CFPB Press Release Regarding Kickbacks
Late yesterday afternoon the Consumer Financial Protection Bureau (CFPB) released a press release regarding Prospect Mortgage to pay $3.5 Million fine for illegal kickback Scheme. The Real Estate Brokers and Mortgage Servicer that took kickbacks from Prospect are also ordered to pay $495,000. What is a kickback? It is a form of negotiated bribery in which […]
Mortage Pre Approval Vs. Pre Qualified
Mortgage Pre-Approval vs. Pre-Qualified. We’ve written about this topic previously but feel it is one that needs to be revisited. This is a great question. There are many of us who don’t know the difference and also don’t understand the difference. I would like to break it down and give you some insight into both […]
Denver Restaurant Week is Coming
The time has come! Restaurant week is fast approaching! If you don’t know about Denver’s Restaurant Week, I’m here to tell you all about this fantastic week. It starts on February 24th-March 5th. This is a week when over 250 restaurants sign up to be included in this spectacular showcase of food. The menus can include […]
Let’s Help Our Homeless Community
We would like to invite you to join us in our efforts to donate to our local shelters and organizations around our community that house families, single mothers, young adults, and teens. They are in need of new and gently used clothing for all ages, blankets, winter wear (coats, hats, mittens, scarfs) as well as […]
Fed Rates Have Increased
[video_embed name=”Fed Rates Increased”] As you know by now the Fed funds rate increased, just as predicted, and discuss at the FOMC meeting in mid-December. Do not to be fooled by the advertisements stating mortgage rates for 2017 are going up. When you hear “the Fed rates are going to go up, so hurry up and purchase […]
Rocky Mountain Style New Year’s Eve
Five, Four, Three, Two, One! Happy New Year! Let’s ring in the New Year Rocky Mountain style! There will be everything from polar plunges, mountain escapes, hotel celebrations in the city and even some great kids events! If you haven’t already made plans for your New Year’s Eve celebrations I’ve gathered some great ideas that […]
Mortgage Broker, Bank and Other
Are you looking for a home mortgage? Where do you look first? The first place we tend to go is our bank. We figure that it would be easier to go to our bank since all our finances are already there so it makes sense to consider getting a mortgage through the same financial institution. […]
Holiday Happenings Around Denver
I have to say that Denver makes it pretty hard to not get into the holiday spirit. We made it to the parade of lights and not only was the parade spectacular but seeing downtown in lights was just the kickstart to feeling the excitement for this Holiday season. While I was at the […]
What To Do This Weekend
What to do this weekend Either you already know what to do this weekend or your still planning it out. I would guess at least 90% of us already have our calendar chalked full for the month of December with events and activities. Or if you’re like me in the remaining 10%, you haven’t committed […]
FHA Loan Limits- 2017 Announced
HUD has released the 2017 FHA loan limits to take effect next month. Good news for FHA borrowers is that HUD kept in step with Fannie & Freddie on conventional mortgage loan limits. FHA loan limits are based on the county, so you will see ranges all over the board on the front range of […]
Conventional Loan Limits 2017
The wait is over Denver and Colorado. We have been asked numerous times in the last 30 days. It looks like conventional loan limits 2017 will be up nationwide which will show additional signs of a strengthening housing market. The national conforming loan limits for 2017 will be $424,100 (up slightly from $417,000). Drum roll […]
Mortgage Rates After The Election
[video_embed name=”Mortgage Rates After Election”] Mortgage Rates After The Election The mortgage rates after the election, we all wondered if it would happen, and it happened, rates when up just a day after the election. What does this mean and what did that rate rise cost you? Here is a breakdown of what this may mean […]
