Steamboat Real Estate Home Search and Blog

If you want to buy real estate in Steamboat and need financing, take the time to read this new publication by HUD (the Department of Housing and Urban Development) entitled “Shopping for Your Home Loan: HUD’s Settlement Cost Booklet.

It will help clarify the home buying process, especially if you are shopping for a mortgage.

Financing is a challenge in this market.  Not only do borrowers need to have higher credit scores, documented income, and a solid loan-to-value ratio, but underwriters have condotel rules and rental/owner occupant rules that could affect a lending decision–even for solid borrowers.

If you are looking to take advantage of the lower real estate prices and historically low interest rates and want to finance, work with someone who can get the job done.  I can refer you to several good local Steamboat lenders who can make your dream of owning a home or second home here in Steamboat Springs a reality.

Call me at 970.819.6372 for a list of local lenders.