Frequently Asked Mortgage Questions

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):

Low Down Payment Mortgage Options - FHA Loan vs Conventional Loan

Low Down Payment and First Time Home Buyer Programs 2018 Edition

100% FHA! Conventional 1% down mortgage + 2% down payment assistance! What are Low Down Payment, First Time Home Buyer Programs 2018? First Time Home Buyer Programs 2018 Edition What are the low down payment mortgage and first time home buyer programs available in 2018? VA still offers 100%, zero-down financing. But what if you’re not […]

How much house can I afford?

How Much House Can I Afford? Insider Tips and Home Affordability Calculator

Affordability is based on: your monthly mortgage payment + other monthly payments = <36% of your gross monthly income. Mortgage lenders will often approve higher; qualified mortgages allow up to 43%. Calculate how much house you can afford with a home affordability calculator. ‘How Much House Can I Afford?’ (The Definitive Guide) Updated with 2017 Industry […]

First Time Home Buyer Class Minneapolis - New Mortgage Programs

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 Home Buyer Class Minneapolis is on Monday, March 12th, 2018 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 […]

First Time Home Buyer Class Minneapolis

First Time Home Buyer Class Minneapolis – New Mortgage Programs @ Lake Harriet

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 class is located at Lake Harriet Upper School in South Minneapolis, MN on Wednesday, February 7th, 2018 from 6:30-8:30 pm. In the class, you’ll discover the newest mortgage financing options […]

First Time Home Buyer Class MN

First Time Home Buyer Class MN – Upcoming Classes!

First Time Home Buyer Class MN 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: Wednesday, February 7th, 2018 – Mortgage Financing: An In-Depth Look at The New Mortgage Programs (Lake Harriet) @ […]

FHA Loan Limits 2018

FHA Loan Limits MN 2018 – Updated!

FHA Loan Limits MN FHA loan limits are one of the FHA Loan Requirements. Related: Low Down Payment Mortgage Options – Conventional vs. FHA 2018 showed an increase in the Twin Cities Metro area for Single Family Homes, Duplexes, Triplexes, and Fourplexes. Median Home Sales Prices have increased in 2018 for Minneapolis and Saint Paul […]

FHA Loan Limits 2018

Loan Max VA & Conforming Loan Limits 2018

Loan Max – VA Loan Limits and Conforming Loan Limits Loan Max Updated and Increased for 2018 – VA Home Loan limits match Conforming Loan Limits. See VA Loan Benefits. Conforming Loans are considered any loans that are purchased by Fannie Mae and Freddie Mac that the loan max is under the below loan limits. Any […]

fha 100 down

FHA 100% – 0 Down Payment!

FHA 100% If our 1% down payment + 2% lender contribution Conventional financing doesn’t work for you, it’s worth exploring our FHA 0% down option. No down payment required! FHA 100% program details – unlike other first time home buyer programs: You do NOT have to be a First Time Home Buyer – this program […]

Questions to Ask Your Home Inspector during your Home Inspection

6 Questions to Ask Your Home Inspector during Home Inspection

6 Questions to Ask Your Home Inspector During Your Home Inspection by Guest Author – Kris Lindahl Getting a home inspection is very important. It can protect you from purchasing a home that has a lot of problems, or that costs more than it should, based on its issues. Sometimes home inspectors miss things, but […]

10 mortgage mistakes to avoid

Careful! Watch out for these Top 10 Mortgage Mistakes

Top 10 Mortgage Mistakes to Avoid! Do you want a successful, timely closing? Mortgage mistakes can be costly! Once you apply for a Mortgage, there are 10 things that you should be careful not to do during the mortgage process (or risk your loan not closing on time or at all!) When possible, try to avoid these mortgage mistakes: […]

Open Houses in Blaine MN

Open Houses in Blaine MN – February 2017

Open Houses in Blaine MN Looking for something to do? What better way to spend your time than looking at houses! Below are the upcoming Open Houses in Blaine, MN: View Pictures of the Open Houses in Blaine MN 4509 121st Avenue NE , Blaine, MN 55449 $479,900 2/8/2017 2:00 PM – 5:00 PM 4527 121st […]

Home Appraisal vs Home Inspection

Home Appraisal vs Home Inspection – What’s the Difference?

Home Appraisal vs Home Inspection What is the difference between a home appraisal vs home inspection? Are either required? This Real Estate Video features Dave Widell, REALTOR ®, with ReMax Advantage Plus. His office is located in Blaine, MN. Dave believes that your agent should be working for you, not their own bottom line. He can be […]