Author: maudience

Help Your Clients Finance their New Condo

If you have a client looking to finance a condo, contact us! We can help them get the fixed rate loan that works for them.

MCC Offers Tax Credit for First Time Home Buyers

Congratulations! You’ve decided to buy your first home… Now what? We know buying your first home can be both an exhilarating and stressful time. While you’re excited to take this next leap in life, it does come with a large financial commitment. The good news? There are tax credits and write-offs you can now take…

Mortgage Credit Certificate Program

If you’re a first-time home buyer, you can get up to a $2000 tax credit with the MCC program. Learn more about the benefits of the MCC.

Showers Bring May Flowers AND Spring Home Buying Fever – Are You Pre-Approved Yet?

Why is a pre-approval so important? In this market, homes are selling almost as fast as they are going on the market. If you don’t have a pre-approval when you look at a property, it might be too late by the time you make an offer. Having a pre-approval letter to present with the offer from a reputable…

Inspections: Why They’re a Good Idea and How They Differ From Appraisals

Your Realtor might encourage you to do a home inspection, and we do, too! What is a home inspection, though? Doesn’t the lender already require an appraisal? Yes, the lender does require an appraisal, but an appraisal is not the same thing as a home inspection. An appraisal is ordered to protect the lender by confirming…

The Truth Behind Interest Rates

Many borrowers choose to select their lender based solely on the interest rate that is advertised or offered to them. However, it is critical for any borrower to understand there are more factors to consider than the rate that is presented. Avoid being misled by dishonest lenders by knowing which information to keep in mind…

Why Use a Realtor: A Breakdown of What They Do For You

Customers often ask us, why should I use a Realtor? Don’t I save money by going FSBO (for sale by owner)? Not necessarily. Realtors are important! They are licensed to represent you in this contract negotiation. If you don’t have a Realtor involved, then you need to hire a lawyer. Most sellers find lawyers are not typically as…

Realtors Want to Know: Why Should Your Buyer Choose RMN for VA Financing?

Realtors keep asking, so we will tell you: Why your buyer should consider RMN for VA financing even if they are already pre-approved with a different VA lender. Unfortunately, many buyers, sellers and Realtors alike don’t understand the importance of working with an experienced VA lender until things go South. That’s when we get the call to pick…

Santa Brings Coal to Lenders Who Don’t Underwrite In-House

Why is it such an advantage to work with a lender that underwrites VA, Rural Development and FHA home loans at their office? Simply put, RMN’s in-house underwriting allows us to close loans quicker and more smoothly than our competition. RMN’s entire lending staff is highly trained on the specific requirements of the VA, RD, and FHA loan programs.…

Why We Encourage VA Loans (And Why Other Lenders Discourage Them)

Some lenders discourage the VA loan program. They often claim the fees are too high, there is extra paperwork, or that a VA loan can take over a month to close. The truth is that these lenders simply don’t fully understand the program and its loan processing requirements. In reality, a VA loan will virtually always be the best loan…