The Local Change Foundation has received a grant of nearly $1 million from the FHLBank Topeka – Affordable Housing Program to help Colorado residents achieve home ownership. In collaboration with Elevations Credit Union, the Local Change Down Payment Assistance program will give an estimated 95 first-time homebuyers in Boulder County and surrounding communities in Colorado
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.
The Federal Housing Finance Agency (FHFA) is raising the baseline conforming loan limit for 2025. We’re here to help you understand what this means.
Remember the last time you went for a mountain vacation? Coming back from a hike of sweeping vistas, you relax in a quaint mountain home and quietly think, “I can see myself owning a place like this.” What if you did? What if that purchase happened to boost your equity to the mountaintops? Or if
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.
On Dec. 30, 2021, parts of Boulder County were devastated by wildfires. Many properties were tragically damaged or destroyed, dramatically altering the lives of our neighbors and friends. As a result, we came together to rebuild as a community and continue to do so today.
When the most destructive wildfire in Colorado history ripped through parts of Boulder County on Dec. 30, 2021, it left a number of our friends, relatives and members of our community in difficult situations.
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.
