Posts made in November, 2019

Want a Small 30-50 point increase in your credit score for pre-approval for Minnesota Home Loan?

Posted by on Nov 30, 2019 in home loan

Before applying for a Minnesota home loan you may use one of the credit monitoring services to check your credit score and history.

Some may check credit karma which isn’t what lenders are going to use as a score. What you are most interested in is getting your credit score above a 580+ credit score to make more of your Minnesota loan programs easier to qualify for such as USDA, FHA and Although you can get VA loans done under …

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Have Collections right before qualifying for a Minnesota home loan pre-approval?

Posted by on Nov 30, 2019 in home loan

I see soon to be Minnesota home buyers looking forward to getting a home loan, but their collections get in the way, especially with USDA loans. I will tell you right now pre-collections of 60 day late payments makes it tough to get a VA loan.

USDA although limiting In the area to live, is great with a 100% program and staring at a 580+ credit score. After I hear of someone wanting to get a USDA loan they may …

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Online application vs. talking privately 1 on 1 on the phone Minnesota Home Loan Process

Posted by on Nov 30, 2019 in home loan

You don’t need to call on the phone right away to start the Minnesota home Loan process. In fact I’ve seen people get paperwork over digitally, upload talk live on messenger and get a pre-approval online without really needing to use the phone.

The lenders really just want to have basic info such as w-2’s, bank statements, and employment info. Much of the info will he filled out through a private online form and the rest of what you are …

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