Archive for April 2014

How Much Money Do You Need to Buy a House?

How much money do you need in the bank to buy a house? If you are buying a primary residence (a house you're going to live in...

Ever get annoyed waiting at a closing after everything has been signed, sitting there twiddling your thumbs while the closer sends the paper...

The most common question we are asked is, "How long do I need to have a job to get a mortgage?" Here's the answer: Generall...

Some people file their tax returns early, and some people file them late. Can you still get a mortgage if you haven't filed your tax ret...

We can now underwrite loans without a sales contract, so when you are ready to make an offer on a property, your offer is the same as cash. ...

Fannie Mae's monthly housing survey reports that 47% of the adult population in the US thinks it would be easy for them to qualify for a...

Ever wonder what the differences are between an FHA loan, a conventional loan, and a CHFA (Colorado Housing and Finance Authority) loan? Wel...

Here are five of the most common questions we get asked by our borrowers: Do I need 20% down? For a primary residence, you only need 3...

Did you know that FHA does NOT require a seller to own a house for at least 90 days before selling it? That's right - if someone buys ...

Ever had a deal fall apart because your buyer wanted to buy an investment property, but they had more than 4 financed properties? We ...

It is now possible to get mortgage insurance for investment properties. What does this mean for you? It means that you no longer need 20% ...

It is now possible for a buyer to get a conventional loan with none of the down payment coming from their own funds. In the past, mortgage ...

Important Links & Data for these Accelerating Times from Ralph Ring -- Jaime's Letter to Ralph & Marsha Ring April 3, 2014 http:...