The Mortgage Credit Certificate (MCC) is a tax credit that has been around for a number of years to help Wisconsin homeowners improve their ability to pay for their mortgage. Here are the basic guidelines of how the program works.
Welcome to our Wisconsin blog archive page! Here you will find great articles on Wisconsin purchase and refinance loans and a ton of how to articles describing the lending process from start to finish. You will also find articles of commonly asked questions by people just like you. We try hard to answer questions about Wisconsin loans in our blog posts. We are here to help make the home buying and refinancing process as pain free as possible. If you can’t find what you are looking for here, please feel free to Contact Us with any questions. We are here to help!
For additional program information visit our Wisconsin Mortgage page.
Mortgage overlays are specific rules a lender follows ABOVE the published guidelines set by Fannie Mae, Freddie Mac, FHA, VA and USDA.
Without a doubt there is a bit of a learning curve for most first time home buyers when it comes to mortgages.
Since the loan approval process is ever changing we thought it might be a good idea to share some general tips and potential pitfalls that a first time home buyer may run into when purchasing a home.
Are you looking for a vacation property? Do you have a need to commute between two areas for work? These are examples of questions a loan officer would ask if you are considering buying or refinancing a second home.
All properties designated as new, proposed, or under construction must have a valid builder identification number on file with the VA. If you are not yet approved, you will need to complete the following 3 documents to get a VA builder ID number.