Financing

USDA loans

Lately I have had more clients using USDA rural loans and wanted to let others know about the program. This is a fantastic loan for those buying outside the Minneapolis...
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What do you need to know about the mortgage process?

So you want to buy a home? Where do you start? What do you need to do? How do you qualify? To get started in process you will need a...
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Credit scores

How high does your credit score need to be to buy a home? Many believe you need a credit score over 700. CNBC just reported that the national average FICO...
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How much can you save by paying off your mortgage early?

There are many people refinancing their mortgage to a 15 yr term to pay it off earlier, but what are other ways to pay down your mortgage faster? Some pay...
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Home Buyer Mistakes

Being a successful homeowner starts with avoiding mistakes. Everyone makes mistakes, but if you make a mistake when you are buying a home, it can cost you! For some homebuyers,...
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How low could mortgage interest rates go?

Mortgage rates are close to all time lows – I never thought I would say that again!! The past few years we have talked about interest rates increasing and last...
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MN housing changes

With the changes that Fannie Mae and Freddie Mac announced in July, we knew there would be changes coming to MN Housing loans – and Dakota County CDA loans. Those...
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Reasons to refinance your mortgage

There are many reasons to refinance your mortgage, some are very obvious and some are not. Here are several reasons to think about a refinance and with rates as low...
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Sharon and John Hensrud

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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.