Elevation Mortgage

Elevation Mortgage Reed Letson, NMLS1655924
Equal Housing Lender For Information purposes only. This is not a commitment to lend or extend credit. https://nmlsconsumeraccess.org/

information and/or dates are subject to change without notice. All Loans are subject to credit approval. Elevation Mortgage NMLS # 2179191 Equal Housing Opportunity, All Right Reserved.

05/12/2025

๐Ÿšจ Colorado Springs Is On ๐Ÿ”ฅ โ€” Donโ€™t Miss the Window ๐Ÿšจ

The #1 Hottest Housing Market in America (2025), according to Realtor.com's annual housing forecast

This isnโ€™t hype. Itโ€™s happening right now:

๐Ÿ“ˆ Home sales are projected to skyrocket by 27.1%
๐Ÿก Home values are set to climb another 12.7% this year
๐Ÿ“Š Inventory is UP 46% from last month โ€” finally, more options for buyers

But hereโ€™s the kicker:
๐Ÿ’ธ Mortgage rates may be stable today, but that could change overnight
Just a 0.5% jump could cost you hundreds more per month

Every week you wait could mean paying more and getting less.

โœ… Want to build equity fast before prices spike again?
โœ… Ready to move up without overpaying?
โœ… Tired of renting and want to own in a booming market?

DM me โ€œSPRINGSโ€ and Iโ€™ll get you pre-approved in 24 hours or less โ€” no pressure, just clear answers.

Timing is everything โ€” and right now, itโ€™s go time.

Letโ€™s make your move before the market makes it for you.

๐Ÿ” Welcome to Mortgage Mystery TheaterThe Case of the Disappearing Approval. Many borrowers get pre-approved but later fi...
03/03/2025

๐Ÿ” Welcome to Mortgage Mystery Theater

The Case of the Disappearing Approval. Many borrowers get pre-approved but later find themselves denied.

What happened?

Our investigation reveals these common culprits:
1. New debt acquired after pre-approval (car loans, credit cards)
2. Employment changes not reported to your lender
3. Credit score decreases due to missed payments
4. Large, unexplained bank deposits raising red flags
5. Appraisal coming in below purchase price

Protect yourself by maintaining open communication with your mortgage broker throughout the process.

We're here to help Colorado homebuyers navigate these potential pitfalls!

06/11/2024

๐Ÿ“ข๐Ÿ“ขVA Loan Announcement ๐Ÿ“ข๐Ÿ“ข

Effective Aug 10th, VA will allow buyer-paid broker fees.

Please read Circular 26-24-14 as there are conditions.

https://www.benefits.va.gov/HOMELOANS/documents/circulars/26-24-14.pdf

06/10/2024

SBA Rates are dropping again!!

Deals to be had in Commercial financing.

One of my favorite lenders for self-employed borrowers.It's not about how many lenders you have to shop for, it's about ...
04/03/2024

One of my favorite lenders for self-employed borrowers.

It's not about how many lenders you have to shop for, it's about knowing which lender will approve it..... and fast!

๐Ÿ‘‡๐Ÿ‘‡ Looking to close fast? ๐Ÿ‘‡๐Ÿ‘‡

Give us a call at 719.247.6622 or visit www.elevationmtg.com

Colorado Springs Real Estate Market for April 1st (No Fooling here).This week, the real estate in Colorado Springs, CO t...
04/01/2024

Colorado Springs Real Estate Market for April 1st (No Fooling here).

This week, the real estate in Colorado Springs, CO the median listing price has soared to $555,000! The market is gaining momentum, evidenced by the market action index rising to 46, up from 44 just last month. The inventory remains robust, with approximately 1,403 properties eagerly awaiting new owners. The real estate scene here is vibrant and bustling!

Ready to take action? Hit me up at 719.445.2959!

What's happening this week in the Colorado Springs Real Estate Market?This week the median list price is $554,741 with m...
03/25/2024

What's happening this week in the Colorado Springs Real Estate Market?

This week the median list price is $554,741 with market action index hovering around 46. This is an increase over last week's market action of 44. Inventory has held steady at or around 1,366.

Where are we in the Colorado Springs real estate market?This week the median list price for Colorado Springs, CO is $539...
03/18/2024

Where are we in the Colorado Springs real estate market?

This week the median list price for Colorado Springs, CO is $539,887 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has held steady at or around 1,458.

Starting to shift into a seller's market but with the NAR news, will this change anything? I personally don't think anything will drastically change for buyers and sellers, we are just going to have to change the way we approach the business.

Make the change now or get left behind.

02/13/2024
If you are a   looking to buy a home, take advantage of our First Responder Home Buyer Incentive Program!โœ… $1,000 Lender...
01/30/2024

If you are a looking to buy a home, take advantage of our First Responder Home Buyer Incentive Program!

โœ… $1,000 Lender Credit
โœ… No cost appraisal
โœ… No Underwriting Fee

**This applies to Conventional and VA loans only**

Reach out for more details at 719.445.2959

๐Ÿ’ฅ๐Ÿ  Buying a home, huh? The million-dollar question is... when's the right time? ๐Ÿ’ญHere's the real deal - there's no one-s...
01/25/2024

๐Ÿ’ฅ๐Ÿ  Buying a home, huh? The million-dollar question is... when's the right time? ๐Ÿ’ญ

Here's the real deal - there's no one-size-fits-all answer. It's not about picking a date on the calendar. It's a mix of your financial fitness, the market vibes, and your personal life stage.

First up, your money game needs to be strong. Got the dough for a down payment? Can your income handle the mortgage beast? If yes, you're on track. ๐Ÿ’ช๐Ÿ’ฐ

Next, take a peek at the market. Low interest rates, good property prices - these can make it a sweet spot to jump in. But remember, the property market dances to its own rhythm. Trying to time your moves perfectly with it? Good luck with that! ๐ŸŽฒ๐Ÿ”ฎ

And don't forget, it's also about YOU. Ready to handle the baggage of owning a home? Is your life stable enough to pin down to one place? These answers matter, mate. ๐ŸŽฏ๐ŸŒ

So here's the bottom line - the right time to buy a home is when your money, the market, and your life are in sync. Don't let anyone rush you into this. Take your time, weigh all the factors, and make the call. After all, it's probably the biggest cheque you'll ever write. ๐Ÿก๐Ÿ’ซ

Address

7 E Bijou Street, Suite 217
Colorado Springs, CO
80903

Opening Hours

Monday 7am - 6pm
Tuesday 7am - 6pm
Wednesday 7am - 6pm
Thursday 7am - 6pm
Friday 7am - 6pm
Saturday 10am - 2pm

Telephone

+17192476622

Website

https://nmlsconsumeraccess.org/, https://elevationmtg.com/

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