FHA refinancing tips

FHA mortgages work a bit differently than conventional loans. Understanding the differences can help you save money during the refinance process. If you have an FHA loan, keep these tips in mind. Saving on Mortgage Insurance premiums FHA mortgages include an up-front...
Why millennials are choosing FHA Loans in 2017

Why millennials are choosing FHA Loans in 2017

In Denver, Boulder and throughout most major U.S. cities, a growing number of millennials are buying a home with an FHA (Federal Housing Administration) insured mortgage. The findings are based on the latest report from Ellie Mae, a mortgage industry software firm...

Updated mortgage loan limits for 2017

Every year, different housing agencies review and update national loan limits for mortgages. This is important since home prices fluctuate over time. It seems necessary for loan limits to adapt to those changes. Here’s an update on mortgage loan limits for 2017....

Low down payment programs

BOULDER – You’re in the market for a new home, but you don’t have tens of thousands of dollars saved for a down payment. Sound familiar? It’s a common situation for many Americans. Fortunately, Here, we’ll explain two popular programs: Fannie Mae’s 3% down payment...

Important mortgage terms

LOVELAND – Real estate terminology can be confusing, especially when it comes to mortgages. Many terms aren’t quite clear and some are simply misunderstood. Here are a few important mortgage terms that you should know if you plan on purchasing a home. Appraised value...

How to spot wire transfer fraud

BOULDER– Congratulations! You’re in the final stages of purchasing a home! After you’ve made it through rounds of negotiations and paperwork, your Realtor or lender gives you a stack of papers known as the title commitment, which is essentially the title company’s...

Down payment basics

BOULDER – If you’re a first-time homebuyer along the Front Range of Colorado, it’s important to understand your down payment options. A down payment is a lump sum paid upfront that reduces the amount of money borrowed. Its purpose is to demonstrate personal...