On the banks of Zumbro River in Minnesota is Olmsted County’s county seat, the city of Rochester. Rochester is the largest city in Minnesota behind the Twin Cities metro area. Population and Number of Homes The recent census from 2010 shows that Rochester has 106,760 citizens. There were over 45,000 housing units making the density […]
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Wisconsin USDA Rural Housing Loan
The biggest hurdle that most residents in Wisconsin face when buying a home is the down payment. For some people, it could take 5 years or longer to raise enough for a 5% down payment on an average-priced home. However, the USDA Rural Housing mortgage is a much better solution that is available to thousands […]
USDA Loan Florida
Florida USDA Home Loan Buying a home without making a down payment can be rather difficult. Most conventional mortgages require at least some type of down payment that ranges from 3% to as much as 20% of the home’s selling price. For a $200,000 home that can mean $6,000 to $40,000 out of your pocket! […]
USDA Property Condition Requirements
USDA minimum property requirements that the home will need to meet before your loan will be approved.
Fannie Mae HomeReady® Mortgage Program
Due to the popularity of the FHA program, Fannie Mae has felt the pinch of competition. In order to serve more people, Fannie May introduced the My Community Mortgage program. This program has been retired and was replaced with the HomeReady® program. The HomeReady® mortgage makes it possible for people with low to moderate-income to […]
Northbrook
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 […]
Oshkosh
Lake Winnebago, where Fox River joins on the west side, is home to the city of Oshkosh, Wisconsin. The city is within the limits of Winnebago County and boasts of 95,000 residents as of the most current census. Population and Number of Homes Based on the information reported by the federal census from the year […]
Burnsville
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 […]
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Time Needed to Close a Mortgage
Learn who is involved in the process of closing a loan and why it can take some time to seal the deal to your new home.
