Consumer education is a primary goal for buyers at Sammamish Mortgage. We continuously update and research current trends in the real estate market, mortgage news, and related topics. Below you will find a virtual library of the best and most current content for home buyers in the Denver, Colorado area. Download your Free Copy Now!
Home Buying Articles
Home prices are continuing their gains in the Mile-high city. This is a good time to revisit the rent-versus-buy option. Remember that buying CAN be less expensive than renting is you consider monthly housing costs.
All home buyers encounter closing costs when purchasing a house. However, the total amount you will have to pay at closing and vary, based on several factors. Here is a look at average and typical closing costs in Denver, updated for 2020
Mortgage Loan Articles
FHA loans are a popular financing option for Denver home buyers. First-time buyers in particular are excellent candidates for the low down payment and flexible criteria associated with these loans. This article clearly explains all the basic requirements for FHA loans.
In 2020, the maximum FHA loan size for a single-family home in the Denver Metro area is $575,000. The median home price in the Denver Metro area is $451,513. Here we explore what Denver home buyers should know about FHA loan limits.
Denver Housing Market
The Denver metro area is starting too cool down after two years of double-digit increases. Declining sales, longer listing times and slow home price gains all combine to give buyers an edge. Single-family homes and condo sales fell by 30.8 percent from December and are down 14.8 percent from last year according to the Denver Metro Association of Realtors.
Need a Home Loan in the Denver, CO Area?
Do you plan to buy a home in Denver sometime soon? Do you need a mortgage loan to finance your purchase? We can help. Sammamish Mortgage has been serving borrowers in the Pacific Northwest for more than 27 years including WA, OR, CO, and ID. We offer a wide variety of loan programs, including both FHA and conventional. Please contact us with any mortgage-related questions you have.