To consistently achieve our high levels of customer satisfaction, Tradition Mortgage embraces the concept of Financial Wellness as a key component to our loan services. Financial wellness is achieved only by having a holistic understanding of all aspects that impact your own personal balance sheet.
During the loan process, there are some Do’s and Don’ts. Being qualified for a lower rate and locking in the best loan for you are all dependent on your credit history and risk. Some reasoning’s may be more obvious than others, but below is a list of Tradition Mortgage’s Top 9 credit score “Don’ts” during the loan process. Read more »
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 is the right lending company for you.
Dylan Niska is a Vice President and Partner at Tradition Mortgage. This St. Olaf graduate has been with the company since December of 1998 and has become a great mentor for both current and new employees in the company. Here are a few questions we asked Dylan to get to know him better.
When compiling rate predictions for 2014, it was almost unanimous that mortgage rates would be around 5% at the end of the year, however as we all know, rates ended up at an average of 3.87% instead (according to Freddie Mac). Here are a few factors that have contributed to the historically low interest rates we have been experiencing, and insight to what we can expect in 2015.
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: Read more »
Right now is an opportune time to consider the benefits of a refinance or purchase of a new property. With the recent decreases in oil prices during the Thanksgiving holiday shortened week, mortgage rates remain near the low for 2014 as the influence of historically low oil prices is felt. The short term forecast for continued low prices at the pump were solidified when OPEC leaders voted to keep production levels constant last Friday. Read more »
Tom is a Vice President at Tradition Mortgage with over 20 years of experience in the mortgage industry. This Ladysmith, Wisconsin native has been with the company since its start in 1998 and has played a huge role in the company’s growth and success. Here are a few more facts about Tom to help get to know him better.
All eyes and ears were focused on the statement released at the end of October by the Open Market Committee of the Federal Reserve. As widely expected, the Fed announced that its Treasury and mortgage-backed security (MBS) purchases will conclude at the end of this month.