Starting in 2025, new credit scoring models will be used by lenders to determine the creditworthiness of potential homebuyers. Fannie Mae and Freddie Mac will mandate the adoption of the new FICO Score 10T and VantageScore 4.0 by the end of the year. For those interested in buying a home,…
Search Results for: buying
The Benefits of Homeownership for Twin Cities, Minnesota Veterans: Stability, Equity, and Community
For veterans residing in the Twin Cities, Minnesota the transition from military service to civilian life often comes with its own set of challenges and adjustments. Amidst this transition, homeownership stands out as a beacon of stability, offering a multitude of personal and financial benefits that extend far beyond mere…
VA Funding Fee: A Comprehensive Guide
In the realm of home financing, Veterans Affairs (VA) loans have emerged as an example of support for those who have served our nation. As veterans and active-duty military personnel explore the advantages of VA loans, one crucial aspect that comes into play is the VA Funding Fee. This fee,…
St Paul Neighborhood Spotlight: Lowertown’s Unique Charm
Nestled in the heart of Downtown Saint Paul, Lowertown stands as a testament to the seamless blend of history and contemporary vibrancy. This neighborhood, once an industrial hub, has transformed into a dynamic community known for its rich cultural tapestry and unique charm. Let’s delve into the distinctive features that…
Selling Your Twin Cities, Minnesota Home Due to Divorce?
Selling a home in the Twin Cities, Minnesota, under the best circumstances, can be a daunting task. However, when navigating this process amidst the challenges of a divorce, it can feel downright overwhelming. Emotions can run high for both parties, often clouding judgment and leading to potential missteps in the…
Navigating Home Search Challenges: Strategies to Regain Focus and Persist
Touring homes in the Twin Cities and its neighboring areas is a thrilling facet of the home-buying process, especially for first-time buyers. Nevertheless, as time elapses, the experience can turn disheartening if properties fall short of expectations. While it is essential to uphold realistic expectations concerning affordability and availability, the…