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A tremendous amount of Seniors (62 or older) have an enormous amount of equity tied up in their home with no way to access it through traditional loans. This is where a Reverse Mortgage can be a great retirement planning tool. With a very simple qualification process they can now have access to some of that equity immediately and a line of credit which increases over time. This equity can now be put to use to pay off any mortgages on their property with the remainder for debt consolidation, home improvements, dream vacation, etc. This eliminates monthly mortgage payments and can even be used to supplement the income they are currently receiving. A Reverse Mortgage can even be used to purchase a new home to right size, accommodate special circumstances, or move to a preferred location. They can enjoy having no monthly mortgage payment, increase their purchasing power, and even save some of the money received from the sale of their former home. To learn more and/or to see if you qualify give us a call at (303) 650-9400 today!

Posted by Ken Morley on April 5th, 2024 10:35 AM

If you are looking for a new home with a price of $360,800 or less we invite you to check out our "1+  Purchase Program". This means you provide the 1% down payment and receive a grant of 2% resulting in a full 3% down payment. This must be a primary residence and your income must be 80% or less of the Area Median Income. For an area in and around Denver this would be $100,400 or less per year. Limited time offer. To see if you qualify give us a call at (303) 650-9400! What a great way to start on the road to homeownership.

Posted by Ken Morley on March 15th, 2024 12:09 PM

So you are ready to buy your first home but just don't have enough for a down payment? (FYI: The required down payment can be as little at 3% of the purchase price). We have some great options to help with Down Payment Assistance and now have a lender who has removed the income limits which prevented some from taking advantage of this benefit. To see if you qualify for Down Payment Assistance simply give us a call at 303-650-9400. Who knows you may be able to buy sooner than later!  

Posted by Ken Morley on March 5th, 2024 4:12 PM

This is that time of year when the bills come due from the holidays and for some it might be hard just to make the minimum payments. If you are a homeowner and experienced the record amount of appreciation we have had over the last few years, a debt consolidation loan may be just the answer. A debt consolidation loan gives you the opportunity to restructure the debt you've already created into a lower interest rate (in most cases) with a more manageable monthly payment. The savings can be substantial if you have one of those credit cards approaching a 30% interest rate with a high balance. Let us do the work for you and see if you could save $500 to $1000 or more per month. There is no up front cost or obligation and it could make a big change in your life. Get started today with a simple call to (303) 650-9400 or click on the "Quick Quote" button above. 

Posted by Ken Morley on January 23rd, 2024 1:50 PM

Believe it or not but we have a Reverse Mortgage program that starts at the age of 55. Now you can tap into the equity of your home seven years earlier rather than having to wait until you are 62. The Reverse Mortgage is quickly becoming another retirement planning tool where folks do not have to go through the rigorous underwritting of a standard loan, can access the equity in their primary residence, and are able to eliminate their monthly mortgage payment. If you would like to explore your options without obligation simply give me a call at (303) 650-9400 today!

Posted by Ken Morley on January 11th, 2024 3:09 PM

Interest rates are coming down and unfortunately that means more competing offers for the home you want to buy. Give your offer the advantage of a Verified Approval Letter for all loans except Jumbo! This is not your typical "Pre-Qualification" or "Pre-Approval" as some may call it. This goes further in depth where a mortgage underwriter will review your application, income, assets, and any other unique circumstances present before issuing a Verified Approval Letter. The idea behind this is to make your offer just subject to an acceptable property and value. The seller will know that you have taken the extra steps necessary to reinforce your offer and you can shop with confidence knowing that your information has already been verified. This may also give you the opportunity to improve your credit score resulting in a lower payment or possibly a higher purchase price. This service is being offered for FREE now but that could change in the near future so call us today at (303) 650-9400 or click on the "Apply Now / Login" button above to get started! 

Posted by Ken Morley on January 2nd, 2024 11:43 AM

I am always  shocked when I see a credit card offer with a rate over 29% once the intro rate expires. I am seeing credit card rates ranging from 21 to over 30% in some cases. If you have large credit card balances, an auto loan or unsecured loan with a high interest rate, a new debt consolidation loan using the equity in your home may be a good solution. I offer a free analysis to see if restructuring that debt would be  more beneficial. Just give me a call at (303) 650-9400! Happy Holidays!

Posted by Ken Morley on December 18th, 2023 12:20 PM

Only 5% down payment required on a 2-4 unit primary residential residence. In other words you live in one unit while the other units are rented producing income for you! Call us today for further details at (303) 650-9400!

Posted by Ken Morley on December 8th, 2023 11:27 AM

As of this date the rates are beginning to inch down and predictions are in the not too distant future we will see much lower rates than today. This may present the opportunity to refinance into a lower rate so concentrate on getting a good rate with low costs. Yes the  rate is of great importance but the other factor you want to consider is the Annual Percentage Rate or APR. You should see both the rate and APR on any advertisement. The rate will be used to determine your monthly principle and interest payment. The APR amortizes the cost of your loan over the term selected. The further the spread between the rate and APR the higher your cost will be. The rate you see will catch your attention (that's what it is designed to do) but the APR will give you an idea of how much it costs to obtain that rate. The APR calculation can vary a little from lender to lender so it's best to get a breakdown of the costs for each so you can make a good comparison. The point here is to get a good rate with low costs now (by comparing the rate to the APR) to open up the possibility of refinancing into a great rate later. Our focus is to give you our lowest rate with the least amount of costs. Put us up against any offer you have and I think you will be pleasantly surprised. Check us out by filling out our "Quick Quote" or giving us a call at (303) 650-9400!

Posted by Ken Morley on December 7th, 2023 11:31 AM

Loan limits have been officially increased to $766,550 for VA and one-unit conventional loans (increased from $726,200 in 2023). We are now able to honor this loan limit increase as we head into 2024!

Posted by Ken Morley on November 29th, 2023 10:30 AM

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