DNVR Lending Blog
When buying a home, many people assume they need to save up a 20% down payment. While that amount may have been the standard in the past, today’s homebuyers have a variety of options that can make purchasing a home more accessible, especially for first-time buyers.
Let’s break down the facts about down payments, including low-down-payment loans and programs that require no down payment at all.
Buying a home is an exciting journey, but before you start touring properties, there's an essential first step: getting pre-approved for a mortgage. Pre-approval is more than just a financial formality—it can significantly strengthen your buying position and make the process smoother from start to finish. Here’s what you need to know.
When you're preparing to buy a home, your credit score plays a crucial role in determining your mortgage terms. A strong credit score can help you secure a lower interest rate, saving you thousands over the life of your loan. If your score needs improvement, don’t worry—there are practical steps you can take to give it a boost.
In the world of lending, ethical practices aren’t just a standard—they’re a necessity. At DNVR Lending, we understand that buying a home or refinancing is one of the most significant financial decisions you’ll ever make. That’s why we’re committed to upholding transparency, fairness, and trust in everything we do. Here’s why ethical lending practices matter and how we ensure they remain at the core of our work.
As we head into 2025, many homeowners are wondering if this is the year to refinance their mortgage. Refinancing can be a powerful tool to save money, reduce debt, or reach financial goals—but it’s not a one-size-fits-all solution. Here’s what you need to consider before making the move.
Whether you're a homeowner or planning to become one, these five smart financial moves can help you make the most of your year-end review.
Elections can stir up conversations about policies, leadership, and national direction, but they also have a direct impact on industries—including mortgages and real estate. As we approach another election season, it’s important to understand how this can affect the housing market, mortgage rates, and homebuying trends. Here’s a breakdown of what’s typically affected, how it plays out, and the usual timeline of these changes.
With the Federal Reserve's recent announcement of a 0.5% cut to the Federal Funds Rate, many people are hopeful that mortgage rates might also drop significantly. But before you start planning your next refinance, let's dive into what these changes actually mean for you as a homeowner.
In the ever-evolving landscape of mortgage lending, "trigger leads" have become a contentious issue. These unsolicited marketing calls, often referred to as “junk calls” by the Community Home Lenders of America (CHLA), are drawing increasing scrutiny. Recently, CHLA urged the Consumer Financial Protection Bureau (CFPB) to address these practices, citing concerns about their impact on consumers. Here’s a closer look at what trigger leads are and why CHLA is calling for regulatory action.
As your children prepare to head off to college, the cost of higher education can be a significant financial burden. Tuition, books, and living expenses add up quickly. However, there is a smart financial strategy that can help you mitigate some of these costs: investing in real estate. By purchasing a property for your college-bound child, you can reduce their housing expenses and potentially create a source of income by renting out extra rooms. Here’s how you can make this strategy work for you.
