Do you have mortgage questions?
Discover answers to some frequently asked questions, industry updates, and other relevant news. If you can't find answers to your real estate and mortgage questions here, please ask us!.
Frequently Asked Mortgage Questions (FAMQ's):

How Much House Can I Afford? Insider Tips and Home Affordability Calculator
‘How Much House Can I Afford?’ (The Ultimate Guide) Hey there, future homeowner! We’re here to help you unravel the exciting world of home buying, specifically answering the question: ‘How Much House Can I Afford?’ Our Home Affordability Calculator is like your personal compass, guiding you towards the house of your dreams without breaking the […]

Low Down Payment and First Time Home Buyer Programs 2019 Edition
100% FHA! Conventional 1% down mortgage + 2% down payment assistance! What are Low Down Payment, First Time Home Buyer Programs 2019? First Time Home Buyer Programs 2019 Edition What are the low down payment mortgage and first time home buyer programs available in 2019? VA still offers 100%, zero-down financing. But what if you’re not […]

First Time Home Buyer Class Minneapolis – New Mortgage Programs
First Time Home Buyer Class Minneapolis Mortgage Financing: An In-Depth Look at The New Mortgage Programs About the First Time Home Buyer Class Minneapolis: This First Time Buyer Class Minneapolis is on Tuesday, October 17th 2023 from 6:30-8:30. You’ll discover the newest mortgage financing options available in today’s market, in a classroom setting. Down payments starting […]

Free First Time Home Buyer Class MN – Online Options! – Upcoming Classes!
First Time Home Buyer Class MN Upcoming First Time Home Buyer Classes in Minnesota: Please click on the Class Name for More Information and to Register for the First Time Home Buyer Class MN: Tuesday, October 17th, 2023 – 6:30 – 8:30 PM – Minneapolis Community Education Class – Mortgage Financing: An In-Depth Look at The […]

Buy a Home with just 1% Down? Yes with the 1% Down Mortgage!
1% Down Mortgage It’s back! As of April 12th, 2023, the Buy a Home with 1% Down! You have 1%, the lender contributes 2%, giving you 3% Equity at closing-Available w/No monthly Mortgage Insurance option is back!! This program is only available for a limited time, so contact your local mortgage broker MLS Mortgage today! […]

First Time Home Buyer Class Minneapolis – How Much House Can I Afford
First Time Home Buyer Class Minneapolis How Much House Can I Afford in Today’s Market? About the First Time Home Buyer Class Minneapolis: This class is all new and located at Lake Harriet Upper School in South Minneapolis, MN now online! The class is on Tuesday, October 5th, 2021 from 6:30-8:30 pm. Wondering how much […]
How To Get Your Offer Accepted – 12 Strategies for a Sellers’ Market
We have a Mortgage / Real Estate Question and Answer weekly, today’s question was: ‘Some things that you can do to help your offer stand out among the other offers is?’ Great question! How To Get Your Offer Accepted That is a very relevant question in today’s hot sellers’ market! So today we’re going to […]

Tax Day 2021 comes with Extra Time
Tax Day 2021 Tax Day this year comes with extra time again this year. The tax deadline has been extended to May 17, 2021 due to COVID-19. Do you have to pay this year? If so, did you budget appropriately for that? Are you getting a refund this year? If so, what are you doing with […]

Mortgage Insurance – Who needs it?
Who needs Mortgage Insurance? If you’re buying a house with less than 20% down payment, the answer is YOU. Mortgage Insurance is often abbreviated in the industry as “MI”. Some conforming home loans with less than 20% down do offer “No MI” or Lender-Paid MI. That option can be advantageous if you only plan to be […]

House Hack – How To Live Rent Free and Become Rich – New Class
House Hack How to Live Rent Free on Your Terms Hack your way into Home-Ownership and Financial Freedom with this new online House Hack Class. House Hacks Class Description: “Your home is said to be your biggest investment. In reality housing is likely your biggest expense. House Hacks will explore ways to “Hack” your current […]

Loan Max VA & Conforming Loan Limits 2021
Loan Max – VA Loan Limits and Conforming Loan Limits Loan Max Updated and Increased for 2021 – although the US Department of Veteran Affairs does not set a limit for VA Home Loans – most lenders do set limits and the VA Home Loan limits match Conforming Loan Limits. See VA Loan Benefits. Conforming Loans […]

How Much is a Down Payment on a House? – Do you have enough?
How much is a down payment on a house? That varies whether you are a First Time Home Buyer, repeat buyer, or qualify for any unique loan programs. For many people, the minimum is 3% of the purchase price with a Conventional Loan (up to your Conforming Loan Limits) or 3.5% for a FHA Loan […]

Meeting with a Mortgage Broker – Free Online Consultation
Meeting with a Mortgage Broker We’ve always offered meeting with a Mortgage Broker options for in-person and over the phone, but sometimes in-person is preferred. When you want (or have to) stay in the comfort of your home, we’re offering online video consultations via Zoom. Please contact us to schedule a time. We’re happy to […]
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