home loan

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

Posted by on Dec 1, 2019 in home loan

Searching Minnesota homes online

It’s great when you 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, or even a 3 car garage.

But don’t get too far ahead of yourself and your emotions. The colorful high quality photos can reel you in and keep you really excited day and night, but you could be putting the cart before the horse, here’s why…

You …

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When to add your significant other, husband or wife onto your Minnesota Home Loan application

Posted by on Dec 1, 2019 in home loan

Minnesota home loan and credit

I have seen when a Minnesota loan expert talks to someone about applying for a loan one thing that can come up is that the buyer has great credit and they want to add their spouse onto the loan, but then you find out that their spouse has bad credit and that doesn’t look good for qualifying with the underwriter.

A common scenario is where someone is looking to qualify for a Minnesota home

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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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