Joshua Cederlof

NMLS # 309804

801-272-0600

joshua@advancedfunding.com

Joshua Cederlof Mortgage Loan Advisor

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What is Mortgage Amortization?

If you have a fixed-rate home mortgage, you pay the exact same amount of principal and interest each month. But did you know that the amount of principal you pay toward the balance of your loan changes from month to month? This is called mortgage amortiza

May 08, 2019 | Credit Interest Rates Mortgage Basics

4 Things to Understand About Credit Scores Before Applying for a Mortgage

4 Things to Understand About Credit Scores Before Applying for a Mortgage

Your credit score is an essential factor in determining much about any mortgage loan you receive. A credit score is a measure of your trustworthiness as a borrower. It pays to know as much about your credit score as possible before applying for home loan

May 01, 2019 | Credit

S&P Case-Shiller 20-City Home Price Index Edged Lower

S&P Case-Shiller 20-City Home Price Index Edged Lower

Home price gains continue to cool as they drift down to more normal levels due in part to an uptick in housing inventories. The S&P Case-Shiller 20-City Home Price Index rose 3% from February 2018 to February 2019, up 0.2% from January to February. Th

Apr 30, 2019 | Mortgage News

How to Build Home Equity

While it is possible to get into homeownership with little upfront investment, there can be many benefits to building up equity in a property. Mortgage equity is the value of the homeowner’s stake in a home. It is basically how much the home is wort

Apr 24, 2019 | Homeowner Tips

How to Calculate Your Debt-to-Income Ratio

How to Calculate Your Debt-to-Income Ratio

When you are ready to apply for a mortgage loan, your mortgage broker will ask you for all sorts of financial information. One of the things lenders do with this data is to calculate your debt-to-income (DTI) ratio. A DTI ratio is one of the most basic me

Apr 17, 2019 | Mortgage Basics Credit

The Unemployment Line is Shortest in 50 Years

The Unemployment Line is Shortest in 50 Years

Initial Jobless Claims is a weekly report that tracks how many people have filed for unemployment benefits. It is both a solid gauge on the state of the labor market and economy and a leading indicator on what to expect in the months ahead. So, what are

Apr 12, 2019 | Mortgage News

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