Summary: If you’re a veteran, active-duty service member, or surviving spouse looking to buy or refinance a home in Colorado Springs, a VA loan is likely your strongest financing option. This comprehensive guide will cover everything about VA loans—from qualification…
What’s new? On December 18, 2024, the Senate passed the Homebuyers Privacy Protection Act (S. 3502), a bipartisan bill aimed at limiting “abusive” digital marketing practices tied to trigger leads. After some initial setbacks—like being removed from a military spending…
Summary: In this post, we’ll explain what Loan-Level Price Adjustments (LLPAs) are, why they matter for homebuyers and homeowners in Colorado Springs, and how they influence mortgage costs. We’ll discuss real examples from Fannie Mae’s official LLPA matrix, show how…
If you’re buying a home in Colorado Springs, you might wonder if homeowners insurance is truly necessary. In this post, we’ll cover why most mortgage lenders (including 719 Lending) expect you to have it, how it protects your investment, and…
Summary: In this post, we’ll explore how tracking real-time housing data—especially in markets like Colorado Springs—can give you a clearer sense of upcoming trends in mortgage demand, home sales, and inventory. By the end, you’ll understand how to use this…
Summary: In this post, we’ll explore the evolving landscape of mortgage forbearance rules—especially the changes following the 2008 financial crisis and the adjustments made during and after the 2020 COVID-19 pandemic. We’ll explain what it means to refinance while in…
In this guide, we’ll break down the essentials of FHA loan closing costs in Colorado Springs. You’ll learn what factors influence these expenses, how to prepare financially, and discover practical strategies to reduce them. By the end, you’ll feel confident…
Are you considering a VA loan in Colorado Springs? If so, you’ve probably heard about something called “VA entitlement codes.” These codes help determine your eligibility for a VA home loan and can play a major role in shaping your…
Thinking about using your VA loan benefit in Colorado Springs? Before you start touring homes, it’s important to understand two key concepts: eligibility and entitlement. These determine whether you can tap into the powerful features of a VA loan—including zero…
Thinking of buying a home with your VA loan benefit in Colorado Springs? Before you begin scrolling through real estate listings, it’s crucial to lay a solid foundation. Homeownership brings independence, financial opportunities, and stability. Yet, it also carries serious…