Are you aware of the difference between an Interest rate and an APR and why it’s important to know what the APR is when you’re buying a home? The difference between APR and interest rate is this: the APR (annual percentage rate) is not just the interest rate but rather is a marker that illustrates the total
Many times, we get potential borrowers who say they are shopping their mortgage around. That’s great, that’s what we’ve advised since we opened in 2003. Most often when they tell me they’re getting several offers on their home loan, one of them involves a national online lender. You know the companies—their names make you think
With mortgage rates being at or near historic lows, Colorado homeowners always want the lowest mortgage rate they can get on a new home loan or a refinance. But be careful that you don’t make the low rate your idol. What does that mean? It means that you can make a big mistake by focusing
At Indigo Mortgage, we often get calls from Colorado home owners who are considering a mortgage refinance but want to know if it’s the right thing to do. We take those conversations seriously; these are real people making serious decisions that impact the financial future for themselves and their families. Here are some important questions
As a mortgage broker, Indigo Mortgage Colorado has access to the largest wholesale lender in the country and they have approved our company to offer a VA Purchase loan and a VA Streamline Loan with the 30-year fixed rate as low as 2.25%. That’s right– a VA purchase rate or a VA Streamline refinance with
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