Shopping for a New Home? Find out How Much You Can Afford!
Hello, my name is Brian Quigley and I have been a mortgage broker in Denver, CO since 2003. I have been fortunate enough to choose this very rewarding mortgage broker career and help thousands of borrowers over the years. Customer satisfaction is important to me most, and getting my clients to the closing table smoothly. I am proficient in all types of mortgage financing including FHA/VA, Conventional, USDA, Jumbo, Portfolio, 1031 Exchanges, Reverse Mortgages, Construction loans, and FHA 203K loans.
Recent News, Articles, and Trends about Mortgages and Lending
VA Construction and Renovation Loans
VA Construction Loans You can acquire a VA loan for building the home of your dreams, but keep in mind it is not a necessarily an easy path. You will have to overcome a few hassles and hurdles to fulfill your dream of building a home. Borrowers who are qualified to acquire VA loans can instantly acquire their VA loan entitlement to gain a mortgage to construct their new house. Acquiring a VA loan can sometimes be difficult as the final decision of giving out these loans is totally up to the lenders who give them out. One of the biggest reasons why some lenders try to steer clear from giving these construction loans is that they believe it to be a risky endeavor. This doesn’t necessarily mean that your chance of acquiring a VA construction loan is slim. In fact, upon research, you will find more than enough [...]
VA Jumbo Home Loans
A VA jumbo loan offers military buyers and veterans significant benefits, particularly compared to the standard jumbo loan landscape. However, first, let’s elaborate what “jumbo” is. Although VA loans operate under their specific rules regarding VA loan limits, which are county specific, a majority of lenders in the country still deem anything over $453,100 VA jumbo home loans. Keep in mind that VA home loan limit in the US tops out at about $679,650. As a result, irrespective of the county loan limit prescribed by VA, anytime any veteran needs a home loan which is more than $453,100, it is likely that they are considering jumbo financing. The VA, however, has their specific loan limits, which are usually set according to county. For example, in some counties, the VA home loan limit could be up to $1,094,625.It is worth mentioning that not all VA loans, which include VA jumbo home loans, [...]
Colorado Living Articles
3 Reasons Why I Live In And Love LoHi Denver, COLORADO
When I moved from New York, I didn't want to lose my urban roots, so I automatically gravitated to a NY Style loft located in the Highlands area of Denver, CO. in a small neighborhood called LoHi. I just really appreciate an open-air floor plan with high ceilings, exposed duct work, and brick. A true city feel. The real estate in Highlands has been consistently appreciating since I moved to the neighborhood in 2009. There was literally no retail when I moved here then. A run down Kung-Fu Studio was where one of the best bars in the world is now, Williams &Graham, a renowned speakeasy serving specialty cocktails in a prohibition-era atmosphere with a secret entrance and alley exit. The multi-family developers have landed here in a huge way. Dickinson Plaza on 32nd Avenue, which housed the Laughing Latte Coffee Shop, Fat Jacks's Super Subs, and 420 Friendly [...]
6 Types of People Who Should Move to Golden, Colorado
Colorado is changing so much but tucked in among all the progress is the community of Golden. Yes, you probably know it as the iconic home to Coors Brewing Company but there’s so much more that Golden has to offer. It’s an outdoors enthusiast’s haven. Hiking and biking, skiing and snowboarding, and so much more, Golden can be your year-round adventure destination and your next home. Golden is embracing the booming Colorado economy but it’s still bent on maintaining that historic Wild West feel -- just slightly more refined. And that historic charm extends beyond the downtown. The city has unique historic neighborhoods filled with homes only going up in value. And if one of the historic homes available in Golden right now isn't to your liking, you can trust in the builders at G.J. Gardner Homes to help you design the home of your future here. So, here [...]
Colorado Real Estate Market
Denver Market Update – April 2017
Are you looking to get into the Denver housing market? You’re not the only one. In an ultra-competitive market such as ours, a Colorado mortgage broker like myself can help you gain the advantage you need. The Denver real estate market continued its red-hot ways last month and there is no sign of a slow-down in sight. Per an article on Westword, an increasing number of people are flocking to the Denver area and buying homes. These people are all competing for the market’s supply, resulting in several bidding wars and plenty sold-above-asking deals. In fact, the article notes that demand is currently so high that agents are now putting “coming soon” signs on front lawns before the “for sale” signs go up. In March 2017 in particular, the number of homes sold in the Denver area increased by 36% from the previous month for a total of 4,347 [...]
Denver Market Update – February 2017
Denver Mortgage Broker – Brian Quigley A new year is in and so is another month in the Denver real estate market. Per a recent article from the Denver Post, the housing market in Metro Denver could see major changes in 2017. After the initial month of the new year, the rent for apartments is slowing down while the price of homes continues to rise at a rapid pace. The article notes that a report conducted by a Texas-based website estimates that metro Denver rent prices are increasing by 4.4%. This is down significantly from the previous gains recorded 12 months prior when increases were happening between 8-10%. However, there is one notable factor that seems to be working in favor of Denver. The area is seeing a growing number of younger people moving to the city, working at high-paying jobs that will ultimately allow them to afford higher-priced [...]
Finance News and Articles
Buying a Home to Use as a Rental Property: Benefits and Considerations
We have had numerous discussions with entrepreneurs and salaried individuals who concluded that they have to diversify their profits and income into more than merely a savings account. In case you are one of those people – you have to pay close attention. Although being an owner of a rental property is not as glamorous as it may seem, it is one of the most effective ways to accumulate wealth in the long run, in particular for the entrepreneurial-minded. There are many benefits and perks to owning a rental property, and one of the major attractions is that it provides an excellent source of regular passive income. For many property owners, the pride of ownership might be a big part of the allure as well. It could be rewarding to confidently and efficiently manage and make decisions about the property that you own. On the other hand, some might be [...]
The Big Money Mistakes Divorcing Couples Make
When it comes to divorce, the two things that most people tend to worry about most are their kids and their money. Unfortunately, fretting about money does not keep these people from committing big money mistakes in divorce. Keep in mind that the courts in a majority of states will typically prioritize children’s interests. Courts also safeguard children’s entitlements through the enforcement of child support. Unfortunately, for divorcing couples there is not a comparable authority, which protects the financial needs of a divorcing spouse. In addition, the law merely mandates a reasonable and fair financial outcome. If done well then something getting approved for a mortgage after divorce should not be as difficult as you think. Moreover, you should know that dividing marital property, for better or worse, is nearly always a single-shot deal. If you simply think that the outcome was not fair, it isn’t enough to try and [...]