Mike Lubbers

NMLS # 305004

801-272-0600

mike@advancedfunding.com

Mike Lubbers Mortgage Loan Advisor

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Your Mortgage Application Document Checklist

Your Mortgage Application Document Checklist

Once you find the perfect house and your offer is accepted, it is time to turn your attention to lining up the financing. If you’ve never applied for a mortgage loan before, or if it’s been many years since your last home purchase, the process

Aug 16, 2022 | Purchasing a Home First-time Homebuyers Mortgage Basics

A First-Time Buyer’s Guide to Escrow Accounts

A First-Time Buyer’s Guide to Escrow Accounts

One of the new terms you’ll hear as a first-time home buyer is “escrow.” If you’re unfamiliar with this word, here’s everything you need to know about escrow accounts and how they work. A Definition An escrow account, also known as an impounds account, is

Aug 11, 2022 | Purchasing a Home First-time Homebuyers

The Top 7 Mortgage FAQs of First-Time Buyers

The Top 7 Mortgage FAQs of First-Time Buyers

Buying a home for the first time is an adventure; it is exciting, but it can also be challenging to understand all the terms and procedures. If you are getting started on your homebuying journey, here are some of the most frequently asked questions that c

Aug 09, 2022 | Purchasing a Home First-time Homebuyers

Can I Buy a House While Changing Jobs?

Can I Buy a House While Changing Jobs?

While a job change can mean variety and advancement, if you are in the process of buying a home it can complicate matters. In general, changing employment before a home purchase is acceptable to mortgage lenders, but starting a new job once your loan appl

Aug 04, 2022 | Purchasing a Home

FHA Loans: the 9 Most Frequently Asked Questions

FHA Loans: the 9 Most Frequently Asked Questions

If you are getting ready to buy a home, you might want to consider using an FHA loan. What are these mortgages? Here are answers to some of the most frequently asked questions about FHA loans to help you decide if one is right for you. What is an FHA Lo

Aug 02, 2022 | Purchasing a Home FHA Loans First-time Homebuyers

How Much Money Do I Need to Save Before I Buy a House?

How Much Money Do I Need to Save Before I Buy a House?

If you’ve been saving to buy a house, rising home prices and interest rates over the past year can make homeownership seem out of reach. Inflation that has reached 40-year highs does not help either. Before you give up on breaking into the housing m

Jul 28, 2022 | Purchasing a Home First-time Homebuyers

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