FHA loans provide excellent benefits to borrowers who are struggling financially: down payments as low as 3.5% and lenient credit score requirements compared to a
What is the FHA Flipping Rule? The FHA flipping rule is a regulation put into place in 2003 by the Federal Housing Administration to protect
U.S. housing prices have been increasing rapidly over the last ten years, creating a challenging environment for buyers on a tight budget. Though housing prices
Being a first-time homebuyer in 2022 can be discouraging. First, we had a rapid climb in housing prices and bidding wars, and now that housing
If you’re looking to buy a home, one of the first decisions you’ll need to make is what home loan program to apply for. You
Colorado Springs is a beautiful place to live but can be a discouraging place to buy a home. You may have heard stories about friends
When looking at financing options for your dream home, one of the most important considerations you will need to make is choosing a fixed or
If you are a buyer or seller, you know how hot the housing market is now! Homebuyers across the United States are having a competitive
Whether it is a VA home loan or a conventional mortgage, many people have their home loan applications denied because of missing documents or unsigned
A VA loan is one of the most beneficial aspects of serving in the U.S. military. It is accessible to eligible veterans, service members, and
The VA Home loan was created in the Servicemen’s Readjustment Act of 1944 to help qualified active duty and veteran military members returning home from
What is a VA Joint Loan? A joint VA loan is a mortgage that allows two qualified non-spouse veterans or active-duty service members to buy
What is a Construction Loan? A short-term loan used to finance the construction of a new building or the renovation of an existing one. Construction
Valentine’s Day is just around the corner. Even if you don’t have a partner to share it with, Valentine’s Day is the perfect time to
FHA loans provide excellent benefits to borrowers who are struggling financially: down payments as low as 3.5% and lenient credit score requirements compared to a
The Reichert Mortgage Team is proud to be your local, veteran owned mortgage broker in Colorado Springs specializing in VA Loans.
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