Category: Loans

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...

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...

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Fannie Mae/Freddie Mac Allow Non-FICO Score

Surprising mortgage watchers, the Federal Housing Finance Agency will allow Fannie Mae and Freddie Mac to use VantageScore as an alternative to the FICO credit scoring model. How will this affect you when you are scouting out a new home purchase? By allowing new entrants into the credit scoring game,...

Reba and Eric

Guiding Clients through Real Estate Pitfalls: This week on ‘Open House’.

On this week’s episode, Reba and Eric discuss how an important part of each of their jobs is acting as guides for their clients, before, during, and after a transaction. They talk about how this extends to modular homes, “click to show” showings, and recent transactions like Reba’s most recent,...

Is This Your Situation: What Questions Will a Mortgage Lender Ask of Me?

While you may be eager to start searching for your dream home right away, the first step in preparing to buy a home is understanding how much home you can afford. To figure this out, you should get prequalified or preapproved by a lender, who will tell you the maximum...