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    Email: joe@joemetzler.com

  • Deferred student loans and mortgage debt-to-income ratio's

    A common question people applying for home mortgage loans is how does their deferred student loan effect mortgage qualifying First understand that while a student loan may be deferred, lender reasoning is that eventually you will have to start [...]

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    Mortgage rates return to record low for week ending 10/15/2020

    Mortgage rates return to record low The benchmark 30-year fixed rate mortgage averaged 2.81% percent with an average 0.6 points / origination for the week ending October 15, 2020, down from last week when it averaged 2.87%, according to the weekly [...]

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    Are there no closing cost refinance loans?

    The term "no closing costs refinance loans" is a bit of a misnomer. There is no such thing as a no closing cost loan. All loans have closing costs, but you have options on how to pay them. The vast majority of people doing a mortgage refinance [...]

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    Gift for down payment on 2nd home / Vacation home

    Buying a second home is something many of us dream about.  From  the ocean front condo to the lake home. Financing that dream is rather simple to understand for most people, that being that you simply need at least 10% for down payment, and can [...]

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    Proper use of forbearance

    We get it, these are challenging time, and with reduction in hours, and job loss, making your house payment can be a challenge. As part of the CARE ACT, the government has forced lenders to offer forbearance to anyone who asks WITHOUT requiring [...]

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    COVID19 and mortgage forbearance

    First, I hope this finds you and your family well. 2020 will go down as one of the craziest times... EVER. Virus, social distancing, no school, job loss, and new ways that we have to conduct everyday life. In my world of mortgages, we are also [...]

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    COVID19 and Cleaning your cell phone

    Face it, our phones are in our hands constantly. Study after study shows they are pretty dirty. COVID19 and cleaning your cell phone has become a heavily research term... On your cell phone! COVID-19 studies have shown the virus could potentially [...]

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    No, mortgage interest rates are not zero

    Minneapolis, MN: The news is screaming FED LOWERED INTEREST RATES TO ZERO in response to the COVID-19 virus outbreak. That sounds great, but it is extremely important that consumers read and understand that THE FED DID NOT JUST CUT YOUR MORTGAGE [...]

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    Thinking of refinancing? Here is what you need to know.

    Minneapolis / St Paul, MN:  The economy is doing great, and mortgage interest rates are at, or hovering just slightly above all time lows, which has many people thinking of refinancing. Most, but not everyone has a great interest rate, but do you[...]

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    Refinancing with your current lender is usually a mistake

    Refinancing with Your Current Lender is Usually a Mistake Minneapolis, MN: Shopping for a home loan is confusing. No matter what we're looking for -- from cars to refrigerators' -- there's a built-in element of confusion. Why? Lack of [...]

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