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Showing posts with label section 184. Show all posts
Showing posts with label section 184. Show all posts

Wednesday, January 8, 2014

On Top of the World...well, almost!



There's absolutely nothing like it!  Standing on top of the world or in my case on top of the Castle Rock, in Castle Rock, Colorado.

The best trip to the Castle Rock ever was on Thanksgiving day a year or so back.  The sky was as blue as I have ever seen it in Denver or anywhere in Colorado.

Since most businesses where closed and there was almost no traffic moving across the city, the air was pure and I could see for miles.

Take a look:



My house on the Red Hawk golf course is over my shoulder in the back ground.

Being the mortgage guy with the passion for real estate, especially Colorado real estate, I was scanning some more listings today and ran across one just up the hill from Castle Rock, in Castle Pines.

This listing belongs to Rike Palese and Jonathan Keiler of Re/Max Professionals in Englewood, Colorado.

Here's what makes this one special to me...this is a home with a view!  A view of pine trees which are my favorite.  It is also a home with a three car garage.  Like I always say, I like space.

OK, want to see it?  Here are this pictures that make it special to me:


I love a house with a deck, in this case a house with a wrap around deck

I know, more pictures!  More pictures Please!


Pine trees so close, not only can you smell the fresh air but you can touch them!



OK, another passion, a cool place to drink a margarita!  This qualifies!


Why do I take the time to blog about real estate?  Two reasons, I help buyers who need a Jumbo Loan to buy a beautiful property like this one and I enjoy blogging.

I ran into a great company, Empower Network, that specializes in Internet Marketing including blogging and much more.  I would encourage anyone who runs their own business, especially Realtors to investigate Empower Network to see how they can use it to grow their business.

So The Todd Blog was born!

Contributors to this Blog:









Thursday, February 7, 2013

Benefits of the Section 184 Native American Home Loan!


The Section 184 Program was designed to improve access to capitol for Native Americans, act as a credit enhancement mechanism for lenders, and provide private funding opportunities for tribal housing agencies. It comes with a 100% guarantee for home loans! 

This Loan is a Nationwide Program on Trust Land, allotted trust, or fee simple land within Indian Operating areas. All of New Mexico and Colorado qualify.

A loan can be taken out up to $300,000  and it requires only a down payment of 2.25%! You will not have to pay a Monthly Mortgage Insurance and there is not a maximum income limit. This assumable loan allows credit scores as low as 580 to apply! And the seller may pay up to 6% of the purchaser's closing costs. 

Here at Sun West Mortgage, we offer direct underwriting for the Section 184 Loan!

Those who are eligible to apply are any Native American or Alaskan Native that is a member of a federally recognized tribe or an Alaskan Village. Indian Tribes, Tribal Designated Housing Entities, and Indian Housing Authorities also qualify.

This loan will cover the purchase of an existing home, the construction of a new home, or the refinancing of a current mortgage!

What are you waiting for? Call Todd today to find out if you qualify to benefit from this great loan! 505-918-1028

Wednesday, February 22, 2012

Info about Section 184

How powerful is the Section 184 Native American Program? This loan has no mortgage insurance and a low down payment! More facts:
  • Buying a house for $130K FHA and $160K Section 184 = approximately the same payment.
  • Native American Loan Program eliminates monthly mortgage insurance and only requires 2.25% down payment in New Mexico and Colorado
  • You can get an MFA loan combined with a Section 184 Native American loan and a 2/1 buydown.
  • Imagine at mortgage closing with only a 550 credit score! What’s the interest rate 9%? Nope It was only 4.75%.
Call Todd for even more information about this incredible loan program that can help you save money on the purchase of your home! 505-918-1028