Buying a Home

The Essentials: Your Checklist For an FHA Loan
So, you have started the FHA Loan process, there is some information that is necessary to gather. Below is a list of material to organize and helpful hints that will save time later. Review your credit report: The underwriting guidelines ...
FHA Loan Limits 2015
2015 FHA County Loan Limits for Colorado One-Family is a single family home or condominium Two-Family is two separate living units (duplex) Three-Family three separate living units (triplex) Four-Family  four separate living units (fourplex) Colorado Counties One-Family Two-Family Three-Family Four-Family ...
Co-Borrowers on A VA Loan
Does VA allow Co-borrowers on VA loans? We get some calls from people wanting to use Veteran Co-Borrower and  a VA loan to buy a home. The question might be something like, "My father is a Veteran, can he co-sign ...
Getting a VA loan with Credit Issues
Factors for Loan Approval Lenders work with the borrower's past credit history looking for several variables to determine if a loan is able to be approved. Many people looking to buy a house want to know what factors go into the ...
VA Loan Closing Costs
Closing Costs: When it comes to closing a real estate deal there is a lot to consider. On one hand there is the price of the home to consider and on the other hand the cost of the deal, or ...
What Can a VA Home Loan Be Used For?
The VA Home Loan: The VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs (VA).   The VA home loan program was created in 1944 as part of the GI Bill of Rights. The goal of the ...
Debt to Income Ratios for VA Loans
VA Debt-To-Income Guidelines According to VA guidelines, borrowers and or their spouse must qualify according to set debt ratios which are used to determine whether the borrower can reasonably be expected to meet the expenses involved with home ownership. Usually, ...
What is the Buying Process for a VA Home Loan?
The VA Buying Process for Colorado Home Owners: For most cases the following steps are needed to obtain a VA home loan. Apply for a Certificate of Eligibility. The Certificate of Eligibility (COE) is for the lender verifying the eligibility requirement have ...
What Are VA Home Loans?
VA Guaranteed Home Loans: Listed below are what VA guarantee home loans can be used for: • buy a home, either existing or pre-construction, as a primary residence • refinance an existing loan VA Guaranteed Home Loan Benefits: • Equal opportunity ...
Colorado VA Loan Limits
VA Loan limits in Colorado for 2015: County Name Single Family Home ($0 down and up to) Max Guaranty ADAMS $424,350.00 $1,000,000 ALAMOSA $417,000.00 $1,000,000 ARAPAHOE $424,350.00 $1,000,000 ARCHULETA $417,000.00 $1,000,000 BACA $417,000.00 $1,000,000 BENT $417,000.00 $1,000,000 BOULDER $456,550.00 $1,000,000 ...