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Justin Bancroft, 57402, Community Lending Group NMLS 2727

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Riverton, UT
Justin Bancroft, 57402, Community Lending Group NMLS 2727

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18 years experience in residential lending. FHA, VA, Conventional, USDA/Rural Housing
Licensed in UT, ID, CA

11/02/2026

The Fed held its benchmark rate last week.

But mortgage rates still moved lower in Freddie Mac's national weekly survey.

That's not a contradiction. Mortgage rates don't move in lockstep with the Fed's overnight rate.

So here's a better question than "When will the Fed cut?"

"Does this home's FULL payment make sense, and what can we negotiate?"

With national inventory at 1.60 million existing homes in September, some buyers may have room to discuss price, repairs, or eligible seller credits.

But it depends on the specific home and local market.

If you send me a listing, I'll compare the payment, cash to close, and financing options.

No predictions required.

10/26/2026

Mortgage rates finally moved a little lower last week.

So why are buyers still hesitant?

Freddie Mac's national 30-year fixed survey average eased to 7.32% on October 22.

Meanwhile, MBA reported purchase applications fell 7% for the week ending October 16.

That doesn't mean everyone should rush to buy.

But it can mean less competition on some properties—and more opportunity to ask about price, repairs, or seller credits.

Before you decide to wait, let's look at the entire transaction.

What's the full payment?

How much cash do you need?

Would a seller credit help?

Would a temporary or permanent buydown make sense?

If the numbers don't work, we don't force it.

Send me the listing. I'll run the options.

Justin Bancroft | Community Lending Group
NMLS #57402 | Company NMLS #4747

Freddie Mac's figure is a national survey average, not an offered CLG rate.

10/19/2026

If a builder offers a big incentive, is it automatically a better deal than a resale home?

Not necessarily.

43% of builders reported cutting prices in October.

And in September, 66% were offering incentives nationally.

That's a good reason to compare your options—not skip the fine print.

I'd want to see the advertised rate AND APR, any discount points, lender fees, whether a buydown expires, cash needed to close, and the total cost over the years you expect to own the home.

Here's a question:

What would matter more to you?

Lower cash needed at closing?

A lower monthly payment?

Or a lower total cost over time?

There isn't one answer that works for everyone.

But we can run the numbers.

Send me the builder sheet or listing and I'll compare the options.

Justin Bancroft | Community Lending Group
NMLS #57402 | Company NMLS #4747

10/12/2026

Would you rather save $10,000 on the purchase price or keep $10,000 more in your bank account?
It's an interesting question.
With mortgage rates moving higher, buyers need to be strategic about how they negotiate.
Sometimes asking the seller to contribute toward eligible closing costs makes more sense than simply lowering the price.
Other times, a price reduction is the better long-term decision.
There's no universal answer.
But I can show you the difference.
If you're considering buying, send me a property and I'll compare the options.
The best mortgage strategy isn't always the one with the lowest purchase price.

09/29/2026

7% IS BACK. PANIC ISN'T A STRATEGY. 🏠
Freddie Mac's national 30-year fixed survey average reached 7.03% last week.
So should every buyer immediately stop looking?
Not necessarily.
Because something else is happening at the same time:
More inventory.
Slower sales.
Potentially more negotiating power.
That's why I don't want buyers focusing on one number.
I want them comparing the whole deal:
• Purchase price
• Seller concessions
• Closing costs
• Temporary vs. permanent buydowns
• Loan-program options
• Monthly payment
• Cash needed at closing
• Long-term cost
You can't control where mortgage rates go next.
You can control whether you structure today's transaction intelligently.
Send me the property you're considering.
I'll run the numbers.

09/21/2026

RATES JUMPED. YOUR STRATEGY SHOULD TOO. 🏠

Freddie Mac's national 30-year fixed survey average moved to 6.95% last week.

That's the bad news.

The opportunity?

Housing inventory is higher, sales have slowed, and some buyers are stepping back.

For a prepared buyer, that can mean less competition and more negotiating power.

So don't only ask:

“What's the rate?”

Ask:

“What can we negotiate?”

→ Seller-paid closing costs
→ Temporary buydown
→ Permanent buydown
→ Purchase price
→ Repairs
→ Loan structure

You can't control the mortgage market.

You can control how intelligently you structure the transaction.

Send me the property you're considering and I'll run the numbers.

09/10/2026

“I have a 3% mortgage. I’m NEVER touching it.”

Fair.

And you may not need to.

One thing homeowners sometimes overlook is that accessing equity doesn’t automatically mean replacing your existing mortgage.

Depending on your situation, there may be ways to use some of the equity in your home while leaving that beautiful low-rate first mortgage right where it is.

Home improvement?
High-interest debt?
Investment opportunity?
Big upcoming expense?

There may be options.

The important part is comparing the numbers before making a decision.

If you’ve built equity but don’t want anyone coming near your current mortgage rate, I get it. 😂

Message me and we can look at what options might make sense

09/08/2026

Quick question for homeowners:

When was the last time someone actually reviewed your mortgage with you?

Not just your interest rate — the whole picture.

A mortgage review can help answer things like:

👉 Does refinancing make sense yet?
👉 Could removing mortgage insurance save you money?
👉 Are you sitting on equity that could help with other financial goals?
👉 Would keeping your current mortgage and using a HELOC make more sense?
👉 Has anything changed that could create an opportunity you didn’t have a year ago?

Sometimes the answer is: “You’re in a great spot. Don’t change a thing.”

And that’s a perfectly good answer.

If it’s been a while since we looked at yours, send me a message. I’m happy to run the numbers — no sales pitch required.

08/18/2026

You may not have to give up your great first mortgage rate to access the equity in your home.

If you've owned your home for a while, you may have built equity that could provide additional financial flexibility.

Depending on your situation, there may be options that allow you to access a portion of that equity while leaving your existing first mortgage in place.

That could be worth exploring if you're considering home improvements, consolidating higher-interest debt, making a large purchase, or simply want to understand what options are available to you.

The important part is finding out what makes sense for your specific situation.

Click the link below to explore potential opportunities, or reach out to me directly and I'll be happy to walk through the options with you.

https://flow.avenfoundry.com?i=52faa06e-f4e1-44a7-a913-d66de2eed212

08/11/2026

🏡 STOP SHOPPING FOR A MORTGAGE RATE.

Okay… maybe don’t completely stop. 😂

But your interest rate is only ONE part of the homebuying equation.

The better question is:

👉 “How can we structure this loan to fit my budget and goals?”

Depending on the buyer and property, there may be different ways to approach the financing — including loan program, down payment, seller concessions, mortgage insurance, and potential buydown strategies.

Two buyers looking at the same house can have very different financing plans.

Before you decide a home is “too expensive,” let’s actually run the numbers.

📲 Message me “PAYMENT” and I’ll help you look at your options.

Justin Bancroft | Community Lending Group

Address

1262 W 12700 S
Riverton, UT
84065

Opening Hours

Monday	9am - 6pm
Tuesday	9am - 6pm
Wednesday	9am - 6pm
Thursday	9am - 6pm
Friday	9am - 6pm

Telephone

+18016766656

Website

http://www.communitylendinggroup.com/

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