Category: Residential

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At Indigo Mortgage Colorado, we get calls every day, asking “What’s your best interest rate?” We tell them it’s impossible to accurately answer that until we can get some basic answers from you first. One real piece of advice we suggest, is when you’re ready to make an inquiry about a refi or new home

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As you’ve noticed if you’re in the market for a mortgage or a refi, mortgage interest rates have declined to the lowest in history and there are way more borrowers than there are lenders. Because of this, many of the large national companies that promise easy, online applications and funding are actually taking advantage of

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Even now as we all deal with a global pandemic, the Colorado real estate market remains very competitive. With mortgage rates at historic low interest rates, many people are making offers on homes. This is a “seller’s market”, when the number of homes on the market is fairly small versus the amount of people trying

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We’re living in extraordinary and unusual times in 2020. And, if you’re in the market for a home as well, it can add a whole other dimension to the buying process. Indigo Mortgage Colorado wants to advise you on the difference between an interest rate and an APR (Annual Percentage Rate) and why it’s important

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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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During these uncertain times, there are many options available for homeowners when it comes to their home mortgage loan, specifically mortgage forbearance. The team at Indigo Mortgage Colorado is here to help educate you about mortgage forbearance and to help you decide if it is right for you. Right now, many large mortgage companies are

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At Indigo Mortgage Colorado, we consider ourselves true mortgage brokers. Here are a few things that set our team apart from other types of mortgage lenders and home mortgage companies. According to research done by the Consumer Financial Protection Bureau, when it comes to Freddie Mac and Fannie Mae loans, 50-75 percent of borrowers do

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We all know how stressful purchasing a home can be. It’s important to have a brief knowledge of what you are getting in to before diving deep into the real estate market. Here’s the difference between pre-approval and pre-qualification, and how they effect you as a buyer. Today’s real estate market is a seller’s market,

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When purchasing a home, it’s very important to take the interest rate of the home loan into consideration. A lower interest rate can end up saving you a large amount of money in the long run. At Indigo Mortgage, we make it our goal to educate the borrower as much as possible as well as

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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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It’s the beginning of a new decade, and with it comes many changes to home loans and mortgages. These changes are coming to many areas, but today, we will specifically focus on conventional and VA mortgages. Beginning January 1, 2020, big changes will take effect. Conventional loan limits will increase from $484,150 to $510,400. This

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Purchasing a new home or business can be intimidating, to say the least. If not familiar with the loan process, one may have an endless list of questions. It is important to have someone you can rely on for your home loan or mortgage loan inquiries. We strive to be just that for people in

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Choosing the right mortgage company when refinancing is imperative. Making a quick decision doesn’t always provide the best outcome. It’s important to have a clear understanding of what you are looking for when you set out to refinance your home. A great deal may not necessarily be all that it appears to be. In December

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A Veteran’s Administration or VA jumbo loan is used when a veteran needs a mortgage above $453,150, the current limit for conventional mortgages. For veterans looking to purchase a home, the best reason to consider a VA jumbo loan is that the interest rate today is in the mid 4% range on a 30 year

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Preapproval is necessary for the home-buying process. In fact, it’s so necessary that realtors in the Colorado Springs area are hesitant to show a home to a potential home-buyer unless the borrower has already been pre-approved for a mortgage. Similarly, the pre-approval is involved in a mortgage application. You will provide detailed information on your

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Many mortgage lenders make offers for first-time home owner loan programs or first responder programs. However, they embellish what those mortgage loans really are. For example, one mortgage lender promotes that nurses, first responders or veterans can get loans with zero fees. The reality is, the lender charges a higher interest rate to compensate for

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6805 Corporate Drive, Suite 115
Colorado Springs, CO.
80919

Call: 719-836-9500

Fax: 505-213-0633

NMLS #188348
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