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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.
 

Improvements that Generate Good Returns

Looking to get top dollar for your property in Salt Lake City? Most sellers stick to cleaning and staging. However, if you think your property needs more than a little TLC, certain remodeling projects can help. Before you install a spa-like master bathroom and chef’s kitchen, take some advice from Remodeling magazine’s “2015 Cost vs Value Report.” This report provides estimated costs for 36 midrange or upscale home-improvement projects, along with the percentage of cost that owners can expect to recoup when they sell. Think small. Large-scale projects typi...

December 3rd, 2015 | Home Renovation, Home Selling Tips, Improvements that Generate Good Returns

Inexpensive Ways to Get Your Home Ready to Sell in Utah

You want to sell your Utah home, but you don’t have a lot of money to invest in repairs and upgrades before it hits the market. You’re in luck! There’s a lot you can do to make your home more inviting to potential buyers that doesn’t cost a fortune. Here are some fairly inexpensive steps you can take before you list your home: Clean the carpets. Investing in a professional carpet cleaning can be a great move, especially if you have small children and pets. Stained carpets aren’t exactly aesthetically appealing, and carpets can harbor all kinds of odors. Make...

April 20th, 2015 | Home Renovation, Home Selling Tips, Inexpensive Ways to Get Your Home Ready to Sell in Utah

The Benefits of a 203(k) Home Renovation Loan

Have you heard about the FHA 203(k) home renovation loan? This innovative loan program is designed to make it much easier to purchase a home in Salt Lake City that needs a lot of repair work or updating. With a 203(k) loan, home buyers are able to take out one loan for the purchase and improvement of a property. As with the popular FHA home loan program, borrowers can make only a minimal downpayment. Another plus: With only one loan, there’s only one set of closing costs. And once the loan closes, the homeowner then has the funds to immediately begin repair or renovation work. ...

April 5th, 2015 | Home Renovation, FHA, The Benefits of a 203(k) Home Renovation Loan

Home Improvements that Really Add Value

When it comes to home improvements, not all upgrades pay off when you sell your Utah property. Trying to decide how to spend your home improvement dollars? Here is some great guidance from the U.S. Appraisal Institute: Don’t neglect ‘green’ renovations. A number of ‘green’ projects, such as replacing windows, installing Energy Star appliances and adding extra insulation, are likely to pay off in two ways — in your monthly utility bills and when you sell your home. You’ll want to consider both when deciding whether they are worth your while. ...

March 26th, 2015 | Home Renovation, Home Improvements that Really Add Value

Insulate Your Utah Utility Bill

Your heating bill doesn’t have to get as extreme as the weather. You can increase your home’s energy efficiency by following proven methods — and save money doing it. Did you know that heating and cooling makes up more than half of the energy use in a typical U.S. home? This means that for most home owners, heating and cooling counts as their largest energy expense each month. The first step in mitigating a utility bill that’s as high as your ceiling is to ensure your home is properly insulated. If not properly insulated, your attic, basement or crawlspace is cost...

March 26th, 2015 | Home Renovation, Insulate Your Utah Utility Bill



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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