Two Cents - Insights Brought to you by Vectra Bank

Mortgage Articles

• Is Now the Best Time to Refinance Your Home?

  January 2020 / Mortgages / Share

  With consistently low interest rates throughout the year, is now the best time to refinance your home?

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• What Are Jumbo Loans?

  October 2019 / Mortgages / Share

  You may need to take out a jumbo mortgage to afford a home.

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• Home Equity Loan or Line of Credit? How To Decide Which is Right For You

  September 2019 / Mortgages / Share

  Read up on home equity loans and HELOCs.

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• What is Private Mortgage Insurance?

  June 2019 / Mortgages / Share

  Private mortgage insurance can be costly, so it's important to understand the concept and when you might be required to carry it.

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• Pros and Cons to Refinancing Your Mortgage

  May 2019 / Mortgages / Share

  Here are some pros and cons to refinancing.

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• Comparison Shopping for a Mortgage: What to Know

  May 2019 / Mortgages / Share

  Comparison shopping for a mortgage can save you thousands over the lifetime of a home loan.

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• Tax Prep 101: How to Deduct Interest from a Mortgage or HELOC

  April 2019 / Mortgages / Share

  Here's how the TCJA can affect the amount of interest you claim on a mortgage or HELOC.

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• Fixed-Rate Mortgages vs. ARM

  April 2019 / Mortgages / Share

  Prospective homeowners face a fundamental decision when it comes to their mortgage.

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• What is a HELOC and How Can Homeowners Use One?

  March 2019 / Mortgages / Share

  HELOCs are a useful tool you can use to make home improvements or pay down debt.

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• How Vectra Bank Colorado is Helping Customers Build the Home of Their Dreams

  March 2019 / Mortgages / Share

  Vectra Bank's One-Time Close loan is helping local homeowners build their dream abodes.

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• How Do Mortgage Products Differ?

  March 2019 / Mortgages / Share

  Here are some of the key factors that make up a mortgage.

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• How the Extended Lock Program Helps Homebuyers and Builders Alike

  December 2018 / Mortgages / Share

  Learn more about how the Extended Lock program helps homebuyers and homebuilders.

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• How To Determine Which Mortgage Loan is Right For You

  July 2018 / Mortgages / Share

  There is no one-size-fits-all solution in the mortgage process.

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• Home Loan Checklist: How To Prepare For Your Application

  July 2018 / Mortgages / Share

  Before selecting a mortgage type, there are a few actions you should take in preparation for the loan application process.

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• The Good, the Bad and the Ugly in the Construction Industry

  June 2018 / Mortgages / Share

  The Rocky Mountain Construction Summit examined many issues that are present in the construction industry today.

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• Hidden Homebuying Costs to Know

  April 2018 / Mortgages / Share

  When you purchase a home, you will almost always end up paying a price that's different from the number on the listing.

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• What To Know About Refinancing This Year

  March 2018 / Mortgages / Share

  Refinancing a mortgage is a great way to lower your monthly payment or reconfigure the terms of your mortgage.

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• Should You Pay Off Your Mortgage Early?

  February 2018 / Mortgages / Share

  The topic of early mortgage payment is up for debate because of the way most financial advisors and experts classify different types of debt.

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• First-time Buyers in Colorado Can Utilize Special Savings Accounts

  January 2018 / Mortgages / Share

  Colorado now has a tax-advantaged savings account designed especially for first-time homebuyers.

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• Mortgage Interest Deduction Faces Scrutiny

  December 2017 / Mortgages / Share

  One big tax break for homeowners might be on the chopping block.

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• Should You Hire a Real Estate Agent?

  September 2017 / Mortgages / Share

  Some potential homebuyers or homeowners cut costs by taking a second look at expenses like contracting a real estate agent - but is this really worth it?

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• Economic Uncertainty Pushes Rates Lower

  July 2017 / Mortgages / Share

  Mortgage interest rates are at their lowest level in seven months.

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• Spring Mortgage Rates Dip Lower

  June 2017 / Mortgages / Share

  Recent mortgage rate activity may be a good sign for Americans planning to move this year.

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• Why Local Lenders Often Outshine Big Banks

  May 2017 / Mortgages / Share

  Local lenders often outperform major banks.

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• Understanding common mortgage fees and costs

  April 2017 / Mortgages / Share

  Before signing on the dotted line or even settling on a lender, take a look at the details behind the loan and be prepared for an honest discussion.

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• Understanding reverse mortgages

  March 2017 / Mortgages / Share

  A reverse mortgage might be a good financial move for some homeowners, but be sure to work through the associated costs and benefits.

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• Mortgage basics for small-business owners

  December 2016 / Mortgages / Share

  If you're self-employed or own a small business, you're still perfectly capable of being approved for a great home loan.

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• Where mortgage interest rates may be headed

  December 2016 / Mortgages / Share

  With Summer 2016 now well in the rearview mirror, some may be mourning the end of one of the best stretches to have been a U.S. homeowner in recent memory.

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• One-Time Close Lets Customers Close Once on Two Loans

  September 2016 / Mortgages / Share

  Vectra's One-Time Close Loan allows customers to close on construction and mortgage loans at the same time.

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• When to make the switch from rent to buy

  July 2016 / Mortgages / Share

  Many Americans are now delaying their life's biggest purchase until much later, or forgoing it completely.

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• Spring 2016 presents opportunity to buy, refinance homes

  April 2016 / Mortgages / Share

  As the country thaws out from a relatively short-lived winter, things seem to be on the up-and-up for the real estate market as well.

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• Buying a home in 2016? Create a financial housekeeping checklist

  April 2016 / Mortgages / Share

  Before you start attending open houses or even perusing listings, take a few basic steps toward ensuring all your financial ducks are in a row.

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• Selling a Colorado home in winter

  February 2016 / Mortgages / Share

  If you are among the state's residents looking to sell their home, the winter can be stressful and challenging.

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• How to secure a good down payment

  February 2016 / Mortgages / Share

  Different real estate experts offer their own unique opinions on how much an interested homeowner should spend on a down payment.

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• Reducing the years on your 30-year mortgage

  January 2016 / Mortgages / Share

  Owning a home may be your dream, but the task involves a lot of work.

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• When is the right time to refinance a home?

  November 2015 / Mortgages / Share

  There is no clear date on a calendar that lets you know when it's time to refinance a home mortgage. The scheduling process is unique for every homeowner, depending on a wide variety of factors.

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