Minneapolis, MN: Lenders don't work for free. Lenders get paid for doing loan, with the standard historic number having always been 1% of the loan amount, known as a loan origination fee. Until recently, that was just how it went. You paid loan origination fee as part of your closing costs, right
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11/18/2019
If you are active or retired U.S. Military, Thank You for your service!Veterans Day 2019 will be observed Monday November 11th. This official holiday is observed to give honor to those persons who served in the United States Armed Forces. Memorial Day on the other hand is celebrated in the spring
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11/07/2019
Should you keep renting, or become a first time home buyer?We all know throwing money away making the landlord rich isn't a good long-term plan, buying your first home can be scary, and you may not know where to turn, or how to make it happen.Should you continue to rent or buy a home is a decisio
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11/01/2019
Minneapolis, MN: With average home prices continuing to rise ABOVE the 2007 pre-crash average home value, and with 30-year fixed interest rates ending the week of October 10, 2019 at just 3.57% with 0.6% in points according to the weekly Freddie Mac mortgage rate survey, the combination has says
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10/10/2019
Minneapolis, MN: Are you wondering how much you may need to save for your new home?It may not be as much as you think!O Down PaymentThe VA Loan for our military personal and the USDA rural housing loan both offer a zero down payment loan program for individuals and/or properties that meet their c
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09/25/2019
Minneapolis, MN: If you are buying a new home, or thinking of refinancing, one of the biggest questions is should you lock the interest rate your Loan Officer is offering today, or should you float the interest rate and see what the market brings?It is a very logical question, but reading the mar
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09/11/2019
Can you take advantage of the current market?You probably heard that mortgage interest rates have dropped. Now may be a great time to see if you can benefit. You may consider:• Lower your monthly payments• Shortening your loan term to a 20-yr, or 15-yr. Save money on interest over the life of t
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09/10/2019
Minneapolis, MN: A new bill was signed into law last week by President Trump eliminating a long held requirement that VA jumbo mortgages loans needed a small down payment. This was in stark contrast to the very popular current VA loans of under $484,350 in most of the nation, - which our U.S. mi
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07/10/2019
No down payment, low down payment, and down payment assistance programs in MN, WI, and SDIt is the dream of everyone to own their own home. Many potential home buyers have the income and credit to qualify for a mortgage. However, many of them lack the one essential ingredient to make homeownershi
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05/10/2019
How Real Estate Agents Risk the License everydayDon't risk your Real Estate License or a LawsuitMany Real Estate Agents put their license or potential lawsuit at risk on a daily basis without realizing it. Generally this is by stepping outside of their official duties, and stepping into areas the
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04/02/2019