Owen Riess

Marketplace Home Mortgage
Mortgage Lender
NMLS #: 543286
Answers: 4
Endorsements: 1
Special Offers: 0
Covers Edina , Rochester , Bloomington , Hutchinson , Minneapolis and more.

Mortgage Lender In Minneapolis, MN



About: Senior Loan Officer | Marketplace Home Mortgage, LLC - Senior Mortgage Loan Officer NMLS 543286 with Marketplace Home Mortgage, LLC serving the individual mortgage needs of home owners, home buyers, and residential real estate investors. Social Media Manager | Marketplace Home Mortgage, LLC - responsible for social media policy, compliance, and content. Directly responsible for adherence to corporate policy with the specific objective through coaching, assisting and teaching to help each individual loan officer grow their business organically through social media. Specialist in first time homebuyers, move up homebuyers, and move down homebuyers. Product selection includes conventional, FHA, VA, USDA RD, jumbo, reverse, and purchase rehab lending. Find me on LinkedIn and Twitter under Owen Riess, and on Facebook under Home Financing Help from Owen Riess.

Specialities: Senior Mortgage Loan Officer NMLS 543286 with Marketplace Home Mortgage, LLC serving the individual mortgage needs of home owners, home buyers, and residential real estate investors.

Awards:
2012 Operations Professional of the Year | Social Media Innovation by the Minnesota Mortgage Association

Owen Riess's Answers

Viewing Answers 1 - 4 of 4
Answered Dec 26, 2012
In answer to: How to get a home loan with less than perfect credit - credit score of 598
You should find a seasoned lender experienced with credit issues to carefully review your credit report with you. They will be able to help if their are errors in the report or direct you to an expert who will be able to help you shore up your credit. Owen Riess
Answered Dec 26, 2012
In answer to: I took my home off the market. Why is it still listed under Homes.com ?
If you put the listing on homes com personally you may have to delete to remove. If someone put it on for you you will have to get them to delete the listing. Good luck.
Answered Dec 26, 2012
In answer to: How much down payment would I need to get this with a conventional loan for 3854 Town Square Blvd.?
With a conventional mortgage you are generally going to need a minimum of 5% down. Although, at 5% down the qualification is going to be more rigourous and you will need to be approved for mortgage insurance this eases up a bit at 20% down when the requirement for mortgage insurance goes away.
Answered Dec 26, 2012
In answer to: Who do I go to get approved from for a mortgage with less than desirable credit?
Find an experienced lender with a broad knowledge of credit and credit repair resources. Some kinds of credit issues impact your score but do not have to be resolved. For instance, small old medical collections if you are purchasing using FHA. Good luck. Owen

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