Financing

Can you change jobs when you are buying a home?

This doesn't happen very often but sometimes I get a client that gets a job offer they can't refuse.  How does that affect their mortgage approval?  It really depends on...
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Why is it so hard to get a mortgage these days?

I frequently hear people say how it's impossible to get a mortgage these days.  I have heard comments that you need 20% down or more, plus you need a credit score...
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Changes coming for USDA loans

For those buying homes in rural areas, USDA rural development loans are a wonderful way to buy.  However, there are changes coming to the program October 1, 2012.  This is a...
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Can I afford this house?

One of the questions homebuyers will ask me is how much can I afford?  I usually will ask them, "what are you comfortable with in a house payment?".  Everyone is...
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Mortgage Rates

Mortgage interest rates have been lower than we have seen in many years!  The Federal Open Market Committee (Fed) met this week and investors were waiting to see what their...
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How to prepare for final underwriting!

Once you have decided to buy a home, you choose a mortgage lender and get an approval.  In the beginning of the process, you will provide several documents to your...
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Housing credit crunch

With the lowest mortgage interest rates in history,  there is still a problem with housing!  First time home buyers are feeling the pinch and first time homebuyers buy homes so...
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VA streamline refinances

A VA loan is a mortgage for veterans and guaranteed by the government.  A VA streamline refinance is a special program that allows veterans to refinance their current VA loan to...
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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.