Blog

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…

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…

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…

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…

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…

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…

Watch Out: How Easy Is It To Refinance An ARM Loan?

ARM Loans—they’re all the talk right now. But should they be? Before you convince a buyer to take out an ARM loan for their purchase, make sure you both understand the future implications, especially when dealing with refinancing options. We are passionate about putting out correct information, whether you work with us or not, so…

Don’t Trust “Liar” Interest Rates

Interest rates are always a HOT topic, but you need to make sure you are getting accurate information! Yes, rates are important, but there is always fine print!  Weekly Rate Sheets Some local competitors send out a weekly rate sheet. Realtors occasionally ask why we don’t send out a rate sheet. It’s a great question,…

Taking the Confusion Out of Buying a Condo

Condos are confusing, aren’t they?! Luckily our lenders here at RMN are some of the best around for dealing with condos! In fact, there has even been the nickname “Condo Queen” given to one of our lenders, Jessica Greving, which honestly just motivates us all to live up to the title!  When Jessica began lending…

How do I get a mortgage?

Step One: Pre-Approval The first step towards homeownership is to talk to a lender for a Pre-Approval. RMN offers many options to best work with you and your schedule: in-person appointment with a lender, online, or via phone/email. A lender will help you determine which loan program will best suit you and your situation. In…