Mike Lubbers

Mortgage Loan Advisor

NMLS# 305004

Mike Lubbers Mortgage Loan Advisor
What is a Reverse Mortgage?

What is a Reverse Mortgage?

In the past decade, reverse mortgages have gained a lot of traction as a retirement tool. And yet, many people still do not understand reverse mortgages or their purpose. If you are one of those people, here’s what you need to know:  What Is It

Oct 24, 2018 | Reverse Mortgage

How to Save for Your House Down Payment

How to Save for Your House Down Payment

Buying a home is a big step in life and a significant commitment. Most of us will need to secure financing, working with a Utah mortgage broker, to purchase a new home. For this step, a majority of programs require a down payment. A down pa

Oct 23, 2018 | Home Buying or Selling First-time Homebuyers

Land of Confusion

"Now did you read the news today. They say that danger's gone away." Land of Confusion by Genesis. Our Federal Reserve has a dual mandate - to maintain price stability (inflation) and maximum employment. They also have a 3rd "unstated&

Oct 19, 2018 | Mortgage News

Communication: Proactive Methods to Improve Business

Communication: Proactive Methods to Improve Business

I once heard the expression, "Communication is the lubrication in your organization." That couldn't be truer, especially in the world of business. You simply can't over-communicate when dealing with clients. I find that the best way to e

Oct 17, 2018 |

Closer Look at Third-Party Fees

Closer Look at Third-Party Fees

Most people don’t need to be told that buying a home is a big deal. Between a down payment, closing costs and being saddled with a sizable loan that’s going to take a while to pay off, there’s going to be a lot of cash flowing from the b

Oct 17, 2018 | Mortgage Basics

How to Get a Low Interest Rate on a HELOC

How to Get a Low Interest Rate on a HELOC

The amount of available home equity has recently hit all-time highs, meaning now is a great time to tap into your home’s value with a home equity line of credit (HELOC). These are revolving accounts that allow you to draw out money for anything from

Oct 17, 2018 | Interest Rates