Archive for the 'Miscellaneous' Category

Here are the most common myths in the mortgage world. Myth #1: I shouldn’t look/apply because I am not buying for another 1-5 years False. Just because you are not thinking of buying a home for a while doesn’t mean you shouldn’t see what your options are. By applying for a loan you can determine […]

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No Comments downpaymentadmin on Sep 18th 2013

“I have just started looking and I don’t know what I am doing.” “I have just begun my search and not sure where to go or what to do.” “I don’t know where to start.” These are the most common things people say when they start house hunting. This can lead to many people being […]

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No Comments downpaymentadmin on Aug 26th 2013

We all have been a situation where our credit score is bad and yet we want to get a home or a car. So how can we improve our credit score? By following these few tips. Tip #1. Be patient. Remember that improving your credit score will be like losing weight. You may not see […]

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No Comments downpaymentadmin on Aug 8th 2013

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 […]

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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 […]

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No Comments downpaymentadmin on Jun 27th 2013

How many of us have sat down with a mortgage lender and then been told that they can’t get down payment assistance because the lender doesn’t offer it? We have all been there and been frustrated with this situation. What we recommend is before you finally purchase your dream home, shop around diligently for a […]

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No Comments downpaymentadmin on Jun 5th 2013

HARP 2.0 is coming and now is the time to get ready to refinance if you have not been able to because of value.  Here are some quick bullet points of the HARP 2.0 program. ELIGIBLE IF: * Your loan is owned or guaranteed by Fannie Mae or Freddie Mac * The mortgage was sold […]

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No Comments downpaymentadmin on Feb 27th 2012