Advanced Home Funding
in Home Purchase Mortgages from Advanced Home FundingUnaffiliated
|Loan Amount||Up to $3,000,000|
|Loan Term (Years)||N/A|
Advanced Home Funding Review
Where does Advanced Home Funding do business?
Advanced Home Funding is a direct lender based in Brentwood, TN. The company was founded in 1996 and offers mortgages to borrowers in 1 state.
How much can you borrow via Advanced Home Funding?
Advanced Home Funding allows borrowers to apply for loan amounts of up to $3,000,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.
Does Advanced Home Funding charge a mortgage origination fee?
Yes, Advanced Home Funding may charge a loan origination fee.
What mortgage programs does Advanced Home Funding offer?
Advanced Home Funding offers the following mortgage types:
- Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
- FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.
What property usage types does Advanced Home Funding allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Advanced Home Funding allows the following property usage types:
- Primary home