Mortgage Advice and Real Estate Updates
DSCR or debt service coverage ratio mortgages are valuable real estate financing options for investors. Colorado is a desirable location for many investors thanks to a booming economy, population growth, landlord-friendly policies, and tourism. Nearly everywhere you look, communities and neighborhoods are growing, and with over 300 sunny days per year, there’s no wonder so […]
![Moving to Douglas County, CO: 10 Things to Know [2022 Guide]](https://www.coloradoloanpro.com/blog/wp-content/uploads/2021/10/douglas-county-cover.jpg "Moving to Douglas County, CO: 10 Things to Know [2022 Guide]")
Living in Douglas County, CO Located in the Denver metropolitan area, Douglas County is a lovely area with steep mountains and flat grassy plains wonderful historical landmarks. The county was inhabited by the Native American tribes such as the Arapaho, Cheyenne, and Ute tribes. Douglas County was created in 1861 after Stephen Douglas and when […]
Ready to take the next step and move to Colorado but not sure which small to medium-sized city should be your new home? If you need some help picking which one fits your lifestyle the best, it helps to start off with an overview of Colorado Springs and Fort Collins basics and features. Both cities […]
1.) How long do I need to wait to refinance my home? The typical waiting period is 6-12 months after your purchase or previous refinance. It’s worthwhile to speak with your loan servicing dept. who helped you on your current loan to confirm there aren’t any prepayment penalties for refinancing. One more thing to think […]
The Colorado Springs real estate market has done surprisingly well during 2021, regardless of the continuous challenges caused by the coronavirus pandemic and new variants. So as we approach the final month of the year, we are noticing some favorable estimates for the Colorado Springs housing market into 2022. The same is true for other […]
Mortgage lenders have really helped self-employed borrowers obtain financing by using the bank statement home loan. Approximately 8 years ago is when the bank statement loan became available and it has become the go-to loan product for business owners and self-employed borrowers ever since. Before that business owners were looking for stated income mortgage lenders […]
The roommate factor is of great importance as a young adult’s method when deciding to rent or buy a home. Renting versus owning is a long standing debate among homeowners and renters. As of now, renters can easily win the debate by splitting rent with a roommate and saving. Initially, it seems to be a […]
For starters, depending on your income, you may be able to buy a higher priced home. Denver’s maximum conforming loan limit is now $575,000, which is up from $529,000. The Denver counties enjoying this increase are Adams, Arapahoe, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, and Park. Boulder is now $644,000 in 2020 up […]
Young Colorado professionals have just about all they can handle, and they really don’t want to be concerned with identifying the best places to live around Denver. So, just in case you fit that description, we put together a list of the best areas to accommodate the hectic lifestyle of young professionals. Let’s review the […]
Buying a Home from a Builder in Colorado In the Metro Denver area, the average detached new home sales price is approximately $534,870 for the past 12 months as of June 30. This represents a 4% increase from a year ago. This price point has caused an affordability issue for some home buyers so they […]
