801-272-0600
nathan@advancedfunding.com
Apply Now
Secure Doc Upload

Advanced Funding Logo

Nathan Pierce

Loan Officer

NMLS ID 12920

801-272-0600 nathan@advancedfunding.com

Blog

 

Blog Image: Happy Thanksgiving

Happy Thanksgiving

We would like to thank all of our customers and wish them a Happy Thanksgiving. We are so grateful for your business and most importantly your friendship. Please remember if you are traveling, to be safe.

November 21st, 2019 | Lifestyle, Mortgage News, Happy Thanksgiving

Blog Image: Toughest Cities to Get a Mortgage

Toughest Cities to Get a Mortgage

Although overall U.S. mortgage application approvals are near record highs - just one in ten applicants is denied nationally - there are some places where it’s much harder to get a home loan. According to LendingTree, Miami ranked number one on the list of cities where borrowers are most likely to be denied a mortgage loan, with an 11.6% denial rate. Florida cities hold the top four spots, with Orlando, Tampa, and Jacksonville next on the list. Minneapolis, Minnesota is the place where borrowers are most likely to be approved for home loans, with a denial rate of just 4.6%. Salt ...

October 25th, 2019 | Mortgage News, Toughest Cities to Get a Mortgage

Blog Image: Housing Starts Slip in September

Housing Starts Slip in September

Overall Housing Starts fell 9% in September from August's 12-year high to an annual rate of 1,256,000 units versus the 1,306,000 units expected. Year-over-year total Housing Starts rose 1.6%. However, the silver lining within the data showed that single-family home construction, which makes up the bulk of the housing market, increased for the fourth straight month and the 918,000 annualized units in September was the best since January. Single-family starts were up 4.3% annually. Multi-family dwelling construction plunged 28% from August, down 5.8% year-over-year. The housing sector is bei...

October 17th, 2019 | Mortgage News, Housing Starts Slip in September

Blog Image: September Mortgage Rates Show Market Volatility

September Mortgage Rates Show Market Volatility

Average interest rates on long-term U.S. mortgage loans fell dramatically last week, making September the most volatile month since March, according to Freddie Mac. The average rate on a 30-year fixed-rate mortgage dropped to 3.64% with 0.6 point for the week ended September 26, down 9 basis points from the previous week and down much more from 4.72% the year before. As investor moods have been yanked around by global markets, September rates have had big swings up and down with weekly rate movement averaging 11 basis points.

October 2nd, 2019 | Mortgage News, September Mortgage Rates Show Market Volatility

Blog Image: Housing Affordability on the Rise

Housing Affordability on the Rise

As rates fall and incomes rise, homebuyers’ buying power has reached its highest level in 18 months, according to data from property data company Black Knight. Even though actual prices have climbed an average of $12,000 over the past eight months, sub-4% mortgage interest rates have increased housing affordability by 15% in that time. A buyer could now purchase a home for $45,000 more than last fall and still get the same mortgage payment.   Get More Information Inquire Now

August 12th, 2019 | Mortgage News, Housing Affordability on the Rise

Blog Image: How to Avoid Wire Fraud at Mortgage Closing

How to Avoid Wire Fraud at Mortgage Closing

You have found the perfect property and made it all the way through the home buying process. The only thing left to do is wire the down payment and closing costs to your mortgage lender. Right before you are supposed to wire the money, you get an email from your title company or mortgage broker giving you different instructions about where to send your funds. Since the email is clearly from your them, you follow the instructions. You expect to be handed the keys at the end of the day, only to discover that you have been scammed and your entire down payment has vanished into the hands of an inv...

August 7th, 2019 | Mortgage Basics, Mortgage News, How to Avoid Wire Fraud at Mortgage Closing

Pages: 1 2 3 4 5 6 7 8 9 10 11 Next >