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minnesota mortgages: Twin Cities Mortgage Guidelines vs National Mortgage Guidelines - 01/08/10 03:54 PM
Guess what?  They're all the same.  While regional banks may make some up some of their own guidelines and criteria, Fannie Mae, Freddie Mac, FHA, and VA have national standards.  In addition, various lenders will put their own credit overlay on top of these guidelines to lower their risk.  True portfolio lenders can make up their own guidelines-as long as they don't violate any federal or state regulations and guidelines.
Here is a nice article that explains the evolution of the restrictive criteria involved in getting a mortgage.  The pendulum has certainly swung the other way.  Today, things are too tight.  … (0 comments)

minnesota mortgages: Credit and Credit Reporting-The Importance of Credit When Obtaining A Mortgage - 06/03/08 05:35 PM
Minnesota mortgage broker videos We at Venture Development have had these videos produced to educate the public on various topics. This specific video reviews the topic of credit and credit reporting as it pertains to the mortgage process. If you have any credit questions as they might pertain to your ability to get a mortgage loan in the Twin Cities or throughout Minnesota-give us a call at 952-285-4319. We are able to do FHA, VA, Conventional, first and second mortgages. Here are a list of the movies you can view: Visit our website http://www.ventureloanapp.com Interest only-is it right for me? All … (0 comments)

 
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Patti Mazzara NMLS #333279

Edina, MN

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Venture Development Inc NMLS #373115

Address: 7300 France Ave S #410, Edina, MN, 55435

Office Phone: (952) 285-4319

Cell Phone: (612) 237-6277

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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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