Starting the Minnesota Home Loan process with an online application is easy

Here you are with a down payment in hand and you are looking to start the Minnesota home loan process, so that you can start comparing interest rates. You are ready to see what you qualify for with your credit score as you are likely deciding among VA, FHA, USDA possibly conventional. The good news is I know a great person who gets 485 credit scores done for VA loans and FHA can even be done with 580+ credit score....

Read More

Don’t let the paperwork confuse you for a Minnesota home loan pre-approval

When it comes time to move forward on your Minnesota home loan pre-approval process and you’ve already filled out the online app be prepared to locate your paperwork. Before you do make sure to communicate with your mortgage person when you feel stuck and understand that they need the paperwork to send into the underwriter at the lender to help get you pre-approved. Not everyone is putting 20% down and has a 750 credit score. The more your score is...

Read More

Over communicate when getting pre-approved for a Minnesota home pre-approval

When you are communicating with a mortgage broker it’s important that you communicate your unique situation. This includes housing, moving timeline, credit, financial, savings and others involved. You won’t see a person over communicate they always under communicate. As a home buyer ask why does it matter or does it matter when you have questions. I see a lot of prospects get hung up for months and quit communicating for over a month or feel stuck because they have mental...

Read More

Compound Effect & Leverage Work Both Ways

One of the most important things people can understand about business and their lifestyle is the power of the compound effect and the power of leverage. In the surface they may seem like two very different ways to think about business and your lifestyle, but if you think of both as cyclical and daily habits with more data points a long the way you will see how both the compound effect and leverage work both ways. Meaning they have positive...

Read More

Debt-Dependent Speculative System US Economy

Through my research looking into the leverage and the liquidity in the US economy and markets I’ve noticed an overlapping narrative of how the leverage may eventually become too much cause a short-term or long-term liquidity crisis like we have already seen with the over night and term repo market in this past month which has now turned into QE4. Charles Hugh Smith typically writes the most clear narratives in my opinion. A lot of people like to talk about...

Read More

Starting the Minnesota Home Loan process with an online application is easy

Posted by on Nov 19, 2019 in home loan

Here you are with a down payment in hand and you are looking to start the Minnesota home loan process, so that you can start comparing interest rates.

You are ready to see what you qualify for with your credit score as you are likely deciding among VA, FHA, USDA possibly conventional.

The good news is I know a great person who gets 485 credit scores done for VA loans and FHA can even be done with 580+ credit score. …

Read More »

Don’t let the paperwork confuse you for a Minnesota home loan pre-approval

Posted by on Oct 22, 2019 in home loan

When it comes time to move forward on your Minnesota home loan pre-approval process and you’ve already filled out the online app be prepared to locate your paperwork.

Before you do make sure to communicate with your mortgage person when you feel stuck and understand that they need the paperwork to send into the underwriter at the lender to help get you pre-approved. Not everyone is putting 20% down and has a 750 credit score.

The more your score is …

Read More »

Over communicate when getting pre-approved for a Minnesota home pre-approval

Posted by on Oct 22, 2019 in home loan

When you are communicating with a mortgage broker it’s important that you communicate your unique situation.

This includes housing, moving timeline, credit, financial, savings and others involved. You won’t see a person over communicate they always under communicate.

As a home buyer ask why does it matter or does it matter when you have questions. I see a lot of prospects get hung up for months and quit communicating for over a month or feel stuck because they have mental …

Read More »