Financing

Does an FHA loan make sense for me?

Lately I have had several new buyers that have questioned whether they should use an FHA loan or not.  For some, it may be the only option, for others, they...
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VA loans

Since Wednesday was Veteran's Day, I thought it was a good time to remind people about VA loans.  VA loans are a very popular benefit for those that serve in...
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Are you ready to buy a home?

That is a big question and there are some clues for you to consider!  Rents are increasing and making many renters think seriously about buying a home instead of continuing...
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Fed doesn’t raise rates this week…

The Fed met this week and after adjourning, said they elected not to raise rates at this time.  They also said future policy will be determined meeting by meeting.  The...
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Which program is better?

Since Fannie Mae came back with their 3% down program and FHA allows 3.5% down – which is better?  There are reasons to use both programs.  It will depend on...
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Some home buying myths….

Home buyers tend to make assumptions about the home buying process, especially about down payments.  The truth is that since 2008, there have been some major regulation changes that have...
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FHA changes guidelines

In September, FHA changed underwriting guidelines and for some home buyers, it may be more difficult to qualify now.  FHA is a very popular mortgage program, especially with first time...
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How new regulations taking effect October 3, 2015 impact real estate transactions

New loan disclosures and closing procedures take effect for home loans originated after October 3, 2015, with the purpose of making the process of buying and financing a home less...
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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.