What is a Loan-to-Value Ratio?

What is a Loan-to-Value Ratio?

Once you get serious about buying a home or refinancing your current mortgage, you will probably hear the term “loan-to-value ratio” mentioned by your mortgage broker. What is this ratio and how does it affect your Utah mortgage?   Loan-to-Value Ratio De

Jul 10, 2019 | Credit Mortgage Basics Purchasing a Home Refinancing a Home

What is a Physician Loan?

Medical professionals often earn salaries far above the average American salary, and yet most come out of school with hefty student loans to repay. Such high debt loads would normally disqualify them from obtaining mortgage loans for several years. Thanks

May 29, 2019 | Purchasing a Home

What is the Right Home Loan in Utah for Buying a Fixer-Upper?

What is the Right Home Loan in Utah for Buying a Fixer-Upper?

You have found your dream house but it will take significant work to make it a home. You do not have cash in savings to pay for both a down payment and the repair costs. Can you get a home loan in Utah when buying a fixer-upper? Not to worry - this is not

Feb 13, 2019 | FHA Loans Conventional Loans Purchasing a Home

Should I Make a Bi-Weekly Mortgage Payment?

Should I Make a Bi-Weekly Mortgage Payment?

Many homeowners are eager to pay off or pay down their mortgages in order to save themselves money in interest charges. Many lenders have even anticipated this situation by offering buyers a bi-weekly payment program.  What is a Bi-Weekly Mortgage Pa

Sep 19, 2018 | Mortgage Basics Purchasing a Home Refinancing a Home

Benefits of No Cost Mortgages

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 | Mortgage Basics Purchasing a Home Refinancing a Home

Your Home Buying Team

Your Home Buying Team

Buying your first home? Here are three real estate professionals who will play a big role in your leap from renting to owning your own Utah home:  Mortgage Loan Officer and Utah Mortgage Broker Before you look at a single home, you should get pre-app

Sep 23, 2017 | Purchasing a Home