Minnesota Mortgage Blog - Mortgage and Real Estate News You Can Use

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Mortgage and Lending - Mortgages Unlimited, Inc - NMLS 274132
Mortgage industry news and insights from a 15+ year industry expert. Mortgage and Real Estate News You Can Use
July home sales highest since 2007  Real estate sales continued at a brisk pace for the third month in a row in July, giving the best numbers since 2007.According to data from NAR (The National Association of Realtors), existing home sales rose 2% in July to an adjust annual rate of 5.59 million....
Millennials can, and still want to buy homes. While it is true the American dream of home ownership is harder to achieve than in the past, it isn't impossible. Young adults, more than ever in the past may be delaying home ownership because of student loan debt, and fear of the stability of their ...
Lets face it, buying a home is scary.  Especially for first time home buyers.One of the big fears is job loss, and inability to make their mortgage payment if they lose their job. When looking at foreclosure statistics, many of the people who had a short-term job loss or gap in employment simply ...
The Importance Of Full Lender Pre-Approval Minneapolis, MN:  Initial mortgage loan pre-qualification and full lender pre-approval are two of the most important steps you can take towards owning a new home. In most areas, Real Estate Agents either won't even show you homes, or for sure, will not l...
Don't risk your Real Estate LicenseMany Real Estate Agents put their license at risk on a daily basis without knowing it.  Is this you?Title RiskDid you know that most states have insurance solicitation laws that may apply when you refer a client to an in-house title firm (or one with which you h...
 Common Work Orders and Repairs Required When Getting An FHA Loan | FHA Loans | FHA after a Short Sale or foreclosure |  FHA 203(k) Fix Up Loan | FHA streamline Refinance | FHA LOAN LIMIT Lookup Tool |When obtaining an FHA home loan, not only does the lender look at you (credit, income, debt rati...
The new mortgage disclosure rules, commonly known as TRID has been delayed...   TRID Delayed          The day we've all been dreading has been pushed back a couple of months.  The CFPB announced that implementation of the new discosures will not take effect until October 1, giving us all a few mo...
Minneapolis, MN:  Many people believe that if you call around to enough lenders, that you will find someone offering a great deal.  The reality is that it doesn't really work that way.  We generally say that if you call around to enough lenders, all you are likely to do is find the biggest liar.A...
Mortgages Unlimited’s Loan Officer Joe Metzler, out of their St. Paul, MN Office, has been recognized as one of the Top 100 Loan Officers in the Nation by Origination News, coming in at number 98. Read the list at http://tinyurl.com/ljqqkbj This is another is an ongoing set of accomplishments fo...
Fannie Mae announced a new HomePath Ready Buyer program.For qualifying first-time homebuyers to receive up to three percent of the purchase price in closing cost assistance toward the purchase of a HomePath property upon completion of an online homebuyer education course.Fannie Mae HomePath homes...

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