Sep

4

Denver Mortgage Loans

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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…

Filed Under mortgage | 1 Comment

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

Nov

13

We’re Finland?

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finland.jpgThe 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

The subprime landscape is changing in Colorado… maybe not.

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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

FHASecure and your Adjustable Rate Mortgage, perfect together?

Filed Under denver post | 4 Comments

Sep

26

The Springs loads up with 839 new homes

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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.

Sep

25

The Toll on Lenders is minimized

Filed Under denver post, mortgage | Leave a Comment

The headline is much better than the article:

“Quick action by Erin Toll, state Division of Real Estate director, kept lenders from pulling out of Colorado because of new laws.”

In June, some major lenders (OptionOne Mortgage, IndyMac, SunTrust Mortgage and Aurora Loan Services) threatened to stop making home loans in Colorado after they disagreed with new requirements the state placed on mortgage providers.

The lenders were beefing about this law:

Mortgage providers must show that loans are reasonable and benefit borrowers, and they must also disclose more about how they are compensated.

Seriously, don’t waste your time reading the full article: Regulator keeps money flowing for homebuyers

Sep

24

Links

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Here are some links you might enjoy:

Sep

17

Random sports observations

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I’ll always like sports more than mortgages so here are some very random sports observations:

  • Joba Chamberlain of the Yankees is a BIG BOY and ESPN should televise EVERY Yankees vs Red Sox game. It’s 18 games of pure baseball magic.
  • Willie Randolph of the Mets and Clint Hurdle of the Rockies have the same problem, they both have terrible bullpens. Clint Hurdle is better at managing his putrid pen.
  • For all the traffic issues the Rockies cause in downtown Denver, they finally made up for it with a decent season and “meaningful games” in September.
  • The boys from Florida State are much faster than the crew CU has from Texas, California and some parts of Colorado. Cody Hawkins will be very good in a year or two.
  • Matt Holiday is having a great year playing left field at Coors Field. I have a feeling Ryan Spillborghs will be playing left field next year.
  • The Broncos are a very lucky team. Two weeks of pure luck. I hope that they’re lucky when they play the Colts or the Patriots in the playoffs in January.
  • The NFC is up for grabs but in the AFC it will really come down to the Patriots and Colts. Unless of course Tom Brady finally gets the beating of the week by the Red Sox nation for wearing a Yankees cap in public.
  • Tiger won the Fed Ex Cup. Did we really needed more assurance that Tiger is the best?
  • Charlie Weis brought respectability back to Notre Dame just like Britany Spears brought respectability back to Britany Spears at the 2007 VMAs.

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