down payment assistance: Can you get pre-approved in 10 minutes on your cell phone?
- 02/21/18 10:24 AM
The danger of automated mortgage pre-approvals via your cell phone Can you get pre-approval in 10 minutes on your cell phone? Yes. Should you? Probably not. It's 2018 as I write this, advancements to our lives, along with instant gratification is everywhere. Why go to the store when you get better selection and two day shipping from Amazon. No need for old fashion video stores, everything is on Netflix, Amazon Prime video, or your HBO Go app. Twitter, Facebook, the internet, and of course Smartphones and iPads have replaced home computers for many people.
So it is no surprise that many … (1 comments)
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down payment assistance: Down Payment Assistance Program in Minnesota
- 09/12/17 11:51 AM
Face it, lack of down payment money is a huge obsticle for many potential home buyers. But we make dreams come true with our first time home buyer and down payment assistance loansWhat do these loan programs have to offer first time homebuyers in MN?
Down payment assistance helps you get into a home today.
30-year loans with affordable, low, fixed interest rates for the life of the loan
Interest-free loans to help with down payment and closing costs for eligible borrowers
Mortgage Credit Certificates - Which can be used to lower your taxes up to $2,000 a year.
You may … (2 comments)
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down payment assistance: Reasons why you can buy a home with a very small down payment
- 07/11/17 10:01 AM
Reasons why you can buy a home with a very small down payment The lack of down payment money is by far the biggest reason people do not believe they can buy a home.
A recent survey even indicated a whopping 44% of non-homeowners thought you needed at least 20% down payment, and that simply isn't true for most home buyers. Clearly mortgage companies and real estate agents need to do a better job of educating non-home owners. The reality is very few people need anywhere close to 20% down payment, and most people can buy a home in the areas … (0 comments)
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down payment assistance: Low down payment, no down payment mortgage loans in 2017
- 12/29/16 01:39 PM
Minneapolis, MN: Just 10-years ago, 30-year fixed rates were 6.125%, and the real estate market was hot. With rising interest rates, 2017 may be a bit more challenging for home buyers. But the biggest challenge for most people who wish to buy a home is down payment.
You do not need 20% down payment to buy a home! I repeat, you do not need 20%. This large down payment myth has been around forever, but it simply isn't true for the vast majority of people buying their first primary residence. There are many program that allow for no down payment, or low down payment. Some jumbo loans … (0 comments)
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down payment assistance: Minnesota First Time Home Buyer Programs
- 10/14/16 02:29 AM
FIRST TIME HOME BUYER PROGRAMS in MNLet us help you pick the best mortgage loan from our many options
Our first time home buyer programs are designed to assist those buying a home for the first time. Our loan specialist will walk you through the entire home buying process to insure that you never feel without an experienced helping hand.
Mortgage loan programs like FHA Loans, VA Loans, FHA 203k Loans, USDA Rural Housing, and down payment assistance loans of all kinds are designed to make it a little easier for first time home buyers to achieve the dream of … (0 comments)
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down payment assistance: 5 Low Down Payment Home Loans
- 05/04/16 02:12 AM
5 Low Down Payment Home LoansMinneapolis, Minnesota: Face it, for most people, the biggest obstacle to buying a home is a lack of down payment. Here are 5 low down payment home loan options to help you get into your own home.
Zero Down Payment VA Loans: Available for U.S. Military personal, both current and former is a no down payment loan with no mortgage insurance. By far the most amazing home loan available. Get VA Loan information USDA Rural Development Loans: Available for those wishing to buy in rural areas. This program is no down payment required. Income limits apply. Get … (0 comments)
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down payment assistance: Down Payment assistance in Minneapolis, MN
- 09/28/15 05:52 AM
Minneapolis Down Payment AssistanceOwn Your own Home!The City of Minneapolis, in partnership with Minnesota Housing, the Minnesota Homeownership Center, and Mortgage lenders like us here at Mortgages Unlimited are getting together to provide access to down payment assistance, quality, affordable mortgages and free, non-biased housing experts that can help you become a successful home owner!
Maybe you’ve thought homeownership wasn’t possible, or you didn’t know where to start. Maybe you thought your credit wasn’t good enough or you haven’t saved enough for a down payment. We can help!
Down Payment Assistance – Homeownership Opportunity Minneapolis
The City of Minneapolis wants to make affordable homeownership … (0 comments)
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down payment assistance: Millennials, YES YOU CAN buy a home!
- 08/21/15 03:31 AM
Millennials can, and still want to buy homes.
While it is true the American dream of home ownership is harder to achieve than in the past, it isn't impossible. Young adults, more than ever in the past may be delaying home ownership because of student loan debt, and fear of the stability of their young careers. But they are still buying homes, just a few years later in life than in the past.
According to data from Zillow, in the 1970's, first time home buyers on average had rented for just 2.6 years prior to buying a home, and was about 30-years … (1 comments)
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down payment assistance: Share of homes bought by first time homebuyer up
- 08/21/14 03:38 AM
According to a recent survey, first time homebuyers share of real estate purchases accounted for 37.2% of all homes bought in July 2014, based on a 3 month average.
This is the highest level since January 2011, and up from 36.2% of the market in July 2013.
Homes bought with cash declined from a 12-month high of 30.5% in February 2014, to just 26.70% in July 2014. Most homes bought with cash are from investors looking to repair and flip the home, and just a small percentage are true homeowners buying with cash.
Popular first time home buyer loan programs … (1 comments)
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down payment assistance: What are First Time Home Buyers First Steps?
- 03/25/14 12:55 AM
First Step for a First Time Home Buyer Minneapolis, MN: Congratulations, you've decided that you would like to own you own home. As a first time home buyer, what should be your first step to home ownership?
Consult a Local Mortgage Loan Officer The vast majority of people, in my opinion, start the process wrong, by talking to a real estate agent first. Without fail, the number one step to home ownership is to talk to a local mortgage company Loan officer.
Why? Simple, how do you know what you can afford, what mortgage programs are available to you, or how … (0 comments)
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down payment assistance: Down Payment Assistance and Grants for first time home buyers in Minnesota.
- 12/06/13 03:56 AM
Down Payment Assistance and Grants for first time home buyers in Minnesota.
We have several programs in Minnesota with varying levels of down payment assistance. Up to $10,000 is available in assistance for those who qualify. Most people get much less, usually between $3,000 to $5,000. All programs have different qualifications and quidelines. Please visit our special down payment assistance website to get more information from a licensed Minnesota Loan Officer and down payment assistance specialist.
First Time Home buyers can take advantage of down payment assistance and grants available in Minnesota. First time home buyers typically qualify if they … (0 comments)
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down payment assistance: Low down payment loans other than FHA Loans to consider
- 10/22/13 06:06 AM
Now that Fannie Mae is ending 3% down program. Are there other low down payment options besides FHA?
The good news is YES!
Once Fannie closes their 97% LTV door many state Housing Finance Agencies will still continue to offer 97% programs, and it’s still a much better option for many buyers than the now grossly overpriced FHA loan.
Check with a good loan officer in your state for what is available in your area, but here in Minnesota, we have a great program available through the Minnesota Housing Finance Agency. Similar guidelines should be available in most states.
3% … (0 comments)
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The danger of automated mortgage pre-approvals via your cell phone Can you get pre-approval in 10 minutes on your cell phone? Yes. Should you? Probably not. It's 2018 as I write this, advancements to our lives, along with instant gratification is everywhere. Why go to the store when you get better selection and two day shipping from Amazon. No need for old fashion video stores, everything is on Netflix, Amazon Prime video, or your HBO Go app. Twitter, Facebook, the internet, and of course Smartphones and iPads have replaced home computers for many people.
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