Quaeisean Scott

NMLS # 1328667

801-272-0600

qscott@advancedfunding.com

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Tax Refund Season Means Help for Homeownership

Tax Refund Season Means Help for Homeownership

As we head into tax season, you may be anticipating a big tax refund being deposited to your bank account soon. Before you mentally spend that money, you might want to consider how it could help benefit your homeownership aspirations or experience. Home P

Feb 02, 2023 | Purchasing a Home

Buying a Vacation Home or Investing in a Timeshare?

Buying a Vacation Home or Investing in a Timeshare?

Having a place to escape to when they take time off is a dream for many people. There are plenty of options out there for finding a consistent vacation spot. Two of the most popular are buying a vacation home or buying into a timeshare group. The one that

Jan 31, 2023 | Purchasing a Home

Need Help with a Down Payment? A HomeReady Mortgage Might Be Right for You

Need Help with a Down Payment? A HomeReady Mortgage Might Be Right for You

If you are itching to get into homeownership but don’t have much of a down payment saved or much of a credit history, you might think you’ll just have to wait. However, through its sponsored entities like Fannie Mae, the U.S. government has created mortga

Jan 26, 2023 | Purchasing a Home

What is the Difference Between a Mortgage Interest Rate and the APR?

What is the Difference Between a Mortgage Interest Rate and the APR?

As you start applying for a mortgage loan, you will probably hear the terms “APR” and “mortgage interest rate” a lot from lenders. What do these mean, what is the difference between them, and how do they affect your home loan? Mort

Jan 24, 2023 | Interest Rates Mortgage Basics

2023 Conforming Loan Limits Jump $79,000, Giving Borrowers Plenty of Mortgage Options

2023 Conforming Loan Limits Jump $79,000, Giving Borrowers Plenty of Mortgage Options

Last week the Federal Housing Finance Agency (FHFA) announced the new conforming loan limits (CLL) for mortgage loans in 2023 and based on U.S. home price growth, they are increasing to 12% for the coming year. The new conforming limit will be $726,200 fo

Jan 19, 2023 | Purchasing a Home Refinancing a Home

Loan Level Price Adjustments (LLPAs) Explained

Loan Level Price Adjustments (LLPAs) Explained

Loan Level Price Adjustments (LLPAs) are additional fees implemented by the Federal Housing Finance Administration (FHFA) on certain types of mortgage loans. These fees are designed to account for the increased risk associated with certain loan characteri

Jan 19, 2023 | Homeowner Tips Conventional Loans

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