Shawn

FHA Loan Limits Are Going Down Soon!

Buy or Re-Fi now! As of September 30,2011 the new FHA loan limits will be going down. Please remember though that this means the loan limit and not the sales price. FHA requires at least a 3.5% down payment on every loan. For a single family home in El Paso county, the new FHA loan limit will be $271,050 instead of the current $325000. I personally do not see this as a problem in the Colorado Springs area. (more...)Continue Reading!

Are You Ready To Buy Now?

Is It Time to Buy a House? By Guest Blogger Rose Kelly  If you are in a place where you want to buy a home, now may be the right time to start thinking about it. The banks and government are simply overwhelmed with homes that have been repossessed, and it looks like there might be as many as 2 million more homes to come onto the market. Prices in many areas are going to continue to fall, and if you can...Continue Reading!

Should you use your VA Home Loan Benefit to buy in Colorado Springs?

YES!!! The VA loan benefit for military service members is one of the best benefits available! Many people hesitate to use their VA loan benefit thinking that it is difficult or can only be used once in a lifetime. Not true on both accounts! Read on below for details on buying a home with a VA loan. (more...)Continue Reading!

VA Loan Rate Update for Colorado Springs

Low Low Low Low! Rose Kelly of ULC Mortgage has just sent me today's VA Mortgage Rates. They are still crazy low! (more...)Continue Reading!