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twin cities mortgage broker: Minneapolis St Paul Homes Financed With 95% Minnesota Conventional Loans! - 01/27/10 11:36 AM
Yes-at least for now-it IS possible. It IS also available for first time buyers. If FHA is not an option or you want to contrast it with conventional option, consider this loan. Interest rates-which change daily and by the minute-were recently advertised at 3.75% for a 5/1 ARM. Imagine that payment!!
Here are some of the qualifying criteria:
95% financing maximum in one loan
1st Time buyers OK
700 minimum Fico score
Single Family and PUD's ONLY
41% maximum debt ratio
2 months of buyer payment reserves required
Seller CAN pay up to 3% of the closing cost
It this loan … (0 comments)
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twin cities mortgage broker: Edina Minnesota Mortgage Broker Outlines Options for First Time Home Buyers - 09/24/09 11:43 AM
Minnesota Mortgage Broker Can Outline Your OptionsRenters Have Much to Gain by Pursuing Home Ownership By Patti Mazzara, Vice PresidentVenture Development Inc.
Edina, MN - Buying a home vs. renting is a big decision that takes careful
consideration, as most mortgage consultants will agree. But the rewards of home
ownership are great. For many years, purchasing real estate has been considered an
extremely profitable investment. It is an achievement that offers a sense of pride,
financial stability and potential tax advantages.
Yes, there are certain responsibilities associated with owning a home. Landlords
will often argue the benefits of renting, and for … (0 comments)
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twin cities mortgage broker: MN Mortgage Broker Discusses Options for Borrowers After Their Bankruptcy - 09/24/09 11:01 AM
Minnesota Mortgage Broker Discusses Life After Bankruptcy - Is It Possible?
Edina, MN - Bankruptcy is an uncomfortable subject for a variety of reasons. The
most obvious is the potential havoc it can wreak on your finances when obtaining a
mortgage loan. Running a close second is the negative stigma which is often attached
to the process. This negativity is important to mention because strong emotions can
sometimes lead to unsound financial decisions with devastating results.
Bankruptcy becomes a viable option for someone who is "upside down" in terms of cash
flow. In other words, when a person has more money … (0 comments)
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twin cities mortgage broker: Credit Scoring-Part 1-From Twin Cities Mortgage Broker - 12/13/08 06:32 PM
I am going to be posting 4 parts to credit scoring. We frequently discuss credit with borrowers as to how it impacts their ability to obtain a mortgage. Patti has an affiliate relationship with a Minnesota credit restoration agency and would be happy to discuss their services with you.
Credit Scoring
Part I: Good Credit Translates into Lower Rates for the Consumer
In the 1960s, Fair Isaac Corporation started working on a system lenders could use to evaluate the likelihood of receiving repayment on loans. Prior to that, it was really a matter of trusting an individual to be a "man of … (0 comments)
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twin cities mortgage broker: Minnesota Corporate mortgage benefit program available from Twin Cities mortgage broker - 07/13/08 01:55 PM
New Employee Benefit available to you from your Minnesota Mortgage Broker-Venture Development
Venture Development has teamed up with HomeBenefitIQ to offer local Minnesota companies a FREE employee benefit. This benefit is available to employees whose firms have chosen to become a sponsor. We conduct onsite meetings to educate employees about their mortgage and real estate options. Even if you choose not to use our services in these areas, you will still be able to utilize the Member Privileges-which is a collection of major name brand companies that is will to offer discounts on their services.
Would you like to learn more? Please … (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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