6 credit score questions (and answers) to help you prepare for your mortgage application
Did you know your credit score affects your ability to qualify for a mortgage, and once approved, your monthly mortgage payment amount?
Tag: Buying a Home
Mortgage Update: New Loan Limits for 2021
The Federal Housing Finance Agency is raising the baseline conforming loan limit for 2018. Learn what this means for borrowers in Colorado in thelatest blog from our mortgage team.
Mortgage Update: New Loan Limits for 2020
The Federal Housing Finance Agency is raising the baseline conforming loan limit for 2018. Learn what this means for borrowers in Colorado in thelatest blog from our mortgage team.
What are the Different Mortgage Types?
When shopping for a home, one of your first steps will likely be securing a loan. There are many types of mortgage loans, and three of the most common loans for first-time homebuyers are conventional, FHA and VA loans. Read on to learn more about the characteristics of these loans to discover what you may
Six Questions to Ask When Buying a Condo or Townhome
If you’re looking to buy a home along Colorado’s Front Range, you’re probably all too familiar with the low inventory and high costs in our real estate market. For many first-time home buyers, considering a condo or townhome opens up additional options. However, it’s important to know the differences between buying a single-family home and buying a condo or townhome.
When Should You Pick a 15-Year Mortgage Loan?
Are you considering a 15-year mortgage loan? There are a number of benefits, including a lower interest rate and the ability to pay off your home much faster. However, it’s important to take into account your unique situation along with the pros and cons of a 15-year mortgage, which we have highlighted here. Pros of
The Best Time to Buy a Home? What Rising Rates Mean For You
So you’ve gone back and forth on whether or not it’s the right time to buy a home. With most experts reporting that mortgage rates will continue to increase in 2018, now may be the time to make your move. For prospective homebuyers, rising rates might put some pressure on finding a home sooner than
3 Mortgage Trends
As we look back at the 2015 mortgage market in Colorado’s Front Range, three trends are likely to continue this year. If you’re interesting in purchasing a home, keep these big-picture items in mind. 1. High demand: We continue to see demand in all different sectors of the mortgage market, from first-time homebuyers to move-up
