Majestic Heights (Lakewood, CO)

By Donna Foerster, Metro Denver Real Estate Assistant
(HomeSmart Realty Group)
Comments 6
Featured HUD Home:  Single Family: Jefferson County: Lakewood, CO: April 2012 Every Sunday we feature HUD Homes. Some weeks it will be information about purchasing HUD homes (see the links at the end of this post). Other weeks we will feature available HUD homes in Douglas and the surrounding cou...

By Ryan McCue
(Your Castle Real Estate)
Comments 0
Loan Considerations for Buy and Hold InvestorsAs far as investment loans, little or no money down loans are impossible.  However, lenders do permit the use of Home Equity Lines of Credit or second mortgages from other properties owned by the borrower as a source of down payment.  Or, self-employe...

By Ryan McCue
(Your Castle Real Estate)
Comments 0
Loan Considerations for Fix & Flip / Short-Term InvestorsSecuring conventional financing on a fix & flip or short-term loan is not recommended.  Most conventional lenders sell off their mortgages to investors on the secondary market.  If the loan is paid off early (before six payments are made), ...

By Ryan McCue
(Your Castle Real Estate)
Comments 0
Loan Considerations for Jumbo MortgagesFor the Greater Metro Denver area, any loan amount greater than $417,000 is considered a jumbo loan.  Fannie Mae and Freddie Mac assign different thresholds for various regions across the country.  For instance, $417,000 is not considered a jumbo loan in a h...

By Ryan McCue
(Your Castle Real Estate)
Comments 0
Loan Considerations for Loan Amounts Between $200K - $417KWith all the doom and gloom publications that are mostly exaggerated, many potential borrowers believe that home mortgage lending options have dried up.  While underwriters and investors are scrutinizing files more closely, attractive rate...

By Ryan McCue
(Your Castle Real Estate)
Comments 0
FHA First-Time Buyer Tax CreditIn an effort to boost the sagging real estate market and overall economy, first-time home buyers are being offered a limited time tax credit when purchasing a primary residence.  The highlights of the tax credit are:•    The tax credit is available for first-time ho...

By Ryan McCue
(Your Castle Real Estate)
Comments 0
Loan considerations for a first time buyerLending guidelines are changing on a daily basis for every type of loan: conventional, FHA, VA & commercial.  Nevertheless, there are still very attractive first-time home buyer options available.   If you are or will be a first-time buyer, it is critical...
Lakewood, CO Real Estate Professionals