John Thornbloom

NMLS # 269996

303-918-8750

john@lmcolorado.com

John Thornbloom Mortgage/ HECM Specialist

Blog

Understanding Debt-to-Income Ratio

Understanding Debt-to-Income Ratio

Buying a house is a big deal, and there's some key phrases that you need to know. You can conquer the world of real estate once you understand a powerful weapon in your financial arsenal: the "debt-to-income ratio." Don't let the jargon scare you –

Sep 14, 2023 | Purchasing a Home

How to Avoid Private Mortgage Insurance (PMI)

How to Avoid Private Mortgage Insurance (PMI)

Imagine you're on the edge of diving into homeownership—super thrilled to claim a piece of the real estate pie. But wait a minute! There's a sneaky hurdle called Private Mortgage Insurance (PMI) lurking in the shadows. Buckle up, because we're about

Sep 12, 2023 | Purchasing a Home

Pre-Qualified vs Pre-Approved

Pre-Qualified vs Pre-Approved

The terms pre-qualified and pre-approved sound very similar but are definitely different.  I can give very long descriptions for both, but I will make this short and simple.   Pre-Qualified When a lender tells you the client is pre-qualifie

Sep 11, 2023 |

We will Always Remember those who died on September 11th, 2001

We will Always Remember those who died on September 11th, 2001

September 11, 2001, will always be remembered as a day that changed the course of history and the lives of countless individuals forever. As we reflect upon the tragic events of that day, our hearts are heavy with the memory of the nearly 3,000 innocent p

Sep 11, 2023 |

1k Down Payment Programs

1k Down Payment Programs

Realtors - Down Payment Assistance Programs are still availableBuyer & Listing Agents, now is the time to use seller paid closing costs to qualify more buyers and sell homes faster.  I am available to work up scenarios with you to show you how to

Sep 10, 2023 |

Modular or Manufactured? Quick ways to Identify.

Modular or Manufactured? Quick ways to Identify.

Modular homes can look very similar to Manufactured homes.  While they can seem similar, they are a whole different animal in the lending world. This difference affects the ability to qualify and interest rates.  Before you list or offer for the

Sep 10, 2023 |

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