You need 20% down payment -  FALSE!  You may qualify for a FHA Mortgage or even a Zero Down and financed closing costs transaction.

Getting Pre-Approved costs a lot of money - FALSE!  Apply Online or in person and your Pre-Approval is FREE!

I should wait to find out what I qualify for until I am ready to buy - FALSE!  Being pre-approved 6 months before you're ready to move is important.  Not allowing yourself the time to save, repair credit issues or even look for a home could limit your opportunity.

All mortgage companies are alike - FALSE!  We bring over 30 years of financing experience and the largest mortgage broker in Minnesota to the table.  That means aggressive rates, programs, costs and premium service!

Tips For Financing Your First Home

The following tips are advice from previous “First Time Homebuyer” clients.

• When interviewing Mortgage professionals, look for someone who offers new idea’s yet listens to your needs. Though interest rate and costs are important, they make up a small percentage of the overall experience. Choose someone willing to take the time to just talk about your specific needs. Building a trustworthy relationship is crucial to you success.

• When evaluating and comparing closing costs, look specifically “lender based fees”. In other words, “what is the lender making on the loan.” This will help weed out any one quoting low fees just to get you in the door. Remember, no one does anything for free.

• Pick a monthly payment and a cash investment that is right for you. While it is always nice to get the help from friends and family, only you know your exact financial position.