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

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Mortgage industry news and insights from a 15+ year industry expert. Mortgage and Real Estate News You Can Use



Minneapolis, MN:  Headlines are screaming Average mortgage rates dropped.  Wow, super cool. Especially if you are actively in the home purchase or refinance market.  Unfortunately, just like so many other things, the devil is in the details.-------------From June 29, 2018----------------We live i...
Minneapolis, MN:  Looking to purchase a home in the near future?  The lack of down payment is a big hurdle for many people. But did you know you can use a gift for down payment? Most loan programs allow for a gift for either some, or all of your homes down payment, including FHA loans and convent...
Home shopping? Get Pre-Approved First Minneapolis, MN: People often make the mistake of starting a home search without knowing what they actually qualify for. Falling in love with a $400,000 home and finding out you qualify for $200,000 can be heartbreaking. Thinking a loan approval will be easy...
Minneapolis, MN:  Not every potential home owner fits the cookie cutter guidelines of most traditional loans, especially the self-employed person. The mortgage industry had plenty of alternative options for self employed right up until the housing crash in 2007, including bank statement loans, st...

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