As mortgage rates eclipsed 7%, homebuilders employed an intricate strategy to drive sales – subsidizing rate buydowns to reduce monthly payments. This phenomenon flies under the radar but understanding its financial mechanics and marketplace role helps buyers evaluate the best Read more
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 Read more
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, Read more
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 Read more
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 Read more
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 Read more
Mortgage lenders have substantially 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 Read more
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 Read more
For starters, depending on your income, you may be able to buy a higher priced home. Denver’s maximum conforming loan limit is now $816,500, which is up from $787,500. The Denver counties enjoying this increase are Adams, Arapahoe, Broomfield, Clear Read more
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 Read more