Category: Veterans

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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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Veterans with an existing VA mortgage have seen that interest rates are at record lows for Streamline loans or what we call IRRLs, Interest Rate Reduction Loans. This, of course, is a great opportunity for Veterans to save hundreds of dollars in monthly mortgage payments, by doing a streamline refinance to get into those low

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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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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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As you may know, home loan interest rates are currently at a historical low. Now is the time for borrowers to take advantage of the great low mortgage rates being offered, especially to Veterans through VA loans. Here’s how the Indigo Colorado team suggests Veterans make the most of these low rates. Indigo Mortgage Colorado,

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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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Now that interest rates are at a historic low, many homeowners are taking advantage of special programs available to them. These include VA Streamline Loans for Veterans. Many Veterans are currently taking advantage of the VA Streamline loan. It’s important to do your research when it comes to these types of loans, especially when it

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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 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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VA mortgage loan programs have made some dramatic changes over the last few months. Indigo Mortgage Colorado wants to keep you informed of these changes so you can be prepared for them. Here’s a general outline of the most recent changed to the VA program. First off, the VA has increased their funding fee requirements

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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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The VA home loan offers some great benefits for the veterans still in the military who have their certificate of eligibility or those just coming out of service, either from deployment or once they completed their active duty. Many of these veterans have no idea that they can qualify for a new home or even

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Veteran’s Administration or VA loans offer military veterans advantages in the mortgage process. The first opportunity is that the VA allows a cash-out refinance, meaning they can pull up to 100% of the home’s value. The veteran can use the cash for whatever purpose they choose, whether it’s to combine a 1st and 2nd mortgage,

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

Call: 719-836-9500

Fax: 505-213-0633

NMLS #188348
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