Myth: The down payment is your only upfront cost on a purchase mortgage.

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An Eighteen year veteran of home loan lending in Colorado, Ashley created the Fairway Fast Speed Team that gets loans closed in record time!

While the down payment is a huge upfront expense to buying a home, it isn’t the only one that you need to take into account. There are also closing costs to consider. These fees account for all the charges necessary to facilitate the transaction. They usually add up to 1% – 2% of the sale price.

Closing costs can be paid by the seller. However, if you have the necessary funds to pay them yourself, you have a much better chance of getting your offer accepted in the competitive market that the summer months bring. We also have ways of utilizing down payment assistance to help cover the closing costs, or we can roll some of the costs into the interest rate, which results in a higher rate but less upfront cost.

Feel free! Call us for the truth about the numbers! 

303-669-8454