John Thornbloom

NMLS # 269996

303-918-8750

john@lmcolorado.com

John Thornbloom Mortgage/ HECM Specialist

Blog

More 2023 Interest Rate Hikes?

More 2023 Interest Rate Hikes?

The last Fed meeting announced a pausing of rate hikes, which made everyone smile, until Jerome Powell spoke.  He then clarified that the war on inflation isn't over and we can expect two more rate hikes in 2023. What does that mean for us?  HEL

Jul 01, 2023 |

The Pros and Cons of a 40-Year Mortgage

The Pros and Cons of a 40-Year Mortgage

When it comes to buying a house, you have most likely heard of a 30- or 15-year mortgage, and maybe even a 20-year mortgage. Did you know there are also 40-year mortgages? In today’s market of record high prices, these long-term home loans can offer

Jun 29, 2023 | Purchasing a Home

Get Your Concealed Carry Now

Get Your Concealed Carry Now

Getting a Concealed Handgun Permit (CHP) in Colorado is easy......for now.  With many laws changing and becoming more restrictive, the time to get a permit is now.  Historically laws tend to grandfather people in and prevent anyone new from movi

Jun 29, 2023 | CCW Concealed Carry Self Defense

How does a HELOC work?

How does a HELOC work?

With so much equity flowing freely these days, getting a home equity line of credit (HELOC) can be a great way to pay for home renovations, help pay for a child’s college tuition, or finance other important financial goals. Unlike a traditional mort

Jun 27, 2023 | Refinancing a Home

Can I Get a VA Loan After Leaving Military Service?

Can I Get a VA Loan After Leaving Military Service?

Home loans sponsored by the Department of Veteran Affairs, or VA loans, are an amazing resource for active duty military personnel. They offer low interest rates and do not require down payments. But what about if you have ended your military service? Can

Jun 22, 2023 | VA Loans

Weighing the Options: Vacation Home or First Mortgage Payoff?

Weighing the Options: Vacation Home or First Mortgage Payoff?

Have you always wanted to buy a second home in your favorite vacation spot, but you’re not sure if it makes financial sense to take on a second mortgage before paying off your first? It can be a tricky question as it feels like a trade-off between g

Jun 20, 2023 | Purchasing a Home

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