Blog

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…

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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…

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How First-Time Home Buyers Can Benefit from the MCC

If you bought your first home this year – or are thinking of buying your first home – you need to know about the Mortgage Credit Certificate program! The Mortgage Credit Certificate (MCC) Program provides first-time home buyers with a tax credit based upon the interest paid each year. Here’s everything you need to know…

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What to Expect at Your Closing

Once you’ve submitted a bid on a home – and had it accepted! – the hardest part of buying your new home is done. The process will take just a few weeks and we will help! But what does that mean? Your home closing is a meeting that takes place once all negotiations, paperwork, and…

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Buying a Rural Home? Consider a USDA Rural Development Loan!

The USDA Rural Development program is one of our most asked-about loan programs. With eligible towns in all 99 counties in Iowa, it’s not hard to see why! Learn more about the many benefits of a Rural Development loan. USDA Rural Development Requirements USDA Rural Development loans are available to buyers looking to purchase a home in…

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Discover the Home Ready Program

Did you know there is a conventional fixed rate loan that requires only 3% down? Learn more about this loan program that can be used for condos, single family homes and zero lot lines. Interested in learning more about the home loan programs available? Work with us to get the best home loan program for…

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6 Great Benefits of the VA Loan Program

Have you been discouraged from pursuing the VA loan program? Unfortunately, many lenders don’t encourage the VA loan program for eligible veterans and active-duty military, even though it is almost always the best loan option. Discover why lenders discourage VA loans, the benefits of the VA loan program, and why we always encourage them! Why…

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Who Is Residential Mortgage Network?

Learn more about the Corridor’s only independent mortgage bank! Mortgage Banks like RMN are the primary outlet for loan programs like rural development and VA, which can save borrowers thousands of dollars. Interested in working with an independent mortgage bank for your home loan? Work with us to get the best home loan program for…

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Working with a Realtor vs FSBO

In the DIY world we live in, more and more people are opting for FSBO (For Sale By Owner). Many people believe that they can save money by not using a Realtor, however that may not be the case! Discover the benefits of working with a Realtor vs FSBO when selling and buying a home.…

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