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Beyond that, a full pre-approval will help you to understand all of your loan options and set you up in a place as a home buyer where you are educated and prepared for your home purchase. There are a large number of first time homebuyer programs available in Minnesota. During our pre-approval process, we’re validating your ability to qualify for a variety of different down payment and closing cost assistance programs available to you as a first time homebuyer.
There are a number of steps that should be taken BEFORE you look at homes. Taking the these steps will help make your home buying process go smoothly.
Ever wondered exactly what is behind an underwriting decision? Or why some borrowers sail through underwriting, while others struggle? Knowing the 5 C’s of credit will help you understand just what a lender is looking for.
Luckily, the experts at MN Home Loan Partners can help you navigate through the maze! For the sake of this blog post, we will focus mainly on assets and how those play into your mortgage prequalification.
If you are looking for a home in Burnsville, or anywhere in Scott County or Dakota County, or know someone who is looking and needs Spanish translation, please take advantage of the translation service we are proud to provide.
As a homebuyer in today’s real estate market, it may feel a bit like we’re asking for a whole lot more than you feel we should need to know. Let me ask you, if you were borrowing someone $150,000 for Burnsville real estate, what would you want to know about them?
Watch this video for information on the upcoming First Time Home Buyer Class
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