| Show F2 The Saff Lake Tribune Sunday March 151993 Advertising supplement produced by the Newspaper Agency Corporation pMortgage firms throwing in new wrinkle ZZ3y Steve Brown I 13" based on payment history job security and other factors Freddie Mac and other lenders are beginning to separate mortgage applicants into different grades and charge accordingly The rate the borrower expects is n pretty theyve shopped Dallas Morning News As consumers head to mortgage Offices to take advantage of some of Ithe best interest rates in a generation they may find a new wrinkle in the home financing process How good a deal they get on their new or refinanced home loans may depend heavily on how good their credit is d Its called pricing and it means that the borrowers with the best credit will get the lowest finance costs Buyers and refinances with a blemish or two on their credit reports may still get loans but maybe at a percentage point or two higher than die guy next door with spotless credit If you qualify for an A loan you ' will a very good rate get one rate and if you qualify for an A- - or B loan you will pay a little more said Leland Brendsel chairman of the Federal Home Loan Mortgage Corp or Freddie Mac one of the countrys largest sources of home finance money You find this same thing in other parts of consumer finance like auto lending and credit cards Using sophisticated computer programs that score borrowers credit ZZ Z well-know- Ifyou qualify for an A loan a very you will get one rate rate and ifyou qualify good for an A - or B loan you will pay a little more said Leland Brendsel chairman of the Federal Home Loan Mortgage Corp risk-base- SI I t i around said Brendsel The actual rate that will be charged will not be known until that borrowers application has been underwritten Traditionally conventional lenders such as Freddie Mac have underwritten home loans on a pass-fa- il system Along with providing home financing for a wider range of borrowers mortd gage industry lenders say programs will save many consumers money If you didnt qualify for a conventional mortgage the lender has not risk-base- been willing to make the loan and you have had to go down the street Brendsel said The rates charged these types of borrowers by finance companies has been excessive in many cases On the flip side some consumer advocates and other mortgage industry officials worry that d lending will price some marginal borrowers out of the home finance business True this is the cutting edge but that edge can be very sharp fpr some buyers said Nick Retsinas an officer with the Federal Housing Administration Mortgage industry executives say 1998 is already shaping up to be a near record year for home loans Its a great time for both consumers and lenders said Jim Johnson chief executive of Fannie Mae the nations largest source of home loan money If mortgage rates stay near their current levels lenders predict that home loan volumes this year could approach the record $1 trillion in mortgages made in 1993 Brendsel predicts about $950 billion in mortgages will be made this year And it could run up over that he said The loan applications have already picked up dramatically risk-base- aaa Designs i FLOOR PLAN The Maria floorplan is long on comfort and convenience Maria is a sprawling cook in the kitchen to prepare the ' d home designed for luxury and commeals The comer pantry is handy for fort The garage definitely had the supplies and keeping the shelves stocked busy farmer in mind with a large two-cgarage a shop with work Pampering begins at home and ' benches and a sink and a huge storMarias master suite has been : ranch-style- Market Continued from Page FI ar the left while the spacious living room with vaulted ceiling is to (he right A home office is also located at the front of the house perfect for the family member who works at home or for a fifth bedroom The kitchen which opens up to the two-stor-y great room features custom 1 cabinetry corian countertops with tile backsplash two General Electric ovens ! microwave and walk-i- n pantry ! A cozy breakfast nook which looks out over the backyard and offers stun-- ! ning views of the mountains completes ! the room I The adjoining great room features a stone fireplace with raised hearth and an " audio surround sound system One of the two staircases in the home (the other is located in the entryway) leads from the great room to the four upstairs bed-- r rooms In addition to the three childrens - "rooms is the master suite the type of I retreat every parent deserves The master ' J?ath offers tile surface tops jetted tub I separate shower walk-i- n closet and dual age area Above the garage is also an attic for further storage and safekeeping of important items Connected to the garage is a covered porch over the entry to this magnificent home The living room faces the front and is lined with windows There is a ceiling fan mounted overhead to help circulate air and keep the room comfortable In lieu of doors the living room and the computer room have archways The computer is centrally located in the home for easy access from any other room The family room is large and open giving an air of the gathering area of past However to bring the family closer in this home there is a large built-i- n entertainment center viewable from the family room die kitchen and the covered deck beyond The air is circulated by another large ceiling fan Adjacent to the family room the kitchen nook is vaulted and lighted by a large window An island cooktop comer ovens and sink are spaced for a true working ranch home where there is need to have more than one The kitchen opens up to the great room making it perfect for entertaining the great room is a wide thoroughfare The elementary is located right next to Palmer Estates providing plenty of room for the kids to This is a very popular area said sprawl out for an afternoon game of Monopoly The Neighborhood: Located in the 1 heart of Sandy Palmer Estates is actually part of a small community known as Granite Students in the neighborhood feed into Granite Elementary Albion Junior High and Brighton High schools Chinks f A Landmark MARIA The upstairs hallway which overlooks Maxfield Lately we have received more inquiries about this area than any other area in the valley Sandys close proximity to the mouth of Big and Little Cottonwood canyons made it the perfect place for miners to go for supplies during the mining boom in the late 1800s During that time Sandys Main Street was filled with hotels saloons and brothels designed to make life more wonderful There are two large walk-i- n closets with access to the back of the entertainment center hidden within The skylighted full bath has two sinks a shower and a raised tub A personal spa awaits outside on the covered deck ' Completely away from the master ' suite are the other two bedrooms another full bath and the utility room Each bedroom has a wall closet along with window seats for daydreaming The utility room has two entrances one from the garage area and one from the hall area Folding counters a freezer and the washer and dryer fit easily into the space allowed Because of the enormous length of this home two water heaters have been placed to provide ample hot water throughout the home For a study kit of the Maria (No send $1495 to Landmark Designs 33127 Saginaw Rd E Cottage Grove Ore 97424 Be sure to specify both plan name and number 4) HK 42r2u5SB3835B fOPEN HOUSES O HHs 4440-4:6OPOfc 240440 479 0 Dodd It (440 I) 430 i Cush In (11039 S) Fabulous Sandy rambler w4 2 Beautiful new rombtors ft extra la peaceful 3 beds 24 bths gorgeous maple bdrs3 bibs Wolktng distance to kitchen cabinets 6 floors mstr backyard - 39503 wtotted tub Possible assumption 3 wSeiler Financing $219500-$24- 4 BUYING OR 500 REFINANCING Home Improvement or Debt Consolidation 125 6875 30 OP'S YEAR DUE INS 30 YEAR FIXED 7103 1(5 6625 HOME EOUITY YEAR FIXED APR 1 6698 APR 4740 lost 340 SoM0t tedral neaghborhood c Irmi ft ktlcfton 44 40 one level 3 bdr 2 bib Jntog 0 lam loom 46316677 OWE $299900 Fred Moll 9603303 IM0BJSVA8LX SfTTMtef LUXURY HOMES 46 Acre heavily wooded tot creek runs through property large romblor 4 lars 3 bths new kitchen huge decks overlook dream 4610 3 Nonhoo Dr (2600 0 mtm covn cxcujsft gated 207 octet operas sqjl American IradMonaL tO 6 bdrs 0 bths mahogany watoul morbte 0 grantte Veoughout 4 oar gar $2490000 Tervy Cooonrtoe 973488 pasmjoub scthnci 74 Acres with scrub oak 1:003-0- 'rajbwg'Ave (3440 Of COVi 100-10- AT I FABULOUS 9AM0LM tocotod Si Volley very we bu9l 6 tpoctous 6 heirs 3 bths mothee apl wsep enhance Quiet secluded area great location OP VtraMo It (4400 (1 character mru- ouf wood marble bra 3 fpto U to dote ol U 6 downtown Mother op I down 5336000 474 N Charming i ' 486444 OttOfc 4:06440 2633 I Tuxedo Ctr (0060 8) Fabulous new home In Scotfsdcfe wpom $231900 i Mark 0 gem exdudve on dynamic 2 story built by Brad Beynoids Designer decorated 3 HOUADAV1 KkCtFUL toveto complete unique mdr suite On deodwnd dree 2666 sq0 lor 41 acre woutstanding unobstructed mm dews Side entry 3 car brick rambler vaulted ceiling In huge thing rm hardwood tra fln oar $499900 band me rm 4 bdrs 2 Ms 2 cor 4 Sonny Tampavo orage 13 ocre rot $225 000 KaShy Tongora Bare SPCCTACULAB beauty i lad CONSTRUCTION cun New So Mtn oreol 4 Sdrs 2 bths ig mdr Me throughout lg deck o C back to captose etty daw this one Yl to d Friced to seiti $157 900 MA98MI beouttful brick cottage Is breothiokingl light 6 bright throughout! New oak kitchen pnrgeam hardwood Art 3 bdrs torn rm 2 car gar central air ThM $149900 UNWUfVASSJ LOVSDf Tan carpel bright white pakitt Oak kwchen 6 bdss 3 bee cosy main dr tom rm worm fireplace 2 cor gar Mud lew M39900 lay tm mmm Darfene $204900 noi'iiiiar-ri- itinjifbw fcfA ftoi fcrtoiir ffik rtrtraktoitotvtthifcaMii m w w - w w w m w m Hew on market 3 bdr4 F9RF8CT M Mto finance homes" SERVING UTAH SINCE 1988 9 Call for appointment 1981 E 4800 S Suite 110 278-109- Rates subject to chause wltboat notice natricdkme apely r 30 Fabulous of Me Charming 2 bdr whuge iott vauttec1 ceWngs SpL lg kftchen 0 mek erte pooCctobhauseB tennis court $415000 Jkn Block $167400 Terry 40V593 WOW? Kaye LeCherntrrqnt SANDY! everything Oetxa lobioM 190 "We help people MfBKAY! 2 car 90UNT1FUI BAASUM to offer Unobstructed views of Great 5 bdr 3 bto home otters main everything New corpet 3 fpis floor lam rm 4- rec rm down huge mefr w2 ig wottr-t- rtosehi beauNM outdoor pool 6 tobutous Too much to s $359 900 tondscape $459900 w iuira located on quiet circlet Totally new 6 updated AH new kitchen Do cast ftBuemt) 9da 3 cor corpor HOf 6 15ULFH13 QaftBfeBiefi $173500 flMIACUUTf Beouttful FREE APPRAISAL Fabulous remodeled rambler 4 Bdm2 Whs 2 to nevmr dfehen 6 baths New a optionees hardwood Mrs Don't miss out) Wont lad long! $132900 Dan Toftey Terry REMODEL $456950 Bum MoKague Lynn Hottoday itoEogiewood ' owner home 44- bdrs4 bths vHANDICAFFBD OCmm& wwoikouf rower level 5 to yard wmafcee bees ttwrpl bdrs 3 5 bths 2 tom rma mdr bdr Sink shower Boors tompi Loved 206000 New rmkr t pcfntt Lovely hordwaod Mrs Ml Upgrades wgrond to tom irm 0 main down Oaw TeerBnfc 6 $379900 huge 979 I Udrd Ae (42M f) This 4 bar 2 bto home hot been remodeled to perfection! Youve got to see tie custom master arte tt'tchen wtlie Hoars 6 mare FREE PREQUALZF1 CATION PURCHASE AM new roof windows HOUADAYI doing deck Off Wonder lane e $244900 e 6 garage! You' fott to love with tod hornets doesn't gel any bettor PresWglous LoctMon Speck one at $430000 awns home e Ittck Rambler e 4 Beks e 2 Cm Oarage Swimming Pool 2476 I Melooy Dr 14306 S) mrrnmn St 4774 7029 Sou Rambler in quiet neighborhood dose to everything! High quality Financial Center olm Residential and Commercial Mortgages UNO FOMCIOWRH 5 9dr ok brick rambler w3 bths ram rm 6 double cor garage open contomp testing la covered poio prime Ipts main to mdr arts location Hurry - Friced tight 6 tom w3 rm Gourmet kitchen BLUFF! TH6 horOwood otMottrle petteetton OPCfe 24044O thru-oviews wtei tocredBJle come (Ns 6 Very pttvote bockyord 977 South 20 East bdr 4 bth home Gourmet wwatortoB $396000 brick remodeled rambler dotty MfUN ROO BV80VTWMQ! w '3 bdrs New paint carpet 0 Wtchen tabulcus master tuhe no 994623 AM Nvcfcrood Boors on very secluded aetott missed perfect condition Sparkling dean 6 apoctousl brick 5 bdrt 2 bto tan Main CANT BEAT 00LFT FOB FBSCfl Ortfy $369 000 id $442 900 flr tom rm 0 laundry 3 large lot IV Immaculate 4 bdr4 bth Stop Smttfi tomJly partringi Mud lownhouse In a quiet Sandy Great Sandy OCCOBATfDf location Spocfous rooms A red OCSQNn OFM 246449 And of only $149900 tocredtole rambler In Soulh Jordon $150000 4974 I Glen Arbor 9 (4749 0 Hod on overtire lot 10 ft Judy Wrdkrce dr home with family room of Spruces top of the line ceiling kMchen 4 Car oarage Greolho MURBAV1 dnSmentt 100 Bnkhed tower ESSEX COUST CONDO! ap cuLde-eac on a quiet (Christmas level wwatoo ui Better than new Open hoar pton - only 2 yrs okl Fabulous lownhouse style condo $459 900 Stnsef) $369900 yard wwhrte vtoyl fence 6 a wskyghl 2 bdrs 3 bths tom mt lg 3643226 4599331 walk out bm? to toe beck yard 3 office double ny Tcngaie shows Bdrt 3 bttw A legaf hok sokm IMs beouttfutty Only I 4 Kathy TanQdro home is a mud see wed ferdno OPS 240440 2344603 N REFIHAWCB DEBT CONSOLIDATION KOHfYMOO VALUW next to Extras ft totafltoru-ou-t Ridge on oak button dreamt Come Seel (449 000 bookcases Cotton countertops 09-30- 9 Kathy Lynch mdn 8r tom tra ftmf dining mdr 3 wsflhng area Ipts 4 bdK Horary 4 fuH bths 35 acre lot 8 Sparrow (62(0 W) wpotlo deck 6 mtn views incredible West Jordan mutt! 5 $410000 bdrs3 bths so many exteas e Me Terry CostoneJos 973480 new carpet e 100 Unshed e a doited r crossed on Mr 49 900 affordable priced at H59900 488393 a Terry 274-27- TH0 DCMRttl 4:064-0- 3 bth rambler $249 MO otters main Broadmoor 240 I) ttobefwvobto S8TTS6 THAN NfUfl mth suite gourmet kitchen Hewer rambler vaulted eeMngt Cosy Immaculate remodeled Hoot home Berber carpel fabulous 2 doircoses 5 bites 5 bths 4 pts bay windows open floor plan thru-oA Must Seel many custom features quto neighborhood 3 bdra2 Whs perfection $669000 54900 unobstructed mtn views 4n 4 pratosetonorty landscaped tdrs 3 bths 10153 S Cotta Uly (1500 S) 2209 cabinets new point corpet hardwood Urs 4 Sdr real candthort Many upgraded dynomtte neighborhood 23 900 Joe Jensen Scott Pexton Smith U0HNO4 rehnlshed kftchen Super locotton 9903379 COO mis unique custom 8 t) Astounding dory A6 brick centime heni 4 oar Hoilodoy wlegai aptl Perfect Fabulous 34 acre yard wmtf gar hardwood ft Wefts complete tomtty home ws bdrs 3 bths tts view Updated great Sandy gourmet kitchen 4 more Choose red apt to help pay me mortgage! neighborhood Mood ol 69900 your coked $728000 44 30 Ooritng Lb anttge Diana Cushing Dan Today HOMES FOR TALE SAKDT o I Hidden Volley Goff Course 0 mountains Prime Sandy Bluff Detw locotton Classy mdr suite wfkepkice Reduced to hrivato 1:003:00 & HOME fMMYEilH? HKKVJ-0- 783 1 Vtoege Wy (8670 I) rtoes to trNwTt i 0 transportation routes 3 bdr 3 bfhs 2 dory Mn home Mty landscaped 4 lanced Only 2 yra OM $46600 Don Tofiey Ask about our no incomeasset loans! U HOMES FOR SALE 3 Haofe HUm OF HCUAOAY! Fonoramlc mtn vkm from top level Spocious 1 bdr Aix la Chappeiie Condo New gale corpet 6 decor to neutral $67 900 Owner Apstd DamsCeek Home Loans n YEAR j Refinances Construction u fi f- - |
