Progressive Lending Solutions, Inc. is a BBB Accredited Mortgage Broker in Roseville, MN

September 2017

How to Explain Derogatory Credit

As part of the loan process, your borrower may be required to provide an explanation for derogatory credit such as […]

August 2017

How to get a mortgage

Buying a home is likely the biggest purchase you’ll ever make.

And if you’re like much of the population, you’ll need a […]

What Should A Lender LOI Include?

A Lender LOI or also a Letter of Interest is a document that a Commercial Mortgage Broker or Lender will […]

3 Credit Scores – The Importance of Getting All 3 Credit Bureau Scores

A good or bad credit score is a direct representation of you and your financial status.

Your credit can also be […]

Bad Credit – How to Repair a 400 Credit Score

If your credit score is absolutely dismal you’re right to worry.

Fortunately this is not the end of the road and […]

July 2017

Significance of Home Inspection Before Buying or Selling

Performing home inspection before buying or selling the property is good both the parties involved in the deal.

Having a good […]

Understanding Loan-to-Value Ratio (LTV) and Debt Service Coverage Rate (DSCR)

What is a loan-to-value ratio (or LTV)?

The LTV is very important in determining the amount of capital that can be […]

Property Construction Loan – Ten Pitfalls And How To Avoid Them

A property construction loan is different from other types of loan.

The most likely reason for looking for a property construction […]

What is the Purpose of a Title Company?

What is a Title Company?

Let’s first start off by identifying what a Title Company actually is…

According to the “text book” […]

June 2017

The Top 5 Key Benefits of Purchasing and Owning Investment Real Estate

So… You may ask yourself, why should you buy or invest in real estate in the First Place?

Because it’s the […]