John Thornbloom

NMLS # 269996

303-918-8750

john@lmcolorado.com

John Thornbloom Mortgage/ HECM Specialist

Blog

What’s the Difference Between a Mortgage Co-Borrower and Co-Signer?

What’s the Difference Between a Mortgage Co-Borrower and Co-Signer?

When trying to qualify for a mortgage, many homebuyers will apply with a co-borrower or co-signer to make their application stronger. Another person’s income, assets, or credit can sometimes be the boost needed to get approved. However, the terms co

Jul 27, 2023 | Purchasing a Home

Recession Coming Soon?

Recession Coming Soon?

Is a recession coming?  Many experts warn it's coming and much quicker than expected.  With interest rates being raised again today, many people can't afford their existing debt.  If you have a HELOC, credit card, or any other debt on an ad

Jul 26, 2023 |

July 2023 Rate Hike

July 2023 Rate Hike

The fed just announced another .25% interest rate hike, which makes this the highest benchmark record since 2007.  The rising rates are an attempt to curb inflation.  The problem is that with the rapid rate hikes, Americans are finding it harder

Jul 26, 2023 |

Summer Drinks

Summer Drinks

This summer has been brutally hot.  We are all trying to come up with ways to cool down deal with crazy heat.  For some great drink ideas check out ------->  https://www.liquor.com/slideshows/summer-cocktail-recipes/

Jul 26, 2023 |

6 Mistakes that Home Buyers Should Avoid

6 Mistakes that Home Buyers Should Avoid

With the busiest housing market season of the year in full swing, it’s essential to be on your home buying game. Here are 6 major mortgage blunders to avoid to make sure you are in prime position for scoring the perfect property. Not Getting Pre-ap

Jul 25, 2023 | Purchasing a Home

How Often Do Mortgage Rates Change?

How Often Do Mortgage Rates Change?

When you are ready to buy a house or refinance your existing home loan, getting the best mortgage interest rate is key to minimizing your total borrowing costs. You may have heard in the news lately about rates moving up and down due to inflation trends.

Jul 20, 2023 | Interest Rates

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