Date: Jun. 17, 2008
Tags: Free Home Buying Class, First Time Buyers, Landlord Resources, Landlording Successfully, Foreclosure Prevention, Getting A Mortgage, Minnesota Mortgage Broker, Minnesota Mortgage, Minnesota Real Estate, Mgic
MGIC-one of the nation's leading underwriters and providers of private mortgage insurance has recently created a FREE online resource for consumers. What they've done is create two online classes that will provide buyer education for first time home buyers and budding landlords. You can login and take the class at your leisure. Once you complete the class and you pass a short test, you will receive a certificate of completion. This MAY be able to be used for mortgage programs that require buyer education prior to closing your home. For example, many of the grant and bond programs provided by various agencies have home buyer education as a condition of getting the loan.
Did I mention the cost?-It's free! This is what you need to do: go to http://www.MGIChome.com and look at the class. You can start it immediately. When you are ready to take the test, you will need the lender email login. Feel free to use ours-it is: learning@ventureloanapp.com
Here is a brief synopsis of the class that I've taken from the MGIC site:
So you’ve decided to make the leap and become a homeowner. Congratulations! You’ve come to the right place to prepare yourself for what lies ahead, to ensure that you go into the home-buying process with your eyes wide open.
Homebuyer Education: If you’re purchasing a single-family home:
- Study each section of the Buyers Ed Homebuyers Guide:
- Getting Ready To Buy A Home
- Buying Your Home
- Getting Your Mortgage
- Closing Your Loan
- Being A Successful Homeowner
- Review the Buyers Ed Test tips at the end of each section.
- Take the Buyers Ed Test.
Landlord Education: If you’re purchasing a two- to four-family home:
If you are in Minnesota, please stop by my website at http://www.selling.mn You can begin your online search at this site. You will also find a TON of info in the side bar links. To get pre-approved for a Minnesota mortgage, visit http://www.ventureloanapp.com
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Posted by: Real Estate News
Date: Jan. 12, 2009
FREE online resource for consumers. more info visit http://www.jaaydaad.com
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RE: Free Online Homebuying And Landlording Class
Posted by: Emily M
Date: Mar. 17, 2009
Interest rates throughout history have been variously set either by national governments or central banks. For example, the Federal Reserve federal funds rate in the United States has varied between about 0.25% to 19% from 1954 to 2008, while the Bank of England base rate varied between 15% and 0.5% from 1989 to 2009, and Germany experienced rates close to 90% in the 1920s down to about 2% in the 2000s. During an attempt to tackle spiralling hyperinflation in 2007, the Central Bank of Zimbabwe increased interest rates for borrowing to 800%. Interest rates can seem like voodoo to just about anybody. The interest rates on financing like mortgages or payday loans, or compound interest on savings or investments can get confusing. In the last year or two, the incentive to invest has diminished as the stock market plummets daily and normal investments like houses lose value at a record pace. To save seems to have become the idea, and it is certainly one with merit. Savings never loses value, as cash put away towards savings continually earns interest. By using primarily savings accounts, you can build up a good stock pile of cash over a few years. If you have your retirement in mind, the money sits there earning interest, and by the time you’re ready to make a withdrawal, you can benefit greatly from interest rates.
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