What Does Diversity, Equity, and Inclusion Mean at RMN?
Diversity, Equity, and Inclusion are popular buzzwords in our industry. Many lenders are moving toward a more inclusive approach and using these words to show clients which way the industry is trending and to indicate themselves as a lender they can trust. We’re excited that these buzzwords are getting more attention in our industry, but…Read More
RD Loans are Perfect for First Time Home Buyers in Iowa
Americans across the U.S. are moving out toward the suburbs and rural areas—and it doesn’t look like this trend is going anywhere anytime soon! Some people may have believed that the migration of many Americans from cities to suburbs was a Covid-19 fueled phenomenon. However, data suggests that this shift began long before the Covid-19…Read More
All About Bridge Loans
We’ve had a lot of questions lately about bridge loans from Realtors and buyers alike, mostly because we’ve been doing a lot of them! In fact, we’ve done more bridge loans in the last two years than ever in our history of existence (36 years!) That tells you a bit about our market! Let’s talk…Read More
The Underwriting Process Isn’t Scary!
Underwriting! We often hear from clients that the underwriting process intimidates them. We believe there is a stereotype in our industry that underwriters are “out to get” clients by trying to hinder them from closing. This is simply not the case with RMN and our underwriting process! Our goal is to get more people approved…Read More
VA Loans and VA Related Repairs
Have you been discouraged from a VA loan because of potential repairs? EEK!! This may be a red flag – you should never be discouraged from using the benefit you earned with your service! The vast majority of the VA loans we close do NOT require repairs! But let’s discuss what happens if there are…Read More
Don’t Count Out FHA Loans
FHA Loans are all the rage right now! As they should be! For some buyers, FHA loans are a GREAT option, and as a realtor or a borrower, you want to find the perfect home and secure the best possible financing options for yourself or for your clients. And there are many reasons why you…Read More
Credit Report Pulls and Lender Calls
We’ve run into an annoying issue lately that we want to take some time to address. Borrowers are coming to us saying that the minute we, or another lender, have pulled their credit, they get other random lenders calling them or texting them–sometimes with aggressive sales tactics! We want to make it clear that we…Read More
Are Government Loans Worthless?
We recently heard that another lender in our area used the word “worthless” in reference to government loans. We couldn’t believe that choice of words over here at RMN because it’s simply not true! It’s no wonder that buyers and Realtors are sometimes confused about financing options! We don’t mean to offend, but if spreading…Read More
All About Credit Scores!
Is this the year you plan to buy a house? With the new year upon us, many may be trying to get their ducks in a row in preparation to purchase a home in 2023! We want to get ahead of that and provide valuable information that we get asked about all the time. Credit…Read More
What Can I Do Now to Prepare to Buy a House?
If you’re looking into buying your first home, even if you’re not ready to pull the trigger yet, first things first, reach out to a lender or a Realtor! It’s NEVER too soon to start a relationship with a Realtor and a lender. These professionals can help coach you to a successful purchase. From a…Read More