Getting a mortgage loan in Colorado can be a daunting task. Of course, a good REALTOR will suggest some reliable lenders. But, your friends or colleagues might also make suggestions too. How do you choose the right mortgage lender? Its’ not all about the lowest mortgage rate. Ask questions before committing to anyone!
Dennis Martin: My “go-to” lender Jimmy Kinley has some great insights into why Denver mortgage rates are rising. Read this!) It’s time to wake up Sleeping Beauty! Everyone has been telling you for years that mortgage interest rates cannot stay this low forever. We have had a few head-fakes with rates over the last couple […]
(Jimmy Kinley, a local home lender, saw mortgage appraiser abuses start this summer. Some would charge much more just to do a job on time. Sometimes up to $2000. His company didn’t stand for it. – Dennis Martin) Well, it has been a fun few years in the Denver Real Estate Market. The market has […]
I’ve received 6 or more calls in the last week all asking the same question. “Are Denver mortgage rates going up? Should I buy/refinance right away?” First, the simple answer is no. At least don’t expect an increase anytime soon. Since the Federal Reserve Board increased short term government rates on Wednesday, mortgage rates have […]
Realtors, mortgage lenders and title companies are freaking out! Halloween is coming early this year. It fact, it starts tomorrow. TRID begins for real estate contracts written from tomorrow forward and it increases the regulations required to get a mortgage loan as required by the Dodd-Frank Act.
By Jimmy Kinley | Here’s my “Go-To” Mortgage Lender. He has the pulse of the Denver Real Estate Market. Good Article Jimmy! -Dennis Martin It’s been a wild ride here in the Denver real estate market for about two years. Now, I sense the market is starting to level and get back to normal. This […]
I am both a veteran of the Marine Corp and home loan originator here in Denver and I am pissed off. When veterans are offering to buy homes in our competitive Denver real estate market, their offers are often put to the bottom of the stack and rarely accepted by Sellers. That’s a fine “Thanks […]
On January 1st, 2015, the Department of Housing and Urban Development reduced the FHA mortgage loan limits back down to pre-2008 levels in 688 counties nationwide. Most of the counties in Colorado experienced only minor reductions to their limits. However, due to Weld County’s high composition of many small towns and rural areas, HUD officials […]
(Dennis Martin: Once again my friend and “go-to mortgage lender” Jimmy Kinley has totally relevant advice for would-be home buyers and Denver Realtors) Why not, it’s awesome!! The Mountains, The Weather, The Dining, The Sports and Entertainment, Wow! Are we having fun yet or what? It may be “OR WHAT” if you are trying to […]
The Denver real estate market has not changed that much lately. We are still seeing home prices shoot up and competing offers on almost every single listing priced below $500,000. What is starting to change is the trend for mortgage interest rates is down, borrowers are better educated by their Realtors, and some credit guidelines […]