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Nathan Pierce

Loan Officer

NMLS ID 12920

801-272-0600 nathan@advancedfunding.com

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Blog Image: Home Projects for the Family

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

Blog Image: Benefits to Mortgage Debt

Benefits to Mortgage Debt

In order to buy a house, most Americans, including Utahns, take on a mortgage loan. While debt is usually to be avoided if possible, when it comes to a mortgage there may actually be some financial benefits for borrowers.   Liquidity If you dump all your extra funds into paying off your mortgage, you may be in a tight spot if you face a financial emergency. Family deaths, divorce, and health traumas are just a few things that can quickly rack up enormous debts. If you do not have a sizable emergency save up and you have been sinking all disposable cash into your home, you may ...

June 5th, 2019 | Credit and Debt, Mortgage Basics, Benefits to Mortgage Debt

Blog Image: Mortgage Rates Fall for 4th Straight Week

Mortgage Rates Fall for 4th Straight Week

Long-term mortgage rates dipped in the latest week, according to Freddie Mac, marking four consecutive weeks of declines. The average rate on a 30-year fixed-rate mortgage (FRM) slipped to 4.06% with an average 0.5 point for the week ended May 23, down from 4.07% the week before and from 4.66% a year earlier. Rates on 15-year FRMs also fell, decreasing to an average of 3.51% with an average 0.4 point, down from 3.53% the previous week and 4.15% a year ago.   Get a Lower Interest Rate Inquire Now

May 30th, 2019 | Mortgage News, Mortgage Rates Fall for 4th Straight Week

Blog Image: What is a Physician Loan?

What is a Physician Loan?

Medical professionals often earn salaries far above the average American salary, and yet most come out of school with hefty student loans to repay. Such high debt loads would normally disqualify them from obtaining mortgage loans for several years. Thanks to Physician Loans in Utah, many new doctors, surgeons, dentists, veterinarians, and even medical residents can buy a home without the wait.   What is it? A Physician Loan is designed for medical professionals who are or will be earning very high salaries but still have huge amounts of student debt. Mortgage lenders would not gene...

May 29th, 2019 | Home Buying or Selling, Loan Programs, What is a Physician Loan?

Blog Image: 30-Year Fixed Mortgage Rate

30-Year Fixed Mortgage Rate

The ongoing and unresolved US/China trade turmoil is the biggest story to follow right now. The uncertainty and negative headlines associated with the negotiations have pushed Stocks lower for most of May, with Bonds and home loan rates being the beneficiary. We would like to think that the talks over the past year or so will bring forth a positive agreement -- but it's unclear whether this will come to pass. The next round of talks is scheduled for June 28-29 at the G20 meeting, so there is likely to be no progress before this time. If that is the case, US interest rates will remain ne...

May 23rd, 2019 | Mortgage News, 30-Year Fixed Mortgage Rate

Blog Image: 4 Loan Programs With Zero-Down Payment

4 Loan Programs With Zero-Down Payment

Are there ways to get a mortgage loan without making a down payment? While the options are not as plentiful as they used to be, there are still at least four government-backed programs that allow borrowers to buy a home with no down payment. Over a decade ago, home prices were skyrocketing month-to-month, giving homebuyers “instant equity.” Mortgage lenders offered “zero-down” home loans to most of their customers, with confidence that those borrowers would soon own a significant stake in their homes. However, the housing market crashed, and home prices began plungin...

May 22nd, 2019 | VA Loans, FHA Loans, Conventional Loans, Home Buying or Selling, First-time Homebuyers, 4 Loan Programs With Zero-Down Payment