Did you know, thanks to the passage of legislation this year, people who want to save for a down payment on their first home in Minnesota and Iowa can now take advantage of a First-Time Homebuyer Savings Account? The Minnesota Bankers Association worked with a broad coalition of interest groups at the state Capitol to pass a bill that, beginning in tax year 2017, allows that a standard savings account can be exclusively dedicated for down payment funds and closing costs for a first home …Read More »
You may find mortgages to be challenging and confusing. Sweeping regulatory changes in the mortgage industry are being implemented on October 3, 2015, to provide you a better understanding of the mortgage process. These changes will affect all aspects of the mortgage process including lenders, realtors and title agents.
To better equip the mortgage professionals in our area, Quality Title and Heritage Bank teamed up to provide an educational luncheon for mortgage lenders, realtors and title companies on Wednesday, Sept. 16 at MinnWest Technology Campus in …Read More »
Willmar, Minn. – Jeff Asche of Heritage Bank was named a Minnesota Housing Top Producing Loan Officer at the Gold Level for the second half of 2014. As a Minnesota Housing lending partner, Jeff helps low- to moderate-income Minnesotans achieve homeownership through affordable home mortgage options.
For more than 40 years, Minnesota Housing has worked to provide access to safe and affordable housing and to build stronger communities across the state. In partnership with local lenders, Minnesota Housing offers first-time and repeat homebuyer loans, home improvement …Read More »