Teri L. Pierce

NMLS # 279973

801-272-0600

teri@advancedfunding.com

Teri L. Pierce Mortgage Loan Advisor

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5 Tips for Buying an Investment Property in Utah

5 Tips for Buying an Investment Property in Utah

Adding real estate to your investment portfolio can be a great asset… if done correctly. Buying a property to flip or rent out has different mortgage requirements than a primary residence. There are always hidden costs that need to be anticipated a

Jun 19, 2019 | Home Buying or Selling

How Do I Get Rid of Private Mortgage Insurance (PMI)?

How Do I Get Rid of Private Mortgage Insurance (PMI)?

Private mortgage insurance (PMI) is typically required by mortgage lenders when borrowers contribute less than 20% of the home’s value as a down payment. This insurance protects the lender, not the homebuyer. If the loan borrower defaults on the mor

Jun 12, 2019 | Conventional Loans

Another Week, Another Decline

Another Week, Another Decline

"Let the Good Times Roll" - Good Times Roll by The Cars For the sixth consecutive week, home loan rates declined, once again fueled by the ongoing trade tensions between the US and China. However, the decline in rates was halted on the no

Jun 11, 2019 | Mortgage News

Home Projects for the Family

Home Projects for the Family

Getting children involved in home projects can be a fun way to share time with your kids and still get the chores done. But how do you combine the two without pulling out your hair keeping kids from getting hurt or just making a mess? These home projects

Jun 08, 2019 | Homeowner Tips Lifestyle

Benefits to Mortgage Debt

Benefits to Mortgage Debt

In order to buy a house, most Americans, including Utahns, take on a mortgage loan. While debt is usually to be avoided if possible, when it comes to a mortgage there may actually be some financial benefits for borrowers.   Liquidity If you du

Jun 05, 2019 | Credit Mortgage Basics

Mortgage Rates Fall for 4th Straight Week

Mortgage Rates Fall for 4th Straight Week

Long-term mortgage rates dipped in the latest week, according to Freddie Mac, marking four consecutive weeks of declines. The average rate on a 30-year fixed-rate mortgage (FRM) slipped to 4.06% with an average 0.5 point for the week ended May 23, do

May 30, 2019 | Mortgage News

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