Box Home Loans Exploding in Down Market

Why is it that some companies seem to flourish and grow in a down economy and others companies simply go out business?   Before I attempt to answer that question let me first say I can personally attest to living through the up and downs of the mortgage industry over the last 10 years.  With the recent press we have been receiving from Utah Valley Business Q  I find myself reflecting on why Box Home Loans has grown so rapidly in arguably the toughest time in the mortgage industry.  The last few years..

Will I Get More Money If I Wait?

The following article was written by Stan Francom, Vice President of Senior Division at Republic Mortgage (Box Home Loans Parent Company).  Stan sites some good sources and answers the question many of our clients are asking.    If you are thinking of entering the housing market do your research, get pre-qualified and ask a local real estate agent for some help.  Disclaimer done, here is the article:

Sellers in any real estate market are looking to get the best possible price. If you are looking to sell in the next year, today’s price may well be the best price. Home values stabilized somewhat in 2010. Many hoped that was a sign that values had bottomed out and we would see price appreciation in 2011. Studies released this week have painted a different picture…

Mortgage Processing: Innovate-Simplify-Reduce Cost

In 1908, Ford produced the Model T and made millions selling it at an affordable $805. Five years later he perfected the moving assembly-line, which allowed him to exponentially increase production of his cars at a much lower cost. By 1913, the price of the Model T was reduced to just $290—nearly a third of its original price just five years before. Ford’s business model was pure genius and revolutionary, and it forever changed our country’s and our world’s economy.  So what…

Three Simple Rules for Mortgage Shopping

There are two kinds of people that you don’t want to be: the one who leaves the closing table with the nagging feeling that you’ve just paid too much for your loan; or the ignorant person who leaves the closing table having no idea that you’ve just overpaid. With the help of the web and by following three simple rules, you can make sure that you can secure the best price on your mortgage…