There’s a lot of unfamiliar, and often confusing, vocabulary in the mortgage process, and it’s important to know your terminology. If you’re looking to buy or refinance a home, it’s important to understand mortgage terms that may be used. What’s the diff
Oct 01, 2018 | Conventional Loans
At Advanced Funding Home Mortgage Loans, it’s our mission to get you the best mortgage option for your situation. Our mortgage brokers are trained to spot the details that might make a certain type of mortgage or refinance more prudent for you and y
Sep 02, 2018 | Refinancing a Home Purchasing a Home Mortgage Basics
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. Unfortunat
Jul 01, 2018 | First-time Homebuyers Home Buying or Selling
Mortgage brokers and lenders love to see borrowers with consistent, steady incomes. But not all borrowers have jobs that send a paycheck every two weeks. Of course, there are plenty of self-employed entrepreneurs, but there are also people who depend on t
Oct 10, 2018 | Home Buying or Selling
Private Mortgage Insurance (PMI) is a type of insurance that most borrowers may be required to pay if they are not making a down payment of 20% or more. While you may think you understand the concept of insurance, if you have never bought a house before,
Oct 03, 2018 | Home Buying or Selling Mortgage Basics
Americans owe more today in student loans than ever before and student debt is continuing to rise. As these borrowers start their careers and become homeowners, they may have the opportunity to consolidate their student loan debts with their home loans. I
Sep 26, 2018 | Refinancing a Home