The dream of homeownership requires a bit of guidance. For Anita Kelly, that’s one of the best parts of working in the Elevations Credit Union Mortgage Department.
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.
If you find yourself navigating the home-buying process on your own after a divorce, rest assured, you can do it. As the dust settles, consider chatting with a financial advisor and mortgage loan officer to help you build a new financial roadmap for the years ahead, including saving for a down payment and creating a budget that accommodates a monthly mortgage payment. Here’s how.
The Federal Housing Finance Agency (FHFA) is raising the baseline conforming loan limit for 2022, and we’re here to help you understand what this means.
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.
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
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.
. One factor impacting homebuying in this sellers’ market is an appraisal gap. To better understand this real estate term and what it means for homebuyers, we reached out to our experienced Elevations Mortgage Loan Officers.