Financing

Federal Housing Administration (FHA) – A mortgage program that is commonly utilized by First Time Home Buyers and requires a minimal amount of upfront money to purchase a home.

The Federal Housing Administration (FHA) is a program that is insured by the federal government and requires a minimal amount of upfront money for home buyers to attain home ownership....
Read More

Down payment assistance

One of the biggest hurdles many people face when buying a new home is the down payment.  If you are buying your first home, saving money can be a challenge. ...
Read More

Things you will need when you apply for a mortgage

People often have questions about applying for a mortgage…sometimes worrying if they will qualify and often wondering about what information they will be asked to provide when they talk to...
Read More

Buying a Condo with FHA/VA Financing

With all of the recent changes in financing, condos are no longer eligible for 100% conventional financing. My experience has been that conventional financing requires a 10% down payment in...
Read More

Comparing Mortgage Companies (overview)

Unless you are willing to spend hours learning the detailed nuances of home financing, you may find that the main ingredient in choosing a Loan Officer and Mortgage Company is...
Read More

Buying non-contingent when you have a house to sell

It can be very advantageous if you are willing to put in a little extra time and effort to determine if it is a feasible option for you.  The planning...
Read More

Little or no downpayment

The news media today often makes it sound like homebuyers who can afford the monthly payment, still can’t find home financing.  That couldn’t be farther from the truth.  In reality,...
Read More

Federal Housing Administration (FHA) Mortgage Insurance Premiums (MIP)

MIP fees serve the same purpose for FHA mortgages as Conventional Private Mortgage Insurance (PMI) fees serve for Conventional mortgages.  The fees cover some of the losses incurred when mortgagors...
Read More
1 101 102 103 104

Subscribe to Our Newsletter for Market Updates & Mid-Century Modern Listings

Our weekly HomesMSP Update includes current local market information and a curated list of mid-century modern properties for sale, plus posts from an inspector, a lender, a stager, info about neighborhoods, life in the Twin Cities… even recipes!

This field is hidden when viewing the form

Blog Categories

Archives

Sharon and John Hensrud

About Us

The HomesMSP Team is committed to meeting you where you are and listening… really listening to understand you so we can use our extensive knowledge of the market and local neighborhoods to give you personalized service.