Archive for the 'Freddie Mac' Category

More and more people want to know what sort of programs are out there and do they qualify for those programs. A lender can’t determine which program is right for you without knowing more about you.   SOME of the programs out there that Minnesota offers are:   1. Minnesota Housing Start Up Program-This is […]

Share

No Comments downpaymentadmin on Jul 12th 2013

  Everyone is wondering how to get down payment assistance. This is based upon what you qualify for, which can determine which program is right for you. There is not one program for everyone, because each person’s situation is different.   The first step would be to see which programs you qualify for. The best […]

Share

No Comments downpaymentadmin on Jun 27th 2013

Debt Ratios First, look at your monthly gross income, before taxes and contributions. This is how much you make per month, not how much you take home. What you take home is net income. • Front-End Ratios Lenders use what is called a front-end ratio, which is reflected as a percentage of your gross monthly […]

Share

No Comments downpaymentadmin on Oct 26th 2012

by Jann Swanson What’s in a Credit Score? More than You Might Think, and It’s Constantly Changing Decrease Font Size Text Increase Font Size Sep 6 2012, 1:16PM Editor’s note:  DataQuick®, a provider of advanced real estate information solutions recently announced that Gordon Crawford, Ph.D. had joined their firm as vice president of Analytics.  MND […]

Share

No Comments downpaymentadmin on Oct 5th 2012