Mortgage lenders have substantially helped self-employed borrowers obtain financing by using the bank statement home loan. Approximately 8 years ago is when the bank statement loan became available and it has become the go-to loan product for business owners and Read more…
The roommate factor is of great importance as a young adult’s method when deciding to rent or buy a home. Renting versus owning is a long standing debate among homeowners and renters. As of now, renters can easily win the Read more…
For starters, depending on your income, you may be able to buy a higher priced home. Denver’s maximum conforming loan limit is now $816,500, which is up from $787,500. The Denver counties enjoying this increase are Adams, Arapahoe, Broomfield, Clear Read more…
Young Colorado professionals have just about all they can handle, and they really don’t want to be concerned with identifying the best places to live around Denver. So, just in case you fit that description, we put together a list Read more…
Buying a Home from a Builder in Colorado In the Metro Denver area, the average detached new home sales price is approximately $534,870 for the past 12 months as of June 30. This represents a 4% increase from a year Read more…
Having a flexible work schedule is pretty much the norm for people who own their own business or are independent contractors. Sometimes the income for one month is huge while other months can be small or nil. Lenders understand this, Read more…
Let’s see how alimony calculations have become more friendly for the former spouse paying their ex-spouse. Fannie Mae recently made it acceptable for lenders to decrease a borrower’s income by the amount of the alimony as opposed to including it Read more…
Here is a wonderful tip for a homeowner who needs to make a specific amount when selling their home. Actually, it it is probably not so new to many of the experienced real estate agents, but it will help the Read more…
The following is a short list of things you should and should not do when buying a home in Denver or Boulder. Mistakes to Avoid During Your House Search #1 Not being prepared to compete in a seller’s market. The Read more…
In order to qualify for a home loan, there are many contributing factors. Keep in mind that one of the crucial factors is your credit score. Just a single point below certain lender thresholds can make a big impact on Read more…