Getting mortgage approval for an investment property is harder than getting approved for an owner-occupied home. Because lenders view rental properties as carrying more risk than a place of primary residence. As a result, investment property mortgage has more...
Buying your first home should be a straightforward affair, shouldn’t it? Unfortunately, it is not and first-time homebuyers soon discover this. Without guidance, newbie home buyers often end up with rejected loan applications. Or they acquire loans that put them in...
Planning to settle down in a rural area? You may want to consider purchasing a home with USDA loans in Colorado instead of renting. This type of mortgage loan offers a lot of benefits such as: Low-interest rates Since USDA loans are backed by the government, lenders...
Buying your first home does not have to be an overwhelming experience that will leave you strapped for cash for the rest of your life. With the right first home buyer loan in Colorado, you should find the experience simpler and more fulfilling. Here are the top...
A VA mortgage in Denver offers significant benefits that can be exclusively enjoyed by veterans and other qualified US service members. This home loan is backed and guaranteed by the U.S. Department of Veterans Affairs, helping those who served the military purchase...
A home loan will make it easier for you to buy a house, but you need to make sure that its terms are suitable to your needs and that it has an affordable rate. Otherwise, it can easily turn into a long-term financial burden. That said, it’s important to seek a...
A 2018 survey revealed that about 62% of millennials who want to buy their first homes don’t have enough money for the down payment. If you are among them, then here’s good news: You can apply for down payment assistance or simply DPA. This program is...
When applying for a home loan, a smart consumer considers not only the lender’s reputation but also the types of loans the lender offers. It is important to carefully assess the different kinds of home loans so you can select the best one that fits your...
Veterans and active duty servicemen looking for affordable home financing have the option of a VA loan—a type of mortgage that is guaranteed by the government and are made available to veterans through various lenders. These loans offer an attractive option to...
Our financial circumstances can change over time. You may have found it easy to pay your monthly mortgage at the time when you purchased your home, but it may become more challenging down the line. If you find yourself having difficulty paying off your home loan these...
