Minnesota Mortgage Blog - Mortgage and Real Estate News You Can Use

Follow me
By
Mortgage and Lending - Mortgages Unlimited, Inc - NMLS 274132
Mortgage industry news and insights from a 15+ year industry expert. Mortgage and Real Estate News You Can Use
RECENT BLOG POSTS
All home mortgage loans have fees knows as closing costs, which are required to process and obtain your home loan. People involved include the lender, title companies, appraisers, credit bureau, county document recording fees, and even state mortgage deed taxes. You also need to buy you first yea...
09/03/2014
Fair Issac and Company, the creator of one of the most widely used credit scoring models, FICO, said that the latest version of its score would no longer weigh medical debts. This is major, as medical debt accounts for about half of all unpaid collections on a consumers’ credit reports. The newer...
08/27/2014
According to a recent survey, first time homebuyers share of real estate purchases accounted for 37.2% of all homes bought in July 2014, based on a 3 month average. This is the highest level since January 2011, and up from 36.2% of the market in July 2013. Homes bought with cash declined from a 1...
08/21/2014
USDA is changing the property eligibility map effective Oct. 1, 2012. Cities and towns that formally qualified for the Zero Down USDA Rural Development Loans may no longer qualify. This change is due to a number of reason, including larger populations, elimination of special consideration zones,...
08/12/2014
Minneapolis, MN: As a mortgage Loan Officer, it seems I am asked what the rules are for getting a new mortgage loan after having a bankrutcy, foreclosure, or short sale about 100 times a week. Therefore I have made, and update as needed, a comprehensive list of each of their guidelines for quick ...
08/02/2014
Worst high priced mortgage lenders, and why Here is a basic list of some of the worst mortgage company choices, and why: YOUR BANK Your bank is generally a poor mortgage company choice because they understand that you believe they are your friend. Simply because you've had a checking account ther...
07/31/2014
Foreclosure activity down in June 2014 Foreclosure activity in June dropped to its lowest level nationwide since before the housing bubble started to burst nearly eight years ago, a new report said Thursday. The number of homes facing bank auctions, default notices and scheduled auctions totaled ...
07/18/2014
Minneapolis, MN: Freddie Mac  today released the results of its Primary Mortgage Market Survey(R) (PMMS®), showing average fixed mortgage rates moving down slightly to remain near historic lows for the week ending July 17, 2014 Mortgage Rate Averages 30-year fixed rate mortgage averaged 4.13 perc...
07/18/2014
Top credit report move that will wreck your mortgage approval Getting a mortgage loan these days is overly complicated, and annoyingly paperwork intensive. This is simply a response to the market collapse that started a few years ago, when it seemed like everyone could get a loan. If your credit ...
07/10/2014
  Mortgage Pre-Qualification versus Mortgage Pre-Approval Getting an initial Mortgage Pre-Approval BEFORE you speak with a Real Estate Agent just makes sense. A good first step is to complete the online application, or speak with a Mortgages Unlimited loan officer who will help you determine what...
07/03/2014
Rainmaker
155,209

Joseph Metzler

Sr Loan Officer
Free Loan Consultation
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tag to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information