Financing

VA loans and thank you to those that have served our country!

Since Veteran’s day was yesterday, I thought it was a great week to remind people about VA loans! VA loans are one of two ways you can buy with zero...
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What will happen to rates after the election?

Mortgage rates hit record lows in 2020, what will happen now that the election is over? If you are thinking about buying a home or refinance in the next few...
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Down payment assistance can open the door to home ownership….

Many people are talking about buying a home now with interest rates as low as they are. However many first time homebuyers are concerned about a lack of financial education...
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Questions to ask your mortgage lender

You have made the decision – it’s time to buy a new home!!! Now what? You have lots of questions – or maybe you think you have questions but you...
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What is a USDA loan?

USDA loans are a great way to purchase a home in rural areas. What is a rural area? In the Minneapolis St Paul area, it means outside the metro area...
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Cash out refinance requirements

There are many homeowners that are refinancing or thinking about it. Many of those are looking at pulling money out of their home – a cash out refinance. With rates...
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What is the difference between earnest money and down payment? Do you pay earnest money on top of your down payment?

The difference between earnest money and down payment when buying a home can be confusing. They both apply to the total cash needed to close on the home you are...
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Refinance soon to avoid the FHFA adverse market fee

So this summer we had a short period where lenders were collecting a new Adverse Market Refinance Fee required by FHFA. That went away after FHFA decided to delay the...
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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.