Blog

It’s Not an FHA Problem

We’ve been getting a lot of questions about the FHA loan program lately, which we LOVE because it really is a wonderful program. People are looking for the best loan programs that will save them the most money and be the “smartest” choice long-term. We get it! In today’s economy, every little bit does count,…

VA Loan Reminders

The VA loan stands out as an exceptional loan program, and it’s one that we LOVE to do because of the benefits it offers qualified service member borrowers.  Some qualified candidates are unaware of the program or have received incorrect information from unqualified lenders, causing them to hesitate to use it.  A couple of months…

Don’t Focus on Interest Rates, Focus on the Overall Payment

As the new year unfolds, it’s a season of resolutions and fresh starts. If homeownership is on your list of aspirations, why wait when you can kick start that journey now? Don’t fall into the waiting game for interest rates to fluctuate—instead, shift your focus to the bigger picture: your overall payment. Take the proactive…

Holiday Topics in the Mortgage Lending World

In the whirlwind of the holiday season, we recognize that this time of year can be both crazy and enlightening for many. Amidst the hustle and bustle, it’s not uncommon for important discussions about homes and future plans to surface. We wanted to round up some common holiday topics and themes we see in the…

3 Ways to Avoid a Down Payment

If you’re looking to buy a house soon—but you’re being put off by the thought of saving enough money for a down payment—it’s your lucky day. We’re going to go over ways someone can still purchase and get into a house while avoiding a down payment.  The common myth you might have heard before about…

VA Loans Myths vs. Facts

The VA loan is one of the most amazing loan programs (one of our favorites) and provides some incredible benefits to qualified service member borrowers. Unfortunately, the VA loan is also known for having a stereotype, especially with first-time homebuyers—or first-time sellers—because of the many myths and lies that exist that are perpetuated by the…

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…

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…

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…

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…