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Intermountain Mortgage Company

Intermountain Mortgage Company

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Trying to find the right home loan can be difficult. Finding the right company to help you get your loan can be even more confusing. With literally thousands of lenders to choose from, borrowers can easily become overwhelmed.

Fortunately, at Intermountain Mortgage Company, Inc., our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Take advantage of our expertise in the residential lending industry by applying online today. You will find that the skill, professionalism, and consideration we give to each of our clients make getting your loan a successful endeavor. Founded in 1992, we have been servicing our clientele for many years and take pride in the number of repeat clients that we have.

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  • Automated Construction - Robot Frames Small Home in Two Days
    by Jann Swanson on May 21, 2018 at 2:36 pm

    Posted To: MND NewsWireLast week the National Association of Home Builders (NAHB) reported that severe shortages of construction tradespeople were slowing homebuilding and increasing costs. The shortages, as reported by NAHB's new home builder members, affected all trades from rough carpenters to plumbers and masons. Now, from Australia, comes news that brick masons at least may not have as much job security as that NAHB report would suggest. The Hadrian X, developed by Perth-based Fastbrick Robotics, can lay more than 1,000 bricks an hour and, in tests, has framed a small home in two days. Hadrian, essentially a long robotic arm that can be mounted on a track, crane, or barge, uses a 3-D model of the house, cuts its own bricks, applies adhesive, then conveys them to the arm which puts them in place. The plumbing...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]

  • MBS Week Ahead: Holiday-Shortened Week. Time For Consolidation?
    by Matthew Graham on May 21, 2018 at 1:54 pm

    Posted To: MBS CommentaryMuch like last week , this week's event calendar is limited in terms of top tier data and events, but nonetheless carries the potential for technical momentum. The underlying reasons are a bit different , however. Last week, the risk was that rates had been super flat and narrow for 2+ weeks. The longer and narrower those sideways streaks become, the more likely a breakout becomes (obviously), and those breakouts tend to have more momentum than normal. This week's set-up is somewhat similar to the highs in rates seen at the end of April. In both cases, we'd just spiked to the highest rates seen in a long time and then saw one really solid day of improvement. In the late-April case, it was that day of improvement that preceded the sideways drift. In this week's case, today would...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]

  • Digital, Capital Markets Products; Regions Exits Correspondent
    by Rob Chrisman on May 21, 2018 at 1:12 pm

    Posted To: Pipeline PressHello from the MBA Secondary Conference in NY! Lenders are talking about LO comp (“they need to share the margin pain, but no one wants to be the first to outright cut it”) and Amazon…but anyone afraid of Amazon creating a mortgage company should learn a little something about it. For example, Amazon is relentless regarding the customer experience, even if it cuts into short-term results. Every employee, including CEO Jeff Bezos, spends at least two days a year working in the call center or sales department. This ensures a companywide understanding of customer satisfaction and it might be an interesting idea for bankers to consider. How much time does a lender’s CEO spend on the phone with borrowers, processing, or servicing loans? Lender Products Join this week’s...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]

  • MBS RECAP: Nothing to be Mad About, But...
    by Matthew Graham on May 18, 2018 at 8:43 pm

    Posted To: MBS CommentaryBonds rallied today for the first time all week, and fairly well at that! 10yr yields fell more than 5bps and Fannie 3.5 MBS rose nearly 3/8ths of a point. Not much to be mad about there, right? Indeed, there's nothing to be mad about , but there are all sorts of reasons to remain cautious. The rally was driven by a combination of European political drama and short-covering in US bond markets. Here's an external link that does a better job than I can of explaining the Eurodrama quickly. And here's a homegrown link the goes into greater detail on short-covering. The day's best gains were seen during the 2nd half of the European session (which effectively ends at noon ET), but short-covering kept the positive trend intact through the domestic close. To reiterate what I said earlier...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]

  • Temporary Factors Help Mortgage Rates... Temporarily
    by Matthew Graham on May 18, 2018 at 7:31 pm

    Posted To: Mortgage Rate WatchMortgage rates caught some small semblance of a break today. If it's not apparent based on that assessment in conjunction with the headline, the improvements certainly left something to be desired, even though that's to be expected, given the circumstances. Here's what I mean by that: Rates are based on the bond market. Trading levels in the bond market are back in line with (or slightly better than) Tuesday's levels. But mortgage rates are still higher than those seen on Tuesday. It's really that simple. Why is it to be expected? Mortgage rates aren't created automatically based on the bond market. The bond market is merely the primary input. Lenders use bond prices/levels as a baseline for determining rates. If the market has been more volatile, lenders are quicker to raise rates and slower...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]