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Monday 8:30am - 8pm Tuesday 8:30am - 8pm Wednesday 8:30am - 8pm Thursday 8:30am - 8pm Friday 8:30am - 8pm Saturday 9am - 6pm Sunday 9am - 6pm

Adam Renken I Renken Mortgage Team I Denver

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United States
Lonetree, CO
Adam Renken I Renken Mortgage Team I Denver

Licensed in Arizona, California, Colorado, Florida, Texas, & Washington
Mortgage Consultant NMLS #1065772

Licensed in AZ, CA, CO, FL, TX & WA
MORTGAGE CONSULTANT
NMLS #1065772
GUIDING HOMEOWNERS FOR OVER 20+ YEARS
Financing provided by Altamont Funding, INC - NMLS 2603233 | nmlsconsumeraccess.org

09/03/2026

Mortgage rates jumped again, but that doesn't mean it's a bad time to buy🤔

Higher rates can push buyers out of the market, reducing competition for the buyers who remain.

And less competition creates negotiating power.

Instead of competing against multiple offers, you may be able to negotiate one, two, or all of these benefits.

• A lower purchase price
• Seller-paid closing costs
• A permanent rate buydown
• A temporary rate buydown to reduce your initial monthly payment for the first few years.

We can't predict where mortgage rates are going right now, but if you can comfortably afford today's payment, the bigger question may be: How much leverage can we get you on the purchase?

Contact me to discuss strategies to get you the best deal and the payment you need to make the deal work!

08/06/2026

The easiest closings are usually the ones where you never see the work happening behind the scenes.🪄

We recently closed on a home where the buyers had enough equity in their current home, but they didn't have immediate access to the cash needed for their down payment.

Instead of telling them to wait until they sold, we coordinated a HELOC while they were under contract on the new home. It gave them access to their equity, allowed them to make their down payment, and kept everything on track to close on time!

To the buyer and the real estate agents, it looked like a smooth transaction.

Behind the scenes, it took weeks of coordinating with multiple lenders, title, and underwriting to make sure every piece lined up.

That's the part of the job most people never see.

A mortgage broker isn't just there to find an interest rate. My job is to find solutions when a transaction gets complicated and keep it moving toward the closing table.

Every file is different. The goal is always the same: solve the problems before they become your problems.

Thinking about buying your next home but not sure how to access your equity?

Send me a message and we'll chat📱

08/04/2026

Congratulations! Your offer was accepted! Now what? 🏡

A typical contract is 30 days from contract to closing. Every transaction is different, but most loans follow these key milestones:

Days 1–3: Loan Application
• Update any changes since your pre-approval
• Provide updated documents
• Discuss interest rate lock options
• Sign your initial loan disclosures

Days 3–7: Processing
• Your lender prepares the loan for underwriting
• Employment and asset verifications are completed
• Gift funds are documented (if applicable)
• The appraisal is ordered after the inspection
• Most buyers complete their home inspection during this time

Days 8–15: Underwriting
• The underwriter reviews your income, assets, credit, and the specific property
• A conditional loan approval is issued

Days 16–24: Final Approval
• Provide documentation to satisfy underwriting "conditions"
• The underwriter then issues a Clear to Close
• You'll review and sign your Closing Disclosure and final cash-to-close numbers

Days 25–30: Closing Day
• Complete your final walk-through, usually the day before or the day of closing
• Sign your closing documents (appointments typically take about an hour)
• Once the loan funds and records, you'll receive the keys to your new home!

A thorough pre-approval upfront helps eliminate surprises and keeps your transaction moving smoothly toward closing.

Do you want a premier mortgage experience? Send me a message and let's get started.

07/28/2026

Buying a condo after August 3rd❓ Pay attention👀

Fannie Mae and Freddie Mac are making big changes to condo mortgages.

Here's what's changing:

✅ Limited Reviews are going away.
Every eligible condo loan will now require a Full Review

That means lenders will be reviewing these items on all loans:

• HOA financials
• Reserve funding
• Insurance coverage
• Litigation
• Deferred maintenance
• Budget documentation

The result?

• More paperwork
• Longer approval timelines
• Some condo projects that previously qualified may no longer qualify for conventional financing.

If you're considering a condo purchase, let's review the project before you're under contract. It can save time, money, and some heartache.

07/24/2026

Don't Kill Your Mortgage Approval🚫

Buying a home isn't just about getting pre-approved. It's about making it all the way to the closing table.

Here are the most common reasons a mortgage loan gets delayed or falls through besides Inspection or Appraisal.

• Changing jobs during the loan process - Working fewer hours, or making less bonus/commision than before.
• Taking on new debt - Just because the lender has checked credit already, beware because they will check it again before closing.
• Delaying requested documents - I know underwriting requires a TON of documentation and some of it seems trivial. However, if the lender is asking for it, they HAVE to have it.
• Large unexplained cash deposits - Payroll deposits can be tracked, but cash cannot.
• Changes to your credit before closing - Like taking on new debt, don't pay your bills late during the process, which could impact your credit score and therefore loan approval.

The good news? Most of these are completely avoidable with good, honest communication with your lender.

My goal is to identify potential issues early so there are no surprises before closing. I tell my clients to look at me like their attorney: what you tell me won't hurt you, but what you don't tell me could.

If you're planning to buy a home, or you're already under contract and have questions, send me a message. Let's make sure you make it to the closing table.

06/26/2026

Fridays are for closings🎉

Today brought two successful closings, and while these photos show the final signatures, they don't show everything that happened behind the scenes to get here.

One transaction, in particular, had a lot of moving parts. We carefully coordinated asset income, navigated the specific lender requirements, and even completed a HELOC during the contract period, so everything lined up for closing day.

That's one of the things I enjoy most about being a mortgage broker. Every client has a different financial picture, and it isn't just a rate quote.

The goal is always the same: anticipate challenges, solve problems early, communicate throughout the process, and get everyone to the closing table on time.

Congratulations to both of my clients, and thank you for trusting me to be part of your homeownership journey!

If you're wondering whether your situation is too complicated to buy, refinance, or leverage your home's equity, let's talk. There's often a solution with the right plan.

06/25/2026

📈 If you think the Federal Reserve controls mortgage rates...you're not alone. But that's not actually how it works. 👇

This is a common question with a not-so-simple answer.

Mortgage rates don't move solely because of what the Federal Reserve does....

In fact, the Fed left its benchmark rate unchanged, but mortgage rates increased because investors expect:
✅ Stronger economic growth
✅ Inflation to remain elevated
✅ Higher Treasury yields
✅ Continued uncertainty in the financial markets

Mortgage rates are driven primarily by the bond market, not directly by the Fed.

If you're waiting for the "perfect" rate before buying or refinancing, remember this:

🏡 Your personal rate depends on much more than the headlines. Plus, it's almost impossible to time the bottom or top of the market

Your credit score, down payment, loan type, occupancy, debt-to-income ratio, and market conditions all play a role.

If you've been wondering whether now is a good time to buy, or refinance, let's talk. With seller concessions, temporary buydowns, and reduced prices, buyers are in the driver's seat. We'll discuss what the current market means for your situation and if it makes sense to buy.

📩 DM or send me a message anytime

06/16/2026

🏡Can I buy a $600,000 home?

I get this question often, or something similar.

Maybe you're currently living in a condo or townhouse and are ready for more space. Maybe you're a first-time buyer who's tired of renting and wants a place of your own. Or maybe you're simply wondering what a $600,000 home actually costs each month.

The truth is that qualifying for a home isn't based on the purchase price alone. Lenders look at several factors, including:

✅ Household income
✅ Current debts and liabilities
✅ Credit score
✅ Down payment amount
✅ Loan program

At today's example rate of 6.25% (6.44% APR), the estimated principal and interest payment on a $600,000 home would be approximately:
(These figures include principal and interest only and do not include property taxes, homeowners' insurance, HOA dues, or mortgage insurance )

🏠 5% Down ($30,000) → $3,509/month
🏠 10% Down ($60,000) → $3,324/month
🏠 20% Down ($120,000) → $2,956/month

In many markets, you'll also need to budget for:

✅ Property Taxes: $200–$500/month
✅ Homeowners Insurance: $200–$500/month
✅ HOA Dues (if applicable): $25–$75/month
✅ Mortgage Insurance (with less than 20% down): $90–$225/month

As a general example, using a 45% debt-to-income ratio and assuming little to no other monthly debt, a household income of approximately $110,000 per year is needed to support a payment in this range.

However, everyone's situation is different, and your qualifying amount could be higher or lower depending on your credit profile, assets, and existing obligations.

Want to know what home price fits comfortably within your budget?🤔

Send me a message, and I'll put together a personalized payment breakdown based on your goals and financial situation 💪🏼

06/11/2026

🚨 BIG CREDIT SCORE UPDATE FOR HOMEBUYERS 🚨

We have officially expanded the option to use VantageScore 4.0 for both Conventional and VA mortgage loans.

Why does this matter?

Most mortgage approvals have traditionally relied on FICO scores. VantageScore 4.0 evaluates credit differently and may show more favorable scores for borrowers who don't fit neatly into traditional scoring models.

Benefits include:

✅ Consideration of rent payment history

✅ Consideration of utility payment trends

✅ A broader view of credit behavior

✅ Potentially reaching millions of consumers who may not score as well under traditional FICO models

✅ Available on VA loans with no LTV restrictions

Even better, our partner at Rocket Mortgage automatically reviews both FICO and VantageScore 4.0, and applies whichever model provides the best terms for the borrower.

This doesn't mean everyone will qualify, but it creates additional paths to homeownership for many buyers who may have previously been overlooked.

If you've been turned down in the past or think your credit score is holding you back, it may be worth taking another look.

📩 Send me a message and let's discuss your options

06/05/2026

⭐5-star Friday⭐

The best compliment I can receive is when clients come back again and again.💯

"Helpful in the last 3 of our moves."

"Always upfront and proactive."

Whether you're buying your first home, moving up, refinancing, or investing, my goal is simple:

✅ Clear communication
✅ Honest advice
✅ Fast responses
✅ A smooth closing process

Thank you to all of my clients who trust me with one of the biggest financial decisions they'll make.

If you're thinking about buying a home or refinancing this year, I'd be happy to help.

Contact me to get started!📲

Address

8375 Willow Street Suite 300
Lonetree, CO
80124

Opening Hours

Monday	8:30am - 8pm
Tuesday	8:30am - 8pm
Wednesday	8:30am - 8pm
Thursday	8:30am - 8pm
Friday	8:30am - 8pm
Saturday	9am - 6pm
Sunday	9am - 6pm

Telephone

+13035210956

Website

http://Renkenmortgageteam.com/

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