Posts tagged as:

Loans

How to use the $8,000 Tax Credit BEFORE You Close

by Vali Wimberly Denver Realtor on May 13, 2009

in Denver Home Buyers

Learn how to use the $8,000 first-time home buyer to purchase your house using CHAF’s JumpStart program.

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Buying a Condo in Denver Today Requires a Bigger Down

by Vali Wimberly Denver Realtor on May 6, 2008

in Mortgage News

Buckle your seatbelt and grab somebody who has been down this road before because it just got a lot more difficult to buy an attached dwelling in Denver.
Loans on condos in Denver have fallen under stricter guidelines and mortgage insurance companies have set a maximum loan-to-value ratio of 90% on conventional loans. If are are [...]

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Investors Lock Now!

by Vali Wimberly Denver Realtor on April 24, 2008

in Mortgage News

Fannie Mae & Freddie Mac are introducing new pricing for investment purchases. This will incur, either more money to close, or approximately 0.25% higher rates for your investment buyers.

Loan to value of 75% or less will have a 1.5% discount point
Loan to value of 75.01% to 80% will have a 2% discount point
Loan to value [...]

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Home Foreclosure in Your Future?

by Vali Wimberly Denver Realtor on February 7, 2008

in Denver Home Sellers

It’s not too late for a struggling home owner to turn a bleak mortgage situation around. Borrowers across the nation have been hit hard and a huge chunk of them aren’t able to pay up when the monthly mortgage bill comes.
I have clients looking to purchase their first home in Denver county and eight of [...]

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What’s your number? ~ FICO, that is.

by Vali Wimberly Denver Realtor on October 4, 2007

in Mortgage News

It’s a question that makes some people sweat and others beam with accomplishment. A person’s FICO is becoming more and more important these days with the tightening reigns on the mortgage industry it’s getting more difficult for people with (uh-hum) poor FICO scores to obtain a home loan. But really what does that mean?? Is [...]

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