Mortgage points, also called interest points, are a way to buy down your mortgage's interest rate. They're paid upfront and may be able to save you money on your mortgage loan. This guide explains what they are, how they work and more. Mortgage Points, Explained Many people choose to buy mortgage points because they offer [...]
When you're buying a home for sale in Aspen, there's a pretty good chance that you'll need a mortgage loan - most people do. But if you're like most people, there are a few mortgage myths swirling around that are tempting to believe. Check out these 3 mortgage myths it's safe to kiss goodbye for [...]
If you're like many people financing a home in Aspen, there's a chance you're a bit overwhelmed with all your financing choices - and that's okay. There are dozens of loan products to choose from, but most mortgages come in two main types: adjustable-rate (ARM) and fixed-rate. So should you choose an ARM or a [...]
If you’re like many people selling a home in Aspen, you know that your whole real estate transaction hinges on a prospective buyer being able to pay for your house or condo. But what happens if your buyer can’t get financing? Here’s what you need to know. What Should You Do if Your Buyer Can’t [...]
If you’ve never bought a home before, you’re going to be introduced to the world of mortgage lingo – and some of it is downright confusing. Before you begin shopping for the best rates on loans, have a peek at this mortgage term glossary. Mortgage Term Glossary for Aspen Homebuyers Adujstable-Rate Mortgage An adjustable-rate mortgage [...]
If you’re like most people, you’ll need to take out a mortgage loan to purchase a home in Aspen. But how much do you really know about mortgage loans? Could you define the standard terms that lenders use, and do you know the ins and outs of borrowing? 4 Things You Need to Know About [...]
Navigating the world of lending—particularly home lending—is tough (and it’s often confusing, too). Nonetheless, if you’re like most people, you’ll have to take out a mortgage loan to pay for your new home in Aspen, Basalt, Carbondale or the surrounding communities. And that means you’ll hear all kinds of financing lingo; you may even be [...]
When you’re shopping for a mortgage, you want to get the best possible interest rate – but how do you do that? What Determines Interest Rates? Your credit score and the market typically determine what interest rates you’re eligible for when you apply for a mortgage loan. However, there are a few things you can [...]
A balloon loan is an option you may have when you're buying a home in Aspen - but what is it, and why do people use them? What is a Balloon Loan? A balloon loan is a kind of loan that doesn't fully amortize over its lifetime. At the end of the loan, a balloon [...]
If you're buying a home, you'll have plenty of options when it comes to financing - and one of them will include choosing between a fixed rate and an adjustable rate mortgage. What is a Fixed Rate Mortgage? A fixed rate mortgage is one in which your interest rate remains the same over the lifetime [...]
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400 East Main Street
Aspen, CO 81611
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Copyright © · Berkshire Hathaway Home Services Signature Properties · (970) 429-8275 · Aspen CO Homes for Sale · Agent Center Login | IDXBroker Login
Disclaimer – All Rights Reserved by Berkshire Hathaway Home Services Signature Properties, Licensed in Colorado · Aspen CO Homes & Real Estate · Sitemap · IDX Sitemap · IDX XML Sitemap | Privacy Policy | | Terms of Service
© 2022 BHH Aliates, LLC. An independently owned and operated franchisee of BHH Aliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway aliate. Equal Housing Opportunity.
