Bud Bate - Mortgage Loan Officer

04/08/2023

If you don’t suffer from “golden handcuff” syndrome, I’m sure you know someone who does. If you’re hesitant to purchase with today’s current rates, just remember that most people in those low rates didn’t start at their current rate—they refinanced as the rates declined—which you will be able to do as well!

The fact that nobody wants to leave a 4% ( or better) rate is certainly making a difference in the supply chain though. That’s going to keep prices from dropping very much. Get in now and I’ll help you refinance when the rates drop!

At today's rates, most homeowners would have to finance a new home at a higher rate than their current one, creating an incentive to stay put.

10/05/2023

Learn more about mortgage basics by checking out this user-friendly guide!

Mortgage Basics GuideRoss Garner , WalletHub Community ManagerJan 10, 2023Ross Garner , WalletHub Community Manager Jan 10, 2023 The terms “mortgage” and “home loan,” are used interchangeably to describe loans secured by the very value of the homes they are used to purchase. Mortgages are a ...

03/05/2023

“Is this the year to buy, or should you wait until the market shifts a bit? Experts weigh in on the key factors aspiring buyers should know this year.”

Is this the year to buy, or should you wait until the market shifts a bit? Experts weigh in on the key factors aspiring buyers should know this year.

28/04/2023

This is an interesting article about how equity in homeownership has surged over the past decade (it pays to be a homeowner).

And while Utah County might not be the most diverse area in the Nation, it is cool to see that Provo made one of the lists!

Most owners have earned more than $100,000 in equity over the last decade, but discrepancies among racial groups persists, according to new NAR data.

26/04/2023

Credit is a necessary part of our financial lives. Learn more about credit and how it works!

Credit is a contractual agreement in which a borrower receives something of value immediately and agrees to pay for it later, usually with interest.

19/04/2023

“Applying for a mortgage can be nerve-wracking, especially if you’re doing it for the first time. The good news is that you can set yourself up for success by following these seven steps.”

Buying a home is one of the most exciting things you’ll do in your life. It’s also likely the most expensive. Unless you have a swimming pool full of cash, you’ll need to take out a mortgage to help finance the purchase of a home. Applying for a mortgage can be nerve-wracking, especially if yo...

12/04/2023

“If you're thinking about buying a home, this list can help to get your search off on the right foot. While the number of rooms, the condition of the kitchen, and the size of the yard are important, there are other factors to think over before you make an offer and move.”

If you are thinking of buying a house, consider these things before closing the deal. Whatever is important to you should be reflected in the home.

05/04/2023

“Leaping into homeownership is always a big decision, whether you've been saving up for years or you're looking to take advantage of a first-time homebuyer program. The process is complicated, and it can become overwhelming if you're not prepared.

Let's take a look at some first-time homebuyer tips and common pitfalls you'll want to avoid so you'll be well informed before your purchase.”

Purchasing a home for the first time can be overwhelming, but it doesn't have to be. Follow these tips to make the homebuying process a little bit easier.

29/03/2023

“Before you begin this journey as a first-time homebuyer, you should invest in some logistical groundwork. Doing your homework ahead of time will better prepare you for the homebuying process, especially when the housing market is hot and competition fierce.”

When buying your first home, it's tempting to rush onto Realtor.com or Zillow. Do some homework before you search.

29/03/2023

Are you (or someone you know) struggling to determine whether it's a good time to buy a house or not? I thought this was a good article to share. Call me about your specific needs and concerns and maybe I can help you make a better, more informed decision:

During times of economic uncertainty, higher interest rates, inflation and other factors may have you reconsidering whether now is the time to get a mortgage. Read these considerations if you’re trying to decide whether to buy a house now or wait.

24/03/2023

Learn about the upcoming online and in-person UCCU Home Buying Seminars! Don’t forget to invite your friends and family—you don’t have to be a UCCU member to learn how to best navigate your home buying future.

We know that the housing market is a little hectic right now. That's why we have FREE Home Buying Basics seminars to answers your questions.

09/03/2023

If you love where you bank, you now have the chance to let your voice be heard! UCCU is once again in the running for Best Credit Union and Best Mortgage in Utah Valley Magazine’s annual Best Of Utah Valley awards.

Here’s how to vote:

1. Click the following link: https://4681826.survey.fm/2023-best-professional-services
2. Click “Start Survey” and enter email address
3. Vote for Utah Community Credit Union for “Best Credit Union” and “Best Mortgage”
4. Click “Finish Survey”

Vote now! Voting ends March 15th.