Denver Home Buyers
Denver was recently named America's No. 1 city to lead the nation out of the housing recession by the NBC Today Show. Since we are in a recovering economy, this Buyer's Guide was recently re-written to help you make a wise and careful financial decision in today's Denver market. Please contact us or call us with any questions you have. Our goal is to help you make the perfect move.
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Buying a house is usually the largest financial investment of your life. It’s also a significant personal decision. After all, this is where you will relax at night, the place where you’ll welcome family and friends.
Being prepared makes buying a home an exciting and enjoyable project. Before you begin, learn as much as possible about the home buying process and surround yourself with skilled professionals. We make it easy with a FREE Book, prepared especially for Denver real estate buyers.
FHA Loans and Denver Real Estate
January, 2011 - Years ago, FHA was a home loan vehicle for people with poor credit. But times have changed, and FHA's market share has swollen from 3% in 2006 to more than 25% in 2010.
Eighty percent of the FHA mortgages went to first-time buyers drawn to the FHA's low-down payment requirements, starting at 3.5%. Conventional loans typically require at least 10% down in 2011, making the FHA down payment the preferred opportunity when buying Denver real estate.
The FHA's 2011 loan limit in the Denver area is $406,250. Borrowers with FHA-insured loans have average credit scores of about 690. If you want more informationi on the FHA Loan, call us at (303) 718-4148.
Kathie Shandro and her team serve clients throughout the Denver area. This respected and admired team of real estate professionals has a reputation for honesty and transparency, as well as expert local residential real estate knowledge.
5350 So. Roslyn Street #150, Greenwood Village, CO 80111
5350 So. Roslyn Street #150
Greenwood Village, CO 80111
Local: (303) 718-4148
Toll Free: (800) 515-0657