Why Interest Rates Are Rising: What You Need to Know
Why Interest Rates Are Rising? If you’ve been keeping an eye on financial news, you may have noticed that interest rates are still rising. But what does this mean for you and the economy? In this article, we’ll explain why interest rates are going up and...
Choosing a Realtor? Here are some tips worth mentioning.
Thinking of buying a new home or selling the one you have? To find a real estate agent can be a tricky undertaking. Here are some suggestions to make the process as painless as possible. Do your research. We do everything else online, shop, chat, game. Setting out to...
Financing Your Down Payment
You’ve contemplated purchasing a home; you’ve even started looking at one in your price range and preferred location. What about the down payment? Where will it come from? Pulling such a large amount of cash out of your hat can seem impossible, but there are creative...
Boulder Creek Building Possibilities in Bluff Lake & Beeler Park
Boulder Creek homes are working to fill a niche in the Stapleton area. Homebuyers are asking more and more for ranch style homes, so they are building exquisite one-story patio homes with 2-4 bedrooms. These homes have high-quality exteriors and finished basements....
On the Fence? Should you buy or rent?
Renting gives you security and a roof over your head. You have no worries when the kitchen faucet needs to be replaced or the fridge goes out. You can also move a lot easier. Want to move into a new apartment complex? How about a new town? That’s easy, just wait until...
6 Important Tips Before Buying a Home
Thinking of purchasing a home? Is the time right for you? Regardless of how ideal the market is, it’s a major milestone in your life and bears some thought before jumping in. Here is the list of six things you must do before purchasing your home: Hire a realtor Don’t...
Fannie Mae Relaxes Debt-to-Income Standards in July
Have you been waiting to apply for a mortgage until you’ve paid down more of your outstanding debts? Well, here is some good news for you: On July 29, 2017, Fannie Mae, the world’s largest source of mortgage funding, is lowering its debt-to-income (DTI) requirements....
Denver-area Housing Continues Trend Upward
The Denver Metro Association of Realtors has released their DMAR Real Estate Market Trends Report for June. And no surprise to those of us in the real estate field that housing prices are continuing their rise. What may be a bit surprising is that in May there...
4 Tips to Getting the Home You Want in Denver’s HOT Market
Ready to move? Great! Ready to move into an area with a sizzling hot housing market like Stapleton Denver? Even better! No, I’m not crazy. That is a great idea. You want to go where others are going. The housing marketing is moving for a reason. Certain positive...
The FHFA and High-Balance Loans – What You Should Know
It’s not your job to stay on top of all the new mortgage rules, rates and programs available. That is our job. However, we thought you might want to know about something called a high-balance mortgage. This is especially important if you are looking in one of the many...
The Mortgage Process – Insider Tips
Exciting and confusing! You’re buying your new home and it’s so exciting! And confusing? Professionals spitting out buzz words, rates, numbers, and rules all over the place. I guarantee you are hearing terms you have never heard before. And that’s OK. Here are some...
5 Things You Need to Think About Before Buying a Home
No. 1 – Think about the costs of owning a home, not just buying it When you are a renter, repairs and fixes are covered by your landlord. When you own a home, these costs become your financial burden. What else goes into owning a home? Could you afford to replace the...
Want to Get into Affordable Housing in Stapleton? Why you must act NOW.
Denver Colorado is in the middle of a population boom with the city’s population approaching 700,000. The US Census bureau said that Denver alone added 13,028 people last year. In addition to people moving into Denver proper, there is wild growth in the outlying...
Is Affordable Housing a Myth in the Hot Denver Area Markets?
Have you heard of Stapleton Colorado? If you are looking to move to the Denver area, you probably have. Stapleton is a neighborhood that is growing dramatically. Home prices are on the rise. The economy is great and the market is white hot. So, how do you get into...
Great news for home buyers paying student loans – Fannie Mae has changed its policy
The new policy in place with Fannie Mae allows Colorado mortgage lenders and beyond to use the monthly student loan payment provided on the borrower’s credit report to calculate the debt to income ratio. This is great news if you are involved in an income-driven...
Customer Service and the Best Rate – You Deserve Both from Your Mortgage Lender
As a prospective borrower, you have a lot on your plate. There are a lot of documents and red tape involved in getting the perfect mortgage loan that works for you. And you want a good rate, but you also want great customer service. How do I know this? Ally Bank...
Mortgage rates – they are rising! And indicators point to more hikes in the future
The Federal Reserve announced its second interest rate increase since December. And all indicators point to more increases. This can have an impact on both your existing mortgage, if you are in an adjustable rate, and on future mortgage rates. The short story here is...
IT’S A GREAT TIME TO BE A HOME SELLER IN METRO DENVER – WHAT IF YOU’RE A BUYER?
The Denver Metro Association of Realtors (DMAR) published their Denver Metro Real Estate Market Trends Report for February of 2017 and based on this report, things are going to get harder for home buyers. LET’S LOOK AT SOME HIGHLIGHTS FROM MARKET INSIGHTS;...IS THE 1% DOWN MORTGAGE RIGHT FOR YOU?
Is this 1% down program for you? Do you have good credit? Ready to buy, but short on cash? Want to conserve funds? This could be a great program for you! Is there a max loan amount with 1% down? Yes. With 1% down the max amount is $417k, which is the conventional loan...Lending Maven is a Denver home loan company with more than 21 years of experience helping homeowners purchase and refinance their homes. We consistently have rates that are the best in town, and invite you to enjoy our no-obligation free rate quote.
