At the end of the first quarter of 2021, the real estate market is very competitive and since mortgage rates are still at historic lows, many people are making offers on homes. Since there aren’t many homes on the market, they are selling quickly. One way to set your purchase offer apart is to accompany
Tag: prequalification
Today’s real estate market in early 2021 is definitely hard to navigate if you are a home buyer. Not only is it a sellers’ market with increased prices on a limited inventory of homes, but with mortgage rates at historic lows, many more buyers have jumped into the market. That adds up to more stress
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
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,
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