Category: Mortgage Tips

Finding a Good Loan Officer

Posted by & filed under Mortgage Tips.

Finding a mortgage lender is easy through an online search or referrals from friends or associates, but finding a loan officer that fits your specific needs and goals takes a little more time. When selecting a realtor for your new home, you meet with multiple realtors to make sure you find one that has your… Read more »

HOW TO: Build Your Credit Score

Posted by & filed under Informational FAQs, Mortgage Tips.

Your credit score is an indication of how you handle your financial commitments.  Most Americans have a debt-to-credit ratio that is too high! Your score helps lenders decide whether or not to loan you money.  The higher your score, the lower risk you are to lenders, and therefore often the cost to borrow money is… Read more »

Renting Vs. Buying

Posted by & filed under Informational FAQs, Mortgage Tips.

The choice between buying or renting a home is one of the largest financial decisions any adult will make in their lifetime.  Renting is nice for short term living if you are uncertain about where you want to settle down, however, you are most likely paying more monthly than you would if you purchased your… Read more »

Tradition Mortgage: WHY US?

Posted by & filed under Informational FAQs, Mortgage Tips, Tradition Mortgage News.

From our start in 1998, Tradition Mortgage has grown into one of the top independent mortgage lenders in Minnesota. As an entirely referral based mortgage company with an industry leading percentage of repeat customers, we keep a high level of customer satisfaction through our dedicated career professionals. Here are a few reasons why Tradition Mortgage… Read more »

Home Loans 101

Posted by & filed under Informational FAQs, Mortgage Tips.

Practicing good financial management is critical to keeping yourself on solid footing when it comes to a major purchase such as a house, car or pursuing a business opportunity. When it comes to Home Loans 101, the negative impact can be substantial, consider these facts: