John Thornbloom

NMLS # 269996

303-918-8750

john@lmcolorado.com

John Thornbloom Mortgage/ HECM Specialist

Blog

How To Beat High Inflation with a Home Purchase

How To Beat High Inflation with a Home Purchase

Inflation rates in the U.S. rose to unusually high levels over the past few years. While the Federal Reserve is making headway on bringing rates down, it can still feel like your buying power is being quickly eroded. High interest rates may have scared yo

Mar 07, 2023 | Purchasing a Home

More Space: Buying a Bigger Home vs. Expanding

More Space: Buying a Bigger Home vs. Expanding

Maybe you have recently added another child to your family. Maybe it's time to bring your aging parents into your home for more care. Or maybe your job has gone remote, and you need room for an office. Whatever the reason for needing more space, it can be

Mar 02, 2023 | Purchasing a Home

How Long Does a Mortgage Pre-Approval Last?

How Long Does a Mortgage Pre-Approval Last?

The U.S. real estate market has had an extremely low inventory of available homes over the past two years thanks to enormous demand. That has resulted in longer home searches for potential buyers. The National Association of Realtors recently reported tha

Feb 28, 2023 | Purchasing a Home

5 Common Misconceptions That Keep You from A Perfect Credit Score

5 Common Misconceptions That Keep You from A Perfect Credit Score

Earning and keeping a perfect credit score is a great goal, but there are plenty of myths out there about how to achieve it. Since having a great score is essential for everything from getting approved for a mortgage to getting a car loan to even getting

Feb 23, 2023 | Credit

5 Things Every First-Time Buyer Needs to Know

5 Things Every First-Time Buyer Needs to Know

Buying a home for the first time is a big deal. Whether your first purchase is your last or if it is a stepping stone to a larger one in the future, there is a lot to think about and understand as you settle on the right home. Here are 5 things every firs

Feb 21, 2023 | Purchasing a Home

Should You Make a 20% Down Payment?

Should You Make a 20% Down Payment?

If you’re getting ready to buy a house, you may be unsure how much money to contribute as a down payment. For many years, 20% of the purchase price was considered a full down payment and the mortgage industry standard. While there are many benefits to put

Feb 16, 2023 | Purchasing a Home