How self-employed business owners, 1099 earners, and investors in Colorado qualify for a mortgage when tax returns understate income — bank-statement, P&L, 1099, DSCR, asset-depletion, and ITIN loans explained.
If you’re buying, refinancing, or investing in Southern Colorado, you’ve probably noticed something strange: the mortgage rate you see online never seems to be the mortgage rate you actually get. When you borrow money to buy a home, the interest…
Refinancing Is About More Than Just Rates Many homeowners think refinancing is only worthwhile when rates drop—but timing a refinance isn’t just about chasing numbers. It’s about aligning your mortgage with your bigger financial goals. Whether you want to lower…
Buying a home, whether it’s your first place in Colorado Springs or an investment property, is one of life’s most significant financial decisions. At 719 Lending Inc., we know that the mortgage process can sometimes feel complex and time-consuming. That’s…
Turning Numbers Into Insights A mortgage calculator is a great tool for estimating monthly payments—but the real value comes from understanding what those numbers mean. When you enter details into a calculator, the results break down the components of your…
Understanding Escrow Accounts When you’re buying a home, you’ll hear a lot of new terms—one of the most important is “escrow.” While it might sound technical, escrow is simply a tool that helps manage and protect certain parts of your…
When it comes to buying a home, one of the big decisions many buyers face is whether to purchase a fixer-upper and renovate or go for a move-in-ready property. Both options have their pros and cons, and the right choice…
First Time Home Buyer Essentials Taking the leap into homeownership is an exciting journey. Whether you’re a first-time homebuyer in Colorado Springs or anywhere else in Colorado, having the right knowledge can simplify the process. This guide will help you…
Creating a truly childproof-house can feel overwhelming. However, with the right baby proofing strategies, you can keep your child safe at every stage. This guide offers safety essentials to help you tackle potential hazards room by room, ensuring peace of…
A Home Equity Line of Credit (HELOC) is a popular financing option that allows homeowners to tap into their home’s equity to access funds for various purposes. Unlike traditional loans, a HELOC works more like a credit card, giving you…