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Mortgage Blog

Advanced Funding Home Mortgage Loans' weekly Utah mortgage blog is chock full of mortgage advice, tips, and the latest Utah mortgage and housing news. Whether you're considering a Utah refinance mortgage or the purchase of a new home in Salt Lake City or surrounding areas, we have the information and expertise to assist you in preparing for your homeowner journey. Our mission is to help you better understand how a mortgage in Salt Lake City  works, so that you can make decisions that will maximize your savings, qualify you for the amount you desire, and avoid costly missteps. And when the time comes to begin the loan process we will be here to assist you throughout the entire mortgage process.
 

Make Your Offer Stand Out this Spring

Ready for the spring Utah home buying season? In today’s strong housing market, multiple offers are the norm in many areas. It’s definitely a seller’s market. Here are some things to keep in mind as you get ready to make an offer on a property: Think twice about making lowball offers. It’s an enduring myth among home buyers: Many people think the only way to make an offer on a home is by making a lowball offer and work up from there to get the best deal possible. But in reality, lowball offers aren’t as effective as you might think unless the property has ...

March 21st, 2018 | Home Buying Tips, First-Time Homebuyers, Make Your Offer Stand Out this Spring

The Cost of Waiting to Buy a Home

Thinking of waiting another year or two to buy a home in Utah? If home prices and mortgage rates increase in the next year or two, home buyers in Utah could end up with significantly less buying power than they have today. Today’s mortgage rates are near historic lows. But they aren’t expected to stay that way. Various housing groups and economists are predicting mortgage rates will rise to between 4.5% and 5% by the end of the year. The National Association of Realtors also is expecting home prices to increase in 2018 by an average of 3.2 percent nationally, with t...

March 7th, 2018 | Home Buying Tips, Interest Rates, The Cost of Waiting to Buy a Home



Your Local Utah Mortgage Broker

As a Utah mortgage broker we work with several different mortgage lenders, enabling us to offer you a variety of mortgage programs at the best mortgage rates and lowest fees available. Working with several lenders allows us to offer more options to help you achieve your goals. Whether you're buying a new home or refinance your current home, Advanced Funding is here to help. Our loan professionals are available to help you during regular business hours or time that is more suitable to your needs. Call today for more information, 801-272-0600.

Utah VA LOAN ADVANTAGE

Veterans Affairs mortgages, better known as VA loans, make it easier for veterans to get financing to buy a home. Utah VA loans usually do not require a down payment and are available to military veterans and active military members. The Utah VA mortgage remains one of the few mortgage options for borrowers who don’t have the money for a down payment. VA loans are somewhat easier to qualify for than conventional mortgages. It offers a great benefit to those who are serving or have served our country.

Advanced Funding Home Mortgage Loans
6589 South 1300 East, Suite 200
Salt Lake City, UT 84121

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