This is an FHA program designed to revitalize certain neighborhoods and get people on the track of homeownership. The buyer is credited 50% of the list price of the home which they must occupy as their primary residence for 36 months. Teachers, law enforcement officers, firefighters & emergency medical technicians are all eligible for the program.
This […]
Entries Tagged as 'Home Financing'
Half-Price Houses!!
August 13th, 2008 · 4 Comments
Tags: Home Financing · Downtown Denver · First-time buyers · For Buyers
Buying a Condo in Denver Today Requires a Bigger Down
May 6th, 2008 · No Comments
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 considering buying […]
Tags: Home Financing · Downtown Denver · First-time buyers · For Buyers
Investors Lock Now!
April 24th, 2008 · No Comments
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 […]
Tags: Home Financing · Downtown Denver · For Buyers
Got Cash? ~ Buy a Denver Investment Property
April 3rd, 2008 · 1 Comment
Home prices in many Denver areas have really come down, there are a number of homes to choose from and sellers are being very flexible with offer terms. Also, mortgage rates are still near historic lows. Now you tell me why you are NOT buying an investment property right now??
Buying an investment property is a great way […]
Tags: Home Financing · For Buyers