Minnesota mortgage and home loan info for first time buyers, MN down payment assistance and more
The 2010 City Living program for first time home buyers in Minneapolis and St. Paul was rolled out today. There are two options on this program, just like there used to be for anyone familiar with the program. For either option the buyer can get a FHA or VA loan–no Conventional mortgages.
Option 1 is a [...]
Can I Pay More Money Towards My VA Loan? Just got this questions from a reader and it caught my attention because I don’t know if I’ve ever been asked this. When I am working with people buying homes in the Twin Cities, VA loans are usually seen as great loans because they require no [...]
After writing several articles about the benefits of VA loans, I’ve received a number of comments from readers about the challenges they have had getting their offers on homes accepted when using a VA loan. If you are one of these buyers, here is how I recommend you tackle that problem. It is a technique [...]
Many Realtors in the Twin Cities know little about a VA loan (of course, many mortgage lenders have the same problem). Earlier I wrote about the benefits of a VA loan for Minnesota first time buyers. In that article I mentioned that one of Realtors’ biggest fears comes from the appraisal process, especially if they represent [...]
This past Saturday Travis called into the Minnesota Real Estate Show wanting to know if he should get a VA loan (Veterans loan) to buy his first home. The military does a good job of telling our service men and women that there are benefits to getting a VA loan. Unfortunately, I believe, the Minnesota real [...]
