Newt Wyler | REALTOR
  • Home
  • Selling
    • Steps To Selling
    • How Much Will It Cost?
    • Selling & Buying?
    • FAQ's For Sellers
    • I'm Ready, Now What?
  • Buying
    • Steps to Buying
    • What Can You Afford?
    • Home & Land Buying Costs
    • Wish List
    • I'm Ready, Now What?
  • Resources
  • About
  • Stats
  • Testimonials
  • Contact

Buying in Colorado & Wyoming
WHAT CAN YOU AFFORD?


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A home buyer should typically be able to afford a home that is 3 to 3.5 times your annual income.    Another general rule is your total monthly expenses (including the new home) should never be above 45% of your gross (pretax) income.   For a first time home buyer, I typically recommend for this ratio to be 35% or less.   You should always consult with a professional mortgage advisor (not your typical bank teller).  And please remember that not all banks are created equal. Some banks can be great for your day to day banking, but have a reputation as terrible mortgage lenders. Therefore, please ask me or your friends and family for mortgage banker recommendations. A mortgage banker will advise you and let you know your qualification, how much home you can afford, what your monthly payments will be and what you should expect throughout the home buying process.   ​My recommendations for mortgage and land lenders include:


Mortgage Lenders

COLORADO
Fairway Independent Mortgage Corporation
Kenny Bunch
​Phone: (970) 691-2051     
​Email: [email protected]
COLORADO
The Horn Funding Corp- The Francis Team
Max Pribbeno
​Phone: (303) 406-8070     
​Email: [email protected]
COLORADO
New American Funding
Steve LaForest & Kellen Miles
​Phone: (970) 381-4374 or (970) 213-8572
​Email: [email protected] or
[email protected]
WYOMING
Fairway Independent Mortgage Corporation
Kenny Bunch
Phone: (970) 691-2051     
​Email: [email protected]
WYOMING
Blue Federal Credit Union
Jason Harris
Phone: (307) 432-5439     
​Email: [email protected]

Land Lenders

COLORADO
The Federal Savings Bank
Rhonda Croft
​Phone: (970) 420-4210     
​Email: [email protected]
COLORADO
Adams Bank & Trust
Kim Kuxhausen
​Phone: (970) 667-4308     
​Email: [email protected]
COLORADO
Bank of Colorado
Jim Verg
​Phone: (970) 689-8237     
​Email: [email protected]
WYOMING
Blue Federal Credit Union
Jason Harris
Phone: (307) 432-5439     
​Email: [email protected]

Steps to Buying

What Can You Afford?

Wish List

Home & Land Buying Costs

I'm Ready, Now What?

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  • Home
  • Selling
    • Steps To Selling
    • How Much Will It Cost?
    • Selling & Buying?
    • FAQ's For Sellers
    • I'm Ready, Now What?
  • Buying
    • Steps to Buying
    • What Can You Afford?
    • Home & Land Buying Costs
    • Wish List
    • I'm Ready, Now What?
  • Resources
  • About
  • Stats
  • Testimonials
  • Contact