Cheryl Hoban Mortgage Broker

03/07/2023

Black Knight releases a robust collection of mortgage/housing info each month via its Mortgage Monitor report.  There are always more charts than we have time and room to post, but the charts are typically more interesting than whatever we have to say about them.  So this month, le...

03/02/2023

Rates are surging higher yet again.  It wasn't necessarily destined to be the case.  In fact, rates could just as easily be moving lower.  the problem is the data.  Everywhere we l...

02/06/2023

We are so proud to recognize Kelli Remjeske, who has been named Underwriter of the Year by the Minnesota Mortgage Association! The award is given in recognition for a high level of professionalism, unparalleled dedication, and unmatched performance. Congratulations Kelli and thank you for serving our team and our clients!

01/30/2023

With advances in technology and online shopping, identity theft is more common now than ever before. At Alerus, we do everything we can to protect all the information you provide to us as we process your home loan. Today kicks off Identity Theft Awareness Week. Learn more about what you can do to protect yourself:

- https://consumer.ftc.gov/features/identity-theft-awareness-week

10/28/2022

If you are ready to purchase, but are hesitant because of rates, a temporary buydown could be a great option for you. A 2-1 buydown program is a financing offer to reduce your interest rates for the first two years of a mortgage. If you opt for a 2-1 buydown, your interest rate as a buyer is reduced by 2% the first year and 1% the second year.

Contact me today to discuss how a 2-1 buydown could be a part of your next homebuying journey:

- https://www.alerus.com/bio/cheryl-hoban/

10/13/2022

10/07/2022

Take the first step and start the pre-approval process with our online application. Our online application system makes the mortgage process seamless, clear, and smooth for clients. Visit my website to get started:

04/12/2022

Mortgage rates have increased to the highest level since 2018, putting a significant strain on families looking to purchase a home this spring.

06/06/2020

For 25 years, Avenues for Youth has supported the youth of Hennepin County. Whether they need shelter for a night or a year, Avenues empowers youth to find their path out of homelessness. In support, Alerus annually contributes to their Building on Dreams. Join us June 8 for A Breakfast In Bed Fundraising Event from 8-9 a.m. - virtually! During Building on Dreams you'll get a glimpse into the programs and explore the impact of having a home through an up close and personal virtual event.

👉🏼 Register at: https://bddy.me/3cDdWco

03/16/2020

The Fed announced an emergency rate cut of 50bps today (0.50%).  Great!  So your mortgage rate could be 0.5% lower, right? WRONG! And to be clear, that's not one of those all-caps, bold lettered internet claims made by some guy with an agenda who may or may not be worthy of your trust.&nbs...

02/26/2020

Rates are at an all time low. Now is a good time to refinance.

The spread of Covid-19 is a poor reason to flee stocks or hoard surgical masks. But it provides a rare opportunity to save on a home loan.