Real Estate
Sponsored by

Second Home / Investment Property in CO

2,672 Views | 12 Replies | Last: 2 yr ago by JustPanda
Prosper92Ag
How long do you want to ignore this user?
AG
Can any of the mortgage lenders on here give me a ballpark rate and points for a second home in Colorado (Eagle County)? House is $1mm with 20% down, so mortgage would be $800,000. Don't think that's a jumbo in Eagle County. Credit scores between 750 - 780.

I'm working with a lender I've worked with before but want a sanity check.

Thanks!
MAS444
How long do you want to ignore this user?
AG
Not directly on point but I got 6.75 for a construction loan in Ouray COunty, which was a little lower than I expected (and got elsewhere).
Jay@AgsReward.com
How long do you want to ignore this user?
Sponsor
AG
Is this for a single family home or a condo?
Prosper92Ag
How long do you want to ignore this user?
AG
SFR
Jay@AgsReward.com
How long do you want to ignore this user?
Sponsor
AG
30 year fixed would be mid 7's for a second home with 20% down assuming 750 credit and 45 day close is a ball park. Love to send you some numbers. We have been the title sponsor for this board since its inception. My email is my screen name here.
Win At Life
How long do you want to ignore this user?
AG
Prosper92Ag said:

Can any of the mortgage lenders on here give me a ballpark rate and points for a second home in Colorado (Eagle County)? House is $1mm with 20% down, so mortgage would be $800,000. Don't think that's a jumbo in Eagle County. Credit scores between 750 - 780.

I'm working with a lender I've worked with before but want a sanity check.

Thanks!


Username checks out.
JustPanda
How long do you want to ignore this user?
AG
I'm f you're looking to buy as an investment property you probs want to research the STR restrictions and bans happening all across CO.

As a resident of Eagle county, it's just a matter of time before they're enacted here.
Prosper92Ag
How long do you want to ignore this user?
AG
Thanks Panda. Not looking to rent … just personal use and letting close friends and family use for free. Can't wait to start spending more time up there!
jaggiemaggie
How long do you want to ignore this user?
AG
Prosper92Ag said:

Thanks Panda. Not looking to rent … just personal use and letting close friends and family use for free. Can't wait to start spending more time up there!


Hey kinfolk long time no see! I'd be happy volunteer and take a couple of weeks every summer to occupy the place for you.
JustPanda
How long do you want to ignore this user?
AG
Where in ECO are you buying?
Kyle Field Shade Chaser
How long do you want to ignore this user?
AG
Prosper92Ag said:

Thanks Panda. Not looking to rent … just personal use and letting close friends and family use for free. Can't wait to start spending more time up there!


Hey friend! Can't wait to hit the slopes this year, my friend!
Prosper92Ag
How long do you want to ignore this user?
AG
Down valley in Gypsum on the golf course. Wish it was a little closer for skiing, but got more house for the money … and we'll spend more time up there in the summers.
JustPanda
How long do you want to ignore this user?
AG
The ECO busses are fantastic during ski season. Eagle Valley P&R is money, you can also get a local parking pass for VTC. I think Eagle county residents non vail get like a 30% discount maybe 40%. You pick them up from
Under the vail police station.

If you're up here during ski season lmk! I can get you into the lion square lodge lot for free 100 ft from the gondola.
Refresh
Page 1 of 1
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.