Sep
4
Denver Mortgage Loans
Filed Under mortgage | Leave a Comment
Denver Lender provides Denver Mortgage Loans and Denver Home Equity Loans:
Denver Mortgage Loans are available for refinance and purchase transactions:
Refinance: Getting the right Denver Mortgage Loan is an important part of your refinance transaction. Home loan specialists can assist you by finding the right loan during your refinance
Click Here To Get Started On Your Refinance
Purchase: Whether you’re buying your first Denver, Colorado home or moving up to your next home, getting the right Denver Mortgage Loan is an important part of your purchase transaction. Home loan specialists can assist you by finding the right loan during your purchase.
Click Here To Get Started On Your Home Purchase Loan
Denver Home Equity Loans are also available for refinance and purchase transactions but may also be obtained separately:
Home Equity: Whether you’re looking to improve your Denver home or consolidate debt, getting the right Denver Home Equity Loan is an important part of your cash out or debt consolidation transaction. Home loan specialists can assist you by finding the right home equity loan.
Click Here To Get Started On Your Home Equity Loan
Feb
10
File under small victory: Colorado cracks down on mortgage brokers
File under mortgage + home equity loan + checking account : Aussie ARM can pay off
File under conforming loan limits: It’s still $417,000 in Denver and Colorado. California is a different story.
File under money from the Feds: Rebates, What you need to know
File under 16th & Court makeover: Adam’s Mark sale done
File under not a lopsided trade after all: Manning for Rivers
File under an interesting experiment: Due to Top Five Fridays I rank well for Mailman Newman
Feb
4
Monday Morning Quarterback
Filed Under colorado, rates, sports | Leave a Comment
Microsoft may be buying Yahoo. They also might be buying the Sun complex in Broomfield. Despite Google’s meteoric rise, Microsoft is/are still the Joneses and Google knows it!
The caucus in Colorado is Tuesday. Isn’t twenty years of Bush (4) + Clinton (8) + Bush (8) enough? For the record, I’m a huge fan of Barry. If you read his bio, you might become one too. He’s half African, half Caucasian. Raised in Hawaii. Lived in Indonesia. Schooled in California and NY. Senator for Illinois. He’s got the whole country and a lot of ethnicities covered plus according to the NY times he’s a MAC.
Rate cuts, rate cuts, and more rate cuts.
I’ll be the first to admit that I really didn’t think the Giants had a shot at winning the Superbowl. I grew up watching both the Jets and the Giants but since my brother liked the Giants, I adopted the Jets as my team just to spite him. Boy do I regret that move big time!
Despite being a Jets fan, it’s hard for me to hate the Patriots. New England line backer Tedy Bruschi is the same ethnic chop suey as I am.
Why do we love sports? My brother said it best, it’s unscripted drama.
My brother is now a Broncos fan.
Suck it Peter King!
Dec
17
Colorado and Prepayment Fees
Filed Under mortgage, rates | Leave a Comment
From the Rocky Mountain News:
With foreclosures at record levels, a Colorado regulator has tackled prepayment penalties that can trap borrowers in costly mortgages.
The measure, which took effect Friday and was announced Monday, prohibits fees that extend past the dates loans are adjusted to higher interest rates.
Read the full story: Prepayment fees limited
Nov
13
We’re Finland?
Filed Under economy | Leave a Comment
The Mortgage Reports has an interesting article on the Global Economy with respect to where different countries and their GDP map to each state in America. According to the map:
Colorado equates to Finland.
Photo courtesy of Visit Finland.
Nov
12
Mortgage article from the Denver Post:
An increased number of subprime loans were made to Colorado residents in 2006, according to a report issued Tuesday by the Colorado attorney general’s office.
Read the full article: Colo. subprime loans soar in ‘06
Oct
22
Option Arms are in the news again
Filed Under foreclosure, mortgage, personal finance, rates | Leave a Comment
File this under: Unsuspecting borrower duped into getting a difficult loan to comprehend.
From Sunday’s Denver Post: Crushing ARMs squeeze homeowners
In 2003, 1.1 percent of mortgages originated for a purchase or refinance in Colorado were option-ARMs and another 2.5 percent were interest- only loans that didn’t pay down principal, according to First American LoanPerformance, a San Francisco mortgage research firm.
…
Many borrowers don’t understand negative amortization, how their payments are rising, and why the loans they expected to rescue them are dragging them into foreclosure, he said.
The mortgage brokers who sold these loans were (most of them are out of the industry) dumber than dirt yet were great at selling these products. If you went with a mortgage broker because they sold you on a loan products, who’s really to blame?
Oct
12
Oct
12
Real Estate has clout
Filed Under real estate | Leave a Comment
When it comes to jobs:
One out of every nine jobs in Colorado is tied to the multibillion-dollar residential and commercial real estate industry, according to a report released Thursday.
Read the full story: 1 in 9 jobs tied to real estate
However, more are more mortgage jobs are being cut each weak so expect that ratio to increase.
Sep
26
Two Colorado Springs Air Force bases are poised to get 839 new homes, which could bolster the city’s homebuilding industry as it works its way through a slump. Read the full article: Springs AF bases to get new housing
If you’re moving to the Springs and need a VA LOAN, call me today. Wow. Did I just write that? Yikes! How about this:
As a mortgage professional licensed in Colorado, I help military borrowers procure VA loans.