How long do you need to wait to buy a home after a bankruptcy?
Have you had a bankruptcy? Wondering how long before you can buy a home? I'm here to give you that answer. And, just like everything in mortgages, it depends. It…
What is the minimum down payment required?
How much money do you need for down payment? Well, it depends. There are four major loan programs available (Conventional, FHA, VA & USDA). Each of these programs has a…
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Are online lenders any good?
I'm making progress. I made progress yesterday. I am making progress today. And I know I will make progress tomorrow. Sometimes it doesn't feel like I am making progress but…
Can I use a gift for down payment?
Yes.Ok, maybe I should give you a little more information. A simple "yes" isn't too helpful.Depending on the loan program you are using there are certain rules and requirements that…
Mortgage Ratios Explained
Mortgages are simply a calculation of risk. No different from insurance. When applying for independent health or life insurance you answer a series of questions and undergo some health screening.…
Trended Credit Data
We are about to experience one of the largest shifts in mortgage qualifying that we have had in quite some time. If you have not heard about Trended Credit Data…
Manufactured Homes & Mortgage Requirements
Denver is becoming expensive. For some a bit too expensive which is why they are turning to outlying areas for more affordable homes. Some of the homes located in these…
Comparing Mortgage Lenders
$402,302 $341,956 $8,836.68 Ummm, ok, what are those numbers? Those are numbers I think you will be quite interested in... $402,302 is the average sales price in Denver right now.…
Pain and Pleasure of Buying a Home
Humans are interesting and complex. At times people can seem very unpredictable yet we are all motivated by human nature. And human nature is predictable - motivated primarily by pain…
How Mortgage Companies Look at Credit Scores
You have a CreditKarma or FreeCreditReport.com account and you keep a close eye on your credit score. You receive alerts notifying you of any activity or score changes. You are…