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Lance Sorenson

Vice President of Mortgage Lending
1864 W 12600 S, Suite 117, Riverton, UT 84065
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NMLS: 273929
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TestimonialsCustomer testimonials Read more

Excellent service from a very knowledgeable and experienced team. I've been using Guaranteed Rate for all my mortgage loan needs for more than 10 years now, and I'd never use anyone else!

Kevin M. -Highland, UT | MAR 2016

My loan officer was extremely helpful and kind. He kept me informed throughout the whole process and answered All my questions.

Kelley P. - Provo, UT | Dec. 2015

LANCE WAS AMAZING! LANCE BROKE DOWN THE PROCESS AND MADE IT EASY TO UNDERSTAND. BEING A FIRST TIME HOME BUYER CAN BE EXTREMELY STRESSFUL AND COMPLICATED BUT HE MADE IT SO MUCH EASIER AND I ENJOYED THE EXPERIENCE. THANKS LANCE.

Amber B. – South Salt Lake, UT | SEP 2015

I would like to personally thank and extend a commendation to Lance Sorenson and his team in Sandy, UT. They have been exceptional and very professional during this whole process. They are a great asset to Guaranteed Rate and I am very happy that you choose to employ professionals of such high caliber and professionalism and positive personalities. Thanks.

Kenyon C. – West Valley City, UT | Feb. 2015

Lance Sorenson is easy to work with, on-the-ball, and very kind!

Colby C. -- Kearns, UT 7/21/2014

Lance is very knowledgeable, and knows the process in and out. That was very helpful for us going through this process. He was very quick to respond to my inquiries, and that meant a lot.

Andrew B. -- Midvale, UT 1/30/2014

Everything went great. It was our first time buying a home and I was very impressed with the team at Guaranteed Rate...Lance Sorenson, our loan officer was amazing!!! We loved using him and are happy we got the opportunity to work with him. He has become a good friend now.

Brandon H. - Saratoga Springs, UT 8/2012

Lance interview Q&A

How long have you been in the mortgage business and what inspired you to get into it?
I have been in the mortgage business for over 10 years. I have always enjoyed real estate and finance market and was inspired to get into the mortgage industry after purchasing my first home. I love helping people follow their dream of becoming home owners, while at the same time assisting them in meeting both their short and long term financial goals.
What are the pros and cons of a fixed rate mortgage versus an adjustable rate mortgage (ARM)?
There are pros and cons with a fixed rate mortgage versus an adjustable rate mortgage (ARM), especially for first time homebuyers. The low initial cost of adjustable-rate mortgages, or ARMs, can be very tempting to home buyers, yet they can carry a degree of uncertainty. Fixed rate mortgages offer rate and payment security, but may be more expensive. Whether purchasing a new home or refinancing your existing mortgage, I love to arm my Clients with the information needed to help you choose the mortgage that is right for you.
What can borrowers do to insure a smooth mortgage underwriting process?
In my opinion communication is key to insure a smooth mortgage transaction, whether it be a purchase or refinance. Through good communication we are able to set a realistic expectation and you are always aware of where you are at in the lending process, as well as the next steps to be taken. I feel the largest benefit of great communication eliminates having unexpected surprises at the closing table.
What provides you with the most satisfaction in your job as a Loan Officer?
I love my job as a Mortgage Originator. I am very fortunate to work for a great company who supports myself as well as my business. I find great satisfaction in helping people get in to their dream homes while building great relationship that will last a lifetime.
Tell us something that makes you unique or something wacky, yet interesting about you?
Along with being a Mortgage Planner, I love to laugh and have a good time. Life is to short to not enjoy the journey. I am very family oriented and love spending time with my wife and three children enjoying the outdoors.

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