Lenders - OHR Real Estate News

How to Know if You Qualify for a Home Mortgage: A Simple Guide

Leave a Comment / Buyers, Buying a Home, Home Loans, Mortgage Information / By Danny

1. Do I qualify for a mortgage? It’s important to think about what your monthly payment will be in a financial capacity. You need to figure out if you have enough income to make your monthly mortgage payments and still have money left over. Some lenders will ask for a basic income tax and/or W-2 information. Others will ask for additional tax information.

Real Estate News:

Denver Foothills – Close Enough to the City but far enough away

The Denver Foothills is without a doubt the best place to live in Colorado and arguably the country. It is close to Denver but far enough away. That isn't a slam to Denver but most people that move to Colorado come to Colorado for fresh air, elbow room and the Read more

Is the Real Estate Market Seeing More Homes for Sale in Evergreen Colorado and Denver Foothills?

The real estate market is a fickle beast, with many factors coming into play when deciding whether now is the right time to sell your home and buy a new one. If you’re thinking of upgrading your current home or downsizing to a smaller residence, it can be helpful to Read more

Buying a Home in the Colorado Mountains

If you are contemplating purchasing a home in Colorado, there are several important factors that you should consider before making a decision. In this article, we will delve into the down payment, credit score, title insurance, and getting pre-approved for a mortgage. If you are uncertain where to start, we Read more

Real Estate Agents Evergreen Colorado

Evergreen, Colorado, has plenty of property for sale in this perfect little mountain town. Evergreen is one of the most desirable areas in the Denver foothills of Colorado. With a population of more than 25,000, this residence is close to Denver and the world-class ski resorts of Breckenridge and Vail. Read more

Getting Financing for Buying a Home: What You Need to Know

Leave a Comment / FHA, Home Loans, Mortgage Information, Mortgage Rates / By Danny

Lenders are constantly changing the parameters and terms for obtaining financing. Most people still need to get a loan to purchase a home. There are more cash buyers in some areas but most Americans still finance their home. With mortgage rates at historic lows, money is almost free to borrow. Getting financing is not as difficult as you might think in 2021.

Real Estate News:

How Does Student Debt Impact You Buying a Home?

Student Debt and Buying a Home Whether you are just about to graduate college or you have been out for a few years, there's a good chance you're carrying some amount of student loan debt. It seems that news headlines are regularly pointing out that the nation's graduates are suffering Read more

How Does Inflation Affect The Real Estate Market?

When inflation rises it seems like the price of everything goes up. Although low interest rates are a major cause of inflation it still makes home prices rise. Does that mean it is better to buy with cash or get a mortgage when inflation increases. If interest rates rise then Read more

What are the Different Types of Home Mortgages? FHA, VA, Conventional, USDA and Jumbo.

Mortgages are one of the most important decisions for any homeowner. The mortgage you choose will not only dictate how much money you spend on interest but also the type of property you can purchase. Knowing your options is key to making a decision that'll work best for you.

What is the Difference Between an ILC and a Land Survey?

What is the difference between and ILC and a Land Survey? Most title companies and lender will accept an ILC which is cheaper than a land survey but aren't as exact or time consuming as land surveys. Usually, a county or town will require a more detailed survey for building Read more

What is the Difference Between an ILC and a Land Survey?

Leave a Comment / Buyers, ILC, Mortgage Information, Selling Your Home, Title / By Danny

What is the difference between and ILC and a Land Survey? Most title companies and lender will accept an ILC which is cheaper than a land survey but aren’t as exact or time consuming as land surveys. Usually, a county or town will require a more detailed survey for building and addition projects.