How to Qualify for a Mortgage with Debt

March 5, 2022

Many people think that it is impossible to buy a house if you have debt. That is simply not true! Everyone has debt! It’s the type and amount of debt you have that will influence mortgage qualification. When it comes to personal debt and getting a mortgage, the main considerations are: How much debt do […]

The Threat of Skimpflation & How Treadstone Does Things Differently

January 31, 2022

What is Skimpflation? While inflation has been at the center of discussion and news headlines, a more subtle phenomenon may be be even more frustrating to consumers. The unique economic situation with inflation driving up costs for both businesses and consumers, in tandem with the shortage of labor, has led to skimpflation. Recently defined and […]

Why Waiting to Buy Could Cost You

December 8, 2021

Since March 2020, the housing market has changed considerably. Buyer demand coupled with low inventory drove up competition and home values, ushering in questions regarding the stability of the market. As we approach 2022, the reality of a crash has gone unfounded, and would-be buyers who were counting on home prices dropping have yet to […]

Homebot: A Home Value Tool for Owners to Track Equity & Options

November 10, 2021

What Is Homebot? Designed to empower homeowners with valuable information about their home value, equity, and other real estate options – Homebot is a tool that enables homeowners to track and understand the wealth they are building in their real estate.   For most Americans, our homes are our single largest and most lucrative investment, […]

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 […]