An ARM is a type of loan with an interest rate that varies depending on how market rates move. During the introductory period of an ARM--which usually lasts for 2 to 10 years--the interest rate is fixed, but it is usually lower than a fixed-rate loan. After the ARM’s introductory period, the interest rate will follow market interest rates. Most ARMs have a rate cap that limits the amount that the interest rate can rise or fall over the course of the loan.
Why do we rock? We rock because we offer one of the largest product portfolios in the industry. Our teams can originate almost any loan with confidence and efficiency even in the most challenging situations.
Our support teams work fast and efficiently to keep our Loan Officers on top. We also offer a full range of marketing materials for LOs to reach clients, as well as an array of mobile apps to simplify the loan application process for clients and LOs.
It’s details like these that keep our Loan Officers happy and inspired. We concentrate on having their back and providing them with the support they need to perform to their highest potential.
Ready to make the leap to a premier lender? Contact me today to discuss your next big move!
#academystrong #nowhiring
#neverforget
Our vision of building prosperity and delivering dreams continues to inspire us to work hard and create new goals that push us to do our best. Looking back at the past four months, we’ve seen record-shattering numbers compared to the same time period for 2019, with production increases of up to 69% for the month of June 2020.
But the sweetest data hidden in these numbers is the reality that we’re helping people we’ve grown to consider family achieve their dreams—not just our clients, but also the hundreds of team members that call Academy Mortgage their employer. For us, it’s more than a job, it’s home away from home.
Are you looking for more from the work you do? Contact me to see yourself in this family-oriented atmosphere that always has your back!
#nowhiring #jobsearch #academystrong
Our Loan Officers love to serve Veterans by delivering dreams and inspiring hope through offering VA Loans. Women and men who have served in the armed forces can qualify for this loan product, while Academy and our support staff ensure that we deliver the finest customer service experience to those seeking our help in obtaining a mortgage.
We’re building a circle of trust by giving our support teams premium tools and an optimal environment, so they can give their focus and attention to our LOs, who can then provide the stellar care our Veterans deserve!
Ready to join our circle of trust? Contact me to today!
#academystrong #nowhiring
During challenging times, Fred Rogers reminded us to look for the helpers. Currently, there are thousands of helpers on the frontlines working to protect homes and businesses from destructive wildfires burning across California, Washington, and Oregon. Many of these men and women are working around the clock, even as their own homes and communities burn down.
We here at Academy Mortgage want to thank every firefighter and first responder who is fighting these fires while helping thousands of families evacuate to safety. Many of these brave individuals have responded to the call for help from across the country.
If your home has been damaged or destroyed by a disaster such as a wildfire, we want to help you navigate the road to recovery. From contacting your insurance and mortgage providers, to setting up a temporary mailbox, we have provided some quick tips to guide you through this challenging time.
"https://academymortgage.com/homebuyer-education/disaster-relief/disaster-relief-tips"
While technology streamlines and speeds up complex processes, we’d be naive to dismiss the value of human connection as the frontiers of the mortgage industry evolve. Human contact is imperative during the loan process, when the warmth of a skilled guide is needed to navigate the journey—that’s the intrinsic value of the Loan Officer.
But when digital meets human, we experience a synthesis of power. For this reason and many others, Loan Officers need to embrace new technology as it develops, a concept Patrick Welberg, our Executive Vice President, tackles in the November issue of NMP Magazine.
Check out his insights on “The Irreplaceable Value of a Loan Officer.” ➔ https://issuu.com/ambizmedia/docs/nmp_october_2020_issuu?fr=sOWZiNjE5ODQwODc
#academystrong #nowhiring #jobsearch
The annual percentage rate is the annual interest rate you pay for your home loan (the cost you pay each year to borrow the money) plus any points and other lender fees. The APR is usually higher than the interest rate. CALL ME if you have questions about APR or other concerns. Now is a great time to take advantage of today’s amazingly low rates—I can help you lock in a great rate to refi or buy your dream home!
U.S. Veterans have made many sacrifices to serve our country and protect our freedoms. To show our gratitude, we’re able to offer them a Veterans Affairs Home Loan and the freedom of homeownership. The American dream is within reach for these men and women who have given so much, and options are available at amazing and attainable terms specifically designed to cater to active or retired military personnel and their families. We have the opportunity to help them on their way to financial stability and long-term prosperity.
#AcademyStrong #VALoan #Verteran #Mortgage
We love to invest in our people through Leadership Academy, which develops leaders across our organization in sales, operations, and Home Office management.
We want to say congratulations as the third class of Leadership Academy participants graduates from the MBA-style certificate program this month. These dedicated participants completed the 12-month curriculum of case-based learning modules, forums, field workshops, and experiential team projects.
We never underestimate the power of training, development programs, and coaching in helping others achieve their Potential, both personally and professionally.#nowhiring #growth #academystrong #jobsearch
A fixed-rate mortgage has the same interest rate throughout the term of the loan, so it provides stability and predictability. By comparison, the rate for an adjustable-rate mortgage (ARM) can vary over the course of the loan.
Happy Thanksgiving to all from Academy Mortgage!
The Federal Housing Finance Agency announced on November 24, 2020, that the new baseline conforming loan limit for Fannie Mae and Freddie Mac mortgages in 2021 will be $548,250 for one-unit properties in most areas in the U.S. This is a 7.5% increase from 2020’s limit of $510,400 and marks the fifth consecutive year of increases from the FHFA. Contact me today for more information!
We're looking to hire a fantastic Transaction Coordinator! Reach out if you know of any candidates!
#AcademyStrong
ACADEMY MORTGAGE - MARKET STREET
Transaction Coordinator
Here at Academy Mortgage, we care about investing not only in our people, but their loved ones as well. We are committed to enhancing the physical, mental, financial, and overall well-being of our team members and their families by offering a comprehensive and competitive benefits package. One of the unique benefits offered at Academy is Pet Insurance. We understand that pets are an important member of the family and we want to allow our team members to give their pets the best care possible without breaking the bank. Looking to join a team that invests in both you and your loved ones?
#AcademyStrong #LovePets
Academy Mortgage is proud to serve our nation’s military personnel and Veterans by providing affordable mortgage solutions and supporting military-related organizations. It is our privilege to deliver the dream of homeownership to these individuals and families who have sacrificed so much to protect our country and our freedoms. Our total VA Loan production in 2019 and collective involvement with nationwide programs to benefit and enhance the lives of military families are the reasons why Academy was named a Best Military Lender by NMP Magazine for 2020. With Veterans Day on the horizon, we also want to thank our military team members and their families for your selfless service and sacrifice.
Looking to create more wealth? Your mortgage is a great place to start! Now is the time to refi to a lower interest rate, lowering your monthly payment and potentially save thousands in interest over the life of your loan. A lower interest rate could mean a higher percentage of your payment could be going to principal instead of interest.
Let me know if you would like me to run a no-obligation scenario to see what your wealth opportunity could be.
2020 was a year unlike any other, but it was also a year of noteworthy achievement! Our Northern Utah team grew by 34 employees, clients completed their home financing journeys virtually and our Loan Officers continued to break their personal records!
Closing $1,643,339,848 in production and being part of 5,451 families' journeys to achieve sustainable homeownership.
Thank you to all of our clients and business partners for trusting Academy and to our team members for going above and beyond. We are looking forward to what 2021 brings!
Regional Sales Leader: Brett Mills
#AcademyStrong #InspiringHope #DeliveringDreams #BuildingProsperity
BREAKING NEWS!!! The Federal Housing Administration (FHA) has announced that individuals classified under DACA who are legally permitted to work in the U.S. are now eligible to apply for an FHA mortgage. Contact me today for more information.
A new home calls for new holiday traditions! Whether your household is big or small, here are 25 ways to bring the Christmas cheer to you and yours.
COUNTRYLIVING.COM
Your Family Will Love These Fun Christmas Eve Traditions
An appraisal is an estimate by a professional appraiser of how much a home is worth. Mortgage lenders require that you get an appraisal before you sign on a loan to buy a home. The appraisal assures the lender that they aren’t lending you more money than the home is worth. CALL ME if you have questions about appraisals or other concerns. I’m here to help you achieve the dream of homeownership! With today’s historically low rates, now is a great time to lock a rate and buy or refi!
