Ventura Homes for Sale in Highlands Ranch   What Makes People Choose Ventura? Ventura in Highlands Ranch provides residents with an excellent access point to routes that commuters commonly use to quickly get to points around Denver. There are many shopping, entertainment and restaurant options nearby that are filled with activity. Most homes in Ventura were built between 1986 and 1989 and are well maintained, many backing to open spaces. Do You Want to Make a Move to Ventura? Take a look at the Ventura Real Estate in Highlands Ranch with total access to all of the Hottest Ventura Listings available. Get them Fast and See Them First with Real Time Updates! What's There To Do In Ventura? Ventura is a part of the Highlands Ranch community and takes part in all the local activities. Four re... 03/24/2014

Homes for Sale in Ventura of Highlands Ranch   Why Do People Choose Ventura? Highlands Ranch Home Buyers choose Ventura easy access to commuter routes. Residents find a quick route to C-470 via Quebec Street and a variety of shopping, dining and entertainment options nearby. Are You Looking For A Home in Ventura? Click through the link to see the most comprehensive, up to date list of Ventura Homes for Sale. Updated real time to give you first access to the hottest homes. What's the Ventura Neighborhood Like? Ventura was one of the first neighborhoods built during Highlands Ranch expansion with homes being built between 1986 and 1989. Homes in this community are well kept, offer mid sized yards and many of them back to open spaces. What's Going on Near Ventura? As part of Highlands Ranc... 03/20/2014

Loan Considerations for Buy and Hold InvestorsAs far as investment loans, little or no money down loans are impossible.  However, lenders do permit the use of Home Equity Lines of Credit or second mortgages from other properties owned by the borrower as a source of down payment.  Or, self-employed borrowers are using funds from business lines of credit to fund down payments or renovations (please note: there are asset seasoning guidelines for doing so and the debt incurred by accessing other credit lines must be accounted for against the borrower’s debt-to-income ratio). Thus, we have clients leveraging themselves with other homes they own in order to get in with little or nothing down.  There are exceptions, but practically every lender requires Full Income Documentation on any investm... 12/18/2008

Loan Considerations for Fix & Flip / Short-Term InvestorsSecuring conventional financing on a fix & flip or short-term loan is not recommended.  Most conventional lenders sell off their mortgages to investors on the secondary market.  If the loan is paid off early (before six payments are made), the investor has not recovered their initial investment.  The investor will attempt to recover their loss from the lender, who will ultimately come after the loan originator.  The loan originator would then be obligated to pay back any premium paid out by the lender.  If such activity becomes habitual with the loan officer, the lender can cease doing business with them and their firm.Furthermore, conventional loans require conventional appraisals.  The lender will require that the home is a) hab... 12/18/2008

Loan Considerations for Jumbo MortgagesFor the Greater Metro Denver area, any loan amount greater than $417,000 is considered a jumbo loan.  Fannie Mae and Freddie Mac assign different thresholds for various regions across the country.  For instance, $417,000 is not considered a jumbo loan in a high cost city like San Francisco, yet there will still be higher rates for going above $417K.  Due to the size of jumbo loans, they are considered greater risk for lenders, resulting in higher rates.  Rates have fluctuated greatly over the past few years on jumbos.  As of today, a 30 year fixed could range from 7% - 8%; a full point higher than the prime rate below a loan amount of $417,000.  Five year ARMs are popular on jumbo loans, as they typically price out a half point lower than fixed pro... 12/18/2008

Loan Considerations for Loan Amounts Between $200K - $417KWith all the doom and gloom publications that are mostly exaggerated, many potential borrowers believe that home mortgage lending options have dried up.  While underwriters and investors are scrutinizing files more closely, attractive rates and terms still exist for owner occupied purchasers seeking a conforming loan limit (under $417,000).  FHA and VA can still lend up to 100% LTV and conventional permits up to 97% LTV.  There are certain guidelines to meet when going to these high LTVs, but they are not impossible to surmount.Every home buyer should first ask themselves what payment they feel comfortable in committing to on a monthly basis.  Too many buyers over-extended themselves in recent years on homes they simply could not... 12/18/2008

FHA First-Time Buyer Tax CreditIn an effort to boost the sagging real estate market and overall economy, first-time home buyers are being offered a limited time tax credit when purchasing a primary residence.  The highlights of the tax credit are:•    The tax credit is available for first-time home buyers only. •    The maximum credit amount is $7,500. •    The credit is available for homes purchased on or after April 9, 2008 and beforeJuly 1, 2009. •    Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit. •    The tax credit works like an interest-free loan and must be repaid over a 15-year period. Due to the volume of questions that can be generated with the above, I would recommend clicking on the below link for ... 12/18/2008