If you're buying a home or refinancing your Utah mortgage, you have probably heard about “mortgage points or discount points.” This form of pre-paid interest can save you thousands of dollars over the course of your loan but in many circum
Jul 18, 2018 | Interest Rates Home Buying or Selling
The process of buying or selling a home can be very complex and there are a lot of homebuying myths that exist, especially if you are a first-time homebuyer. At Advanced Funding Home Mortgage Loans, we help make discern fact from fiction. Unfortun
Jul 01, 2018 | First-time Homebuyers Home Buying or Selling
When it comes to mortgages, there are two similar sounding terms that often confuse potential homebuyers: pre-qualification and pre-approval. While they are alike in some ways, their purposes are different. If you're looking to get a Utah mortgage, here’s
Jun 27, 2018 | First-time Homebuyers Home Buying or Selling
While homeownership has long been the American dream, buying a home is not necessarily the best choice for every person or every situation. There are many factors to consider in determining if a Utah home purchase is the right decision for you right now.
Jun 14, 2018 | First-time Homebuyers Home Buying or Selling
Years ago, a 20% down payment was a requirement for obtaining a Utah mortgage loan. Putting that much money down made it less likely that borrowers would simply default on their home loans and gave lenders a measure of security and collateral in the case
Jun 07, 2018 | Home Buying or Selling
Buying or refinancing a home represents the largest financial transaction many of us will ever make. Therefore, it makes sense that you’d want to understand the details of the loan you’re getting. As part of your mortgage transaction, the C
Jun 06, 2018 | Home Buying or Selling Mortgage Basics
