Rhonda L. Jensen

NMLS # 261050

801-272-0600

rhonda@advancedfunding.com

Rhonda L. Jensen Mortgage Loan Advisor

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What is an ARM loan?

What is an ARM loan?

While fixed-rate loans are one of the most popular choices for mortgage loans, there is another choice: the adjustable-rate mortgage or ARM loan. If you’ve ever wondered what an ARM loan is or why anyone would want one, here is what you need to know

Jun 17, 2020 | Interest Rates Mortgage Basics

You Can You Still Get a Home Loan with Tighter Standards

You Can You Still Get a Home Loan with Tighter Standards

Since the coronavirus outbreak began, millions of Americans, including Utahs, have filed for unemployment. The resulting fear about being unable to pay for expenses has caused more than 3.5 million homeowners to apply for mortgage forbearance to date. Tha

Jun 10, 2020 | Mortgage News

Understanding Mortgage-Related Insurance

Understanding Mortgage-Related Insurance

When you buy a home with a mortgage, you will be required to pay all sorts of insurance, including homeowner’s insurance, title insurance, and private mortgage insurance. What are all these policies and why do you have to pay for them?   Homeo

Jun 03, 2020 | Mortgage Basics

FHFA: Borrowers in Forbearance CAN Refinance

FHFA: Borrowers in Forbearance CAN Refinance

The onset of the COVID-19 crisis has forced millions of Americans into unemployment, resulting in over 4.1 million homeowners applying for mortgage forbearance. There has been plenty of confusion about how the rules of forbearance – a payment deferr

May 27, 2020 | Mortgage News Home Buying or Selling

Is Now a Good Time for a Reverse Mortgage?

Is Now a Good Time for a Reverse Mortgage?

As the COVID-19 pandemic has roiled stock markets over the past few months, many Americans in or nearing retirement may be worried about their investment portfolios. Without the possibility to earn more money, more retirees, seeing a reduction in their ne

May 20, 2020 | Reverse Mortgage

The COVID-19 Housing Market is Better than the Great Recession Market

The COVID-19 Housing Market is Better than the Great Recession Market

Coronavirus shutdowns have spooked many homebuyers and sellers out of the market for now. Millions of homeowners have applied for mortgage forbearance in fear they will be unable to make their payments due to unemployment. Lenders have been concerned abou

May 13, 2020 | Home Buying or Selling Mortgage News

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