Archie W. Owen

NMLS # 2069038

801-272-0600

archie@advancedfunding.com

Archie W. Owen Mortgage Loan Advisor

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Communication: Proactive Methods to Improve Business

Communication: Proactive Methods to Improve Business

I once heard the expression, "Communication is the lubrication in your organization." That couldn't be truer, especially in the world of business. You simply can't over-communicate when dealing with clients. I find that the best way to e

Oct 17, 2018 |

Closer Look at Third-Party Fees

Closer Look at Third-Party Fees

Most people don’t need to be told that buying a home is a big deal. Between a down payment, closing costs and being saddled with a sizable loan that’s going to take a while to pay off, there’s going to be a lot of cash flowing from the b

Oct 17, 2018 | Mortgage Basics

Home Sales Fall 11.6% from Last Year

U.S. home sales dropped 11.6% in September from the previous year, according to the RE/MAX National Housing Report. At the same time the median sales price rose 5.6% to $241,000, the 30th straight monthly increase in year-over-year prices. Available inven

Oct 16, 2018 | Mortgage News

Understanding Interest Rate Locks

Understanding Interest Rate Locks

Until the interest rate is locked, the credit you receive (or the price you pay) for an interest rate can change minute by minute. Once your interest rate is locked, as long as your loan closes within the allocated lock period, your interest rat

Oct 12, 2018 | Interest Rates Mortgage Basics

How to Qualify for a Mortgage When Your Income Isn’t Steady

How to Qualify for a Mortgage When Your Income Isn’t Steady

Mortgage brokers and lenders love to see borrowers with consistent, steady incomes. But not all borrowers have jobs that send a paycheck every two weeks. Of course, there are plenty of self-employed entrepreneurs, but there are also people who depend on t

Oct 10, 2018 | Home Buying or Selling

Mortgage Foreclosures Fall to 12-Year Low

As the unemployment rate has continued to improve, more Americans, including Utahns, have been able to keep up on their mortgage payments, pushing the national foreclosure rate to its lowest point since 2006. According to data from CoreLogic, foreclo

Oct 09, 2018 | Mortgage News

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