When used wisely, using a credit card to build credit can be a great way to increase a person’s credit score.
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2024 Minnesota FHA Loan Limits
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% […]
Why is Dual Agency in Real Estate Bad
Dual agency in real estate transactions should be avoided at all costs. A buyer and the seller hire a real estate agent for guidance and expertise. When you agree to a dual agent, you give up what you want from an agent.
Refinance Mortgage
Homeowners often get a ton of information from various sources about refinancing. Because there are many types of refinances it can be a bit confusing when trying to compare the different loans. This article will serve as a basic guide to explain a refinance mortgage and why a person would consider this financial move. Basics […]
Insane but True Facts About the USDA Mortgage
Although some of these things may sound too good to be true, or even insane, all of the following facts about the USDA mortgage program are true.
9 Home Inspection Tips for Buyers
Real estate agents and mortgage lenders all agree that a home inspection is a good idea for a new purchase. Check out these home inspection tips for buyers!
FHA Gift Funds: Mortgage Guidelines and Requirements
If you are using an FHA loan, they allow gift funds to make it easier to be approved for the mortgage. This money could be the difference between buying your home this year or having to wait until you have built up your savings.
Wisconsin FHA Loan Requirements
After the financial problems of the Great Depression, the federal government created the Federal Housing Administration and approved lenders to offer the FHA mortgage. This single action by the government created one of the most popular types of loans that are still used today. Listed below are guidelines and basic information about the FHA program for Wisconsin […]
Minneapolis
Along with St. Paul, Minneapolis is collectively called the Twin Cities. The metro area of the Twin Cities ranks at number 14 in terms of the overall population. Ranked as the most populous city in Minnesota, Minneapolis is also the county seat of Hennepin County. Population and Number of Homes According to a census from […]
Niche Mortgage Programs That Home Buyers Should Know
If your situation doesn’t fit the standard expected by lenders, you could find it more difficult to qualify for the home loan you want. But there could be other options that will make financing your home purchase easier.