Thinking out of the box
Colorado’s Real Estate market is continuing to be in demand which is making for a very competitive market, such as last year. There is no reason to expect this to slow down anytime soon due to our state’s popularity. Per U.S. News, the best places to live in the U.S. 2017, Denver is listed as […]
New Down Payment Assistance Options with CHFA
There are new down payment assistance options with CHFA! CHFA is known for their down payment assistance programs as well as their specialty programs. Yesterday CHFA rolled out a change to their down payment assistance grant program and added a zero-percent second. The down payment assistance grant will now be for up to 4% of […]
Eat, Drink, Dance, Plunge, There is something for everyone to do this weekend in Denver
The Denver Metro area is full of activities this coming weekend. Eat, Drink, Dance, Plunge, there is something for everybody! First things first, don’t forget to make reservations for Denver’s restaurant week. It starts this Friday, Feb. 24th – March 5th. There will be hundred’s of restaurants offering multi-course dinners at a very appetizing price, so […]
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 […]
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 […]
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. […]
VA Loan Limits -2017 Announced
VA loan limits for 2017 have been released. Following suit with Conventional loans limits for 1-unit properties. Given the cost of housing in Denver and Colorado continue to increase it is no surprise to see VA loan limits going up. Denver is considered a high cost area which is why you will see loan limits higher […]
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 […]
