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fha 203k: Permanent mortgage financing for Minnesota homes-new construction end financing - 03/03/09 09:21 PM
CONSTRUCTION LOANS FOR MINNESOTA HOMES
We can usually provide the end mortgage financing when the home is completed. For rehab or construction money, we have the FHA 203K. We can offer you the 203K lite version as well as the full blown major 203K rehab. We may have other options as well. This is a product that changes rapidly. Call us to see what we can offer you based on your specific situation. Our financing options for this product are almost exclusively for the owner occupant-not investors. Our investor options are generally the "hard money" type of mortgage product.
As a Minnesota … (0 comments)
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fha 203k: FHA 203K Full Rehab Loan-Minnesota Mortgage Broker Can Offer This Loan - 01/07/09 05:39 PM
We have sourced and found an investor who will fund an FHA FULL rehab loan. This loan is a little more complex than the 203K streamline or "lite" product that is limited to 35K. We have posted both slide shares below so that you can view the differences. The greatest thing about BOTH of these types of loans is the ability of the borrower to get money to fix up the home. If you qualify for the full loan amount, you can get this loan. It will carry a slightly higher interest rate, but I feel it is certainly worth it. … (1 comments)
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fha 203k: Minnesota FHA mortgages and Nehemiah Down Payment Assistance Can Make A Zero Down Transaction Almost Possible - 03/31/08 11:23 PM
Edina Minnesota-Twin Cities MN-Greater Minnesota-almost 100% financing IS still possible through a unique gift program and seller paid concessions
Venture Development -your favorite MN mortgage broker-shares the secret!
Unless YOUR mortgage broker or mortgage lender is FHA approved, You may never hear about the down payment assistance program called the Nehemiah program. This is an approved private down payment assistance program. If you are short on cash, but can qualify based on income and credit, you might love this program.
Here is the abbreviated version:
NOW, more than ever before, buyers and sellers need to investigate this innovative program. Because Minnesota has been designated a declining marketplace, almost … (3 comments)
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fha 203k: FHA Loan Limits For Minnesota Mortgages Is Raised-MN Mortgage Broker - 03/06/08 04:18 PM
Venture Development-Minnesota Mortgage Broker-Edina Minnesota
Hot Off The Press!!!!
They have just released the new updated FHA loan limits. For Minneapolis -St Paul and the majority of the Twin Cities area the loan limit for single family homes has just been increased to $365K for single family homes. Mpls-St Paul are considered hight cost areas-not everywhere in our state are we considered high cost. This means that going forward, you will be able to finance more homes using FHA financing. FHA financing is important to borrowers who want to be able to take advantage of some of the unique features of FHA mortgage … (0 comments)
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Patti Mazzara NMLS #333279
Edina,
MN
More about me…
Venture Development Inc NMLS #373115
Address: 7300 France Ave S #410, Edina, MN, 55435
Office Phone: (952) 285-4319
Cell Phone: (612) 237-6277
Email Me
Learn about the Twin Cities real estate, minnesota real estate, minnesota home financing, minnesota mortgages, FHA, VA, Reverse Mortgages, Debt Consolidation, refinancing, first time buyer programs, interest only loans, Edina, Minneapolis and St Paul. Visit our mortgage site at http://www.ventureloanapp.com or http://www.edinamortgage.com
Patti Mazzara NMLS #333279
Venture Development NMLS #373115
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