Home prices are on the rise in Colorado and nationwide. Low interest rates are fueling buyer demand and creating a fast-paced real estate environment. If you’re in the market for a home, whether as a first-time buyer or an experienced home purchaser, understanding all your options is crucial for making your dream home a reality.
Three things to remember:
How to get started:
You will most likely be eligible for various loan options and we can best serve your needs if we learn more about your financial circumstances.
To learn more we’ll schedule a video conference or in-person meeting – socially distanced and safe.
During our initial conversation we’ll discuss your short and long-term goals. Once we’ve collected your information, we can develop a sound strategy that meets your needs.
What we’ll do for you:
Prequalification and preapproval are the same thing, correct? Not exactly. Prequalification typically relies on self-reported, unverified financial data. Prequalification can help estimate how much home you may be able to afford; it will not help you determine if you could realistically afford a higher priced home.
In order to provide all possible options in your situation, we take you through a thoughtful preapproval process. During this process, we identify any areas of concern and present options and strategies on ways to resolve them. We attend to every detail to eliminate any surprises and ensure that your mortgage application will be approved without delay.
Once you’re preapproved, you’re ready to start looking for a home. You’ll have the knowledge and the confidence to act quickly and submit a solid offer. In today’s competitive market, being able to act quickly is imperative.
We coordinate with all relevant parties to avoid delays during the application process or at closing. We work with underwriters, realtors, appraisers, insurance agents, and the title companies to ensure that all documents and steps are completed in a timely manner.
We will stay in touch throughout the process regarding the status of your application. Because we developed your financial plan together — and because you underwent our thorough preapproval process — there’s no need to stress during underwriting.
We’ll attend the closing to ensure that everything goes smoothly, and to address any questions. If have additional questions regarding your mortgage after the closing, give us a call.