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Nathan Pierce

Loan Officer

NMLS ID 12920

801-272-0600 nathan@advancedfunding.com

Blog

 

What is the CHOICERenovation Mortgage?

Freddie Mac has announced the creation of a new home renovation loan program called the CHOICERenovation Mortgage.  This product is replacing Freddie Mac’s previous Renovation Mortgage and is very similar to Fannie Mae’s HomeStyle Renovation and FHA’s 203k loan. It offers many benefits to borrowers looking to make updates to their properties.   How Does It Work? The CHOICERenovation Mortgage breaks from its predecessor by eliminating the need for Interim Construction Finance and allows borrowers to take out one loan at closing to pay for both the home pu...

August 28th, 2019 | Loan Programs, Home Improvement, What is the CHOICERenovation Mortgage?

Home Projects for the Family

Getting children involved in home projects can be a fun way to share time with your kids and still get the chores done. But how do you combine the two without pulling out your hair keeping kids from getting hurt or just making a mess? These home projects for the family offer kids a good time while also increasing the value of your home. Try a few of these and have some fun!   Painting Don’t throw in the drop-cloth before you even get started! Consider this – fresh paint ranks in the top three most important home improvements for 50% of real estate experts and ...

June 8th, 2019 | Family, Home Improvement, Homeowner Tips, Home Projects for the Family

3 Ways to Make Your New House Feel Homier

Although buying a new house can be exciting, it can take some time for it to feel like home. Everywhere you look, you are met with little reminders that someone else occupied the home before you did. These tips can help you turn your new house into a home much faster.   Give the walls a fresh coat of paint Even if the paint is new, it can feel odd if you are living in a house with colors that you would not have chosen. The best time to paint is when you first buy the house. Putting off this task until you have moved in will require that you move or cover all of your furniture. ...

April 23rd, 2019 | Homeowner Tips, Lifestyle, Home Improvement, 3 Ways to Make Your New House Feel Homier

Adding a Patio: 4 Fun Ideas

Give your patio some color and zest this summer with these four fun ideas that everyone will love.   Add Colorful Hammocks Hammocks are a great way to relax, and they come in many different styles and sizes. Add a fun pop of color to your patio by hanging one or two hand-woven hammocks that have vividly colored fabric. Hammocks can be attached to existing poles, or they can be hung on a stand made of metal or wood.   Build a Pergola with Hand-Carved Posts Pergolas are a great way to bring shade to your patio. A pergola is built on a vertical post with a top made from so...

April 17th, 2019 | Lifestyle, Homeowner Tips, Home Improvement, Adding a Patio: 4 Fun Ideas

What is the Right Home Loan in Utah for Buying a Fixer-Upper?

You have found your dream house but it will take significant work to make it a home. You do not have cash in savings to pay for both a down payment and the repair costs. Can you get a home loan in Utah when buying a fixer-upper? Not to worry - this is not a hopeless situation. Fortunately, there are two common types of mortgage loans available for just this scenario: The Federal Housing Administration -FHA 203(k) rehabilitation loan or Fannie Mae HomeStyle Renovation Mortgage.   FHA 203(k) Mortgage The Federal Housing Administration has provided a home loan that allows bu...

February 13th, 2019 | Home Buying or Selling, Conventional Loans, Loan Programs, Home Improvement, FHA Loans, What is the Right Home Loan in Utah for Buying a Fixer-Upper?

What a Homeowner Should Do After a Basement Flood

Any basement can flood. Not the reassuring words you were looking for in an article about basement flooding. However, some homeowners assume that just because they don’t live in a high-risk flood area, or perhaps live in a state that doesn’t experience a ton of rainfall, that their basement is safe from flooding. The truth is basement flooding can be caused by a variety of home issues, such as plumbing and sewage leaks. And whether its two inches or two feet, flooding can pose serious health and safety hazards for you and those in your home, if not addressed as soon as possible....

February 2nd, 2019 | Home Improvement, Homeowner Tips, What a Homeowner Should Do After a Basement Flood

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