Getting a Mortgage with Commission Income

November 5, 2021

Most people know that to qualify for a mortgage to buy a house, a borrower will need to prove their monthly income. This concept isn’t as easy as it sounds if you are paid on commission. Luckily, most mortgage Loan Officers in Michigan are also paid on commission, making them familiar with the process and […]

Difference Between Mortgage Insurance (PMI & MIP) & Home Insurance

October 27, 2021

For new homeowners navigating the home buying process, there are so many new terms that can be confusing. One of the most confusing things clients encounter are the different types of mortgage and home-related insurance – private mortgage insurance (PMI), mortgage insurance premium (MIP), mortgage protection insurance, and homeowners insurance. With similar monikers, no wonder […]

Mortgage Qualification After Bankruptcy: Rules, Timelines, & Information

October 20, 2021

People file for bankruptcy for a variety of reasons both personal and business. Although there are many rules regarding bankruptcy and home buying it is still possible to purchase a new home if you have filed for or gone through bankruptcy in the past. We discussed the topic with some of our licensed Loan Officers […]

Treadstone Mortgage: Crypto-Friendly Lender in Grand Rapids

September 30, 2021

Cryptocurrency has been all the rage, and it has taken the market by storm over the last year. While there is speculation surrounding it, roughly 60 million Americans own some form of crypto and an increasing number of major institutions are choosing to accept it. Entire countries have even declared it their national currency. Although […]

Updater: All Your Moving Needs in One Place

August 25, 2021

Moving can be one of life’s most stressful events and entails much more than just the physical act of moving. It’s the little things that make your new home livable that can easily be overlooked in the craziness of a move – especially for a new homeowner who may not have experience with all the […]

What you Should Know About Today’s Housing Market

July 20, 2021

As home prices rise at unprecedented rates, some are wondering, “are we in a housing bubble?” Although memories of the 2008 market crash have induced skepticism, the simple answer is no. There are a multitude of factors differentiating today from 2008 that indicate the housing market is nowhere near collapse. So, if it’s not a […]

Tips to Getting your Offer Accepted

June 21, 2021

The housing market in many parts of the country is red-hot. With limited inventory and an influx of buyers taking advantage of the low interest rates, the market has seen an unprecedented level of competition. The Grand Rapids market is certainly no exception. The competition can feel daunting especially when homes sell for over asking […]

Summer Projects to Increase your Home’s Value

June 11, 2021

It’s officially Summer in West Michigan! For homeowners, the warmer weather means it’s time to get outside and tackle the projects and repairs that were put off during the Winter. It’s also arguably the best time to invest in your home’s exterior, yard, and outdoor spaces. When done right, outdoor spaces can be a personal […]

Marriage or Mortgage – Why Not Have Both?

April 5, 2021

Netflix’s newest reality hit, Marriage or Mortgage, showcases couples having to choose between two of most peoples’ biggest milestones and financial transactions – a mortgage and a wedding. The show has left many people pondering how to spend their hard-earned savings: on a down payment for a home or the ‘instragrammable’ wedding of their dreams. […]

How To Get A Mortgage When You’re Self-Employed

March 15, 2021

It’s no secret that the economy and workforce are changing. Right now, about 10% of the American workforce is made up of self-employed individuals. As this aspect of the workforce and economy changes, we wanted to break down what it takes for people who are self-employed, independent contractors, and business owners to get a mortgage. […]