I N S I D E T H I S I S S U E :

M O R T G A G E

R E F I N A N C E 1

R E L A Y F O R L I F E

A W A R D A W A R D E D

T O M W F

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T H E A R T O F

N E G O T I A T I O N F O R

H O M E B U Y E R S

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M W F H O N O R E D

W I T H T O P

M O R T G A G E

L E N D E R A W A R D

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R E C I P E O F T H E

Q U A R T E R :

H Y D R A T I O N T I P S

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B A C K T O S C H O O L

C H E C K L I S T 4

S U M M E R H O M E

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M O U N T A I N W E S T F I N A N C I A L W I N S A W A R D

F R O M R E L A Y F O R L I F E

Family Outdoor

Summer Activities

1. Backyard BBQ

2. Go Hiking

3. Plant a Tree

4. Water Balloon

Fight

5. Family Bike Ride

6. Outdoor Movie

Night

7. Bonfire w/Smores

8. Go to the Fair

9. Waterpark

10. Go Fishing

T H E R E ’ S S T I L L T I M E F O R A M O R T G A G E R E F I N A N C E

Mountain West Financial is honored to accept the 1st place Spirit award from

American Cancer Society's Relay for Life event that we sponsored in May.

We proudly donated nearly $7,200 to help fund life-saving cancer research,

patient support services, prevention and education information, and detection

and treatment programs. We want to thank our staff, family, friends, and valued business partners for months of fund-raising for donations. We look

forward to next year as our 15th year of being part of such a special event.

Rates are still low but are forecast to rise soon. If you haven’t refinanced lately, there’s still time to

refinance your mortgage before it’s too late!

Cash-Out Refi

Take advantage of your home’s

equity

600 Minimum FICO score

85% Maximum LTV (Loan-to-

Value Ratio)

SFR, PUD, Condo, 2 - 4 Units

OK

High Balance and

Manufactured Housing

Options Available

Rate/Term Refi

Reduce your rate or term

(i.e. 30- 15 year)

600 Minimum FICO score

97.75% max LTV (Loan-to-

Value Ratio)

SFR, PUD, Condo, 2 - 4 Units

OK

High Balance and

Manufactured Housing

Options Available

VA IRRRL

Streamlined Refi for military

service members & veterans

No appraisal

640 Min FICO

No income documentation

required (except when

principal and interest (P&I)

will increase 20% or more)

No assets (unless funds are

required to close)

High Balance and

Manufactured Housing

Options Available

HomeStyle Refinance

Pay off high interest energy

improvement debt

Pay off PACE and HERO loans

Pay off other secured or

unsecured debt that financed

energy-related improvements.

If you’re a state employed police officer, firefighter, teacher,

courthouse or healthcare worker now is a great time to consider

a refinance. CalPATH & PATH are reduced fee loan programs

made specifically for those who, like you, serve our community.

With rates still lower than they’ve been in years, and the recent

reduction in FHA mortgage insurance premiums (MIP) there is

no better way for a state employed homeowner to take

advantage than with a CalPATH & PATH refinance!

T H E A R T O F N E G O T I A T I O N F O R H O M E B U Y E R S

Negotiating the purchase of your new

property requires skill and a lot of

patience. By considering what you want

out of the deal, items that you are firm on

and items that you are flexible on, as well

as points that you can use as leverage,

will offer you the best chance of getting

what’s most important to you.

Whether you are well versed in

negotiations or not, it’s best to enlist the

help of a trusted realtor and mortgage

professional. Together, we

can create a checklist of

what matters to you the

most so that we can

aggressively, but fairly,

negotiate the purchase of

your new property.

While it's understandable

that you would want things

to go in your favor,

remember that the lender

will be looking at the fair market value of

your chosen property. Prepare for the

negotiation by asking for a comparative

market analysis that shows the trends in

that area. This will give you an idea of

whether the seller’s asking price is

reasonable.

You can also ask for information about the

length of time that the property has been

on the market and if there had been any

price changes during that time. All of this

S U M M E R S U N

S A F E T Y

Page 2 M O U N T A I N W E S T F I N A N C I A L - M O R T G A G E T I M E S

With the weather being so nice out in the summer time, make sure you and your family have fun but also stay safe in the sun.

Follow these helpful tips:

1. Use sunscreen of SPF 15 or higher every day.

2. Apply sunscreen 30 minutes before going outside.

3. Avoid sunlamps and tanning beds.

4. Stay in the shade during the peak hours of 10 a.m. through 4 p.m.

5. On days you are outside, apply at least SPF 30 and reapply every two hours.

6. Wear UVB blocking sunglasses, covering clothes and hats.

7. See your doctor every year for a skin exam.

8. Examine your skin once a month.

9. Keep newborns (less than 6 months) out of the sun.

*Courtesy of NYtimes.com

Benefits:

Reduced Processing and Underwriting Fees

FHA or Conventional Loan Options

Available for High Balance Loans

Available for FHA Streamline Refinance

15,20,25, or 30 Year Terms Available

No Additional Qualifying—Follows MWF’s FHA &

Conventional Standard Guidelines

One Free Float Down—During the First 30 Days

After the Rate is Locked (or before the closing

disclosure is issued, whichever is sooner), if Rates Become Lower you can “Float Down”

C A L P A T H & P A T H R E F I N A N C E : G I V I N G B A C K T O T H O S E

W H O G I V E S O M U C H

is valuable information for negotiating the price

of the property.

The comparative analysis, listing history, and

price fluctuations are important details to

know, however, the details are only as strong

as your agent and mortgage professional's

ability to represent you effectively.

Revealing details could include whether the

seller has a deadline. If the seller has already

purchased a new home or has to

relocate quickly because of a

commitment to a new employer,

then you will have more room to

work out a deal. You'll also want to

find out what the current mortgage

balance is as well as their bottom

line.

There will be a point when the

seller is firm and no longer willing

to negotiate, but even then, you

can get something in return too! While built-in

amenities such as the dishwasher and garbage

disposal typically stay with the home, you can

negotiate other items that would normally be

associated with a home purchase.

In conclusion, be clear about what you want

and be flexible with your methods. But above

all, know that you have the backing of an

experienced mortgage professional assisting

you along the way.

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4 C U R B A P P E A L P R O J E C T S T O M A X O U T Y O U R H O M E ’ S

V A L U E

With Summer in full swing, everyone is looking for ways to stay cool in the heat. Try a few or

all ways to beat the heat and help with your bills.

RECIPE OF THE

QUARTER: HYDRATION

IDEAS

It is easy to become dehydrated; espe-cially in summer. Many people find water

boring, or they just forget to drink it. Here are some simple recipes to satisfy that

sweet tooth with sweet and healthy hy-dration.

Strawberry and Cucumber Flavored Water

Place 8 ounces stemmed and thinly sliced strawberries and 1/2 thinly sliced

English cucumber in a pitcher. Add 2 quarts of water. Refrigerate 2 to 4 hours

to allow the ingredients to infuse. Stir well and strain, discarding the solids. Add

fresh strawberries and cucumber slices for garnish and plenty of ice. Keep refrig-

erated for up to 2 days.

All Citrus Flavored Water Slice 1 orange, 1 lime, 1 lemon into

rounds, then cut the rounds in half. Add to jar, press and twist with a muddler or

the handle of a wooden spoon. Press enough to release some of the juices, but

don't pulverize the fruit into pieces. Fill the jar with ice. Pour in water to the top.

Stir it with the handle of a wooden spoon or a chopstick. Put a lid on it, put it in the

fridge, and chill.

Apple – Cinnamon Water

Place 2 thinly sliced apples and 4 cinna-mon sticks in a pitcher. Add 2 quarts of

water. Refrigerate 2 to 4 hours to allow the ingredients to infuse. Stir well and

strain, discarding the solids. Add fresh apples and cinnamon sticks for garnish

and plenty of ice. Refrigerated for up to 2 days. Bonus, this recipe can also help

with blood sugar.

Pineapple, Kiwi and Passion Fruit Fla-vored Water

Combine 1 cup chipped pineapple, 1 kiwi peeled and sliced, 2 passion fruit, seeds

and pulp removed, 1.5 liters of water in a bottle or jug and let sit for 30 minutes to

infuse.

Orange and Vanilla Flavored Water Combine 2 liters of filtered water, 1 sliced

orange and 12 teaspoon vanilla extract, or a scraped vanilla bean in a jug/bottle

and let chill in the fridge for an hour to infuse.

*All recipes are courtesy of : The Food

Network, Simple-Delicious-Food.com, Detoxinista.com, and the Yummylife.com

If you have been focusing on home décor projects and boosting the interior of your home,

your front yard may be needing a bit of attention. Here are 4 curb appeal projects that can

help max out your home’s value.

1. Add or Replace a Few Design Basics—Walkways,

stone planters, flowering shrubs & quality mulch.

2. Add Color and Texture in the Right Places—Trees,

shrubs, perennials, natural accents & boulder accents.

3. Build a Deck or Patio if You Don’t Have One

4. Heap Loads of Love on Your Lawn– Fertilize, Aerate,

Weed & Rake. *Courtesy of Houselogic.com

1. Clean or change AC filters once a month –

The better it can breathe, the more

efficiently it can keep your home cool. If you

use a room air conditioner, avoid placing

any appliance nearby that would generate

heat, such as lamps, a computer or a

television. The extra heat may interfere with

the air conditioner’s thermostat.

2. Switch out your light bulbs – Install LED

lights because they produce light without

generating extra heat, unlike more

traditional incandescent bulbs. You’ll use

up to 90% less energy and save up to $80

over the bulb’s lifetime.

3. Use the wind-chill factor – Try using a

portable fan to blow cooler air toward your

face or feet. Also, don’t forget to turn your

ceiling fan off when you leave the room.

4. Save it for later – Wait to do heat producing

tasks like baking, using the dishwasher and

doing the laundry until late afternoons and

evenings when it is cooler.

5. Use windows and blinds to your advantage

– Open your windows to let in the cooler air

at night. Close your blinds or curtains during

the day to keep sunlight from heating up

the air inside your house. Try insulated or

blackout curtains as they do a terrific job

keeping the sun at bay.

6. Get low – When it’s really hot out, try

hanging out in the basement or lowest

floor in your home. You’ll stay cool as

your home’s cold air naturally sinks to

your level.

7. Program your thermostat – Program

your thermostat to a higher

temperature when the house is empty.

You can save about 1-3 percent per

degree, according to the U.S.

Department of Energy.

8. Keep air vents clear – Take a few

minutes to rearrange your furniture so

that all vents are exposed for

maximum efficiency, or install vent

deflectors. They’re inexpensive and

will redirect the air flow around

obstructions.

9. Switch up how you cook – Avoid using

the oven because it can turn your

house into an oven. Instead, step

outside and use your grill. Or, use the

microwave or a slow cooker.

10. Seal it up — Make sure cracks and

gaps around doors and windows are

sealed. Just as you don’t want to let

cold air into your home in winter, you

also don’t want to let warm air in

during the summer..

*Courtesy of ProjectEnvolve.com

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S U M M E R S E A S O N A L H O M E M A I N T E N A N C E

It is important to work on your home maintenance according to the season. This checklist will

help you keep track of important home maintenance tasks, especially during your first year in a

new home. This is simply a recommendation, so make it work for you!

Summer

Install ceiling fans to cut cooling costs, or reverse the

direction of existing fans. Run your fans counterclockwise in

the warm months, and clockwise in the cool months.

Inspect the roof for missing, loose, or damaged shingles. You

don’t always have to climb up there to do this. In some cases,

you can do this from the ground with binoculars.

Clean the roof and gutters of leaves and moss.

Fix large cracks in concrete or asphalt driveways. Do this

during warm weather, when you can expect a few dry days for

proper curing time.

Inspect air conditioners, and replace the filter if necessary.

Have the fireplace inspected and the chimney swept. You’ll

likely pay less for these services by doing it in the offseason.

Clean and repair or replace window and patio door screens.

Most importantly, enjoy your new home! Taking care of these few

maintenance jobs will help you love your home for many years to

come. *Courtesy of Zillow.com