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