Contest Winners!

Congratulations to all of our finalists in the "Beautiful Homes, Beautiful Neighborhoods" landscaping competition. We loved all of the homes and had a very hard time choosing a winner. In fact, we decided to announce two winners for this year's competition.

We chose Home #2 as the landscaping winner because of it's beautiful flower gardens. The homeowners have only been in their home a few months and their hard work this summer transformed this home into a stand-out in it's neighborhood. We are proud to have this home as one of the first completed homes in Herriman Towne Center.





Home #4 garnered the most votes, so we decided to announce a second award for "Most Enthusiastic Fans." This beautiful home is located in our Stonebridge community and is definitely one of our favorites for it's architecture and clean look.

Congratulations again to all of our finalists and to our winners. We love having homeowners like you who show pride in your home and make your neighborhoods beautiful! Thank you from everyone at McArthur Homes!

Beautiful Homes, Beautiful Neighborhood Finalists

McArthur Homes is proud to announce the finalists of our "Beautiful Homes, Beautiful Neighborhoods" contest. The finalists include homes from five different McArthur Homes neighborhoods, with 6 different floorplans in a variety of architectural styles. These homeowners have put a lot of work into their yards and homes, and it shows! Which one is your favorite?

Home #1

Home #2

Home #3

Home #4

Home #5

Home #6

Salt Lake Valley Parade of Homes 2011

If you've heard anything about the Salt Lake Parade of Homes this year, you've probably heard about the "Up" house at Herriman Towne Center. It's a life-size replica of the home in Disney's movie "Up," complete with a Carl and Ellie mailbox!

To celebrate all of the fun that the "Up" house has brought to Herriman, McArthur Homes is offering FREE Ice Cream to those who visit McArthur Homes at Herriman Towne Center during the Parade of Homes. Come visit us 11:00am-9:00pm Monday-Saturday to see our beautiful model home and find out about all the amazing things that will be coming to Herriman Towne Center over the next few years.

And while you're here, be sure to visit the "Up" house and check out the Parade of Homes.
Salt Lake Parade of Homes
July 29th-August 14th
11:00am-9:00pm
http://www.saltlakeparade.com/

Beautiful Homes, Beautiful Neighborhood! McArthur Homes Landscaping Competition

We've noticed some BEAUTIFUL landscaping in our McArthur Homes neighborhoods and we'd like to reward our homeowners for all your hard work! Enter our Beautiful Homes, Beautiful Neighborhood Competition today to show off your home and for a chance to win up to $550 in Home Depot Gift Cards. Check out the details below:

TO ENTER: Email us a photo or photos of the exterior of your home. Please include at least one shot showing the entire front of the home. Email photos to kristi@mcarthurhomes.com. Please include your contact information and address with your entry. All entries must be received by June 30, 2011.

FINALISTS: McArthur Homes will choose six or more finalists. Each finalist will receive a $50 Gift Card to Home Depot. McArthur Homes will professionally photograph each finalist's home exterior. These photos will be posted on Facebook for you to share with your friends and family. Facebook comments will be taken into consideration when choosing our Grand Prize Winner, but will not be the sole deciding factor.

WINNERS: One Grand Prize Winner will be chosen by McArthur Homes based on overall look of the landscaping and home, with some consideration given to comments received on Facebook and/or our blog. Grand Prize Winner will be announced July 15, 2011.

PRIZES: Grand Prize Winner will receive a $500 Gift Card to Home Depot.
All finalists will receive a $50 Gift Card to Home Depot.

Competition open to all current McArthur Homes homeowners.
McArthur Homes retains the rights to use all submitted video, images and written material for promotional purposes.
This promotion is in no way sponsored, endorsed or administered by, or associated with, Facebook.

WINNER Best Exterior

McArthur Homes is pleased to announce that our new Cordova home was awarded Best Exterior by the 2011 Utah Valley Parade of Homes. This gorgeous new home is available in three exterior styles, Craftsman, French Rustic and New American. For more information, see this new home design on our website. 

Final Photos- Utah Valley Parade of Homes 2011

 The 2011 Utah Valley Parade of Homes is underway and we couldn't be more excited to show off our new Cordova home! Yesterday I spent opening day at the Parade home and the response was unbelievable. People LOVE the decor, the layout and all of the thoughtful details that went into this home. A big thanks to all of our trade partners who participated in building this home!

So here are some things that people couldn't stop commenting on yesterday... we'd love to hear what you think too!

The small "drop zone" cabinetry between the mudroom and the kitchen was very popular. The space is perfect for a laptop, cell phone charger and bill pay area. It's the simple details like this that can make your new home fit perfectly with your lifestyle. There's also a nearby powder room featuring a great spring green that people have really responded to.

The family room makes a huge impression with it's large size and open feeling. People have said that they could really see themselves entertaining or just relaxing with family in this comfortable space. (I personally L-O-V-E those blue and white upholstered chairs and the playful drapery fabric!)

The kitchen has also been very popular and people are surprised to hear that the cabinetry and flooring are both affordable options from our McArthur Homes Design Studio. The cabinetry is Beech with an Espresso stain (an included finish for McArthur Homes homeowners) and the flooring is a beautiful engineered Birch in a Driftwood finish. The countertops are also a huge hit in a White Ivory granite.

The area that has received the MOST comments in the home is this clever reading nook tucked into the stairwell. Designed by our very own, Roger Bess, this window seat and open shelving turns a previously "wasted space" into a highlight of the home.

 At the top of the stairs is another clever nook designed as a homework area for the kids. I love the idea of giving the kids an area to do their homework while still being open to the rest of the home.

The master suite is especially impressive with its large size, vaulted ceilings and adjacent nook (see next pic). People have loved the open feeling and details such as the fresh fabric choice for the drapes and accents.

As part of the master suite, this is the PERFECT place to get some peace and quiet, a little sanctuary all your own. To me, those chairs seem to be begging for someone to curl up on them and enjoy a good book!

The master bath also turned out beautifully! It has a clean, refreshing look with white tile and that same spring green in the accents and drapery. The white octagon tile from DAL tile has a lot of people talking. They either LOVE it or they don't, but I'm definitely a fan.

The front living room (which can also be converted to an office) has a slightly more formal look than the rest of the home. It stays fresh and playful with white paneling and fun details like the furry white pillow on the sofa. The paneling look shown here and in the mudroom has been a huge hit. For directions, see our "how to" post here.

To see the rest of the home, visit us at the Parade of Homes through June 18th. You can buy tickets online here, or purchase them at the Cordova home in Thanksgiving Meadows, Lehi. 

Here's one last photo that I think sums up the style of the home. The chair is tailored and elegant, the pillow adds a pop of color while the numbered boxes and gumball machine add a touch of whimsy. I think Emily from HGTV would call this Tailored Whimsical Elegance... or something like that. :)

Here are some links if you'd like more information on this home design or the home builder, McArthur Homes. Enjoy!

2011 Home Sales Up 360% at McArthur Homes

At McArthur Homes, sales in the first four months of 2011 have increased 360% over the previous four months! And that's not all...

• In February we completely sold out of homes at our Thanksgiving Village neighborhood!
• From March to April, Herriman Towne Center had a record breaking 14 new sales, making it our fastest selling new neighborhood!
• In April, McArthur Homes had a total of 15 new home sales, our best selling month in over a year!
•  Our newest neighborhood, Point Lookout was just announced and already has had 4 new home sales without having a model home on site!

So why the sudden increase? We attribute our success to increased buyer confidence and beautiful neighborhoods including, Point Lookout in Eagle Mountain and Herriman Towne Center.

INCREASED BUYER CONFIDENCE
Now really is a fantastic time to buy a new home in Utah, and we're not the only ones who think that. Buyer confidence has increased as the economy and housing market have stabilized. Plus, increasing interest rates on the horizon mean that your buying power will probably never be greater than it is right now. Many new homeowners are taking this opportunity to build a beautiful new home, and they're choosing McArthur Homes as their new home builder in Utah.



NEW NEIGHBORHOODS
Many of these new homeowners have fallen in love with our newest neighborhoods. Point Lookout, in The Ranches of Eagle Mountain, features large, deep homesites that are perfect for entertaining or play space for the kids. Plus, affordable home prices mean that you could own your brand new home at Point Lookout for as little as $164,000. Click here for mortgage calculators to estimate your monthly payment.

Herriman Towne Center is another brand new community that features unbelievable amenities such as the largest recreation center in the State, JL Sorensen Recreation Center, the brand new Herriman City Library, new schools, the future Herriman City Hall plus planned local shopping and dining options. Homes in this beautiful neighborhood start in the low $200s. Click here for mortgage calculators to estimate your monthly payment.

McArthur Homes Receives 2011 GuildQuality Award for Outstanding Customer Satisfaction

For the third consecutive year, McArthur Homes has been recognized as a Guildmaster by GuildQuality, Inc., the leading firm offering customer satisfaction surveying and measurement to the home building industry. Only 154 home builders, remodelers, developers and contractors throughout North America received this award which recognizes businesses for their exceptional customer satisfaction.

See what our homeowners are saying about McArthur Homes!

The GuildQuality Guildmaster Awards celebrate service excellence among home builders, remodelers, developers, property managers, home services contractors, and real estate professionals. Once a year, GuildQuality bestows upon a handful of its members an award for exemplary quality and customer service. Award winners differ in their types of work and price ranges, but all have a lengthy track record of exceptional customer feedback. In granting awards, GuildQuality considers two primary metrics for each candidate: the percentage of customers who would recommend and the percentage of customers who responded.

Upon being notified of the award, Dave McArthur remarked, "We would like to thank all of our homeowners for participating in the GuildQuality surveys. We couldn't have achieved this great recognition without your help. We are so proud to hear our homeowners say time and time again that they would recommend us to their friends and family. We couldn't ask for a better award or recognition than that!" 

McArthur Homes is a local, family-owned home builder in Utah with neighborhoods in Eagle Mountain, Lehi and Herriman. For more information, visit our website www.mcarthurhomes.com or email kristi@mcarthurhomes.com.

Photo Update- Parade of Homes 2011

Our Utah Valley Parade of Homes entry is coming along beautifully! I hope you will all be joining us in June to see the completed home. In the meantime, here are some more fun pictures of the progress.

This new home is our new Cordova design, which was designed specifically with our McArthur Homes homeowners in mind. For instance, check out this great mud room. Wouldn't you love to have a place to keep all your kids' stuff that is tucked away from the rest of the house?

I am loving the fun wall paneling. The best part is, this is something easy you can do in your own new home! Check out this post with how-to instructions.

Below, you can see the open great room. The new hardwood floors are covered with protective paper, but let me tell you... they are amazing. Plus, they are only a level 3 hardwood at the McArthur Homes Design Studio. So affordable!

 

This master suite features a separate retreat area. What would you do with this space? I imagine it as a cozy reading nook, or maybe a place for my spin bike... hmmmm....

What do you think of this octagonal tile in the master bathroom? I can't wait to see how it looks with the cabinets installed and the white cultured marble on the tub and shower.

Here's one final picture for now. Isn't this a fun tile treatment for the laundry room? I love how the Cordova plan has an upstairs laundry room so you don't have to haul big baskets of dirty clothes up and down the stairs!

Well, that's it for our Parade of Homes tour for today. Next week... cabinets get installed!

Still want more info? Click here to view this new home design on our website. The Cordova is available at ALL of our new home neighborhoods so you can also visit any of our model homes to find out more.

A New Home Perfect for a Growing Family

Our newest floorplan, the Cordova is perfect for a growing family. When designing this home, we took into account all the things our homeowners tell us they want:

Large bedrooms with walk-in closets (up to 4 bedrooms upstairs)
Fabulous kitchen with an island for casual dining, plus a huge pantry
An open concept with great flow between the family room, kitchen and eating area
A separate office or formal room (perfect for a piano, visitors, etc)
Handy mudroom with cubbies to corral clutter
Upstairs laundry room (no more hauling laundry up and down the stairs)
And plenty of storage mixed in throughout the home!

The first Cordova home is now being built at Thanksgiving Meadows in Lehi. Here is a sneak peak at the main floor of this awesome floorplan...



Click here to see the floorplan for this new home in Utah.

Habitat for Humanity with McArthur Homes

McArthur Homes, and many of our contractors and suppliers, helped complete the Habitat for Humanity home this year with the Salt Lake Home Builders Association.  Last week, we turned over the new home in Utah to the new owners, the Yussuf Family.  

 

The home was approximately 2000 SF, 6 bedrooms, 4 baths, and built entirely with donated materials and labor from HBA member suppliers and contractors.  It is amazing that even in these difficult times, commonly called the Great Recession, that so many people and organizations are still willing to donate so much to help others.  It really is amazing!  Seeing the joy in the faces of the family – especially the kids – made all the effort worth it, many times over.

Grand Opening of JL Sorensen Recreation Center at Herriman Towne Center this Saturday

This Saturday is the Grand Opening of the unbelievable new JL Sorensen Recreation Center, the largest rec center in the county! There will be some amazing events going on all day, Saturday March 19th. (See schedule below) While you're there, be sure to visit the McArthur Homes new model home across the street for your chance to win an iPad!

The JL Sorensen Recreation Center is part of Herriman Towne Center, the best new neighborhood in Salt Lake County! In addition to the new rec center, Herriman Towne Center boasts a brand new library, new elementary school and beautiful new homes by McArthur Homes! The community will continue to grow to include local dining and shopping options, churches, schools and more than 10 acres of parks.

Herriman Towne Center, Centered around YOUR life.

13158 S. Herriman Rose Boulevard (5400 W.)
 Model Home Open 11am-7pm

New Homes from 2500-3500 s.f.
Starting at $216k

Grand Opening Event Schedule at JL Sorensen Recreation Center

• 9:00am: Breakfast Eats (breakfast eats available – while they last)  9am-4pm: Bounce House Boxing and Obstacle Course
• 9:30am: Family 1-mile run/walk – On Track (all finishers receive a prize)10:00am: Zumba Class Demo – In Group Fitness (watch or participate)
• 10:30am: JL Kids on the Move Demo (ages 3-10 watch or participate)11:00am: Basketball Shootout (prizes)
• 11:00am: Cycling Class Demo – In Cycling Studio (watch or participate) 11:00am: Lunchtime Eats and Drinks – while they last
• 11am-1pm: Party Room walk throughs – sample of something delicious 11am-1pm: Personal Trainers on hand – to answer questions.
• 11am-2pm: Adventure Learning Preschool –Open House in Childcare 11am-2pm: Infinite Cycle – bike tuning, maintenance seminar, QandA, prizes
• 11:30am: Royal Ballet Demo – children’s ballet class demo in gym 11:30am: JL Kids on the Move Demo (ages 3-10 watch or participate)
• 12:00pm: SWIMMING POOL GRAND OPENING
• Important: See Pool Session Schedule Below
• 12-2pm: Mechanical Bull Riding
• 12:00pm: Adult Self Defense Demo – HapKiDo martial arts demo
• 12:30pm: Ace All Star Cheerleading Demo – children’s cheer demo
• 1:00pm:  Circuit/Boot Camp Class Demo - (watch or participate)
• 1:00pm: Bailey’s Gymnastics Demo – children’s gymnastics demo
• 1:30pm:  All Star Karate Class Demo – children’s karate class demo
• 2:00pm:  Performance Academy Demo – children’s musical theater
• 2:30pm: Hip Dance Company Demo – children’s dance class demo

SWIMMING POOL GRAND OPENING

 - 4 Sessions
Due to occupancy load restrictions in the swimming pool area, Saturday's swimming pool Grand Opening will happen in four sessions:

• 12:00-1:30pm Splash and Swim: Gold Coin Dive at 1:00pm
• 1:45–3:15pm Splash and Swim: Gold Coin Dive at 2:30pm
• 3:30–5:00pm Splash and Swim: Gold Coin Dive at 4:00pm
• 6:00–7:30pm Splash and Swim: No Gold Coin Dive

Patron attendance to each session will be capped once we reach max pool occupancy load. Pools will be cleared at the conclusion of each session for the preparation of the next session.

Meet Jazz Player CJ Miles at Herriman Towne Center this Friday

Get ready to meet one of your favorite Jazz players while visiting THE coolest new neighborhood in Salt Lake!  Herriman Towne Center invites you to come meet CJ Miles this Friday from 3:00 to 5:00 as we celebrate the McArthur Homes’ Grand Opening -- at 5400 West and 130^th South in Herriman.  There will be free Papa John’s pizza,  coke products and a raffle for 2 lower bowl Jazz tickets.

(Photo from the Salt Lake Tribune, http://www.tribblogs.com/tribphoto/2008/12/cj-miles/)

Herriman Towne Center already hosts the county’s largest recreation center, a new state of the art library, and new elementary school. Future plans include more parks, retail and office space, and a transit center all right within the community!…. But most importantly, brand new homes are being built from the low 200’s. 

So stop by this Friday from 3:00-5:00 to meet CJ Miles at Herriman Town Center and tour McArthur Homes new Model!  It’s all happening at 5400 West and 130^th South, in Herriman.  

Herriman Towne Center, Centered around YOUR life.

13158 S. Herriman Rose Boulevard (5400 W.)
 Model Home Open 11am-7pm


Meet CJ Miles from 3:00-5:00pm Friday, March 18th

Tell Us Your McArthur Homes Story and Win Big!

In nearly two decades, McArthur Homes has built over 2,000 homes for happy families like yours. We sincerely hope you enjoyed the building experience, really love your new home, and have created great memories with your family and friends.

We’d like to take this opportunity to celebrate your stories. Please take a few minutes to tell us about your home or building experience. What was your favorite moment during the homebuilding process? Choosing your selections at the Design Studio? Seeing your home framed for the first time? Walking through the door and into your brand new home? What do you love about your home or neighborhood? Swimming at the clubhouse? Relaxing on your front porch? Entertaining friends and family from your beautiful new kitchen?

 (Photo by Abbey Kyhl)

Simply submit your story and you could win a professional family photo shoot from AK Studio Design and one winner will receive a $500 Shopping Spree with a VISA Debit Gift Card.

Why you REALLY want to be a Finalist:

All of our TEN FINALISTS will receive a professional family photo shoot by Abbey Kyhl, owner of AK Studio & Design. Abbey is an expert at capturing those bright, fresh, candid moments that show the ones we love as they really are. She says, "My number one goal at every session is to capture a real glimpse of that perfect "moment". Whether it be a father and son chasing each other, a mother snuggling her newborn baby, the first kiss of a newly married couple, or just kids out being kids! So be yourself! Have fun! Enjoy the moment!" 

I have hired Abbey to do my family photos many times over the last few years and the results are always EXCEPTIONAL. You will love your photos! You can view Abbey’s work on her blog www.akstudiodesign.com/blog. The photo on the left is actually one of our cute McArthur Homes homeowner families! Congrats Rich & Laura Dibble!

Abbey is also offering a 10% discount to go along with this special contest. See her coupon at the bottom of this post!

Contest Guidelines:

Two Ways to Enter:

Submit a short paragraph telling us about your McArthur Homes home, your experience building, or your favorite thing about your home. Include a photo of your family and your home.

OR

Submit a short video of your home. Be sure to tell us why you love your McArthur Homes home or your experience building your home.

How to Submit Entries:

Email to kristi@mcarthurhomes.com 

OR mail to 

McArthur Homes

9962 S. Redwood Road

South Jordan, UT 84095

Deadline for entries is March 31, 2011 at 7pm MST.

Selection of Winners:

McArthur Homes will choose 10 finalists to represent a wide range of buyers from different communities. Finalists will be announced on April 1, 2011.

Each of the 10 finalists will win a professional family photo shoot by Abbey Kyhl, owner of AK Studio & Design. Photo shoot will include one 11X14 print and 10 edited images on CD. Retail value of $215. 

We will post the family pictures for each finalist, along with a short video telling their McArthur Homes story, to the McArthur Homes blog and Facebook. Then, entries will be open for voting for 2 weeks, beginning April 25th. The finalist with the most votes will win a $500 VISA Debit Gift Card! (So you’ll want to make sure all your friends and family check out your photos & video and vote!)

McArthur Homes retains the rights to use all submitted video, images and written material for promotional purposes. 

All photos in this post are by Abbey Kyhl, AK Studio Design. 

The Life of a "Parade of Homes" House

Like many of you, I LOVE the Parade of Homes! It is an exciting opportunity to see what is going on in the world of interior design and new homes. I always end up with tons of notes and photos of things I want to try in my own home.

Well... McArthur Homes is excited to announce that we will be participating in the Utah County Parade of Homes this June! For all you Parade of Homes lovers, we will document the construction and design process of our entry home. We'll give you an inside look at what goes into building a stunning model home for the Parade of Homes, and give you ideas for your own home along the way!

Our Parade of Homes entry will feature a BRAND NEW 2-Story Home Design in our popular Thanksgiving Meadows neighborhood. This new Cordova design is so flexible and perfect for growing families. Our model will feature a large master bedroom with bonus master retreat, two extra bedrooms upstairs and a handy loft/study area for the kids to do homework. On the main floor their are fun features such as a mud room with "drop zone" cabinetry for mail, keys etc. and plenty of built in cubbies for backpacks and coats! (Floorplan pics coming soon.)

Our interior design experts from Pace Interiors are getting started on the interior selections for our Parade of Homes house. Here's a sneak peak at what they've been working on at our Award Winning New Home Design Studio.

Coming up, we'll share their recommendations for top styles and products for your home. In the meantime, we'd love to hear your opinions! What's your favorite part of attending the Parade of Homes? Is there a home or feature that was so impressive that you still remember when you saw it at a Parade of Homes entry? Leave a comment, or share with us on Facebook!

Herriman Towne Center Ribbon Cutting Ceremony

McArthur Homes is celebrating the Grand Opening of the new Herriman Towne Center community. We kicked things off with an official ribbon ceremony with Mayor Mills of Herriman City. Do you know what I learned? They don't actually cut the ribbon at a ribbon cutting ceremony. I also learned that Herriman Towne Center will include not just new homes, but fabulous local shopping & dining options, a 5.5 acre park, the new JL Sorensen Count Recreation Center, the new Herriman Library, several churches and even new schools! You can find more information on Herriman Towne Center at our website.

Happy Holidays from McArthur Homes

McArthur Homes would like to wish you and yours all the best at this holiday season. We hope you are enjoying time with loved ones during this special time.

To celebrate the season, McArthur Homes is offering you up to $15,000 to use towards your new home. Use this money towards closing costs and/or options in the Design Studio such as granite countertops, hardwood floors, designer lighting or tile flooring.

Take a look at our brand new communities and move-in ready homes. Or check out all of our neighborhoods and floorplans on www.mcarthurhomes.com and start the process of building and personalizing your brand new home. Hurry, this holiday offer ends December 31, 2010.

Up to $15,000 in incentives to be used for either Design Studio options or closing costs.
Up to $15,000 on base home prices above $250,000.
Up to $12,000 on base home prices above $200,000.
Up to $9,000 on base home prices below $200,000.
Closing cost option is limited by maximum seller loan contribution limits.

Click here to email me for more information on $15,000 incentive, or for any questions regarding building a new McArthur Home.

Industry Leading Customer Satisfaction

In 2010, McArthur Homes has once again proven that a commitment to customer satisfaction isn't just something we talk about. We survey all of our homeowners after closing using a 3rd party company, and they have found that 97% of McArthur Homes homeowners would recommend us to their friends and family! That's way above industry standards and leading competitors.

So why are McArthur Homes homeowners so happy? Here's what a few recent home owners have said:

The McArthurs are great people who take pride in their business.

McArthur Homes stood out above and beyond all the other builders we looked at. We wished to move sooner but decided buying a used home and settling on features wasn't what we wanted. McArthur Homes presented beautiful homes and plenty of upgrade options to suit our needs, and most importantly our budget! We love our new home and can't wait to raise our son in it, and all other future children!

We love McArthur Homes! We looked at every builder and had determined that building was just too expensive for us. Then we stumbled upon McArhtur Homes. The home was so affordable, and huge! We got the home of our dreams and we were able to design parts of it. Our home buying experience was better then we dreamed, and we owe it all to McArthur Homes.

The kindness that was displayed and the patience. They helped me decided everything and they were so helpful.

The entire process was exceptional! However, if I had to choose the one I was most satisfied with was the fact of how patient they were with us. They never ceased to show patience in regards to our issues and helped us every step of the way to understand and resolve them. Exceptional customer service! 

 To read more comments from happy McArthur Homes homeowners visit our website, or our Guild Quality Survey page.

The Low Down on Credit Scores

Credit scores can be confusing and frustrating. The good news is that once you understand how to build your credit, your credit score can be your best friend. Check out the table below to see how building good credit can save you thousands of dollars on your new home.  I've also posted some information on how your credit is calculated. Thanks to Nitro Credit for all the helpful info. They are experts at credit repair!

Want to learn even more about building your credit? Join McArthur Homes and Nitro Credit for a FREE Credit Repair Seminar on November 6th at 10:00am. Located at the Thanksgiving Meadows Clubhouse, 3790 N. Bluegrass Blvd, Lehi Utah. For more information email jesse@mcarthurhomes.com




Our lives revolve around credit and FICO scores but sadly some people never realize it until it is too late. The chart below shows how much more someone with a lower credit score would pay over the term of a 30-year conventional mortgage loan for $200,000.
(5/2009)

Credit Score	Interest Rate	Cost of Your Credit
720-850	4.75%	$0.00
700-719	5.125%	$16,668.00
640-699	5.67%	$41,392.80
600-639	6.5%	$79,506.00

Your credit score is calculated based on credit-related information contained in your credit file. This information is analyzed in five different ways to produce a three-digit FICO score.

1. Payment History:
    35% of your score is based on paying your credit related accounts. Late payments and other negative marks drop your score quickly.
2. Credit Utilization:
    30% of your score is based on how much credit you have and how are you using it. If you are close to utilizing the maximum amount of credit limit provided you, this can reflect negatively on your score.
3. Length of Credit History:
    15% of your score is based on good payment history over a period of time.
4. New Credit Inquiries:
    10% of your score is based on the number of inquires coming from creditors.
5. Types of Credit:
    10% of your score is based on having different types of credit accounts such as home mortgage, vehicle, credit cards, etc.