Home Financing
Why do we require Pre-Qual with the preferred lender?
To purchase from Hyve Homes, Buyers must pre-qualify with the Preferred Lender. Approval takes 15 minutes once all information is provided. Benefits of using the preferred lender include expertise in new construction, responsiveness, incentives like a lower construction deposit and early access, and smoother communication for a faster process. You are not required to use Cut Rate Home Loans.
Who is Hyve Home’s preferred lender?
Hyve Homes proudly partners with CutRate Home Loans as their preferred lender. Experienced Loan Officer, Jamon Taylor offers expert mortgage solutions for Hyve Homes’ clients. Contact him at (801)372-8219 or jamon@cutratehomeloans.com for personalized assistance.
Jamon received his first mortgage loan officer license in 1999. He has thoroughly enjoyed working with individuals and families, as they complete their dreams of homeownership and loves the relationships created in doing so. Jamon is passionate about communication! With decades in the industry, Jamon will go out of his way to make sure that no question is left unanswered for any and all of his clients!
NMLS # 313374
Cut Rate NMLS #2475259
What deposits are required?
Earnest Money
$3,000 Earnest Money
*Due 24 hours after acceptance
Additional Earnest Money
$4,000 with preferred lender
$14,000 with outside lender
*Due within 3 days
Customization Deposit
10% of total upgrades for interior and 50% for exterior
*Due within 3 days of design meeting
Remaining Balance
Total amount owed at closing
All prior deposits will be applied to the remaining balance