Orion Mortgage, Inc. | 303-469-1254
Setting a Home Purchase Budget
One of the most common questions we get is “How much can I qualify for?” I consider this a very dangerous question because it assumes if the borrower can “qualify” for the loan, they can easily make the payments. In fact, the “qualification” system is set based on the assumption that the borrower knows how [...]
Analysis Reveals a Different Market Dynamic in Each Real Estate Price Range
Analysis Reveals a Different Market Dynamic in Each Real Estate Price Range- Jim Smith, 07/02/09, YourHub.com
It has been obvious to all of us for quite a while now that lower priced homes are selling much faster than higher-priced homes, so I figured it was high time to do some statistical analysis. Here is what I [...]
Should I Hire a Buyer’s Agent?
Jim Smith wrote a column recently addressing a question so many future homeowner’s ask: Should I hire a buyer’s agent?
Listors Live to Sell to an Unrepresented Buyer, But Is It Really Best for You?- Jim Smith, 6/25/09, YourHub.com
I understand and have written many times about sellers who want to sell without the help of a listing [...]
5 Tips for Prospective Home Buyers
Mortgage Window Shopping – 5 Tips for Prospective Home Buyers- by Amy Hoak (RISMedia), 06/26/09
After a recent spike seen in mortgage rates, some consumers are wondering whether they’ve missed their chance to refinance into an ultra-low rate.
Fear not: While the conforming 30-year fixed-rate mortgage hit a daily average of 5.81% last Thursday, it averaged 5.53% [...]
Should I refinance?
Recently a customer called me asking, “Should I refinance?“ She had received information in the mail from her bank indicating they could refinance her for a low rate and save her tons of money. There were a few issues with this offer.
The rate being offered was based on where rates were on April 2, 2009. Rates [...]
