Learn All About the 2024 Colorado Conforming Loan Limits for Various Property Types. Call Sammamish Mortgage Today for a Personalized Quote! 80014 This page includes all Colorado county conforming loan limits for 2024, as well as some information about why such caps are established. Home loans that exceed the maximum amounts displayed below are considered … Read more
A conduit loan, also known as a CMBS loan, is a commercial real estate loan which is secured by a mortgage on a commercial property. These loans are structured by conduit lenders, commercial or investment banks.In this article: If you’re looking to finance commercial real estate you may have come across the term “conduit loan.” … Read more
It’s possible to use a VA loan for a second home, but this process isn’t as easy as simply finding a lender and applying for another mortgage. There are quite a few different rules you’ll need to follow to ensure that you qualify. With that in mind, here’s a look at what you need to … Read more
Its possible to be pre-approved for a mortgage, then denied during underwriting. Find out why this may happen and what you can do if it does. Buying a home is one of the largest purchases most people will ever make. Mortgage loans provide homebuyers with most of the money they need to complete the purchase. … Read more
If you have a VA loan and are wondering how to get equity out of your home, you’re in luck: you can use a home equity loan, home equity line of credit (HELOC) or VA cash-out refinance. All of these options will put cash in your pocket that you can use for anything you choose. … Read more
Buying a fixer upper home can be an exciting way to get your dream house at a discounted price With some elbow grease and TLC, you can transform a dated or neglected property into your perfect home But financing these types of renovation projects takes some extra planning compared to a move-in ready house. Specialized … Read more
Rejection hurts. And itâs even more upsetting when it gets in the way of buying your dream home. Once you get your offer accepted, it may feel like thereâs nothing thatâll stop you. But, unless youâre a cash buyer thereâs one last hurdle youâll need to go through before everythingâs final. Itâs called the mortgage … Read more
I’ve always dreamed of having a mobile home of my very own. The freedom of hitting the open road in a cozy, comfortable space built just for me is so appealing. But as exciting as that vision is, the practical side of me knows that buying or building a mobile home is a big financial … Read more
You can use a VA loan to buy land as long as you plan to build a house on it. For military borrowers, loans backed by the U.S. Department of Veterans Affairs (VA) are an attractive option, since they don’t require a down payment and can offer better terms than a land loan from a … Read more
The United States Department of Agriculture (USDA) offers several loan programs tailored to the needs of rural homeowners, farmers, and ranchers in New Mexico. These programs provide access to affordable financing and support economic development across the state. In this article, we’ll explore the key USDA loans available in New Mexico and how they benefit … Read more