In this market it takes an extraordinary amount of energy to get a loan closed with new regulations, lenders changing their guidelines and rates shooting up and down. Are you working with the right Loan Officer? For most people, a home is the biggest investment they will ever make. However, few p
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07/31/2013
Senate bill S.1375, the "Rebuilding American Homeownership Act" has been introduced by Senator Jeff Merkley, D-OR to try and expand the existing HARP (Home Affordable Refinance Program". This has been called by many as "HARP 3", and is designed to allow loans not currently owned by Fannie Mae of
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07/29/2013
Minneapolis and St Paul area home sellers continue to see an upward climb in the value of their homes. The median sales price soared up 17.5 percent over last year. According to the Minneapolis Area Association of REALTORS®, the June 2013 average value was $210,000, the highest it’s been since
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07/25/2013
In the 20+ years I've been originating loans, there has always been a bit of tension between Loan Officers and Real Estate Agents. While we both have some knowledge or what each other does, little things on both sides can drive us crazy. I firmly believe every Loan Officer should spend a week gl
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07/08/2013