Colorado Mortgage Fraud: Does It Still Happen?

July 21, 2009

FBI Investigates Mortgage Fraud Cases in Colorado
Lately, it seems that there has been more than just a few headlines in the news regarding mortgage fraud – both right here in Colorado as well as in the national news. Because of the current housing crisis that the country is in, many people point to “mortgage fraud” [...]

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Minimum 620 Credit Score For Colorado FHA Streamline

July 10, 2009

Colorado FHA Streamline Refinance Now Requires Minimum 620 Credit Score
For some time, there has not been a minimum credit score requirement for Colorado FHA streamline refinance loans. Yesterday, it was announced by the last major lender that now they are requiring a minimum of a 620 credit score on all Colorado FHA streamline refinance loans. [...]

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Colorado Loan Modification: Freddie Mac Releases Video

July 9, 2009

Colorado Loan Modification To Stop Foreclosure: Documents Your Lender Needs
Freddie Mac has produced a brief video titled “Stop Foreclosure: Documents Your Lender Needs To Help You” via YouTube. With many people right here in Colorado calling their lender about a potential loan modification – this video should help explain what is needed. Most lenders are [...]

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New Obama Refinance to 125% In Colorado

July 1, 2009

In Colorado, under the Obama Refinance Making Home Affordable guidelines, you can now refinance up to 125% of your homes current value.

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Colorado FHA Streamline Refinance: No Minimum Credit Score Required?

June 25, 2009

While interest rates are low, many people with Colorado FHA loans are taking advantage of the FHA streamline refinance program. The FHA streamline program is very popular because there is no income verification, no asset verification, no credit score required.
Are you sure there is no credit score required for an FHA streamline refinance?
Yes.
And yes, we [...]

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8000 Tax Credit Loan Information and Help in Colorado

June 15, 2009

Many people across Colorado are searching for more information about how to use the 8000 tax credit for closing costs when buying a new home.
The Colorado Housing Finance Authority released important information for anyone who is interested in using the 8000 tax credit for closing costs when buying a new home in Colorado.
CHFA JumpStart Home [...]

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Colorado New Home Buyers 8000 Tax Credit Information

June 11, 2009

Many people across Colorado are considering buying a new home and have heard at least *something* about the 8000 tax credit for new home buyers. If you are one of the people who have heard something about it and are thinking about buying a home somewhere in Colorado — don’t worry, you aren’t the only [...]

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Colorado Obama Refinance: Freddie Mac Relaxes Rules

June 11, 2009

Back in April, President Obama announced the Making Home Affordable plan. This plan was designed to help people in Colorado (and across the US) refinance their home or modify their mortgage and was fairly comprehensive.
Many people who wanted to refinance under the Making Home Affordable plan quickly found out that depending on who owned their [...]

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