Mortgage News

2-1 Buydown and 7/1 ARM: Two Ways to Lower Your Payment When Rates Rise You found the house. You ran the numbers. Then you saw the rate, and your stomach dropped. I hear it every week. Here’s the good news:…

Why Do Lenders Offer Different Mortgage Rates? You’ve got two quotes in your hand. Same credit. Same house. Different rates. That’s frustrating, and it makes you wonder who’s telling you the straight story. So why do lenders offer different mortgage…

5 Mistakes to Avoid as a First-Time Home Buyer The biggest mistakes first-time home buyers make happen before they ever step foot in a house. They happen with money. Working with the wrong lender for your situation. Opening a new…

How to Close on a House Faster in the Twin Cities Most purchases run 21 to 30 days from accepted contract to clear-to-close. If you want to close on a house faster than that, it comes down to how fast…

Can You Use Your VA Loan More Than Once? Yes, you can use your VA loan more than once. Not just twice. As many times as you need to for the rest of your life. It’s not a one-time coupon…

Scared to Buy a House in Bloomington, MN? Here’s Where to Start If the idea of buying a house in Bloomington makes your stomach tighten a little, you’re not broken and you’re not behind. You’re just standing where almost every…

Why Are Home Buyers Still Competing in Minnesota Even With More Homes for Sale? More homes are hitting the Minnesota market right now than we’ve seen in years. Buyers are still losing out on the good ones. Both things are…

FHA Loan Credit Score in Minnesota: What You Really Need I get this question almost every week, usually from someone who’s already talked themselves out of buying before they’ve even called me. Your FHA loan credit score in Minnesota isn’t…

FHA Loan After Foreclosure in Minnesota: The Real Timeline I’ve sat with more than one buyer who assumed a foreclosure meant homeownership was permanently off the table. It’s not. It just means there’s a real, specific timeline to work with,…