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FHA Financing

Understanding FHA and VA Repair Requirements

  When you put your home on the market to sell, one of the questions you’ll need to consider is whether or not you will accept an offer from a buyer that is using an FHA or a VA loan. On the surface you may not care too much which kind of financing a buyer […]

Posted in Articles Tagged FHA Financing, VA Financing

Shopping for a Pueblo Home Loan APR vs Interest Rate

What is the difference between a mortgage interest rate and an APR? There are many costs associated with taking out a mortgage. They include: Interest Rates Points Fees and Other Charges View image | gettyimages.com The interest rate is the cost you will pay each year to borrow the money, expressed as a percentage rate. […]

Posted in Articles Tagged FHA Financing, interest, Mortgage, Pueblo CO First Time Homebuyers

Putting 20% down is an option not a requirement

In a recent poll done by Digital Risk they asked millennials (those in the 18-34 year old range) who had recently purchased homes found that 36% of them had purchased their home with less than a 5% down payment. A stunning 36% also still believed that a 20% down payment was the only way to […]

Posted in Articles Tagged FHA Financing, Pueblo CO First Time Homebuyers

First Time Buyers in Pueblo FirstDown Program

  The FirstDown program is available for first time home buyers in Pueblo, CO. Even though the program is used primarily for first time buyers, buyers who have owned a home within the last three years may also be eligible. The FirstDown program combines FHA financing with a second mortgage trust deed for 3% of […]

Posted in Articles Tagged Down Payment Assistance in Pueblo, FHA Financing, Pueblo CO First Time Homebuyers
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