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First-Time Homebuyer (2)

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The Definition of a First-Time Homebuyer is Broader Than You Think

Editor's note: The following information was updated in 2023 to include additional homebuyer resources.

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Miniature house next to a stack of money and a pen and paper.

Do You Have to Put 20% Down on a House?

A down payment is an amount you pay in cash “up front” when buying a home. A down payment is not part of your mortgage loan. A bigger down payment...

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Image of a contract for deed paper with a miniature house as a paperweight.

What Are the Disadvantages of a Contract for Deed?

Buying a home is a big financial commitment. There is typically some sort of down payment, there may be closing costs associated with entering into a...

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A Black mother and daughter pose at a Halloween display with straw bales.

Teri's Journey to Homeownership

Guest Blog by Teri, Habitat Homeowner Since 2021 Hi there, my name is Teri. I've currently been in my home going on 2 years and I can't thank Habitat...

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A close-up image of a credit report

Credit Scores, Medical Debt, and Buying a Home

Before you apply for a mortgage, raising your credit score is one of the best things you can do. That means paying down as much debt as you can. But...

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A realtor and buying couple inspecting a kitchen

Red Flags To Look For During Home Tours

Shopping for a home to buy can be daunting. It's not uncommon to experience a sense of whiplash as buyers rush to outbid each other. After all, you...

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Miniature wooden house next to wood blocks that say 2023.

Twin Cities 2023 Housing Market Forecast

Editor's note: Interviews for this forecast were conducted with Adade Amenounve and David Arbit. Adade is a REALTOR, a broker, and a member of the...

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Homeowner Asia and her son sitting on a couch holding a holiday wreath and smiling

The Home Loan Impact Fund Celebrates 500 Closings [VIDEO]

Twin Cities Habitat for Humanity and Bremer Bank marked a major milestone in our partnership by celebrating 500 loan closings as part of the Home...

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Mom and dad with their young child between them, and the parents are making a roof with their arms

Building Wealth Through Homeownership

Every person who wants to become a homeowner has a different reason to pursue this dream. Some want the stability that comes with knowing you won’t...

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