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Category: Blog / Education

Posted October 18, 2024 in Blog / Education

What is a Bank Statement Loan and How Does It Work?

The Self-Employed Path to Homeownership As a self-employed individual, securing a mortgage can feel like a significant hurdle. Traditional lenders require extensive documentation—tax returns, W-2s, pay stubs—that may not reflect your true income due to business deductions and variable cash …

Understanding VA Loan Eligibility Requirements

Posted July 24, 2024 in Blog / Education

Understanding VA Loan Eligibility Requirements

Securing a home loan can be a complex process, but for veterans, active-duty service members, and their families, VA loans offer significant benefits that make homeownership more accessible. As the best mortgage experts in South Dakota, we at Fairway Heartland …

Posted May 17, 2024 in Blog / Education

Homebuying tips!

Listen in as Chase Lage discusses the 10 common mistakes made, when buying your first home and how to avoid them.  

Divorced?

Posted December 22, 2022 in Blog / Education

Divorced?

If you are reading this you are probably thinking of ending your marriage, in the middle of divorce proceedings, or have completed the divorce process. That’s unfortunate.  Perhaps you and your ex-spouse or soon-to-be ex-spouse purchased a home together as …

How Long Does the Home Buying Process Take?

Posted December 13, 2022 in Blog / Education

How Long Does the Home Buying Process Take?

This is a question that I have answered hundreds of times during my mortgage career. Frankly, there is no perfect answer. Why? Because there are numerous parties involved but working towards the same goal. It only takes one person or …

Can I Have 2 VA Loans at the Same Time?

Posted December 2, 2022 in Blog / Education

Can I Have 2 VA Loans at the Same Time?

Let’s just start with the answer. Yes, you can have 2 VA loans…at the same time!! Recently, I was attending an educational real estate event and a 20 yr mortgage loan officer shared a story about how he “saved the …