There are 4 primary ways you can make money owning rental properties; Cash Flow, Appreciation, Amortization, and Depreciation. In this video, you will learn about these 4 ways can make you wealthy. You will also learn about how investing in rentals compares to investing in stocks! Ryan Jahnke: Mortgage Loan…
Interest rates have started creeping up, and it’s having an effect on homebuyers. A $450,000 pre-approval from a few months ago, for example, may only be a $400,000 pre-approval today. The crazy thing is that rates have started to drop a little bit as a result of the Russian stock…
Standard appraisals are a thing of the past. The FHFA announced last October that they would be transitioning to allow desktop appraisals. Desktop appraisals are appraisals that don’t require a physical inspection. There’s no measuring, photos, or physical evaluation of the property. Learn more: https://www.719lending.com/how-desktop-appraisals-went-from-temporary-to-permanent-in-our-market/ 719 Lending is a premier…
If you are interested in purchasing a second home, you might want to act sooner rather than later. Fannie Mae and Freddie Mac are changing their loan-level price adjustments causing rates to increase for second homes. This change is going into effect on April 1, and it could cost you…
Today I want to discuss recent changes to VA loans. The VA recently raised its appraisal fees to $800. This change was made to better serve veterans who were struggling to stay competitive in this market. The higher price will get the appraisal back to you much faster and let…
UPDATE: Dec 2021 FHFA announced updated limits of $647,250 - https://www.fhfa.gov/DataTools/Downloads/Pages/Conforming-Loan-Limits.aspx Great news! Loan limits are going up and up for 2022. For 2021, the loan limit in Colorado Springs on single-family homes is $548,250. In 2022, it’s jumping up by $76,000 to roughly $625,000. That means in El Paso…
Good news, real estate agents: Closings are expected to go up 9% next year! Let’s take a look at the future of our market and find out why. The bottom line is that people will always need to buy homes. However, a few things will likely change in 2022. Learn…
719 Lending is a premier southern Colorado Mortgage Broker. We believe in being transparent, friendly and 100% honest. For the best mortgage experience combined with incredible rates, contact us today. Need a home loan? https://719lending.my1003app.com/register Have a real estate or mortgage question? https://www.719lending.com/contact-us Follow 719 Lending on ► Website: http://719lending.com…
You’ve probably heard the terms manufactured homes and modular homes before, but do you know what they are? Most people lump them in together, but there are several key differences between these home types that you should know about. Manufactured homes are built in a factory to federally regulated specifications.…
719 Lending is a premier southern Colorado Mortgage Broker. We believe in being transparent, friendly and 100% honest. For the best mortgage experience combined with incredible rates, contact us today. Need a home loan? http://719lending.com/apply-now Have a real estate or mortgage question? https://www.719lending.com/contact-us Follow 719 Lending on ► Website: http://719lending.com…
719 Lending is a premier southern Colorado Mortgage Broker. We believe in being transparent, friendly and 100% honest. For the best mortgage experience combined with incredible rates, contact us today. Need a home loan? http://719lending.com/apply-now Have a real estate or mortgage question? https://www.719lending.com/contact-us Follow 719 Lending on ► Website: http://719lending.com…
719 Lending is a premier southern Colorado Mortgage Broker. We believe in being transparent, friendly and 100% honest. For the best mortgage experience combined with incredible rates, contact us today. Need a home loan? http://719lending.com/apply-now Have a real estate or mortgage question? https://www.719lending.com/contact-us Follow 719 Lending on ► Website: http://719lending.com…
719 Lending is a premier southern Colorado Mortgage Broker. We believe in being transparent, friendly and 100% honest. For the best mortgage experience combined with incredible rates, contact us today. Need a home loan? http://719lending.com/apply-now Have a real estate or mortgage question? https://www.719lending.com/contact-us Follow 719 Lending on ► Website: http://719lending.com…
719 Lending is a premier southern Colorado Mortgage Broker. We believe in being transparent, friendly and 100% honest. For the best mortgage experience combined with incredible rates, contact us today. Need a home loan? http://719lending.com/apply-now Have a real estate or mortgage question? https://www.719lending.com/contact-us Follow 719 Lending on ► Website: http://719lending.com…
719 Lending is a premier southern Colorado Mortgage Broker. We believe in being transparent, friendly and 100% honest. For the best mortgage experience combined with incredible rates, contact us today. Need a home loan? http://719lending.com/apply-now Have a real estate or mortgage question? https://www.719lending.com/contact-us Follow 719 Lending on ► Website: http://719lending.com…
719 Lending is a premier southern Colorado Mortgage Broker. We believe in being transparent, friendly and 100% honest. For the best mortgage experience combined with incredible rates, contact us today. Need a home loan? http://719lending.com/apply-now Have a real estate or mortgage question? https://www.719lending.com/contact-us Follow 719 Lending on ► Website: http://719lending.com…
719 Lending is a premier southern Colorado Mortgage Broker. We believe in being transparent, friendly and 100% honest. For the best mortgage experience combined with incredible rates, contact us today. Need a home loan? http://719lending.com/apply-now Have a real estate or mortgage question? https://www.719lending.com/contact-us Follow 719 Lending on ► Website: http://719lending.com…
719 Lending is a premier southern Colorado Mortgage Broker. We believe in being transparent, friendly and 100% honest. For the best mortgage experience combined with incredible rates, contact us today. Need a home loan? http://719lending.com/apply-now Have a real estate or mortgage question? https://www.719lending.com/contact-us Follow 719 Lending on ► Website: http://719lending.com…
719 Lending is a premier southern Colorado Mortgage Broker. We believe in being transparent, friendly and 100% honest. For the best mortgage experience combined with incredible rates, contact us today. Need a home loan? http://719lending.com/apply-now Have a real estate or mortgage question? https://www.719lending.com/contact-us Follow 719 Lending on ► Website: http://719lending.com…
719 Lending is a premier southern Colorado Mortgage Broker. We believe in being transparent, friendly and 100% honest. For the best mortgage experience combined with incredible rates, contact us today. Need a home loan? http://719lending.com/apply-now Have a real estate or mortgage question? https://www.719lending.com/contact-us Follow 719 Lending on ► Website: http://719lending.com…
Are you having a difficult time trying to compare lenders to figure out which mortgage is best for you? If so, I have some great advice today to help you do just that. It’s called a loan estimate form (or LE), and it details all the different costs associated with…
The words “appraisal” and “inspection” are thrown around a lot during a real estate transaction, so what do they mean? What’s the difference between the two terms? Today I’m sharing the distinction, and why it’s a good idea to have both done. Learn more here: https://www.719lending.com/video-whats-the-difference-between-appraisals-and-inspections 719 Lending is a…
Although a pre-qualification can technically be done over the phone, you should take more care with yours. You see, the more financial documentation you can provide to a lender up front, the easier your transaction will move along. With this strategy, there are fewer hiccups and more clarity. Learn more…
Mortgage insurance: What the heck is it, and why do you have to have it? Mortgage insurance is a policy that you, the consumer, pay for on your loan to help your lender cover costs if you default or foreclose on your home. Now, since most homebuyers assume they’ll never…