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 first time [...]

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 foreclosure [...]

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% down payment, [...]

Mortgage reform may hurt poor people … 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.
Ronald Reagan said one of the most feared statements had to be “I’m from the government and I’m here to help.”
This applies to many things, including over-reaching [...]

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 mid-$200’s, [...]