Congratulations on your new home, Travis and Dami!

Congratulations on the purchase of your new home Travis and Dami! I’m excited for your new beginnings in Colorado! So proud to have helped another Veteran find their home!

Posted on June 28, 2018 at 9:54 pm
Terri Cox | Category: Real Estate | Tagged , , ,

Congratulations On Your New Home JP & Joselyn!

March 2018

Congratulations on your new home JP & Joselyn! You two were troopers for all the hoops you had to jump as first time homebuyers. Thank you for hanging in there because it proved to be worth it!

-Terri Cox

#helpingveteransgetintohomes #veteranshelpingveterans #veterans#firsttimehomebuyers

Posted on March 8, 2018 at 7:35 pm
Terri Cox | Category: Buying, Veterans | Tagged , , ,

Advantage of VA Home Loans

va home loansFor veterans, active duty service members and military families, the VA Loan program is the most powerful mortgage option on the market. These government-backed loans are much more flexible than other lending options, and they have opened the door to homeownership for countless veterans – including those who may struggle to obtain financing through traditional banks and lenders.

Working with an experienced veteran Realtor is the best way to take full advantage of the many benefits of the VA Loan program. Not sure if a VA loan is right for here? Here are some of the many perks!

  1. No Down Payment. Coming up with a huge down payment is an insurmountable obstacle for many would-be homebuyers, especially service members who are always on the move. If you qualify for a VA Loan, you can finance the entire cost of a home without putting down a single penny. To put the savings into perspective, purchasing a $250,000 home using a traditional mortgage that requires 10% down would require a $25,000 dollar down payment. Need to put down 20%? You’re looking at $50,000. If you qualify for a VA Loan, that amount could be $0!
  2. No Private Mortgage Insurance Requirement. Most conventional lenders require borrowers to pay for private mortgage insurance, or PMI. Since the federal government backs VA Loans, though, there’s no need. The government assumes the risk that would normally be covered by the PMI. This can lower your monthly payments by hundreds of dollars every month.
  3. Competitive Interest Rates. VA Loans have some of the lowest interest rates in the business. Interest rates are based on the risk assumed by the bank, but since the federal government backs all VA Loans, that risk is greatly reduced, resulting in lower interest rates. Reducing your interest rate by even a single percent could save you thousands over the life of your mortgage.
  4. Relaxed Credit Requirements. Lenders have implemented stricter credit requirements over the last few years. While traditional lenders require a credit score of around 740, VA lenders are usually willing to accept applicants with scores as low as 620.

Veteran Realtor in Boulder

As a veteran Realtor in Boulder, I have several years of experience in helping veterans, active duty service members and their family members purchase the homes of their dreams. I am a United States Navy Veteran, and I’m passionate about helping my brothers and sisters on their journey to homeownership. To start your home search with a veteran realtor, please call 720-548-1738.

Posted on July 10, 2017 at 3:35 pm
Terri Cox | Category: Uncategorized | Tagged ,