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Mortgage Blog

Advanced Funding Home Mortgage Loans' weekly Utah mortgage blog is chock full of mortgage advice, tips, and the latest Utah mortgage and housing news. Whether you're considering a Utah refinance mortgage or the purchase of a new home in Salt Lake City or surrounding areas, we have the information and expertise to assist you in preparing for your homeowner journey. Our mission is to help you better understand how a mortgage in Salt Lake City  works, so that you can make decisions that will maximize your savings, qualify you for the amount you desire, and avoid costly missteps. And when the time comes to begin the loan process we will be here to assist you throughout the entire mortgage process.
 

Your Home Buying Team

Buying your first home? Here are three real estate professionals who will play a big role in your leap from renting to owning your own Utah home: Mortgage Loan Officer and Utah Mortgage Broker. Before you look at a single home, you should get pre-approved for financing from a reputable mortgage company. Once you’re pre-approved, you can begin your home search. By visiting with a lender first, you’ll know how much home you can reasonably afford and you’ll be able to make legitimate offers on any homes that meet your criteria. Real Estate Agent. There’s a ...

September 23rd, 2017 | Home Buying Tips, Appraisals, First-Time Homebuyers, Your Home Buying Team

Appraisal Anxiety Have You Down? Here’s How to Cope

If you’re buying or selling a home in Utah, you may be worried about the appraisal. What should you do if the appraisal comes up short? Here are some options for both buyers and sellers: For Sellers: Walk away. If the appraised value comes in lower than what a buyer is willing to pay, that buyer may want you to lower your price. You can do that, or you can walk away and put the property back on the market with hopes that a new buyer, new lender and new appraiser could yield different results. There is a chance, of course, you’ll end up in the same situation. Order a new ap...

April 12th, 2015 | Appraisals, Appraisal Anxiety Have You Down? Here’s How to Cope

VA Loan: Great Benefit for Those Who Have Served Their Country

The VA home loan program is an incredible benefit for those who have served our country. This flexible financing option offers competitive interest rates and is one of only a few sources of no down payment home loans available today. Here’s something else you may not know: It’s designed to protect veterans by making sure the home they are purchasing meets certain standards. The VA does this through an appraisal process. The goal is to ensure that veterans pay a fair price for their home and are purchasing a property that is structurally sound. There are generally two parts ...

February 17th, 2015 | VA Loans, Appraisals, VA Loan: Great Benefit for Those Who Have Served Their Country



Your Local Utah Mortgage Broker

As a Utah mortgage broker we work with several different mortgage lenders, enabling us to offer you a variety of mortgage programs at the best mortgage rates and lowest fees available. Working with several lenders allows us to offer more options to help you achieve your goals. Whether you're buying a new home or refinance your current home, Advanced Funding is here to help. Our loan professionals are available to help you during regular business hours or time that is more suitable to your needs. Call today for more information, 801-272-0600.

Utah VA LOAN ADVANTAGE

Veterans Affairs mortgages, better known as VA loans, make it easier for veterans to get financing to buy a home. Utah VA loans usually do not require a down payment and are available to military veterans and active military members. The Utah VA mortgage remains one of the few mortgage options for borrowers who don’t have the money for a down payment. VA loans are somewhat easier to qualify for than conventional mortgages. It offers a great benefit to those who are serving or have served our country.

Advanced Funding Home Mortgage Loans
6589 South 1300 East, Suite 200
Salt Lake City, UT 84121

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