Freddie Mac's Primary Mortgage Market Survey - Current real estate & homes loan interest rates in Denver Colorado

Freddie Mac's Primary Mortgage Market Survey SM has evolved into the foremost reliable, representative source of regional and national mortgage rate trends and is relied upon by the mortgage industry and the public in gauging market conditions and evaluating mortgage loan options. All of Freddie Mac's five regions are represented, as well as a national average. The average contract rate and average number of points is reported for each of the four loan products as well as average margin for one-year Treasury-indexed ARMs.

While we strongly encourage clients to shopping for a mortgage loan with at least two companies before signing anything, it's absolutely essential that you do more than simply compare "rates" because predatory lending is at an all-time high and you don't want to find yourself falling for a "bait-and-switch" loan program because it will cost you big-time down the road!

If you don't know who to trust, call us at 303-520-3179 and we will put you in touch with a local & reputable mortgage loan officer who will make sure you get the best loan package possible without all the gimmicks or high-pressure.

How Do I get "Pre-Qualified" for a Loan?
Getting pre-qualified for a home loan is an essential part of the home buying process. It helps prevent you from looking at and falling in love with properties that you simply can't afford.

The pre-qualification process is relatively painless and can be done over the phone in about 10-minutes with reputable mortgage loan officer. Be prepared to be open and honest about your financial situation and provide complete information. Once you decide to apply for a home loan, this is the information you will need to get together for your loan application:

1. W-2's for the past 2 years
2. Most recent paycheck stubs covering the last 30 days
3. Residence addresses for the past 2 years
4. Names & addresses of each employer for the past 2 years
5. Last 2 months bank statements for all checking/savings accounts
6. Names, addresses, account #'s & monthly payments on all open loans
7. Addresses of any other real estate owned
8. Loan information on all real estate owned
9. Money for credit report and appraisal
10. Landlord names and addresses - past 2 years
11. FHA loans: Photo ID and Social Security card

What is the difference between pre-qualifying and pre-approval?
CLICK HERE FOR AN EXPLANATION

If you have any questions about this mortgage calculator or just want someone to talk to about the whole process without any pressure or obligation, call us at 303.520.3179 and we'll be happy to meet with you.

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Anthony Rael is a Proud Member of the Colorado Association of Realtors --- Is Your Agent a Realtor?