2026 Loan Limits Increase by 3.26%
The increase in conforming loan limits means that more homebuyers will be eligible for conventional loans, which typically have lower interest rates and fees than jumbo loans. In Denver County, Colorado, housing prices are higher than the national average, so FHFA has what is known as a high balance loan limit, which is set at $862,500 in many areas in Colorado for 2026.
Unlock Serious Savings with a 2-1 Mortgage Rate Buydown
Unlock serious saving with a 2-1 Mortgage Rate Buydown to Lower your Mortgage Payment!
Ready to unlock some serious savings on your mortgage? A 2-1 buydown could be the key. This innovative financing option allows you to enjoy a lower interest rate temporarily for the first two years of your loan, which means more savings and money in your pocket each month until rates come back down without having to wait to buy a house. And who doesn’t love the sound of that?
Mortgage Process Pre-Flight Checklist
Can you image taking a flight headed to Florida but landing in the ocean instead? Not a fun experience. Just like airlines do airplane maintenance inspections before each departure, check routes for developing weather patterns or potential turbulence before take off, and a pilots make adjustments mid-flight based on this data acquired prior to take off so they know what 1 degree corrections may need to be made to ensure a smooth, safe, and on-time arrival at your intended destination.
Big Changes to Mortgage LLPAs
If you are planning to buy a home in 2023 and beyond, it is important to be aware of these changes to the LLPA. The changes could affect the interest rate you are offered on your mortgage by any lender as these changes are implemented by the FHFA, Federal Housing Finance Agency.
Non-U.S. Citizen Mortgage Options
Non-U.S. Citizen Mortgages for Permanent vs Non-Permanent Residents Permanent vs Non-Permanent Residents Buying a home is a major milestone for many people, but it can be especially challenging for Non-U.S. Citizens. Permanent and non-permanent resident aliens may have difficulty obtaining a Non-U.S. Citizen Mortgagee due to their unique financial and legal status. Fortunately, there are […]
Overview of Property Taxes: Your Guide
Property Taxes: Everything You Need to Know Property taxes are taxes levied on real estate, such as land and buildings, and are typically based on the value of the property and are a major source of revenue for local governments. Property taxes are used to fund public services, such as schools, police, and fire departments. […]
How a Home Appraisal Value is Determined
Appraisal Value – how is it established and what does it mean? Real estate appraisal value is an important part of the home-buying process. An appraisal is an unbiased estimate of the value of a property, based on a professional opinion of the property’s condition and market value. Appraisals are used to determine the fair […]
The #1 Home Buyer’s Guide to Real Estate
“Secure Your Future with this Home Buyer’s Guide to Real Estate & Finding the Right Mortgage for You!” In this guide to real estate, we’ll provide you with everything you need to know about buying a home, and securing the right mortgage loan. Buying a home can be one of the most significant investments you’ll […]
The Ultimate First Time Home Buyer Guide
“Your Key to Unlocking Homeownership: The Ultimate Home Buying Guide for First Time Home Buyers!” Tips for First Time Home Buyer’s to Find the Right Home for Your Budget Buying a home for the first time can be a daunting experience. With so many factors to consider, it can be hard to know where to […]