Mortgage News

NEW Closed Loan – 7/29/20
The loan for a Colorado Mortgage Group customer went from submission to CTC in just 14 days — that’s really fast! It was submitted on July 9, 2020 and received the CTC on July 29, 2020. Great work David Burson ...
Colorado Mortgage Group can now offer $679,650 Conventional High-Balance loan program
680 minimum FICO 43% debt-to-income 80% loan-to-value Primary and second homes Average turnaround time of 15 days or less from submission to closing Some areas of Colorado have an average purchase price well above the Conforming loan limits and High-Balance ...
FHA Condominium Project Approval
FHA Guideline Update: Thought about purchasing a condominium in the past? FHA has just announced that is will be changing its rules to make it easier for buyers to get federally insured financing.  This is good news because traditionally condos ...