Understanding What VA Home Inspectors Look For

A critical part of buying a home is going through the inspection process. While inspections are not required to secure a VA home loan, the state of Colorado does require termite inspections on new build homes. Though a VA home loan inspection is not mandated, we...

The VA Appraisal: What you Need to Know

If you have questions about the VA appraisal, you are not alone. At Banner Mortgage we often hear from potential home owners who have questions about the VA’s Minimum Property Requirements (MPRs), questions we are always happy to answer. If you plan to secure a VA...

Understanding the VA Home Loan Process

The VA home loan program is designed to benefit activity duty military personnel as well as veterans.  Because VA loans are insured by the Department of Veterans Affairs, eligibility requirements are less stringent than traditional home loan programs. If you are...

The Benefits of a VA Jumbo Loan

If you are currently considering your home loan options, and you are eligible for the VA loan program, we encourage you to consider the benefits of a VA jumbo loan. The VA Loan Program The VA loan program was created to help active and retired members of the armed...

USDA Increases Income Limits

Yesterday, the USDA increased the income limits for USDA loans. Below are the county income limits for Colorado USDA loans. For income limits on 5 or more people, please contact me. Download the 2016 USDA Income Increases here or view below. CITY/COUNTY PROGRAM 1...

How do VA Jumbo Loans Work?

Here at Banner Mortgage we are often asked how VA jumbo loans work. With so many variables unique to the VA loan program, it’s important to understand how a VA jumbo loan works before deciding which type of VA loan for which to apply. VA Jumbo Loans 101 Unlike...