fha loan: Surviving Unsuccessful Offers
- 03/15/22 07:10 AM
Minneapolis, MN: It is no secret that buying a house in today's market can be a challenge with the low inventory of homes for sale, and having to make multiple offers before successfully buying a home.
Falling in love with a home, and then having your offer rejected is no fun, and if you've been through a few rejections, definitely discouraging.
Here are a few thoughts to mentally stay in the game, and potential options to make your offer stronger.
Remember, it's not really 'you' that is getting rejected. In a multiple offer game, especially these crazy 10, 15, 20+ offer homes, being … (4 comments)
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fha loan: Trust your neighbor, mortgage shop local tips
- 06/29/21 07:08 AM
Minneapolis, MN: When in need of home financing, most people have no idea who to turn to for their mortgage. Old school advertising, like radio and TV are still around, but in the digital age, we are now bombarded with ad's for mortgage companies all over the internet, and all your social media platforms, which can lead you to fall for the myth of better mortgage deals with big outstate internet lenders.
So is it good to use a big internet lender?
Will you get your loan? Sure, but the reality is that most mortgage deals from the big internet lenders are actually worse, not … (1 comments)
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fha loan: Down payment requirements
- 09/25/19 01:37 PM
Minneapolis, MN: Are you wondering how much you may need to save for your new home?
It may not be as much as you think!
O Down PaymentThe VA Loan for our military personal and the USDA rural housing loan both offer a zero down payment loan program for individuals and/or properties that meet their criteria. Sometimes this can be done with little to no cash out of pocket.
3% Down PaymentThere are conforming conventional first time home buyer loan programs, like HomeReady from Fannie Mae and Home Possible from Freddie Mac only require a small 3% down payment. You may even be able to fund your down payment with gifts, grants, … (1 comments)
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fha loan: 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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fha loan: 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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fha loan: Tips for buying Fixer-Upper Homes in MN
- 10/31/13 04:22 AM
Tips for buying Fixed-Upper Homes In the market today, many homes are in need of a little tender loving care. Buying one of these properties can be a great deal, while the next one could be a money pit. The following are some tips to make sure the fixer-upper you are looking at is a great opportunity.
Know your limits I've bought and sold homes needing repair, and I've learned a lot over time. A big item to consider is knowing your limits. Not everyone is Bob Villa. Know what sort of repairs jobs you can safely handle, and which ones … (1 comments)
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fha loan: Do You Qualify for a Mortgage?
- 09/03/12 12:19 AM
Do You Qualify for a Mortgage?
Minneapolis, MN: Every year, millions of potential new home owners ask the question, "can I qualify for a mortgage?" It’s a scary question for many people, but getting the answer isn't anywhere as hard or difficult as people think. First, ask yourself some of these basic questions, then contact a local licensed non-bank lender and fill out an application. There are no obligations to let a lender review your situation.
Can I afford the payment? This is obviously a major questions. I always tell people if they have been comfortably making a rent payment … (1 comments)
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Minneapolis, MN: It is no secret that buying a house in today's market can be a challenge with the low inventory of homes for sale, and having to make multiple offers before successfully buying a home.
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