MN Mortgage Blog

What is an Honest Mortgage Broker or Banker? It's pretty simple. When looking for a mortgage loan in MN, or WI, you want to get a great deal with no games. That's what you get with us. We keep it simple! Slick advertising is not our game. We are a top MN lender, and it's not just because of our L...

BANK LOAN OFFICERS REQUIRED TO REGISTER Loan officers at banks will now be required to register, and provide their names and fingerprints to a national loan officer database as part of an effort to crack down on shady operators who were part of the mortgage meltdown. The new requirements were act...

No Closing Cost Mortgage Refinance? BUYER BEWARE? Good or Bad Idea? YOU DECIDE after reading this... St Paul, MN: Mortgage interest rates are currently at historic lows. Your mailbox and the airwaves have become full with mortgage companies competing for your business. Many of these advertisement...

10 Steps to a Smooth Closing, from a guy who been to thousands! You have waited 30, maybe 60 days for your closing to finally come. Here are some helpful hints to follow that may prevent the closing from becoming a nightmare. Whether you are the seller, buyer or simply refinancing a current mortg...

St Paul, MN: The House of Representatives voted Tuesday to give first-time homebuyers three more months (Sept. 30, 2010) to close on their purchases and receive up to an $8,000 federal income tax credit. Washington had to act fast - the original deadline to close was June 30th. The bill doesn't h...

Amen... I've been preaching this foreverRecently, I listed and sold a condo in New Orleans. Now, the entire condo buying and selling experience has changed from years past, with fewer lenders willing to step up and do the necessary work to get a complex approved by FHA. It used to be that by answ...

I recently attended a trade show where the two most popular questions at the Zillow booth were 1) Where do you get your data and 2) How accurate are your Zestimates? Data -  We get data from a number of sources, but the most popular place is from county records.  In some counties this is great, i...

The new Good Faith Estimate does NOT level the lender playing field Minneapolis, MN: On January 1, 2010, HUD (Housing and Urban Development) mandated all mortgage lenders use a new three page "Good Faith Estimate" with the intent of eliminating low quote practices, to provide clarity to customers...

     VA LOANS - Zero Down home mortgage loans for VETERANS We are you VA Home Mortgage Loan Experts in Minnesota and Wisconsin - Apply Now VA Loans require no down payment and allow you to qualify for a more expensive home. The VA doesn’t actually make loans. Instead, it insures loans so that if ...

City Living Program in St Paul and Minneapolis, MN River walks, people, fine dining and concerts. And that’s just the beginning. From condos and lofts in downtown to charming homes in historic residential neighborhoods, the Twin Cities area has much in the way of housing options that allow you to...