Archive for Colorado Mortgage

Our Government has changed the way how you get your Denver Colorado Mortgage or Colorado Home loan effective January 1, 2010.  Sweeping changes in the Real Estate Settlement Procedures Act (RESPA) were made for the first time in over 30 years. 

 The U.S. Department of Housing and Urban Development (HUD) republished their Settlement Cost Booklet:  “Shopping for Your Home Loan”.   You are to be given this 49 page booklet within 3 days of your Denver Home Loan application by your Colorado Mortgage Broker or the mortgage Denver lending company.

 As in many cases when the Government tries to help and to protect you the consumer, they fall short in street smart common sense.  In the below video, I recommend what I believe to be a much more practical and powerful way for you to purchase your next Denver Colorado home.  

The next Denver Colorado Mortgage Tip will address why you need to have your own Colorado Home Loan Personal shopper for your next Denver Mortgage or Colorado home loan.

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Instead of the normal Denver Colorado Mortgage financing tip, I recently made a video to help an investor friend who has a home in Denver for sale.   You will learn why it is important to get your Denver Colorado mortgage or Colorado home loan now.  Some people are waiting for Denver home prices to drop.  Well they aren’t dropping, but are rising.  Real estate Denver bottomed out last year!

In the video you will see factual information with financial examples that clearly show that if you wait, you will pay a lot more for your Denver Colorado Mortgage or Colorado home loan.  Additionally, you will get a lot less home for the value.    Watch Video. 

I would appreciate your feedback.  Please let me know whether you agree or disagree. 

Stay tuned for your next Denver Colorado Mortgage Tip.  I want you to be an informed borrower for your next Colorado home loan.

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