October 2012

Waiting Periods After Bankruptcies, Foreclosures, and Short Sales

After a bankruptcy, a foreclosure, or a short sale, a potential home buyer must wait a certain period of time before they are eligible to ge...

Here are the most recent down payment requirements for the various types of home loans: For conventional (non-government) loans: 5% down for...

The top two questions we've been asked this past week are: "How big a mortgage can I qualify for if I make X amount of money?"...

There are three credit reporting agencies: Experian, TransUnion, and Equifax. When a lender pulls someone's credit, they get a score fr...

First to give a short update, I just came back from an amazing trip to Andaman and I have lots of stories to tell and lots of photos to ...

We are often asked by buyers and real estate agents to recommend a good home inspector. Without hesitation, we can recommend Ken Ishmael. ...

Here's a list of the information that needs to be provided for a conventional loan when a borrower has to show that they have sufficient...

Some title companies are now requiring that the cashier's checks that buyers bring to the closing be made payable to the title company o...

Here are the required down payments for various types of loans. For conventional (non-government) loans: 5% down for a primary residence (3%...

Everyone knows that when you first get a mortgage, most of the monthly payment goes to pay the interest and not to pay down the loan princip...

Here are some recent changes to the CHFA (Colorado Housing and Finance Authority) loan program: The minimum borrower contribution of $1,000 ...