increase your monthly payment, sometimes by quite a bit.

With a 30 year loan, you can still make extra payments on certain months where you decide to put more of your paycheck or savings toward your loan! This way, you can pay off your loan in less than 30 years, BUT you are not required to make that higher payment every single month.

This leaves you with more financial flexibility so you can be prepared for unexpected expenses, future investments, or even just a fun summer trip!

This picture is from last summer, when my wife and I went to Yellowstone with some family. We love the outdoors!

06/18/2021

Here are some answers to the most common questions I am asked as a loan officer. Find out how to prepare for your new home purchase!

A mortgage is likely to be your biggest liability so every penny you can save on fees and other costs can make a huge difference over the life of the loan!

06/04/2021

Do you know your DTI? Here's why it's important.

05/27/2021

When it comes to something as valuable as your finances and your home, you want to make sure that you’re working with someone you trust.

It’s always a good idea to get to know your loan officer... so here’s a little bit about me!

🇬🇧 I’m from Manchester, UK, but have been living in the US for 6 years.

⚽️ I’m a soccer/boxing coach and a huge sports lover, I also love rugby and MMA!

🏔My wife and I currently live in the beautiful state of Utah!

✈️ I’ve lived in 4 different states since moving to the US, and my wife and I love to explore new places!

👶🏻 We are expecting our first baby to be born in just a few months!

05/21/2021

Even with today's insanely low interest rates, you could get an even lower rate than you think.

If you are planning to stay in your home for a while and can benefit from a lowered interest rate long term, then buying down might be the right move for you.

While you might pay more up front for your refinance, you could save thousands over the course of your loan.

Think of it this way. Let's say you spend $1000 to buy down to a lower interest rate that lowers your monthly payment by $100. After just 10 months of paying your mortgage, your mortgage points have paid for themselves!

From there, you can enjoy a lowered monthly rate thanks to those mortgage points!

05/19/2021

When you're looking to get approved for your mortgage loan and hoping to get a lowered rate, you might be wondering which is more important... Income or assets?

While both are important and can help you get approved, lenders usually prefer to see a steady income. It lets them know that you'll be able to reliably pay back the loan as you receive a paycheck each month.

However, assets can still be very useful when it comes to getting approved. It shows the lender that you have the ability to pay back the loan using those assets if you don't have a steady income or if you're retired and no longer have a monthly income at all!

05/19/2021

When it comes to getting approved for a loan or a certain interest rate, you might be wondering which is more important.. Income or Assets?

While both are important and can help you to get approved, lenders usually prefer to see a steady income. It lets them know that you'll be able to reliably pay back the loan as you receive income each month.

However, assets can still be very useful when it comes to getting approved. It shows the lender that you have the ability to pay back the loan using those assets if you don't have a steady income or if you're retired and no longer have a monthly income at all.

05/12/2021

Now is the time to refinance! Rates are still low, and I'm here to make sure you save $$.

Why should you refinance? Find out some of the benefits, and contact me for a quote!

385-414-4175

05/10/2021

House hacking involves purchasing a home and renting out parts of it to other residents. Oftentimes, their rent will cover your mortgage payment (and then some)!

You can rent out rooms, a basement, or even create apartments in the home. Some buyers even choose a duplex or fourplex to rent out.

And as long as you live there, it is considered your primary residence and would qualify for a residential loan (which is a lot cheaper than an investment property loan).

Plus, you can purchase a home with a 3% down payment if you're a first time home buyer, or 3.5% if not!