What To Know Before Refinancing Refinancing, is when a new mortgage replaces the original mortgage on a house.  This is done when it benefits the borrower to lock in a different, and better interest term and rate. In order to do ...

What is a FHA Loan? FHA loans have helped the United States become some of the most housed people in the world, recording over 73 million Americans as home owners. Today, FHA loans are popular. With lower down payment requirements and ...

1. Avoiding or Leaving Out Information on Your Financial Profile Colorado Mortgage Group will begin by reviewing your personal information.  This information will include employment, income, residence history, debts, and assets. The important take away is to answer every question and ...

Features of How it Works The Key to this program is that the lender is able to assist low to moderate-income families get into a home by keeping costs such as a down payment lower.  Under an FHA loan individuals ...

What Is A Reverse Mortgage? A reverse mortgage is a special type of home loan that lets you convert a portion of the equity or wealth in your home into cash. The wealth that you acquired over the years of making mortgage ...

Although there are many FHA Condo Approval Guidelines, these are the basics that will determine eligibility.  These requirements are taken directly from the FHA guidelines. THE BASIC ELIGIBILITY REQUIREMENTS for 2015 Right of First Refusal in Declarations can not violate ...

Increasing Your Credit Score A credit score reflects credit payment patterns over time, with more emphasis on recent information. You can check your credit report to read a summary of what goes into your credit score. Take the following steps ...

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 ...

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 ...