Teri L. Pierce

NMLS # 279973

801-272-0600

teri@advancedfunding.com

Teri L. Pierce Mortgage Loan Advisor

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Navigating the Mortgage Approval Process as a Gig Worker

Navigating the Mortgage Approval Process as a Gig Worker

In today's evolving workforce, traditional employment models are being replaced by more flexible arrangements, such as gig work. Many individuals are embracing the freedom and autonomy that gig work provides, but when it comes to securing a mortgage, gig

Mar 21, 2024 | Purchasing a Home

Existing Home Sales Frothy in February

Existing Home Sales Frothy in February

Sales of existing homes surged in February, up nearly 10% from January to an annual rate of 4,380,000 versus the 3,950,000 expected. It was the largest monthly gain in a year. Digging into the numbers ... the median existing-home sales price rose 5.7% fro

Mar 21, 2024 | Mortgage News

Housing Starts Jump in February

Housing Starts Jump in February

Housing Starts in February were at an annual rate of 1,521,000 versus 1,430,000 expected, up 10.7% from January and 5.9% above the February 2023 rate of 1,436,000. Single‐family housing starts in February were at a rate of 1,129,000, up 11.6% from January

Mar 19, 2024 | Mortgage News

The ABCs of Home Loan Options: A Guide for Teachers and Educators

The ABCs of Home Loan Options: A Guide for Teachers and Educators

Buying a home is a significant milestone in anyone's life, but for educators, the journey might feel like a complex lesson plan. Thankfully, there are tailored home loan options designed to make this process smoother for teachers who dedicate their lives

Mar 19, 2024 | Purchasing a Home

Embracing the Golden Years: A Guide to Buying a Second Home as a Retiree

Embracing the Golden Years: A Guide to Buying a Second Home as a Retiree

Retirement signifies not merely the cessation of a professional trajectory but rather the inauguration of an entirely novel chapter—one that many retirees find synonymous with the pursuit of a second home. Whether it be an idyllic beachside retreat,

Mar 14, 2024 | Purchasing a Home

Using the FHA 203(k) Loan to Renovate Your Home

Using the FHA 203(k) Loan to Renovate Your Home

Are you envisioning the transformation of your outdated fixer-upper into the home of your dreams? Are you on the hunt for a house with hidden potential, but concerned about the financial burden of renovations? Look no further, my friend. Allow me to intro

Mar 12, 2024 | Refinancing a Home

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