by nocohometeam | Jul 24, 2015 | Buying Made Easy, Financing
Unless you’ve stuffed your mattress with money, odds are that you have a relationship with a bank. That bank likely offers home loans and it may seem like the easiest option to just chat with them about your hopes of purchasing a home. Easy, yes. Best for...
by nocohometeam | Jul 20, 2015 | Buy, Financing, Learn
We have worked often with the following lenders and have found them to be very competent and will recommend them without hesitation. In a real estate transaction, there is a lot to be said for using a team of people familiar with one another. This familiarity with...
by nocohometeam | Jan 15, 2015 | Buy, Financing, Learn
Have you considered buying a new home with an FHA loan recently? If so, we have some great news for you. FHA has announced that rates for its required mortgage insurance are about to drop pretty significantly. FHA loans come with many benefits. Chief among them is the...
by nocohometeam | Dec 5, 2014 | Buy, Buying Made Easy, Financing
Are you wondering if it makes financial sense to buy a home in such a hot real estate market? As you have probably herd the Fort Collins Real Estate Market, Loveland Real Estate Market, and broader Northern Colorado Real Estate Markets have been predominately a...
by nocohometeam | Jul 31, 2013 | Buy, Buying Made Easy, Financing, Learn
What is Fannie Mae? When a home goes through the foreclosure process it is either held by the leinholder (ie a bank or investor) or, when the defaulted loan was backed by Fannie Mae, the leinholder will ‘return’ the home to Fannie Mae in exchange for the...
by nocohometeam | May 11, 2011 | Buy, Buying Made Easy, Financing
1. Maximum debt-to-income ratio The measure of income adequacy most often used is the sum of the monthly payment on the new mortgage, plus property taxes, homeowners insurance and other debt payments, divided by income. The maximum ranges from 40 percent to 43...
