Whether you are a first-time buyer, experienced home buyer or someone who wants to buy multiple rental properties, the subject of your credit score will come up. You may also hear this referred to as your FICO score.
Pros and cons of buying down an interest rate
In short, buying down interest rates is when a buyer puts down more money upfront to reduce interest rates and the mortgage amount in total
The 4 Types of Home Loans
Individual variances may impact which loan type is best for you and your situation. Below is a quick high-level breakdown of the 4 major loan types: conventional loans, FHA loans, VA loans or USDA loans
7 Things NOT to DO after You are Pre-Approved for a Home Loan
Avoid a headache and read this post to avoid 7 common pitfalls homebuyers make after getting pre-approved for their home loan.
How Much House Can I Really Afford?
This post is part of a series called “Tough Questions: Real Answers,” where I answer your burning questions about buying or a selling a home in Colorado, or real estate in general. To submit your question, email me at [email protected]
Tidy Up Your Underwear Drawer: Preparing for Lenders
Be prepared for the qualified mortgage process as Qualified Mortgages are basically an “ability-to-repay” rule, so lenders will have to look deeper into a buyer’s criteria before making a loan.