Colorado Springs Real Estate

Colorado Springs Real Estate Blog

Category Archives: Mortgage Info

El Paso County Mortgage Program available to home buyers!

Posted on January 17, 2013 by Patricia

There is great program now available for those who are considering buying a home in Colorado Springs!  This program will be continuously funded so monies should never run out!  Programs we’ve seen in the past are only available to first … Continue reading →

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One thing sellers need to know about Short Sales in Colorado Springs

Posted on April 5, 2012 by Patricia

There is no doubt about it, short sales can be difficult when you are the owner.  The banks require an enormous amount of information and paperwork from the seller and a short sale transaction can take time to complete.  When … Continue reading →

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Good Neighbor Next Door Program – Colorado Springs

Posted on October 21, 2010 by Patricia

Many Colorado Springs Residents are not aware of the Good Neighbor Next Door Program offered through the Department of Housing and Urban Development (HUD).  Buyers that qualify for the program include full-time teachers, firefighters, police officers, and EMTs. Buyers can choose from HUD … Continue reading →

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Upcoming changes with FHA financing may impact home buyers

Posted on December 9, 2009 by Patricia

Many home buyers in Colorado Springs obtain FHA financing for their home purchase and may be affected by the upcoming changes with FHA guidelines.  FHA offers a low down payment requirement making it easier for many buyers to purchase a home; … Continue reading →

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Colorado Springs Homes: Reverse Mortgages

Posted on July 30, 2009 by Patricia

For seniors 62 and older, Reverse Mortgages may be a great option for gaining access to the equity in their home for additional income. No monthly mortgage payments are required and the equity pulled out of the home does not … Continue reading →

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Energy-Efficient Mortgages available to VA buyers

Posted on July 27, 2009 by Patricia

VA is offering Energy-Efficient Mortgages (EEM) to borrowers who are interested in making energy-efficient improvements to their home. New borrowers or current homeowners interested in re-financing can increase their loan amount to account for the Green improvements that will be … Continue reading →

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Colorado Springs Real Estate- Assuming VA Loans

Posted on July 27, 2009 by Patricia

  One advantage of having a VA mortgage is that it is assumable. If the interest rates skyrocketed and a buyer wanted to assume the seller’s VA loan instead of obtaining a new loan with a high interest rate, it … Continue reading →

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Colorado Springs Home Buyers, Prequalify

Posted on May 1, 2009 by Patricia

Finding a home is an exciting process; although you may want to start looking at homes right away, it is very important to get prequalified first.   The last thing you want to do is find a home you like only to find out that you do not … Continue reading →

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Colorado Springs Real Estate: Changes with CHFA

Posted on April 29, 2009 by Patricia

Many home buyers in Colorado Springs that would like to buy a home but cannot afford the down payment choose to obtain down payment assistance from the Colorado Housing and Finance Authority (CHFA). Formerly, borrowers were not required to make any payments on the money received … Continue reading →

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Colorado Springs Home Buyers: CHFA Loans

Posted on April 7, 2009 by Patricia

Many home buyers in Colorado Springs that would like to buy a home but cannot afford the down payment can receive down payment assistance from the Colorado Housing and Finance Authority (CHFA). CHFA now has a new home loan program available not only … Continue reading →

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