Jeff Petersen

Senior Loan Advisor

NMLS# 5555

Blog

Fannie Now Accepts Timely Rent Payments as Credit Background

In an effort to bring more racial equality to the mortgage market, the Federal Housing Finance Agency (FHFA) announced recently that on-time rental payments may be used by government entities as part Sep 22, 2021

What is an eClosing?

Even before the COVID-19 pandemic, in the quest for convenience, everything in our world was trending more towards “virtual” services. The coronavirus quarantining of the past year and a half has only Sep 15, 2021

4 Things to Know Before Getting a Reverse Mortgage

Many Americans bank on being able to sell their homes in retirement to help pay for their living expenses. However, many seniors get to that stage and realize they do not want to leave their homes. Or Sep 08, 2021

Is Buying a House with an HOA a Good Idea?

If you’re looking to buy a home, you may have come across listings that are part of a homeowner’s association or HOA. You’ve probably also noticed that those properties come with an additional monthly Sep 01, 2021

Should I Get a Conventional or FHA Loan?

One of the big questions you’ll have to answer when you are ready to buy a home is what type of mortgage loan to choose. There are plenty of options out there, with conventional and FHA being among th Aug 25, 2021

Fannie, Freddie, and Ginnie and What Do They Have to Do With My Mortgage?

If you are ready to buy a home, you may have heard your lender throwing around names like Fannie Mae, Freddie Mac, and Ginnie Mae. Who are these people and what do they have to do with your home loan? Aug 18, 2021