Category: News

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Now, in September 2020, mortgage rates are about the lowest in history. Because of that, mortgage lenders in Colorado have been hit with a deluge of new applications which is causing a backlog across the mortgage industry. Overall it is taking longer to get an appraisal, the time needed for underwriting has been extended, and

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Some Colorado home owners who have taken advantage of a loan forbearance from their mortgage company. A forbearance is basically taking a three month reprieve from mortgage payments without having it affect your credit score or having it counted as being delinquent in payments. This was a welcome break for home owners during the Covid-19

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As homebuyers know, the mortgage interest rates have declined to the lowest in history during the summer of 2020, but there are still some challenges to consider for people buying or refinancing a home. The first challenge affects home owners who took advantage of a forbearance, which is when your mortgage lender allowed you to

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In 2020, the Veterans Administration has recently ended down payments for VA Jumbo loans. Previously, for Jumbo loans, including loans up to $765,000 in designated areas of the US including some in Colorado, the veteran would make a down payment that was a certain percentage of the loan, based on their guarantee available from the

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Mortgage rates are at historic lows and the current market inventory is still tight. Can having an important asset like a pre-approval or a pre-qualification when looking for a home help during this time? Indigo Mortgage Colorado knows the real estate market is very competitive. You can set yourself apart by using a pre-approval or

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With everything going on, it is important to stay patient. This is something we want to encourage our mortgage borrowers to do when going through the process for a home loan. Here’s why. The mortgage market is currently experiencing a lot of changes. This is due to the effects of COVID-19 on the production side

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The state of the world today during the COVID 19 virus has made an impact on many areas of life, one of which includes the housing market. During this unprecedented time, here’s what you should know about home mortgages and what the Colorado market looks like right now in May 2020. Due to uncertainties in

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As you know, due to COVID-19, Colorado has now enforced a shelter in place. Indigo Mortgage Colorado is considered an essential business under this ruling, which has allowed us to continue to serve the people of Colorado. When the shelter in place was initially issued, we weren’t sure it would apply to mortgage companies. This

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When it comes to getting a mortgage loan, low rates are great. But can they sometimes be too good to be true? Here’s what to look for when you see low rates being advertised. At Indigo Mortgage Colorado, we see borrowers come in stating that they are seeing low interest rates below 3%, usually around

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Colorado Springs, CO.
80919

Call: 719-836-9500

Fax: 505-213-0633

NMLS #188348
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