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Tag Archives: down payment

The Top 5 Considerations When Using a Gift for a Down Payment

When purchasing a home, many buyers want to put down the largest amount they can realistically afford. The funding for the down payment can come from a variety of places, and sometimes it comes in the form of a gift. If you’re on the receiving end of a down payment gift, what are some considerations […] …read more

Saving Money For Down Payment

  Good credit? Earn good money? But nothing saved for Down Payment? I know there are many aspects of buying your first home that can be frustrating, one of those on the list…not having the funds for down payment. Well, I know in this day and age it is hard to save money, however, there […] …read more

Denver Real Estate- Rising Mortgage Rates – Have You Concerned?

Here we are, the days are getting longer! You would think the Denver real estate market would be about to wake up from its winter slumber. Wait this is not 2012. So, unless you have been under a rock, that is not the case in Denver. The news to start 2018 in Denver real estate has been […] …read more

Mortgage Calculator Malfunction

Looking for a mortgage calculator to give you the magic answer?  What exactly is the magic answer?  The answer you are looking for is seeing how much home you can afford. What amount are you pre-qualified for to purchase? What the mortgage calculator doesn’t give you is the expected interest rate for you. Same for […] …read more

Purchasing a Multi-Unit

We’ve seen an increased interest in wanting to purchase multi-unit housing. Most of the inquiries want to know the minimum down payment. There seems to be a common misconception regarding the minimum down payment requirement. Most don’t realize that you can use FHA financing. You must live in one of the units, purchasing as your […] …read more