Getting a home loan in Denver is not any more difficult than it was a few years ago. Clients ask me all the time “Isn’t it really hard to to a mortgage nowadays? I don’t a big down payment and my credit isn’t perfect.” The good news is that Denver mortgage interest rates are still […]
( I recently met with Cross Country Mortage. They are really tuned into the reality of multiple offers in the Denver real estate market. Here are some creative financing solutions they have to help buyers compete.-Elizabeth) By Wes Tool, CrossCountry Mortgage Creative mortgage financing can be helpful in our competitive Denver real estate market. Some […]
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 […]