Are you pre-approved
[video_embed name=”Pre-approved”] What is the true value of your lender letter and are you really pre-approved? It is quite disconcerting to see how many lenders at the big box banks are providing lender letters with only a credit report. This only is giving you a false assumption of a pre-approval. Then there are offers on homes, […]
Time To Buy A Home
When is a good time to buy a home? This is a good question. Ideally, when you are considering to buy a home the decision should be based on these factors, need vs. want, timing, and finances. It should never be pushed or persuaded from the assumption or outcome of the current Real Estate market […]
High Balance Loan
[video_embed name=”High Balance”] Structure and Strategy Are you looking for a low rate? Are you purchasing a home above $417,000? What are the conforming loan limits in the Denver Metro area? How much do you have to put down? Do you have to put 20% Down? All of these are really good questions and are […]
Low Mortgage Rates Online
Proceed with caution when looking at these low mortgage rates online. What you see is not always what you will get. Lenders advertising these low rates are doing a great job because they are getting you in the door by making their phones ring. Be careful when seeing these advertisements. A past client of […]
Appraisals In High Demand
EXTRA! EXTRA! HOT REAL ESTATE NEWS IN DENVER-You have all heard about how hot the Denver Real Estate market is unless you have been living under a rock! What else is going on, well those whacky low-interest rates are making it hard to pass up refinancing for existing homeowners. So, In a hot real estate […]
Quick Mortgage Pre-Approval
Whether you are looking to refinance or to purchase a home there are way too many advertisements giving you a “streamlined” option to get a quick mortgage pre-approval. I am extremely perplexed about the calls and conversations I’ve been having these past few weeks. Most of the calls state that they have already spoken with […]
Home Purchase-21 Day Closing
If you have been out there looking in the Denver area for a home to purchase, I’m sure you are getting frustrated. With little inventory it makes for a very competitive and exhausted market. With this in mind we have created a alternative option in order to help give you an “edge” when submitting an […]
Let Me Take You On A Drive
Let me take you on a drive, a metaphoric drive. This is an example of the loan approval process put into the perspective of taking a drive. We are heading to Breckenridge from Denver. And to add to the excitement and anticipation, we have a meeting to attend in 2 hours. In order to get […]
5 Reasons to choose a direct lender vs. bank
Most of us tend to reach out to our bank when looking to apply for a loan, more specifically, a mortgage. Which seems to make the most sense to us, why not start with the place that holds most of if not all our funds and already has our information. Well, I want to point […]
Where are your down payment funds coming from?
Knowing where your down payment funds are coming from is only half the equation. Being able to source and show is the second part. As a lender we see all sources of money being used for down payments. Some of which include but are not limited to; 401k’s, gift funds, stocks, mutual funds, savings bonds […]
Don’t Put The Cart Before The Horse
You’ve heard the expression “don’t put the cart before the horse”. Well this holds true when wanting to purchase a home. If you are looking to purchase a home you should find a lender before finding a Realtor. Getting pre-approved should be viewed as a mandatory step before looking at homes! Would you go shopping […]
Appraisal and Home Inspections
Many home buyers get a little confused as to the difference between an appraisal and a home inspection. Both are shown as deadlines on the purchase contract. You may be asking yourself “why is it needed if you are getting an appraisal, why would you need an inspection too?” Although the home inspection is optional, it is […]
