John Thornbloom

NMLS # 269996

303-918-8750

john@lmcolorado.com

John Thornbloom Mortgage/ HECM Specialist

Blog

The Benefits of Homeownership: Beyond Financial Gains

The Benefits of Homeownership: Beyond Financial Gains

The financial benefits of homeownership are well documented, but the value of owning a home extends far beyond monetary considerations. While private mortgage insurance (PMI)  and large down payments may be a concern for some buyers, the rewards of h

Aug 31, 2023 | Purchasing a Home

Do VA Entitlements Ever Expire?

Do VA Entitlements Ever Expire?

One of the perks of serving our country in the military is being able to take part in the VA home loan program, with its zero down payment rules and excellent interest rates. This government-backed mortgage program empowers active-duty military personnel

Aug 29, 2023 | VA Loans

Colorado Hail Claims at Insane Levels

Colorado Hail Claims at Insane Levels

Colorado has been hit with record setting hail damage in 2023.  This means that we have also hit record levels of insurance claims.  What does this mean for homeowners?  It means you may be getting a surprise when your insurance renews.&nbs

Aug 24, 2023 |

US Household Debt Hits Record High

US Household Debt Hits Record High

Household debt balances set a record high of $17 trillion during the first quarter. Of that 17 trillion, about 1 trillion is in credit card debt.  This is pointing to strong signs of economic trouble ahead. With people struggling to pay the their bil

Aug 24, 2023 |

How To Handle Your Mortgage In a Divorce

How To Handle Your Mortgage In a Divorce

Among the many decisions to be made during a divorce is what to do with the house. There are three main mortgage options for splitting partners: selling, refinancing, or buying the other person out. Sell the House If the parties intend to split the value

Aug 24, 2023 |

Get a Mortgage even if You Just Started a New Job

Get a Mortgage even if You Just Started a New Job

One of the things lenders look for in a good mortgage application is a minimum of two-years of solid work employment history. They want to have confidence that the borrower has a steady, reliable source of income to pay for the loan. Does this mean you ca

Aug 22, 2023 | Purchasing a Home

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