Need a mortgage? Consider an FHA mortgage. We provide Minnesota FHA loan financing.
Venture Development is your Twin Cities FHA mortgage broker. Make Minnesota Homeownership
YOUR Reality!!! While these loans are available to everyone, they are a favorite for
first time home buyers in Minnesota.
Why FHA? FHA mortgages are easier to qualify even with less than perfect credit.
There is less down payment required and these loans often have very competitive interest
rates. FHA loans are government insured home loans-since 1934.
Consider the following:
Total buyer contribution required is a 3.5% down payment.
Fixed rate loans, ARMs and Buydowns. Up to 96.5% for purchases and 98.28% for rate and term refinance.
Buyer contribution can be a gift from a relative-up to 100% of the amount for down payment and closing costs
Credit scores as low as 620 (possibly lower w/manual underwrite)
Sellers can contribute up to 6% towards closing costs w/minimum down payment
Cash out refi to 85% of loan to value-consolidate a first & second mortgage. May or may not be CLTV (Combined Loan to Value) limitations. This means a second mortgage could exceed the value of the home if lien is subordinated.
THIS IS HUGE Borrower can have an open Chapter 13 w/12 months of on time payments
Non occupying Co-borrower allowed-come together as one on the application
FHA has many options to help keep you in your home and avoid foreclosure
Search the Twin Cities metro area online from our MLS linked website.
We make it simple and fun for you to find your next home. We have a lot of useful home
buying and home selling reports and information that you can access from our site.
View multiple photos and virtual tours
Search + Find foreclosures, shortsales, and bank-owned homes
Search residential, commercial, and investment properties
Easily request more information via email
View location maps of properties
Schedule showings to view homes now
Quickly email homes to your friends or family
Save your favorite properties and have listings delivered daily by email
or Call US at 952-929-2577
NOT quite ready to apply for a mortgage or begin your home search?
Would you like to receive our mortgage and real estate newsletters? These newsletters
are very informative. Sign up today-It's FREE. You can always opt out at any time.
Once you've confirmed your email address-it is a double optin process-you will be given links
to the following FREE items:
101 Fast Fixes To Improve Your Credit Score
How to Establish a Budget
The first Chapter of the Book-"Reality Based" Real Estate Investing
And a special link that gives you a discount on our services when
you are ready to buy or finance your next home. (offer subject to
change at any time)
This Website-www.minnesotafhaloan.com is owned and operated by Venture Development-a
Minnesota Mortgage broker providing mortgage loan financing. We are a private
company and not a government agency or the federal government. Begin your online mortgage application for a Minnesota home loan at http://www.VentureLoanApp.com
John Mazzara is a licensed Realtor and is affiliated with RE/MAX Associates Plus, 7300 France Ave S, Suite 410, Edina, MN 55435.
Each RE/MAX office is independently owned and operated. John has sold homes since 1986 in Edina and throughout the entire
Minneapolis/St. Paul Metro area. We have a lot of relocation resources for relocating to MN.
Search for Minnesota Homes via our online MLS search at
http://www.minneapolisstpaulhomes.com/ or
by phone at 952-929-2577.
NMLS # John Mazzara - 332556, Patti Mazzara- 333279 Venture Development State Of MN Originator License #20183304
