With today’s rising interest rates and high home prices, buying a home takes some planning and forethought. Mistakes can be costly, like getting a mortgage higher than you can afford or getting stuck in a neighborhood or house you actually don’t like. Her
Dec 27, 2022 | Purchasing a Home
With Christmas fast-approaching, all of us at Advanced Funding Home Mortgage Loans would like to wish you a Merry Christmas! We hope that this week you'll be surrounded by family, friends and loved ones while enjoying time together and making great memori
Dec 22, 2022 |
As a real estate agent, it's important to always be prepared for the unexpected and to be able to adapt to changing market conditions. With the uncertainty of the current economic climate, it's more important than ever for agents to be ready for potential
Dec 20, 2022 | Mortgage News
Since buying a home is one of the biggest financial investments most people ever make, if you are not careful, you can get in over your head. This can result in a status of being “house poor,” or spending way more on housing costs than you can
Dec 20, 2022 | Refinancing a Home Home Equity Loans
If you are buying a home that is priced significantly above the region’s average, traditional loans may not be able to cover the size of your purchase. In this case, you’ll need a jumbo loan. And if you’re a veteran or active-duty military member, there a
Dec 15, 2022 | VA Loans Purchasing a Home
According to a recent report from Redfin, as of October 2022, in order to afford a “typical home” with the median monthly mortgage payment of $2,682, a buyer would need to earn at least $107,281 to be able to afford the loan. While prices may have slowed
Dec 13, 2022 | Purchasing a Home