Mountain West Financial - Rancho Cucamonga

Shout out to all of the caring nurses working around the clock, taking care of those in need! Mountain West Financial is grateful for your dedication and selflessness! Happy National Nurses Week!

It's time to give our teachers some extra credit because today is National Teachers Day! Lets recognize and appreciate teachers for their lasting impressions on our lives.

Mountain West Financial, Inc. is proud to announce that we have been named in Mortgage Executive Magazine’s list of the ‘Top 100 Mortgage Companies in America’. This is the eighth consecutive year that we have been honored with the recognition. This symbolizes and celebrates the service, dedication and hard work that every member of the MWF Family devotes to serving our employees and clients for the past 31 years.

From your friends at Mountain West Financial, Happy Earth Day! How can you live a life that is more environmentally friendly? Try repurposing, recycling, composting and even carpooling. Take the opportunity to go outside today and appreciate all that our Earth has to offer.

Mountain West Financial celebrates Patriots Day to commemorate the start of the American Revolution and to honor the courageous men who fought.

From your friends at Mountain West Financial, Happy Tax Day!

Happy Easter from our our family to yours! What is your favorite thing do on Easter? Egg hunt? Confetti eggs? Decorating the eggs? Whatever it is, we hope you have a wonderful holiday!

It's National Pet Day! Give your furry friend a special treat today. Did you know that pets can contribute to our overall health as they sometimes help with lowering our cortisol, cholesterol and blood pressure levels according to the National Institutes of Health.

Being able to help families achieve the dream of Homeownership as well as help other families save money with refinancing at low rates is our privilege to help those in our communities. If you are looking to refinance or own a home, contact us today to learn more!

Happy National Walking Day from your friends at Mountain West Financial! Studies show that walking for just 36 minutes a day can drastically improve your health. Put on some comfy shoes and listen to your favorite jams and take a walk today.

Let's salute the man who always motivated everyone around him. Happy Cesar Chavez Day to all.

We are so grateful for the exceptional Doctors that are committed to our health! Happy National Doctors' Day from your friends at Mountain West Financial!

World Water Day reminds us of the value of water and helps highlight responsible use of water as well as access to safe and clean water for all. With warming temperatures and other stressors that are impacting the quality and quantity of our water, we should understand our role in how we can protect it.
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Happy First Day of Spring from your friends at Mountain West Financial!

Myth: A bigger down payment is always better.

Fact: Every situation is different, but keep in mind that the average down payment for first-time homebuyers is only about 6 percent. The challenge of saving for a down payment is the number one reason most buyers wait longer than they’d like to buy a home. In fact, many sidelined buyers have the income and qualifications to make the monthly mortgage payment – they only lack the down payment.

Many consumers and experts still assume 20 percent down is best. Yes, it will help you avoid paying private mortgage insurance (PMI), but it may be worth it to pay the PMI now and buy sooner. Contact us today to learn more!

Thank you to our amazing clients for taking the time to share their experience! We hope to be your lender for life!

From your friends at Mountain West Financial, Happy St. Patty's Day!

Have you thought about springing into a new career? Join our FREE 7 week program and learn all about what it means to be a Mortgage Loan Originator! We hope you join us in our our next session beginning April 4th! Register today at http://becomealo.com/.

Don't forget to Spring Forward this Sunday, March 13th!

Myth: Sellers won’t accept offers with layered financing.

Fact: Are you worried the seller will balk at a contract with financing beyond a typical first mortgage? While that might happen, we also know sellers want to sell their home…for the best price. The real issue at hand is the fear of longer closing times or complicated closings. Sellers may have heard cash offers are better because they’re quick and will cost them less. But, is cash really better? Consider that buyers with down payment assistance are actually coming to the table with extra funds (and more to bargain with), allowing them to compete with other buyers on price and seller-paid costs. It also means the seller doesn’t have to take a lower offer to sell faster to a more aggressive (and less common) cash buyer. In fact, down payment assistance may cover items like closing costs and other seller-paid costs, allowing the seller to gain even more. When agents and sellers open their minds to buyers taking advantage of homebuyer programs, it can help all parties involved.

In order to improve the timeline and reduce any seller fears, you should complete homebuyer education early, submit loan documents to the lender promptly and do your part to expedite the process from the beginning. Contact us today to learn more!

Thank you to our amazing clients for taking the time to share their experience! We hope to be your lender for life!

Happy March Forth Day! Today we encourage you to focus on bettering yourself by taking a step towards any goal you may have. While it is important to pour into others we must also pour into ourselves. Your aspirations and dreams deserve the opportunity to grow.

Myth: Down payment assistance programs guarantee longer closing time lines.

Fact: It’s true that some of these programs may take a little longer than a typical loan to underwrite, approve, reserve funds, and deliver closing documents. However, the closing timeline must be measured from the date the full down payment assistance application is submitted, not when the opportunity is first discovered.

So, do yourself a favor and research these programs early. By completing homebuyer education courses and other requirements upfront, you are getting a jump start on your loan. Bottom line: you’re trading a little extra legwork to gain immediate equity and retain some of your savings. Contact us today to learn more!

Mountain West Financial is honored to celebrate March as Women’s History Month which recognizes women and highlights the contribution of women to events in history. We are excited to highlight the women in our company who make an impact in our industry.

Myth: Down payment assistance dollars are never forgiven.

Fact: There are a variety of programs available, including some that defer payments or interest and others that offer grants or forgivable loans. It’s important to understand how programs work. Nearly every down payment assistance program creates a lien on the financed property, just like the first mortgage. Homebuyer programs take a subordinate second or even third lien position.

But, not all programs have to be repaid. Grants are typically structured as gifts that do not have to be repaid. The grant funds are delivered to you at closing. Grants that do have to be repaid will typically waive the interest and defer payments. This provides a unique upfront buying power and opportunity for homebuyers. Contact us today to learn more!

Happy Presidents' Day!

"If your actions inspire you to dream more, learn more and become more, you are a leader."

We will be closed Monday, February 21st in Observance of the holiday. Have a safe and happy President’s Day!

Myth: Down payment assistance is only compatible with FHA loans.

Fact: While FHA loans are commonly used with down payment assistance, it doesn’t mean other loan products are off the table. Today, you can find flexible down payment requirements with FHA and conventional financing. Many down payment assistance programs are compatible with FHA, VA, USDA and conventional loans. Contact us today for more details!

Happy National Random Act of Kindness Day from your Mountain West Family! A simple kind gesture can change the direction of someone's day. Be kind to all.

We LOVE making homeownership a reality at Mountain West Financial! Happy Valentine's Day.