When buying a home, it’s easy to focus solely on the purchase price, but there are several hidden costs that can catch you off guard. Understanding these additional expenses is crucial for proper budgeting and avoiding financial surprises. Here’s what…
Understanding Debt to Income Ratio for Mortgages 🏡💡 In today’s financial world, knowing your Debt to Income Ratio (DTI) is super important, especially if you’re looking to get a mortgage. Matt from Speak Straight Mortgage is here to break it…
How Much Do You Need Out Of Pocket to Buy a House? By: Speak Straight Mortgage Buying a house is a significant milestone, and one of the most common questions prospective buyers have is, “How much do I need out…
Comprehensive Guide to Low Down Payment Programs Hello! Hope you are having an amazing day! 😀 This blog post is a comprehensive guide to low down payment programs. If you’re looking for information on down payment assistance programs, check…
Available Programs by Credit Score & Features Credit Score Loan Program Loan Type Type of Assistance Income Limit First-Time Buyer Requirement Under 600 None 600+ FHA 100% Loan FHA Repayable Second No Income Limit No 620+ CHFA First-Generation &…
Understanding CHFA Income Limits | Speak Straight Mortgage In our latest video, Matt from Speak Straight Mortgage provides an in-depth exploration of CHFA (Colorado Housing and Finance Authority) income limits and qualifying income requirements. If you’re concerned about exceeding the…
Exploring the CHFA Conventional Loan Down Payment Assistance Program Purchasing a home is a significant milestone, but the financial hurdles can sometimes be daunting. The CHFA Conventional Loan Down Payment Assistance Program offers a lifeline to prospective homeowners by providing…
At Speaks Straight Mortgage, we are excited to introduce Colorado Housing and Finance Authorities’ (CHFA) new programs: First Generation and First Generation Plus. These programs are designed to provide substantial financial assistance to first-generation homebuyers, offering up to $25,000…
A home inspection is a vital step in the home buying process, providing an in-depth look at the property’s condition. Understanding this process can help you make informed decisions and protect your investment. Here’s what you need to know about…
In the competitive real estate market, getting pre-approved for a mortgage is a crucial step that can significantly enhance your home buying journey. Here’s why obtaining pre-approval should be at the top of your to-do list before you start house…
