On this episode, we're discussing a critical issue for many first-time homebuyers - the impact of student loans on homeownership. With student loan debt surpassing $1.7 trillion in the US, many young Americans are struggling to save for a down payment and qualify for a mortgage.

Our guest, Chad Phyle with World Financial Group, will share insights into how student loan programs can lower your monthly payment.

You'll learn about the different types of student loan repayment plans and how they can impact your credit score and debt-to-income ratio. We'll also discuss how the program works.

If you're a first-time homebuyer struggling with student loan debt, this episode is a must-listen. We'll help you understand the challenges you're facing and provide actionable advice to help you achieve your dream of homeownership. Don't let student loans kill your chances of owning a home - tune in now!

How to Reach Us:

Estrella Gallegos

Realtor, eXp Realty

720-641-2099

www.sellingwithstar.com

Chad M. Phyle

World Financial Group

Cell: 720-364-3213

For Appointments and Information:

https://agents.worldfinancialgroup.com/chad-phyle

Keywords: student loans, homeownership, first-time homebuyers, mortgage, down payment, debt-to-income ratio, credit score, government programs, negotiating with lenders, creative financing.

Welcome to the Denver Market Moment, where we bring you the latest updates and insights on the Denver real estate market. In today's episode, we discuss a concerning trend that has emerged in the local housing market – first-time homebuyers are at an all-time low.

According to recent data, the number of first-time homebuyers in Denver has been steadily declining over the past few years. This is a worrying trend for the local real estate industry, as first-time homebuyers are an essential part of the market and play a crucial role in driving growth.

In this episode, we dive deeper into the reasons behind this decline and explore the challenges that first-time homebuyers are facing in Denver. We talk about the rising prices of homes, low inventory, and competition from cash buyers and investors and how you can become a homeowner despite ALL of those hurdles.

Join us for an insightful discussion on the state of the Denver housing market and the challenges facing first-time homebuyers. Whether you're a first-time buyer yourself or simply interested in the latest developments in the Denver real estate market, this episode is not to be missed!

How to Reach Us:

Estrella Gallegos

eXp Realty

720-641-2099

[email protected]

Scott Loeferrt

Tru North Mortgage

303- 704-5472

www.TruNorthMortgage.com

#Firsttimehomebuyer #buyingahouse #housingcrisisindenver #livingindenverco #denverco

Explained: What Fannie Mae & Freddie Mac did to impact home Buyers 

Oh my goodness it is January, there is snow on the ground and we are sitting in the middle of a multi-day cold front but the real estate market did not get the memo! 

All the data indicates that the Spring market started in January! If you are a home buyer on the fence, get off because your window of opportunity for deals is ending soon and if you are a home seller - the time is now, get on before all the other homeowners start to sell their homes! 

Scott is giving us the skinny on how you can lock in a killer interest rate to help make your offer competitive as things heat up while protecting your money. 

Want to talk to us to start your home buying or selling process call us 

Estrella Gallegos eXp Realty 

720-641-2099

Scott Loeffert E Mortgage Capital 

303-704-5472

In Today's episode, we discuss what the National Association of Realtors analysts have predicted for 2023 and how you as a home buyer or home seller can take advantage of that! 

You Made it To Closing Day - Now What?? 

Okay, so you made it to closing day and are a bit overwhelmed. Never fear! Scott and Estrella walk through all the things that happen to make that day as smooth as possible, after all, you are buying a beautiful home! 

Want to know more and start your home-buying journey? Contact us today at:

Estrella Gallegos [email protected] 720-641-2099 www.sellingwithstar.com

Scott Loeffert [email protected] 303-704-5472 https://scottloeffert.s1l.com/

Your offer was accepted now what? 

Wohoo you submitted an offer and it was accepted. You are now under contract. In this episode, Scott and Estrella talk about all the crazy fun stuff that happens both behind the scenes and front and center. 

They outline all the expenses that are handled with cash on hand and those that get rolled into the home loan if you are financing your purchase. 

Want to know more and start your home-buying journey? Contact us today at: 

Estrella Gallegos [email protected] 720-641-2099 www.sellingwithstar.com 

Scott Loeffert [email protected] 303-704-5472 https://scottloeffert.s1l.com/

Is Home Ownership in Your Plan for 2023? Listen to this first to hear what you need to do before you get started. 

This episode discusses the pre-approval process, house hunting, and getting under contract. Ready to become a homeowner? Contact us today to get started. 

Estrella Gallegos [email protected] 720-641-2099 www.sellingwithstar.com

Scott Loeffert [email protected] 303-704-5472 https://scottloeffert.s1l.com/

Have you visited the newest new build community and fell in love with a home and the sales rep is offering incentives for using their builder? HOLD ON, it may not be the deal you think it is. Listen to this week's episode to find out when it is a good idea to use the builder's lender and when it is best to use your own lender. 

Estrella Gallegos [email protected] 720-641-2099 www.sellingwithstar.com

Scott Loeffert [email protected] 303-704-5472 https://scottloeffert.s1l.com/

New Construction, New Build, Buying a New Home, Getting a Home Mortgage 

You're looking for the best deal when buying a house right?! 

In today's episode, we discuss the difference between asking for a credit rather than a lower price when writing that offer. You might be surprised by the numbers. 

Estrella Gallegos [email protected] 720-641-2099 www.sellingwithstar.com 

Scott Loeffert [email protected] 303-704-5472 https://scottloeffert.s1l.com/