Joshua Cederlof

NMLS # 309804

801-272-0600

joshua@advancedfunding.com

Joshua Cederlof Mortgage Loan Advisor

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What is a Drive-By Appraisal?

What is a Drive-By Appraisal?

When buying your home, one of the important steps in the mortgage financing process is having an appraisal done. Having an appraiser determine the value of the property is essential to determining how much your lender is willing to lend you for the purcha

May 17, 2022 | Mortgage Basics

Home Equity Vs. Cash-Out Refinance Loans

Home Equity Vs. Cash-Out Refinance Loans

If you need a chunk of change for a home improvement project, paying for your student’s college tuition, consolidating your own debt, or even paying for medical bills, you may be able to pull that money out of your house. This can be done either through a

May 10, 2022 | Refinancing a Home Home Equity Loans

Can You Afford a Second Home?

Can You Afford a Second Home?

A recent study from the National Association of Realtors found that American homeowners gained over $8.2 trillion dollars in housing wealth over the past decade. And with home prices and inflation skyrocketing, there has never been a better time to put yo

May 03, 2022 | Purchasing a Home

What if Rates Rise While My House is Under Contract?

What if Rates Rise While My House is Under Contract?

With long-term mortgage interest rates starting to rise after years of staying near historic lows, there is a good chance interest rates could continue to climb during your home buying process. When you get pre-approved for a mortgage, you are often quote

Apr 26, 2022 | Purchasing a Home

Your AirBnB Income Can Help You Refinance Your Mortgage

Your AirBnB Income Can Help You Refinance Your Mortgage

Did you know that your AirBnB rental income can help you qualify for a refinance loan? In the past using any rental revenue from your “primary residence” was not acceptable on mortgage applications. However, starting in 2018 mortgage governmen

Apr 19, 2022 | Refinancing a Home

How to Make Your VA Loan Competitive in a Hot Market

How to Make Your VA Loan Competitive in a Hot Market

In the red hot housing market of the past few years, sellers usually have multiple offers, often getting more than their listing price. If you are using a VA loan to back your purchase you may worry that sellers might choose conventional-loan-backed offer

Apr 12, 2022 | VA Loans Purchasing a Home Refinancing a Home

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