Money Moves to Make before Lending Rates Rise

Things are far from perfect in the U.S. economy, but economy growth is steady enough that things almost feel back to normal. As this “new normal” sets in, it is expected that banks will charge a higher rate when lending to one another.  This, in addition to a rise in the federal funds target rate, will make borrowing money more … Read More

Topics to Discuss with your Loan Officer

You’ve made the decision to buy a new home or refinance your current home, so your next step is to get in touch with a mortgage professional for help.  Whether this is your first or fourth loan, the key to a smooth process is having a clear way to communicate what you are looking for with your mortgage professional.  To … Read More

Finding a Good Loan Officer

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 best interest in mind and … Read More

HOW TO: Build Your Credit Score

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 lower.  Your score consists of … Read More

Renting Vs. Buying

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 own home.  Here are a … Read More

Credit Score Tips for During the Loan Process

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.

Tradition Mortgage: WHY US?

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 … Read More

Home Loans 101

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:

Social Media: Connect with Us Online!

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