Archive for 'Denver Colorado Mortgage'
USDA homes for sale
Ready to buy a home?
If you are ready to purchase a home but you are limited on the amount of money that you have for a down payment, there is still hope.
If you listen to the television or the radio right now, all that you will hear is that the lending rules have tightened up and you need more money down to qualify. There are a few programs in place right now that would like to argue that statement. The USDA homes for sale and the VA homes for sale programs.
These programs don’t require you to buy a beat up or run down fix up property either. You can have access to almost any home that you want to buy. If you you are thinking that the credit requirements are tougher because you are not putting money down, that is not the case. The government has put the VA and the USDA homes for sale programs in place to help out. You don’t need a perfect credit score or a ton of income to qualify. This loan is here for the average borrower to use. Sure there are some minimum standards, but assuming that you might the basic requirements, this is one of the easier programs to get approved for.
Not sure if the VA or USDA homes for sale will fit your situation? Ask us. We can let you know in a matter of a few minutes of how much you can qualify to purchase. We can even set you up with a Real Estate Agent that works with us on these programs. As a team we can get your home quickly – hassle free.
If we start up now, you can still qualify for the Home Buyer’s Tax Credit!
If you don’t live in Colorado – Don’t worry – We can help buyers in all 50 states!
So, you have a VA or USDA mortgage loan? There has been plenty of talk about the FHA loans and the programs available to help those folks. But the question is still there about your loan. There seems to be no answers -
Well, here they are!
There is still time for you to take advantage of these historic low rates. If you are like most others in a VA or USDA loan, your interest rate is probably not as low as it could be. With the Streamline loan process available to you, your rate can be lowered and it can be done with relative ease.
These programs will allow you:
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To take advantage of the low rates
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In most cases, you will not need to get an appraisal done
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You will not need to verify all of your income
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You will not need to verify all of your assets
Combine these benefits with a fast turn time – you can start saving money now. Your VA or USDA mortgage loan will remain in a 30 year fixed program. You will still not have any monthly mortgage insurance premium. You will not have any prepayment penalties. You can even not have any payments for up to two months.
Sure, mortgage underwriting guidelines have become more strict and the time and stress it takes to get it done have increased. This is NOT the case with the VA and USDA Streamline mortgage loan process.
So, it is easy to qualify; could lower your monthly payment by hundreds of dollars every month; with minimal paperwork and no stress to you.
Why not start saving money today? Look into the VA and USDA Streamline mortgage loan options available to you, NOW!
Great news! The Home Buyer tax credit has been extended!
For those of you who were trying to meet the November 20th, 2009 deadline – you have more time.
This extension of the tax credit now gives you until April 30th, 2010. Much more time to look and find that “right” home. The tax credit will still give you up to $8,000.
It also provides help for those that have already purchased their homes. There is now a clause that will allow up to a $6,500 tax credit back to existing home owners who qualify.
If you don’t know if you qualify or have questions how to get started – let us know! We would be glad to give you some hassle free help
With all of the talk about the tax credit and how great the time to purchase a home, we also need to mention the opportunity to refinance your existing Denver Colorado mortgage now.
The rates on FHA; VA and conforming loans are still near all-time lows. Our lenders are offering great programs to kick off the 4th quarter. Turn times are short and underwriting guidelines are getting more relaxed than they have been in over a year.
What does that mean? It means if you have not been able to qualify for a refinance of your Denver Colorado mortgage or other areas in the past, now the chances are you are more likely to get approved with less hassle than ever before!!!
If you have been watching the news, the outlook doesn’t look great for rates and programs in the upcoming months. With the fears that all of the Stimulus packages coming due and inflation concerns, rates will follow and start to go up. We have already seen some lenders start to increase.
So, now is the time! If you have been thinking about refinancing your home, now is the time to act. All the pieces are in place, take advantage of them.
Refinance your Denver Colorado mortgage today
Posted on 23 October '09 by Admin, under Denver Colorado Mortgage. 1 Comment.
