New Options and Products from CHFA

The Colorado Housing and Finance Authority made an announcement today offering a new product for low-income borrowers, as well as new down payment assistance and closing cost assistance options for all buyers using any CHFA program. Original Release from CHFA: New...

Do VA Jumbo Loans Require PMI?

At Banner Mortgage we specialize in VA loans and VA jumbo loans. For more than 20 years we have been helping families secure funding for their piece of the American Dream. We consider it an honor and a privilege to help military families take advantage of the lending...

Breaking News: HUD Lowers FHA MIP by a Quarter Point

We are excited to announce some big news from the U.S. Department of Housing and Urban Development (HUD). Starting later this month, mortgage insurance premiums will be lowered by 25 basis points on FHA loans. The drop in premiums is a sign of the health of HUD’s...