Homebuying Myths

Homebuying Myths

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 | Home Buying or Selling First-time Homebuyers

Pre-Approval vs Pre-Qualification

Pre-Approval vs Pre-Qualification

When it comes to mortgages, there are two similar sounding terms that often confuse potential homebuyers: pre-qualification and pre-approval. While they are alike in some ways, their purposes are different. If you're looking to get a Utah mortgage, here’s

Jun 27, 2018 | Home Buying or Selling First-time Homebuyers

Should I Rent or Buy?

Should I Rent or Buy?

While homeownership has long been the American dream, buying a home is not necessarily the best choice for every person or every situation. There are many factors to consider in determining if a Utah home purchase is the right decision for you right now.

Jun 14, 2018 | Home Buying or Selling First-time Homebuyers

4 Reasons You Don’t Want to Pay PMI

4 Reasons You Don’t Want to Pay PMI

Years ago, a 20% down payment was a requirement for obtaining a Utah mortgage loan. Putting that much money down made it less likely that borrowers would simply default on their home loans and gave lenders a measure of security and collateral in the case

Jun 07, 2018 | Home Buying or Selling

Understanding Your Loan Estimate

Understanding Your Loan Estimate

Buying or refinancing a home represents the largest financial transaction many of us will ever make. Therefore, it makes sense that you’d want to understand the details of the loan you’re getting. As part of your mortgage transaction, the Con

Jun 06, 2018 | Home Buying or Selling Mortgage Basics

Does Being Married Matter When You're Getting a Utah Mortgage

Does Being Married Matter When You're Getting a Utah Mortgage

This post was originally published on Neighborhoods.com SARA WATSON - National Homeownership There’s an old-school order to things. Couple meets. Couple marries. Couple buys a house. Couple has kids. But this is 2018. As millennial

Apr 20, 2018 | Home Buying or Selling Mortgage Basics Lifestyle