When you’re navigating the exciting, sometimes complex, world of real estate, understanding how a property’s value is determined is absolutely crucial. In the appraisal process, property value is allocated between land and improvements, with appraisers carefully analyzing property characteristics, market…
As a homeowner in Southern Colorado, you’ve likely heard the buzz about mortgage refinancing. Whether rates are up, down, or holding steady, the question remains: Is now the right time for me? At 719 Lending Inc., we believe in empowering…
A “Refer” decision from an Automated Underwriting System (AUS) on your VA loan application for a VA home loan might initially feel like a roadblock. You’ve served our country, you’re ready to buy a home, and a computer tells you…
Receiving that mortgage pre-approval letter is an exhilarating moment. It’s a tangible sign that your dream of owning a home in Colorado Springs, or anywhere in Southern Colorado, is within reach. You’ve navigated the initial financial review, and now you…
Colorado Springs is a vibrant city, nestled against the stunning backdrop of the Rocky Mountains, often lauded for its natural beauty and outdoor lifestyle. It’s a place many dream of calling home, from military families to budding investors and first-time…
Pre-Approval Is a Strong Start—But Not the Finish Line Getting pre-approved for a mortgage is a big milestone. It means a lender has reviewed your financial picture and confirmed you’re qualified to move forward. But what many buyers don’t realize…
Deciding to buy a home in Colorado is an exciting adventure, whether you’re a first-time buyer exploring the vibrant Colorado Springs market or a seasoned investor looking to expand your portfolio. But before you fall in love with a property,…
Pre-Approval Is a Big Milestone Getting pre-approved for a mortgage is an exciting step—it means a lender has reviewed your financial information and given you a clear picture of what you may be able to afford. But many buyers aren’t…
Waiting For Perfect Mortgage Rates? Don't Let It Rob You of Your Colorado Springs Dream Home It’s a conversation we have often here at 719 Lending Inc.: “Should I wait for interest rates to drop?” It’s a natural question, rooted…
Buying a home in Colorado Springs, whether it’s your first starter home, a move-up property, or a smart investment, is an exciting journey. But let’s be honest: the down payment, closing costs, and other fees—can feel like a mountain to…