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Show Iff .('nV ' Carol Honeywell First Western Mortgage opens new office in P.C. by Randy Hanskat First Western Mortgage Corporation, which has been operating in Park City for about five years, formalized their local operation with the opening of an office. Carol Honeywell is the branch manager of the new Park City office. First Western has been in volved with Park City finance, fi-nance, but has been informally infor-mally run from the home of its Park City manager. Cindy Johnson was First Western's last work-at-home manager. In the early part of July, First Western took office space on the second floor of the "Red Barn" at 1515 Park Avenue and Carol Honeywell was made branch manager. The move was made in an attempt at-tempt to gain greater business visibility. , First Western, according to Honeywell, is the largest and oldest lender for vacation-type homes in the Rocky Mountain ski areas. The corporation, founded in 1971, has other offices in Sun Valley, Vail and Aspen, where it is based. , .The ski area locations of First Western's four offices is understandable because the corporation targets that portion of the mortgage banking industry. "First Western Mortgage is the only lender available to ski areas that specializes in ski units," said Honeywell. She added however, that she also handles k residential financing. finan-cing. Honeywell, who has a background in real estate and finance, is responsible for all loans which originate in the State of Utah. For the time being she single-handedly single-handedly runs the Park City office. First Western Mortgage is a wholly-owned subsidiary of Fort Worth Mortgage Corporation, Cor-poration, one of the largest mortgage companies in the country. Honeywell claims that this large financial base allows First Western to "offer "of-fer very competitive financing." finan-cing." To celebrate the opening of the Park City office, Honeywell is having an open house on Augus 12, from 4 to 7 p.m. |
