Using Gift Funds for a Down Payment: The Rules by Loan Type
Yes, you can use gifted money for your down payment — if the right person gives it and it moves the right way. Gift letter rules, the paper trail, and the limits by loan type.
What Are Seller Concessions? How Buyers Use Them to Lower Cash to Close
Seller concessions let the seller pay your closing costs, prepaids, or a rate buydown. See current caps by loan program and when a concession beats a price cut.
Earnest Money and Making a Strong Offer
What earnest money is, when Colorado's contract deadlines protect your deposit, and what actually makes an offer strong — an honest broker's guide from 719 Lending.
What Determines Your Mortgage Rate? The 7 Levers That Set Your Price
The market sets the baseline — then 7 levers set your price: credit score, down payment, loan type, term, points, mortgage insurance, and property type.
Seller Concession vs Price Reduction: Colorado Springs, June
Seller concession vs price reduction is usually argued with opinions. June's 528 Colorado Springs closings in the $300,000 to $500,000 bracket price the tradeoff instead: same sale price, three more days, about $7,500 less net to the seller.