Category: First Time Buyer

Keys and house symbol

Navigating the Many Types of Mortgages

Not only are there hundreds of institutions offering mortgages, it can seem as though there are dozens of different types of mortgages themselves. Different interest rates, different lengths and other features can be confusing. This article describes some of the different options you may encounter as you shop for a...

Mike Olden, Reba Haas, Eric Aasness

Mike Olden: VP Sales & Education at the American Reporting Company

This Week on ‘Open House’, Reba and Eric welcomed Mike Olden, Vice President of Sales and Education for the American Reporting Company. They provide credit reporting and settlement services to the mortgage lending communities. Together they covered topics including: Credit reporting updates that affect consumers and lenders. Are all credit scores...

Close up of female accountant or banker making calculations

Is This Your Situation: How Much Money Should I Put Down on a Home?

If you’re shopping for a mortgage right now, chances are you’ve heard a lot of opinions about how much you should spend on a down payment. Many people think that the more you can spend on a down payment the better, but there are some factors at play that may...

Reba Haas and Eric Aasness

Episode #158 – Pre-Approvals, BRRR Seminars, and Turning a 30-Year Mortgage Into 18

On this episode of “Open House with Team Reba”, we welcome Reba back from her trip to Bali. She’s all refreshed and amped up for our upcoming first-time homebuyer class on Feb 29th, leap day, from 9:30am-1:30pm. If you or someone you know wants to leap into homeownership, this class...

Reba Haas and Eric Aasness

Episode #157 – Your Real Estate and Mortgage Market Update

On this episode of “Open House with Team Reba”, Reba and Eric give you an update on the local real estate and mortgage markets. Eric starts out by describing what he’s calling “The Corona Rally”, which is how the Corona Virus (and other viruses and events) affect the mortgage market...

Steve Tokey

Episode #155 – Steve Tockey, Principal Consultant at Construx

On this week’s episode of “Open House with Team Reba”, Reba and Eric welcomed Steve Tockey, Principal Consultant at Construx, which is a local software development best practices firm. Steve consults on active development projects and teaches software requirements, design, quality, and software project management. Together they discuss best practices in...

Is This Your Situation: Wondering If a Fixer-Upper Is a Good Investment

Homes needing a little TLC are going on the market in the midst of increased buyer demand, and regardless of how much work these homes require, they are selling quickly and at high prices. These high-priced houses, which are listed with descriptions like fixer-upper, TLC and needs work, are in...

Is This Your Situation: You Want to Save for a House?

Purchasing a home is a big financial responsibility, but the rewards of homeownership are many. Particularly for first-time homebuyers, coming up with the down payment needed to see your dream to fruition can often seem overwhelming. There are many strategies, however, that can help you save for your down payment....