The Federal Housing Administration (FHA) does more than offer ways for people to buy a home. They have another program designed to allow homeowners to get a lower interest rate, and hopefully a lower payment, without going through all the normal work associated with a refinance. The program is called the FHA Streamline Refinance and […]
When used wisely, using a credit card to build credit can be a great way to increase a person’s credit score.
If you don’t have the savings to pay a large down payment or a great credit score when buying a home, a Federal Housing Administration (FHA) loan can help. It can make it easier to get approved for a loan with lower down payments. You can buy a home with as little as 3.5 percent […]
We take a look at the difference between a home inspection and an appraisal, clearing up some common misunderstandings about these two important stages in the buying process
The VA home loan is one of the best ways for a qualifying veteran, service member, or surviving spouse of a service member to purchase a home. The fact that they can buy a home without a down payment is great alone, but when you combine the other benefits such as low-interest rates and no […]
A short drive to the south of Minneapolis is the city of Burnsville situated in Dakota County. Lying on the banks of the Minnesota River, Burnsville is a suburb of the twin cities Minneapolis & St Paul. Population and Number of Homes The census of 2010 lists the population of Burnsville as slightly more than […]
Buying a home requires a bit of preparation. If you meet the following conditions then you should be ready to purchase your first home this Fall!
If the idea of buying a property with only 3.5 percent for a down payment is appealing, an FHA loan could be for you. But before you buy your Minnesota property using an FHA home loan, there are a few things you need to know as a homebuyer. You can take advantage of a 3.5% […]
Back in 2010 FHA changed its rules for offering loans on condo units. The rules became so strict that a large number of condos across the country would not qualify for an FHA loan. Thankfully, changes are here. As of October 15, 2019, FHA will allow financing on a single-unit approved condominium project purchase. The […]
Along the shore of Lake Michigan, and north of Chicago, lies the town of Northbrook. The town receives its name from the Chicago River’s Northern branch that cuts through the town. Northbrook is a part of the wealthier suburbs of Chicago that are collectively called North Shore. Population and Number of Homes The most recent […]
