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Refinancing Your Home: The Pros and Cons

Interest rates are at a historic low and buyers are taking advantage. It’s also the perfect time to refinance! Can’t decide whether or not you should refinance? Take a look at the pros and cons: Pros: Lower Monthly Payment or Loan Term Those who are refinancing now are cutting their monthly mortgage payments by hundreds…

Tips for First Time Home Buyers During A Pandemic

Buying your first home is one of the most exciting and rewarding journeys in life, but can also be a little scary and overwhelming, especially during a pandemic. Because the housing market has seen enormous growth due to historically low-interest rates, many individuals are looking to buy, sell, or refinance their homes this year during…

Tiny Treasures: The Tiny Home Movement

Ever heard of something called the tiny home movement or tiny homes in general and wondering what this entails? We’re going to give you the rundown on all things pros and cons about tiny homes. It’s The Little Things The first thing to know about the tiny home movement is that it follows a social…

Cedar Rapids Home Loans

Residential Mortgage Network has been offering the residents of Cedar Rapids home loans since 1987. We can finance properties anywhere in Iowa and have offices located in Iowa City and Cedar Rapids. Our owner, Rick House, started the company to offer all loan options to buyers in the Cedar Rapids market. We are currently building…

Iowa City Home Loans

Residential Mortgage Network has been offering Iowa City home loans since 1987. We can finance properties anywhere in Iowa and have offices located in Iowa City and Cedar Rapids. Our owner, Rick House, started the company to offer all loan options to buyers in the Iowa City market. We are currently building a new office out…

4 Reasons to Work with RMN for Your VA Loan

After 75 years, VA loans continue to be an amazing home financing option for veterans and current military members who qualify. We are proud to provide VA loans in the state of Iowa and encourage any who qualify to talk to us – even if you’ve been pre-approved with a different lender. You may be…

Get Fixed Rate Financing for Your Condo

Financing for a condo is different than financing for a single family home or a zero lot line. For example, some lenders will only offer an adjustable rate mortgage if you’re purchasing a condominium – which could cost you more in the long run! Discover why RMN believes in offering fixed rate mortgage for condo…

Working with the Right Lender for Your RD Loan

The Rural Development loan program is an important part of the Iowa housing market. RD loans are a great option for anyone moving into a community of 20,000 or less and the program is near and dear to our hearts. Because of this we have many, many years of experience processing and underwriting Rural Development…

6 Essential Questions Realtors Should Ask Their Buyers

It can be awkward asking questions or making suggestions to your buyers about their financing, but it’s important for you and your buyer to make sure the lender chosen offers the best options and the smoothest path to closing. Here are a few friendly questions you can ask your buyers to help them receiving the…

Rural Development Loan for Your Clients

If you have a client looking for a home in a community of 25,000 or less, the USDA RD loan may be the best choice for them. Learn more!