Considering a Cash Out Refinance? Video, Maximums, & Calculators
Cash Out Refinance Home values have been increasing lately, and that means equity! Did you know that having equity in your home provides an excellent opportunity for a cash-out refinance? What could you do with a little extra money? This 46-second video has some ideas: Would you use cash-out to finance your dream vacation? Pay […]
10 Questions You Must Ask Your Mortgage Broker or Lender
10 Questions You Must Ask Your Mortgage Broker or Lender Mortgage brokers and their lending partners are an integral part of the home-buying process for many prospective homeowners. Mortgage brokers work as the intermediaries between you as the homebuyer and the lender offering various mortgage options. While you can get a mortgage on your own […]
What is an Appraisal on a House?
What is an Appraisal on a House? A home appraisal is used to determine the value of a house. It starts with a professional appraiser evaluating the home’s: Size Features Overall condition Additional considerations include: The Neighborhood What Similar Homes in the area have sold for in the past six months The home’s replacement cost […]
5 Mortgage Pre-Approval Tips to Get You Into Your Dream Home
5 Mortgage Pre-Approval Tips to Get You Into Your Dream Home Buying a home to call your own is a common financial goal among most adults. Home-ownership represents different things to different people. For many, it offers a sound strategy for accumulating wealth, while setting a steady foundation for the future. Purchasing a home is […]
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 […]
How to Obtain a Mortgage Pre-Approval – The Step by Step Guide
How to Obtain a Mortgage Pre-approval The home buying game is cutthroat enough, so to get the best deal you can get, you’ll want every advantage possible. Something you may not have considered is a home loan pre-approval. Maybe you’ve never heard of a pre-approval, or maybe you stopped after getting a mortgage pre-qualification. Either […]
How to Be Offered the Best Mortgage Rates
How to Be Offered the Best Mortgage Rates “Am I being offered the best mortgage rates?” As a Mortgage Loan Originator, I’ve had my share of that question. I also know it’s not a simple answer. Companies can’t guarantee they have the best mortgage interest rates. However, there are ways to improve your likelihood of being […]
18 Interview Questions to Ask a REALTOR ® (Real Estate Agent)
Selecting the right Real Estate Agent for you can be difficult. Below is a list of 18 interview questions to ask a REALTOR ®. Utilizing some or all of these questions during the interview will help you determine which Real Estate Agent is a good fit for you. 18 Interview Questions to Ask a REALTOR® […]
Shop Home Mortgage Lenders-Home Loan Toolkit
24 Steps to Obtain the Lowest Rate BEFORE Applying for a Home Loan – The Ultimate Insider Guide (Complete with Resources!): How-To Shop Home Mortgage Lenders Save Tens of Thousands on Your Home Mortgage (Plus Bonus Home Loan Toolkit Download!) BEFORE you apply for a home loan and shop home mortgage lenders, review the guide below […]
Private Mortgage Insurance – Your Flexible Partner
Private Mortgage Insurance It’s easy to think of Mortgage Insurance as an unnecessary evil since it only protects the lender. Decide for yourself: Quick Facts Private Mortgage Insurance is required when you have a Conventional loan with less than 20% down payment. Abbreviations are often used in the industry: MI for Mortgage Insurance PMI for Private […]
FHA Loan Limits MN 2021 – Updated!
FHA Loan Limits MN FHA loan limits are one of the FHA Loan Requirements : Related: Low Down Payment Mortgage Options – Conventional vs. FHA 2021 showed an increase in the Twin Cities Metro area for Single Family Homes, Duplexes, Triplexes, and Fourplexes – Median Home Sales Prices have increased in 2021 for Minneapolis and […]
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 […]