FHA Loans Just Got Easier: Changes to FHA Mortgage Application Rule

September 19, 2023

What Changed? The Federal Housing Administration, the government agency that backs FHA Loans, had a policy to flag an applicant who was rejected for an FHA mortgage. This flag stayed with the borrower(s) for a six-month period, and it was accessible to all other lenders. The idea was to help them decide if you were […]

The Family Assist Program Explained

August 29, 2023

What is the Family Assist Program? The Family Assist Program, also known as the Family Opportunity Mortgage Program, was established to make it easier for family members to acquire homes for their loved ones. This program addresses the challenges faced by families aiming to help their elderly or disabled family members find safe and convenient […]

Buy a Home for $100 Down – HUD Homes

August 18, 2023

If homeownership feels far out of your reach because you have been struggling to save enough money to afford a sizable down payment, there might be another way for you to secure your own home. In fact, purchasing a HUD home may mean you only need a $100 down payment. But what are HUD homes […]

The Local’s Guide to Moving to Grand Rapids

August 1, 2023

Finding the right place to live, whether you’re looking for a cute starter home or a big family home, is no easy feat these days.  Not to mention, buying a home is a costly commitment, so it’s important to find the right place. Grand Rapids is one of those cities that offers something for everyone. […]

The Benefits of Homeownership

June 28, 2023

While we love to celebrate the joys of homeownership year round, June is officially National Homeownership Month! This is a month to promote the benefits of homeownership and recommit to creating opportunities for future homeowners. The Department of Housing and Urban Development has committed to providing affordable, accessible, and equitable homeownership for Americans nationwide.   […]

Conventional Home Limits for 2023

June 19, 2023

Understanding your mortgage goes beyond calculating your payment and reviewing the terms of your loan. Monthly payments and interest rates aside, the first step is understanding what kind of loan you’ll need to secure for the specific home you want to purchase. If you are seeking a conventional or conforming loan, you will have to […]

Debt Consolidation Refinance – A Mortgage Option For Lowering Your Bills

June 1, 2023

Many people think that a mortgage refinance exists to lower your payment—although this is a popular reason to refinance when interest rates drop below where you are currently at, the most common reason to refinance is actually to save money by consolidating debt. For example—if you have credit card debt that increases monthly at a […]

Home Owner’s Guide to Gardening

May 16, 2023

It’s finally warming up in Michigan so that means it’s planting season! Gardens add so much life, color, and character to your home—not to mention it’s a major curb appeal boost. Personalizing your home’s outdoor landscaping is also a great way to encourage you to spend more time outdoors this summer. We know not everyone […]

Michigan Down Payment Assistance Programs for First-Time Home Buyers

May 1, 2023

Homeownership might not be as far off as you think with Treadstone’s down payment assistance options! For first-time home buyers, these options directly decrease the amount of cash needed at closing, making home ownership achievable for more buyers. Not all programs or options are available for all buyers. If you’re starting the search for a […]

You Won’t Get a Better Interest Rate With a Lower Credit Score

April 25, 2023

The Media is Wrong In the last few days, we’ve heard the news advertising how new changes rewards people with low credit with better interest rates. It’s not what it seems! We aim to deliver information that is simple and clear enough that the average home buyer could understand without having to scratch their head too much! […]