https://mortgage101team.com/contact 2025-12-08T22:02:35.334Z weekly 0.8 https://mortgage101team.com/calculators 2025-12-08T22:02:35.309Z weekly 0.8 https://mortgage101team.com/purchase-vs-refinance 2025-12-08T22:02:35.285Z weekly 0.8 https://mortgage101team.com/first-time-homebuyer-guide 2025-12-08T22:02:35.261Z weekly 0.8 https://mortgage101team.com/video-blog 2025-12-08T22:02:35.240Z weekly 0.8 https://mortgage101team.com/products 2025-12-08T22:02:35.209Z weekly 0.8 https://mortgage101team.com/about 2025-12-08T22:02:35.183Z weekly 0.8 https://mortgage101team.com/get-quote 2025-12-08T22:02:35.158Z weekly 0.8 https://mortgage101team.com/testimonials 2025-12-08T22:02:35.132Z weekly 0.8 https://mortgage101team.com 2025-12-08T22:02:34.999Z weekly 1.0 https://mortgage101team.com/jeremy-stebbins.jpg Jeremy Stebbins https://mortgage101team.com/video1.mp4 What are the steps to get pre-approved? Step 1: Initial consultation to discuss your goals and timeline Step 2: Fill out a mortgage application with your personal and financial information Step 3: Submit documentation (pay stubs, tax retu https://mortgage101team.com/video2.mp4 How much is down payment and closing costs? Minimum down payment varies between loan programs but is generally between 0-5% depending on the loan type: • VA & USDA Loans: 0% down • FHA Loans: 3.5% down • Conventional Loans: 3-20% down Closing https://mortgage101team.com/video3.mp4 Can I use down payment assistance? Yes! In most cases you can qualify for down payment assistance if you are buying a primary residence. In Colorado, CHFA (Colorado Housing and Finance Authority) programs are commonly used because they https://mortgage101team.com/video4.mp4 I'm pre-approved and ready to move forward, what are the next steps? Congratulations on your pre-approval! Here's what comes next: Step 1: Pick a real estate agent (I can provide recommendations if needed) Step 2: Begin home shopping within your approved price range https://mortgage101team.com/video5.mp4 Does the home need to be inspected and appraised? Home inspection is your decision, but it's highly recommended! An inspection (typically $400-600) helps you understand the condition of the home and can be used to negotiate repairs with the seller. https://mortgage101team.com/video6.mp4 How long does it typically take to close on a home? When is my rate locked in? Generally 30-45 days from when you go under contract, depending on your specific situation. Fast is good, but it's not always better if you have a lot of moving pieces like coordinating your move or m