Your Colorado home is valuable. So, why not dip into the equity that you have accrued as a homeowner to help reach your financial goals? Two options to access your home’s equity are a home equity loan and a cash-out refinance. Both options put dollars in your pocket but in very different ways. Let’s examine
Common homebuyer questions cover topics ranging from what down payments options are available and what mortgage insurance is. The overall takeaway is: Each buyer and transaction is unique, so it’s best to have an open, honest chat with your lender before attending open houses.
Our series for first-time homebuyers is all about understanding down payments in order to make smart, informed decisions when it’s time to buy. In the final edition of this three-part series, we’ll look at several programs that are available to assist homebuyers.
Did you know your credit score affects your ability to qualify for a mortgage, and once approved, your monthly mortgage payment amount?
As median home prices continue to rise, first-time homebuyers are faced with a number of options when selecting an appropriate down payment for their specific situation. With all these options, homebuyers should take the important first step to learn about these down payment opportunities.
Is shopping for a new home or refinancing your current property on your mind? Consider partnering with The Mortgage Team at Elevations Credit Union. Mortgage Loan Originator Carmen Hanagriff would love to help you secure a pre-qualification letter or discuss loan options.
For most, purchasing a home is the largest financial transaction of their lifetime. And it comes with lots of questions! We sat down with Senior Mortgage Loan Officer Ian Bennett to get the inside scoop on the most common questions first-time homebuyers ask the Mortgage Team at Elevations Credit Union. Common homebuyer questions cover topics ranging from how to find a lender and what mortgage insurance is, to how to
Mortgage Loan Officer Chris Cullen has partnered with Colorado residents since the early 1990s as a knowledgeable mortgage loan resource with experience in real estate. Learn more about his approach to home loans at Elevations.
Here, we look at the differences between the two types and how to figure out if a rate term refinance is in your best interest.
auri is based at the Boulder Diagonal Branch, where she’s helped members throughout Colorado for the past nine years. Learn more about her personalized approach to mortgage lending in this post.
