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

Follow me
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
WHAT IS YOUR INTEREST RATE is a question I hear everyday, right along with "WHAT ARE YOUR CLOSING COSTS? But it's NOT about rate or cost, it's about the best deal for you. So why does every homebuyer focus on rate? Because they have been socially conditioned to do so by: Every commercial Every fr...
What is a Lender Credit on my mortgage estimate?Minneapolis, MN:  Face it, when buying a home, getting a mortgage loan and understanding all the fees and closing costs can sometimes feel a bit overwhelming.Many of the items are pretty easy and straight-forward to understand; an appraisal for exam...
What is the Lender Criteria for Approving Home Mortgage Loans?   Buying a home is a dream for most Americans.  The process is time consuming, paperwork intensive, and can seem overwhelming to many people. The reality is that the process, like anything other unknown in your life, really isn't as ...
Mortgage Interest Rates are AWESOMEIn terms of standard conventional 30-yr fixed mortgage rates, the BEST we've ever seen was for just a few days in 2012, when the best clients could get 3.125% - 3.25%.Mortgage interest rates dipped back to 3.25% for a brief time back in July 2016, but since then...
Why free credit report scores are not accurate Minneapolis, MN:  As a mortgage loan officer, every single day, someone tells me their credit score they received from Credit Karma, some "free credit report" web site, their Discover Card statement, or even directly from the actual credit reporting ...
Can You Have Multiple VA oans at One Time? Minneapolis, MN:  It is potentially possible to have more than one VA home loan at the same time.  It all depends on your VA Entitlements, if they are used, and how much is used.A great example situation might be that a military person had a VA home loan...
How to find the best mortgage lender using these tips.Buying a home for most people is the largest financial transaction of your life. Finding a Loan Officer  that is licensed, educated, experienced, professional and ethical is probably the most important decision you'll make next to actually pic...
USDA to cut loan mortgage insurance costsThe USDA Rural Housing home loans will soon get  cheaper for homeowners with lower mortgage insurance costs, making these no down payment home loans even more affordable.USDA announced last month that it was lowering its upfront mortgage insurance premium ...
5 Low Down Payment Home LoansMinneapolis, Minnesota:  Face it, for most people, the biggest obstacle to buying a home is a lack of down payment.  Here are 5 low down payment home loan options to help you get into your own home.Zero Down Payment VA Loans: Available for U.S. Military personal, both...
First-time home buyers finding it more difficult to buyMinneapolis, MN:  It's going to be a tough home-buying market this spring, especially for first-time buyers or even people looking to move up into a just slightly more expensive home. As the housing market continues to improve, we again are s...

Joseph Metzler

Sr Loan Officer
Free Loan Consultation
Spam prevention

Additional Information