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Refinancing? Save Up to $4,000 with SmartRefi!

Are you looking to refinance your mortgage? At SecurityNational Mortgage Company (SNMC), we’re offering SmartRefi, a program designed to make refinancing easier, faster, and more affordable for homeowners like you.
 
 
What is SmartRefi?
SmartRefi is all about simplifying the refinancing process. We’re one of few lenders that can offer this special program that helps you save both time and money. Traditional refinancing can be a hassle, but with SmartRefi, we’re here to make it a breeze.
 
 
Why Choose SmartRefi?
  • Save Up to $4,000: With SmartRefi, you could save up to $4,000 on your refinancing costs. That’s real money back in your pocket!
  • Close Faster: SmartRefi speeds up the refinancing process so you can close on your new loan faster than ever. No more waiting around!
  • Easy and Efficient: We’ve streamlined the process to make it easier for you and your loan officer, resulting in quicker turnaround times and reducing the lengthy refinancing process.

Ready to Get Started?

With the potential for significant savings and faster closing times, we’re committed to making refinancing a positive experience for you.
 
Contact your loan officer today to learn how SmartRefi can benefit you! Don’t have one yet? Find a loan officer near you.
 
This product is only available in certain states. Verify your eligibility with your loan officer today.
 

Maximizing Your Tax Return: A Smart Step Towards Homeownership

As tax season comes to a close, many of us find ourselves with a little extra cash in our pockets. If you’ve received a tax refund this year, you might be considering how best to use this windfall. While a vacation or a shopping spree might be tempting, have you considered investing in your future by using your tax return towards homeownership?
Your tax refund can play a pivotal role in the homebuying process, providing a financial boost that can help you get closer to owning your dream home. Here are some smart ways to utilize your tax return in the journey to homeownership:
  1. Boost Your Down Payment: A larger down payment can reduce the amount you need to borrow, potentially lowering your monthly mortgage payments and interest rates. Using your tax return to increase your down payment can make a significant difference in the long run.
  2. Cover Closing Costs: Closing costs can add up quickly, often ranging from 2% to 5% of the home’s purchase price. Applying your tax refund towards these expenses ensures a smoother closing process without dipping into your savings.
  3. Pay Down Debt: Lenders consider your debt-to-income ratio when approving a mortgage. Using your tax refund to pay down existing debt can improve this ratio, enhancing your chances of securing a favorable loan.
  4. Build an Emergency Fund: Homeownership comes with unexpected expenses. Setting aside part of your tax refund as an emergency fund prepares you for any unforeseen repairs or maintenance needs.
  5. Improve Your Credit Score: If your credit score needs a boost, using your tax refund to pay off credit card balances can improve your score, helping you qualify for better mortgage terms.
Take the Next Step with SNapp
Ready to turn your tax refund into a key to your new home? With our SNapp mobile app, applying for a mortgage has never been easier. SNapp lets you start your homebuying journey right from your phone, offering a seamless and convenient way to explore your mortgage options.
Search for a home
Get real-time results on available homes in your area.
Calculate Mortgage Payments
Easily calculate mortgage payments based on numerous loan scenarios, terms, and loan products.
Go Paperless
Use the app to easily scan and securely send documents to your loan officer.
Apply for a Loan
Fill out a loan application anywhere — no need to mail in forms.
Stay Connected
Get alerts and updates throughout the loan process.
Your tax refund offers a unique opportunity to make a meaningful investment in your future. Whether it’s boosting your down payment or paying down debt, these strategic moves can bring you closer to homeownership. And with the SNapp app, you’re just a few taps away from making your homeownership dreams a reality.
Download SNapp today and take control of your homebuying journey. Your dream home is waiting—let’s get started!
Download SNapp
*Consult a tax specialist for your specific tax situation.

The Tax Benefits of Homeownership

The Tax Benefits of Homeownership

Homeownership is often considered a significant milestone in one’s life. Not only does it provide a sense of security and accomplishment, but it also comes with a slew of financial benefits. One of the less discussed, yet highly relevant advantages are the potential income tax benefits for those who itemize on their tax returns.

Mortgage Interest Deduction

One of the most significant tax advantages of homeownership is the mortgage interest deduction. IRS allows homeowners to deduct the interest paid on their mortgage from their taxable income, provided the loan amount is within certain limits. This means the more interest you pay, the larger your deduction.

Property Tax Deduction

The IRS also permits homeowners to deduct property taxes on their primary residence. This deduction can significantly reduce your taxable income, especially in areas with high property taxes.

Home Office Deduction

In an era of remote work, the home office deduction has become increasingly relevant. If you use part of your home exclusively for conducting business, you may be eligible to deduct expenses related to that space. This includes a portion of your mortgage or rent, utilities, and home maintenance.

Capital Gains Exclusion

If you sell your home for a profit, you may be able to exclude up to 250,000 (or 500,000 if you’re married and filing jointly) of that gain from your taxable income. To qualify, you must have lived in the home for at least two of the last five years before the sale.

Home Improvement Loan Interest Deduction

If you take out a loan to make significant improvements to your home, the interest on that loan might be tax-deductible. This can make those necessary upgrades a bit more affordable.

In conclusion, owning a home not only provides a roof over your head but can also offer substantial tax advantages. While these benefits should not be the sole reason to purchase a house, they certainly sweeten the deal.
 
Remember, everyone’s tax situation is unique, and these benefits may vary based on your specific circumstances. Always consult with a tax professional to understand how these potential tax benefits apply to you.
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60 Years of Security National Success

60 Years of Security National Success

As part of the Security National family of companies, we at SecurityNational Mortgage Company (SNMC) are thrilled to share the remarkable milestone reached by our sister company, Security National Life. This year, they are celebrating 60 years of serving families. This achievement not only signifies their longevity but also mirrors our shared commitment to stability, growth, and excellence.
 
 

A Legacy of Excellence

Security National began in 1965 with the inception of the Security National Life Insurance Company. Starting with a modest sum of $543,000 in assets, housed in a small rented home in Salt Lake City, Utah, Security National has consistently grown into a robust industry leader across various service sectors.
 
Over the past six decades, Security Nationals’ expansion has been fueled by new sales and investment opportunities, acquisitions of life insurance companies, funeral homes, and cemeteries, along with the formation and evolution of our mortgage company. This journey of growth and resilience reflects our unwavering commitment and dedication to serving families and enabling meaningful careers.
 
In celebration of its 60th anniversary, SNL has created a special logo that encapsulates its history, stability, and unwavering commitment to excellence. This logo (seen below) will be used throughout 2025 to highlight SNL’s history and commitment to customers and internal teams.
 
60th-anniversary logo of Security National Life
 
 
 
The original logo of Security National Life
 
 
 

Strength in Unity

This triumph is not a standalone achievement. It’s a testament to the strength and stability of our family of companies. The support from our family entities, like Security National Life, provides us with the stability that is paramount in the dynamic landscape of mortgage lending.
 
The success of Security National Life affirms our core strength: our ability to weather the highs and lows of each industry. This resilience enables us to provide our borrowers with the best possible service, irrespective of the economic climate.
 
 

Future Growth with SNMC

At SNMC, we are not just looking at the present; we are also focused on the future. We are investing in growth and innovation, firmly backed by the stability provided by our family of companies.
 
As we reflect on the past 60 years of success, we are excited about the opportunities that lie ahead. Our commitment to our customers, our teams, and our shared vision of excellence ensures that we are well-positioned for a future of sustained growth and success.
 
The accomplishment of Security National Life is a testament to the hard work, fantastic leadership, and shared dedication across our companies. As we continue to grow, we look forward to contributing to the legacy of excellence that defines our family of companies.

 

The Great Work Debate: In-Office Mandates vs. Remote Work

The Great Work Debate: In-Office Mandates vs. Remote Work

As companies across the nation redefine their workplace policies, employees are facing a new set of challenges. Recent developments at major corporations like 3M and Amazon illustrate the stark contrast in approaches to returning to the office, highlighting a critical moment for workers navigating their professional and personal lives.
 
 

The Shift in Work Policies

3M has adopted a flexible “Work Your Way” policy, allowing employees to choose between remote, hybrid, or in-office arrangements. This shift recognizes the importance of work-life balance and the varied preferences of today’s workforce. Employees are encouraged to select the work environment that best suits their productivity and well-being, reflecting a growing trend toward autonomy and trust in the workplace.
In contrast, Amazon Web Services (AWS) CEO Matt Garman has taken a more rigid approach by mandating that employees return to the office five days a week. Garman’s recent comments have sparked significant backlash, with many employees expressing dissatisfaction and even threatening to leave the company. This divide highlights the challenges many workers face as they adjust to new expectations regarding in-person work.
 
 

The Impact of Relocation

During the COVID-19 pandemic, many employees relocated as companies shifted to remote work models. This newfound flexibility allowed workers to move away from their traditional office locations, often seeking more affordable housing or a better quality of life. However, as some companies enforce stricter return-to-office policies, many employees may find themselves required to return, creating significant pressure for those who have settled into new living situations.
Another challenge some employees face is the requirement to return to the office due to living within a given radius of the workplace. This may lead them to consider relocating further away, where housing options might be more favorable and where they can enjoy a better quality of life.
 
 

How SNMC Can Help

In this evolving landscape, SNMC is here to support you as you navigate these changes. We understand the unique challenges you may face, and our team of experienced Loan Officers is ready to assist you in exploring options tailored to your specific needs. Whether you’re considering relocating back to your previous work city, facing the requirement to return due to living within the office radius, or looking to move further away for better housing options, we encourage you to reach out.
Having a trusted partner by your side is essential. At SNMC, we’re committed to ensuring you have access to the resources and guidance necessary for a successful transition.
If you have questions or need assistance, we invite you to connect with one of our Loan Officers near you. We’re here to help you navigate these challenges and secure your financial future.
 
 

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