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Why Should I Take Out a Mortgage for Boulder Real Estate? 

Are you thinking about taking out a mortgage to buy real estate in Boulder, Colorado?  Are you interested in refinancing your Boulder property?  If so, you’re on the right track.  Here are a few interesting tidbits that will make you feel better about your Boulder mortgage. 

Boulder properties are prime real estate in Colorado.  A variety of features make Boulder real estate very sought-after.  In other words, you can take out that mortgage in absolute confidence, because your investment is well founded! 

Boulder’s reputation for high quality of life attracts more interest every year.  Boulder is known as the healthiest city in America, and its open spaces and availability of outdoor…

Current Mortgage Rates in Boulder, Colorado

Mortgage rates are currently falling, making now an opportune time to invest in Boulder real estate! What’s more, Boulder rates are slightly below the national average. Colorado mortgage rates are higher than the national average. Boulder mortgage rates are lower than Colorado rates as well as national rates. Rates are down significantly from last week everywhere in Colorado and nationwide!

Don’t let the falling mortgage rates fool you – Boulder real estate is hot, and it will only get hotter! The city’s open spaces, beautiful scenery, and the availability of outdoor sports combines with a limit on further development to make Boulder real estate some of the most sought-after in the state!

Whether you are…

An FHA loan allows first-time homebuyers and others to get a mortgage at a low interest rate. You do not need to be first-time homebuyer to get an FHA loan. FHA is the Federal Housing Administration. FHA guidelines are more flexible than conventional loan programs. Conventional loan programs have strict guidelines that will have cutoffs on credit score requirements and income requirements. FHA loans allow borrowers to have lower credit scores and less income to qualify for their home loan.

Also, down payment is more flexible with the FHA program. Borrowers can finance 97% of the purchase price and put down 3%. In some instances, when combined with other types of loans, the down payment can be zero. Unlike traditional loans, this money may also be a…