How can I be more prepared for the Minnesota Houses for Sale loan process?

When I hear of those applying for a Minnesota home, so they can get pre-approved and quickly start looking at Minnesota houses for sale online I look at what could help others be more prepared. The answer is really for people to be organized and have easy access to a lot of their financial paperwork. This includes bank statements, 2 years of recent taxes, w2’s, pay stubs, other bills that you pay, proof of rent paid on time. A loan...

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How much of a down payment is needed when buying a Minnesota house for sale

When you search Minnesota houses for sale you’ll want to know if you can get pre-approved and for how much, like what’s the price point. Once you know that number you can know what your down payment is that’s needed and then add earnest money, inspection and appraisal to the list of other expenses. As far as how much money you need upfront of course the sales price and pre-approval matter, but how you buy the home matters a lot...

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Buying a Minnesota house for sale before you know your credit score?

You are excited to start searching Minnesota houses online and look at some cool photos and see the inside of some bathrooms and kitchens, but before you get too far ahead of yourself you aren’t even sure what your credit score is. Does it matter? It does matter a lot on your timeline and can affect how much you need as a down payment. As a general rule with VA loans under a 500 score can even get pre-approved almost...

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First, get your pre-approved amount before searching Minnesota homes online

It’s great to get really excited about searching for Minnesota homes online with beautiful remodeled kitchens, updated bathrooms and private big backyards, a fireplace, master bedroom and closet, ay e even a 3 car garage. But don’t get too far ahead of yourself. The colorful high quality photos can reel you in ad keep you excited day and night, but you could be putting the cart before the horse. You see many people are searching online for homes, cities, bedrooms,...

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Minnesota home loans: Checking Credit Karma, Equifax, Trans Union, Fico, or Experian yourself online

I’ve had people come to be asking to connect with a loan expert because they have questions about what they qualify for based on their credit score. They may only know their credit Karma score which lenders don’t use and I haven’t found that number to mean much to a loan expert. It’s a great conversation starter and I’m sure it helps people understand about their credit history. Many people will monitor and check their costumer credit score on equifax,...

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How can I be more prepared for the Minnesota Houses for Sale loan process?

Posted by on Dec 5, 2019 in home loan

When I hear of those applying for a Minnesota home, so they can get pre-approved and quickly start looking at Minnesota houses for sale online I look at what could help others be more prepared.

The answer is really for people to be organized and have easy access to a lot of their financial paperwork. This includes bank statements, 2 years of recent taxes, w2’s, pay stubs, other bills that you pay, proof of rent paid on time.

A loan …

Read More »

How much of a down payment is needed when buying a Minnesota house for sale

Posted by on Dec 4, 2019 in home loan

When you search Minnesota houses for sale you’ll want to know if you can get pre-approved and for how much, like what’s the price point.

Once you know that number you can know what your down payment is that’s needed and then add earnest money, inspection and appraisal to the list of other expenses.

As far as how much money you need upfront of course the sales price and pre-approval matter, but how you buy the home matters a lot …

Read More »

Buying a Minnesota house for sale before you know your credit score?

Posted by on Dec 3, 2019 in home loan

You are excited to start searching Minnesota houses online and look at some cool photos and see the inside of some bathrooms and kitchens, but before you get too far ahead of yourself you aren’t even sure what your credit score is.

Does it matter?

It does matter a lot on your timeline and can affect how much you need as a down payment. As a general rule with VA loans under a 500 score can even get pre-approved almost …

Read More »