Mortgage Resources

How To Avoid Common Mortgage Approval Mistakes
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 ...
What Is a FHA Adjustable Rate Mortgage?
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 ...
FHA Reverse Mortgage (HECM)
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 ...
FHA Loans For Condominiums
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 ...
How to Improve Your Credit Score
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 ...
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 ...
How to Contact the Denver, Colorado Regional VA Benefit Office
Denver Regional Loan Center: The Denver Regional Loan Center (RLC) is one of eight VA regional loan centers (RLCs) administering VA’s Home Loan Guaranty program, which helps Veterans obtain mortgage loans from private lenders by guaranteeing a portion of the loan against ...
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 ...