Brett Mills MBA, CMB, AMP, BLM, CML

NMLS# 11431

Area Manager - Producing

Brett Mills MBA, CMB, AMP, BLM, CML
Area Manager - Producing

NMLS# 11431
State Lic: ID # MLO-11349; WY # 337; UT # 5499154; AZ # 0914694;
2307 N Hill Field Road
Suite 105
Layton, UT 84041
Direct: (801) 614-5099
Fax: (801) 614-5098
Mobile: (801) 628-6771
brett.mills@academymortgage.com

Purchasing or refinancing a home is one of the largest financial investments most people make during their life. Undoubtedly, the largest investment deserves the best mortgage advice from an industry leader. The questions you may have about what mortgage loan type will best meet your needs, what down payment options and grants are available, will buying a home allow me to still live a comfortable lifestyle, and any others are all important questions to Brett Mills and you can be sure his team will be able to answer them with confidence, respect and compassion. Working with Brett’s team is a completely different experience than being “sold” a mortgage. Our team focuses on your unique situation and making sure we provide you with tailored quality mortgage planning assistance and/or advice.

Brett Mills began his mortgage banking career in 1998. Since then, Brett has made significant contributions to the industry and received many notable distinctions and awards, all of which speak to why if you reach out to Brett Mills you will receive the best possible mortgage solutions. A few notable accomplishments include:

• Consistently ranked in the top 14 mortgage originators in the nation by the Scotsman Guide and Mortgage Originator Magazine. Mortgage professional America recognized Brett on the Hot 100 list of most influential individuals in the Mortgage Banking industry.

• Top 1% Mortgage Originators in America by Mortgage Executive Magazine.

• #1 Utah Housing Mortgage Originator and member of Utah Housings Mortgage Advisory Board.

• Brett Mills is the only Loan Officer in the nation who holds a Masters of Business Administration, Certified Mortgage Banker, Accredited Mortgage Professional, Certified Mortgage Lender, and is the recipient of the Mortgage Bankers Associations prestigious 2009 Willis Bryant Award.

• Recipient of Utah Business Magazines Forty Under 40 designation given to those who have achieved tremendous success by becoming a standout in their field and demonstrated exceptional leadership.

• Honorary Commander to the United States Air Force which has made him keenly aware to the unique challenges facing military families and allowed Brett to become the VA Mortgage expert.

• Brett has created a highly skilled and nationally recognized mortgage origination team to allow all of your mortgage decisions to be made in his office. Your file will be processed, underwritten, closed, and funded in his office which allows you to receive confident answers and fast closings.

• Brett and his team are specialists in FHA, VA, Conventional, USDA, State Housing programs and grants, and Construction Lending.

Brett Mills and his team realize you have options when selecting your mortgage company and loan officer and they thrive on serving you. Brett has worked diligently to become the sought after industry expert and invites you to contact his team today for a free, no obligation custom mortgage plan and quote. In short, Brett and Academy Mortgage Corporation offer you more products, extremely competitive rates and fees and the best advice you can get in the mortgage industry.

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ARTICLES

Read these articles to educate yourself on the mortgage process and industry.

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Dustin Ingraham

NMLS# 11431

State Lic: ID: MLO-11349; WY: 337; UT: 5499154; AZ: 0914694;

Corp Lic: ID: MBL-671; WY: 1386; UT: 5491140-MLCO; AZ: BK-0904081;

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10 Common Home Buyer Mistakes

https://smartasset.com/mortgage/10-common-home-buyer-mistakes ×

Don't believe these 3 credit score myths

Checking your credit score is generally a good idea before taking out any new credit, like a residential mortgage, auto loan or new credit card. But, according to a survey from MoneyTips, 14% of Americans have never pulled their credit reports, and nearly half haven't looked up their three-digit score in six months.

Not only are many consumers unaware of what their credit score is or how to find out, but many also hold false notions about what the score means. Here are three commonly held myths about credit scores and the truth behind them:

Myth No. 1: Checking your credit will lower it

This is a common misconception that many people hold. It's most likely derived from the fact that a hard pull on your credit report really can lower your score. Unfortunately, however, this myth has caused many people to neglect to check their score or pull their own report for fear of lowering it.

To understand this myth, it's important to know the difference between a hard inquiry and a soft inquiry on your credit. A hard inquiry is when you apply for credit and the lender pulls your credit report.

If you apply for multiple credit cards or loans in a short period of time, thus implementing multiple hard pulls, creditors may interpret that has an inability to secure any credit and is considered a red flag. Therefore, your credit score will drop a few points, CreditKarma reported. It most likely won't be enough to disqualify you for anything you would have been eligible for otherwise.

A soft inquiry, on the other hand, is any time your credit is pulled by yourself or someone who's not seeking to give you credit. For example, your employer or landlord may pull it at some point as part of a routine background check. This won't harm your credit.

You can - and should - check your credit report on your own on a regular basis. You're entitled to three free credit reports every year: one from each Experian, TransUnion and Equifax. Simply order one from annualcreditreport.com, a government-mandated website that provides consumers free access to their credit reports.

Myth No. 2: When you get married, you get a joint credit score

When you get married, you'll combine a lot of things: your kitchenware, your book collection and maybe even your finances. But you'll never get a joint credit score; every individual always has his or her own unique score. Despite this fact, a survey from MoneyTips found that nearly three-quarters of respondents believed that when two hearts become one, so do their credit scores.

However, when you and your spouse apply for credit together, the lender will analyze and make a decision based on both party's scores. As such, it's always a good idea to have the "money talk" with your beau before applying for a home loan or any other form of shared credit.

Myth No. 3: I can't get a mortgage because my credit is too low

Your credit report is one of the many documents your mortgage lender will need to review before finalizing your home loan. The better your score, the easier it may be to obtain a loan, and the lower the interest rate you might qualify for.

However, that's not to say that if you have a low credit score, you can't get a mortgage. According to a survey conducted by Fannie Mae, many Americans falsely believe that a score of at least 650 is required to get a home loan. In fact, Fannie Mae only requires people to have a score of 620. Some programs will even work with prospective homebuyers with no credit history at all.

If you think your score is too low to get a mortgage, don't let that stop you from homeownership. Reach out to your lender to find out if you qualify - there's no harm in asking.

To get more information about applying for a residential mortgage, contact Academy Mortgage. We can help you decipher your credit score and help you discover what loans you're eligible for.

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2015 CoreLogic Marketrac Report. Visit www.academymortgage.com to find a loan, get a rate, or calculate your payment today.

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How to find the perfect real estate agent

Making a home purchase is a big decision and a huge financial commitment. With the stakes so high, it's nice to have someone in your court to help you find a suitable home and advise you on making a good offer - this person, of course, is your real estate agent.

Finding a real estate agent that you like to work with and has your best interests in mind is the first step many people take in their house-hunting journey. But it takes more than just finding the first agent a Google search comes up with; it's important to know that the agent is experienced in finding the type of home you're looking for and is someone you can get along with.

Ask the right questions

Before looking at homes and reviewing residential mortgage options, interview a handful of agents to choose the right person to hire. Ask them:

If an agent is new to the industry or new to your area, he or she may not have the industry knowledge to find your ideal spot. This is one reason it's important to inquire about how the agent plans to find you homes to tour.

Some agents simply review the multiple listing service and quickly search for homes in your price range and preferred neighborhoods. Sometimes, this simple step is enough to find your ideal home; other times, a little more legwork is necessary. A dedicated and experienced agent will know how to seek out homes that aren't on the market yet or how to issue a direct mail campaign for their client, NerdWallet explained.

Look at their backgrounds

There are certain licenses and certifications that real estate agents either must or may want to pursue. Find out which qualifications your potential agents have.

First off, they should be licensed by the state you're looking for a house in. You can usually find this information online, Bankrate noted. Additionally, you may be able to find about any complaints filed against the agent through the regulatory body that licensed him or her. This information is good to know before moving forward with this person.

Next, find out what additional certifications the person pursued. An important one is a National Association of Realtors membership - this means the person knows, understands and adheres to a code of ethics with their clients. Other distinctions might include:

Agents may list these designations on their website or in acronyms on their business cards. Or, you can simply ask about additional training they've completed.

Make it official

Once you've determined who the best agent for you is, it's time to move forward with that person. Agents typically want their clients to be exclusive to them. Real estate agents make their money on the buying or selling of a home; if your agent helps you find a home but you wind up closing the deal with another agent, that person did a lot of work for no payout.

To protect themselves from getting swindled by inconsiderate or uninformed buyers, many agents require clients to sign a buyer's agent agreement. If you sign this form, legally you can't go with another agent unannounced. But, if you find that you and the agent aren't a good fit, you can terminate the contract and move on with someone else, Realtor.com reported.

If you haven't signed a contract but have met with the agent on several occasions, that person might assume (whether correctly or incorrectly) that you are exclusively working with him or her. This could simply be a rookie mistake on the agent's part, so you might want to step up and get clarification.

"Once you've found this special agent, you should sign a buyer's agent agreement to make it official," Rosanne Nitti, a california-based Realtor with RMN Investments & Realty Services. "This means you can both move forward with confidence - which is important when you're embarking on something as huge as buying a home."

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2015 CoreLogic Marketrac Report. Visit www.academymortgage.com to find a loan, get a rate, or calculate your payment today.

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