FHA Loans

Using an FHA loan to buy a condo in the Denver area

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Yes it is possible to buy a Denver area condo with an FHA loan! And here is how you can do that: The condominium unit must be on the approved list of FHA condominiums (or you’ll have to attempt the rather lengthy Direct Endorsement Lender Review and Approval Process). You can click here to see [...]

6 BIG things mortgage lenders look for

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Worried about qualifying for a mortgage? You’re not alone: this is overwhelmingly the #1 concern among home buyers. Here are 6 tips to getting a mortgage. Income Stability: It isn’t necessary that you stay in the same job forever but to increase your chances of getting a mortgage loan it’s a good idea if you [...]

FHA Loan Facts

FHA loans are becoming popular again and I’ve had a lot of questions about them, so hopefully here are some answers for you: 1. FHA doesn’t actually loan money, it just insures the loan making it a little less risky for the lenders to lend their money. 2. You do NOT need to be a [...]

Borrow up to $406,000 through FHA

HUD released its new increased lending guidelines today and while unfortunately the jumbo loan limits of $417,000 in Broomfield County have not been raised, the limits on loans that FHA will guarantee have jumped clear up to $406,000! So what does this mean to Broomfield homebuyers? If you have shaky credit (like a bankruptcy or [...]

Breaking news on increased home loan limits in Broomfield

Breaking news on the Broomfield real estate market, buying a home in Broomfield, and real estate issues in the Denver-Metro area, every day, on The Skinny on Real Estate. The National Association of Realtors is estimating that the FHA loan limits in Broomfield County will increase from $308,370 to $405,750. FHA only requires a 3% [...]

Thinking about Willow Run in Broomfield? …Broomfield Real Estate News

Breaking news on the Broomfield real estate market, buying a home in Broomfield, and real estate issues in the Denver-Metro area, every day, on The Skinny on Real Estate. If you are interested in moving to Broomfield and are looking for a home that has around 3 bedrooms and 3 bathrooms, costs (mostly) in the [...]

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