Being in the mortgage industry we see and study the ebbs and flows of the housing market throughout the year. While spring and summer are traditionally seen as the peak times to buy a home, there are compelling reasons to consider starting your home-buying journey in the winter. Here are some advant

Navigating the journey to homeownership can be a complex process, especially for first-time buyers. Fortunately, 2024 brings a suite of updated programs and incentives designed to make this journey smoother and more affordable. Whether you’re just starting to consider purchasing a home or are active

6 minute lesson Lesson SummaryImportance of timely document submission for your loanTypes of documents needed for loan approvalConsequences of delayed document submissionIntroduction to the online portal for document uploadAssistance available from the transaction manager and processorEncouragement

6 minute lesson Lesson SummarySourcing and seasoning are important in the home buying process.Sourcing refers to where the money is coming from, such as a checking account or 401k.Seasoning refers to how long the money has been in that location, typically 60 days.Avoid transferring money between mul

6 minute lesson Lesson SummaryDown payment assistance programs are set up by states, Lenders or state-run organizations.These programs help first-time home buyers or those who haven’t purchased a home in the last 3 years with their down payment.Typically, the assistance covers 4%, 3%, or sometimes 6

AIO Principal First: The Most Innovative Loan Solution for Colorado SpringsLike a mountain’s shadow cast at dawn, home financing often looms large over hopeful homeowners.Just as rivers carve canyons over time, interest shapes the landscape of your mortgage balance.Yet, with the Principal 1st Loan,

The basics of the Rule of 2’s2 Paystubs2 Months Bank Statements2 years W-22 Years Tax Returns2 Years of address history2 years of job historyNavigating the mortgage landscape feels akin to conquering a mountain range, with the daunting Rule of Twos acting as an unwritten map for homebuyers. Prepared

For many prospective homebuyers, saving for a down payment can be a significant hurdle on the path to homeownership. However, with careful planning and disciplined saving, achieving that down payment goal is entirely feasible. Here are some strategies to help you afford a down payment for your dream

2024 VA Disability Pay ChartsNavigating the financial implications of a disability can be a perplexing and stressful endeavor, particularly when changes occur. How can one stay abreast of these fluctuations, ensuring they’re receiving the fair support they’re entitled to?Knowledge is power.Understan

VA Home Loans: Dispelling the Myths and Uncovering the Truths‍As a veteran or an active-duty military member, one of your benefits is access to the Veterans Affairs (VA) Home Loan program. This program, guaranteed by the U.S. Department of Veterans Affairs, is a powerful home buying tool that has re

2024 Colorado County Loan LimitsImagine closing day finally arrives after months of housing searches and paperwork. With keys in hand, you open the door to your new Colorado Springs home, a milestone made possible by navigating the nuanced landscape of county loan limits.This year brings change.Navi

When it comes to purchasing a home, securing the right mortgage is a pivotal step in the process. To ensure you make informed decisions and choose the mortgage that best fits your needs, it’s essential to ask the right questions when consulting with a mortgage professional. Here are five crucial inq

Homebuyer 101: Down PaymentsLike planting a tree, the down payment is your root system. Is it strong enough to support your homeownership dreams?Consider the down payment as the cornerstone of your home purchase, an essential component that stabilizes your financial foundation and secures your place

Homebuyer 101: Down PaymentsLike planting a tree, the down payment is your root system. Is it strong enough to support your homeownership dreams?Consider the down payment as the cornerstone of your home purchase, an essential component that stabilizes your financial foundation and secures your place

Homebuyer 101: Appraisal Vs InspectionsImagine stepping into a home where each room whispers tales of family gatherings and quiet afternoons bathed in Colorado sunshine. In these moments, a property becomes more than a structure; it embodies potential futures and dreams. Yet, emotions can cloud judg

Homebuyer 101: Appraisal Vs InspectionsImagine stepping into a home where each room whispers tales of family gatherings and quiet afternoons bathed in Colorado sunshine. In these moments, a property becomes more than a structure; it embodies potential futures and dreams. Yet, emotions can cloud judg

Homebuyer 101: The Homebuying ProcessEmbarking on the home buying process is akin to starting a marathon – it’s a journey, not a sprint. Do you know what lies ahead?It’s about pacing and preparation. Once your offer is accepted, a series of critical steps begin that, while not always swift, are desi

Homebuyer 101: The Homebuying ProcessEmbarking on the home buying process is akin to starting a marathon – it’s a journey, not a sprint. Do you know what lies ahead?It’s about pacing and preparation. Once your offer is accepted, a series of critical steps begin that, while not always swift, are desi

Homebuyer 101: Who Makes Up Your Home Buying TeamEmbarking on the journey to homeownership in Colorado Springs is an exhilarating adventure laden with intricacies and pivotal decisions. Crafting a team of dedicated professionals is essential for a smooth and successful home-buying experience:Your Re

Homebuyer 101: Who Makes Up Your Home Buying TeamEmbarking on the journey to homeownership in Colorado Springs is an exhilarating adventure laden with intricacies and pivotal decisions. Crafting a team of dedicated professionals is essential for a smooth and successful home-buying experience:Your Re