FREQUENTLY ASKED QUESTIONS

WILL GETTING PRE-QUALIFIED HURT MY CREDIT?

No! I use a Soft Pull credit service to provide my pre-qualifications, which means you will never have to worry about a mortgage inquiry hurting your credit.

WHAT DOES IT MEAN TO GET "PRE-QUALIFIED"?

Getting pre-qualified means a knowledgeable loan officer has reviewed your income, assets, employment and liabilities in order to come up with a maximum purchase or refinance amount.

DO YOU OFFER DOWNPAYMENT ASSISTANCE?

YES!
With down-payment assistance you can purchase a home with as little as $1,000 down! Reach out to me or pre-qualify to find out if you qualify for Colorado Down-payment Assistance.

WHAT MORTGAGES DO YOU OFFER?

Conventional: minimum down payment 3%, mortgage insurance required for less than 20% down that falls off, credit score of 620+

FHA: minimum down payment 3.5%, mortgage insurance required for less than 20% down that does not fall off, credit score of 580+

VA: minimum downpayment of 0%, must be able to provide a DD-214

USDA: minimum downpayment of 0% down, monthly fees for less than 20% down, must be in a USDA approved area, income limits apply

WHEN SHOULD I CONSIDER A REFINANCE?

Refinances can be beneficial to lower monthly payments by lowering interest rates or removing or decreasing mortgage insurance. 
Refinances can also be used to take cash out for renovations, debt consolidation, a big purchase, and much more

For questions not answered above, or for direct advice about home loans or refinancing, don’t hesitate - get in touch!

See below for additional mortgage information, tips and tricks!

 
  • Jamie Laskie

Veterans, Thank You For Your Service

If you are a Veteran, buying a house does not have to be difficult. VA loans make it easy for veterans, active-duty service members and surviving spouses to purchase a home with little or no money down.



About VA Loans

  1. No down-payment or monthly mortgage insurance required

  2. Available to those with VA eligibility or a surviving spouse

  3. VA helps Service-members and Veterans become homeowners!

  4. VA provides home loans to help veterans buy, build, or repair for their own occupancy.

VA Loan Advantages

  1. No down-payment or monthly mortgage insurance required

  2. Reduced out-of-pocket costs, and seller can pay up to 4% of prepaid costs and the funding fee

  3. Gift funds from family members may be used towards closing costs

  4. No first-time home-buyer requirement- VA loan benefits can be used every time you purchase or refinance your home

  5. Looser credit requirements and lower interest rates than conventional loans

​​Types of VA Loan

  1. Purchase Loans help you purchase a home at a competitive interest rate often without requiring a down-payment or private mortgage insurance.

  2. Cash Out Refinance loans allow you to take cash out of your home equity to take care of concerns like paying off debt, funding school, or making home improvements.

  3. Interest Rate Reduction Refinance Loan (IRRRL): also called the Streamline Refinance Loan can help you obtain a lower interest rate by refinancing your existing VA loan.

Are you interested in learning more about VA Loans? Visit the VA benefits website here>>, visit my home page, or contact me!

Thank You For Your Service! #PROUDLYTHEYSERVED



Jamie Laskie

NMLS 1641628

970-581-4811

Guild Mortgage Company is an Equal Housing Lender; Company NMLS #3274

The information provided herein has been prepared by a third party and has been distributed for education purposes only. The positions, strategies or opinions of the author do not necessarily represent the positions, strategies or opinions of Guild Mortgage Company or its affiliates. Each loan is subject to underwriter final approval. All information, loan programs, interest rates, terms and conditions are subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.

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©2018 by Jamie Laskie. 

Guild Mortgage Company is an Equal Housing Lender; Company NMLS #3274. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice.  Always consult an accountant or tax advisor for full eligibility requirements on tax deduction. 

PrivacyLicensingConsumer Access NMLS

Jamie Laskie NMLS #1641628, is licensed to do business in the states of Colorado. 

Jamie Laskie

970-581-4811

jlaskie@guildmortgage.net 

https://www.guildmortgage.com/jamielaskie