A mortgage rate can move between breakfast and lunch, but your closing date usually does not. That is why borrowers ask, “when should I lock rates?” at one of the busiest points in the home loan process. The best answer is not a prediction about tomorrow’s market. It...
A monthly PMI charge can feel especially frustrating once you have been making steady mortgage payments and watching your home’s value grow. The good news is that knowing how to remove PMI early may help you lower your monthly payment before your loan reaches its...
A strong income does not always look tidy on a tax return. If you own a business, freelance, consult, invest in real estate, or work on commission, qualifying for a home loan can require a little more planning. The best mortgage options for self-employed borrowers...
The price on the contract is only part of what it takes to buy a home. Closing costs are the fees, services, and prepaid items that make the loan and property transfer official. They can be a surprise when buyers focus only on the down payment, but they are...
A mountain-view home outside Durango, a second home near Telluride, or a larger property on acreage can quickly push a financing request beyond the standard conventional loan limit. That is where a jumbo loan Colorado buyers can use becomes relevant. Jumbo financing...
