Ben Yost
Meet Ben!
Get to know Ben Yost - 303-587-4297 I'm Ben, and I'm Here To Help You've heard the horror stories...how hard it is to qualify, the mounds of paperwork you have to provide, the difficulties and delays. Not to mention the fighting, shopping, and haggling to get a good rate. I've got great news... I'm here to solve that for you. Go ahead and Call Me and I'll give you the inside scoop to make qualifying for a great low rate mortgage EASY. Yes, I really did say easy. When you're ready, the next step in getting a low rate mortgage made easy is to contact me so we can review your unique situation and make sure that you get a low rate mortgage without the stress and hassle that's normally associated with it. It's easy to reach me - feel free to call me direct or if you prefer you can email me. Either way I'm here to make the experience of getting a mortgage a good one for you. Whether you need the mortgage to buy a home, or are looking to refinance for a better rate or some cash out of your property, I can help. I look forward to hearing from you. 12-30-2022 Ben Yost and Team were on it! He gets things done!! This was my first home buying experience and he explained the whole process to me and my wife which put us at ease. We got a great rate! Every time I called, he answered and helped us dot every “i” and cross every “t”. Ben is the man!!! Highly recommend the Team at Loan Depot John 11-22-2022 Ben was very easy to work with and that's coming from a very detail oriented couple!! He took away all of the stress during our entire home buying process. He communicated with us every step of the way and answered all of our questions very quickly and efficiently. We definitely wouldn't hesitate at all to use him again and again. We can't thank him enough for our VA loan and great rate!! Daniel and Melissa SPECIALTIES AND INTERESTS Helping first-time homebuyers negotiate the process Deep knowledge of the ever-changing mortgage industry FHA; VA; Conventional; DPA programs; CHFA; MMA; Renovation Loans and Jumbo Loans ACCREDITATIONS & AWARDS: Seven-year Five Star Mortgage Professional CMP - Certified Mortgage Professional Veteran Mortgage Advisor
Serving Homebuyers In:
- Colorado
Mortgage Calculators
Monthly Payment
Find your monthly payment
What does a monthly mortgage payment look like for you? Get an estimate with some basic information.
Estimated Monthly Payment
The UMortgage mortgage calculators are for estimation purposes only. This is not a commitment to lend. For an exact quote based on your individual financial circumstances, please contact me.
Affordability
What is your budget?
Curious about how much you can afford to spend on a home? Use our calculator to get an estimate on your maximum budget.
Maximum Home Price
Maximum Monthly Payment
The UMortgage mortgage calculators are for estimation purposes only. This is not a commitment to lend. For an exact quote based on your individual financial circumstances, please contact me.
Refinance
Should you Refinance?
Refinancing might save money on your monthly mortgage payments, putting cash in your pocket. With some basic information from you, we can help decide if this is a good path for you.
Monthly Savings
Total Savings
The UMortgage mortgage calculators are for estimation purposes only. This is not a commitment to lend. For an exact quote based on your individual financial circumstances, please contact me.
VA Entitlement & Payments
Discover Your Buying Power With Our VA Home Loan Calculator!
If you are a veteran, an active-duty member of the military, or the spouse of a current or former military member, you are eligible to purchase a home with your VA home loan benefit! By using the calculator below, you can get a glimpse into your buying power and the estimated monthly payment of your VA loan as you start planning your homebuying journey.
Estimated Monthly Payment
Required Down Payment
Limit
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Entitlement Used
$0
Available Entitlement
$0
No Limit
How is my monthly payment calculated?
The UMortgage mortgage calculators are for estimation purposes only. This is not a commitment to lend. For an exact quote based on your individual financial circumstances, please contact me.
Your Mortgage Questions, Answered!
How to Navigate My Refinance Calculator
Refinancing your home can be a smart financial decision, but it’s important to understand how it could impact your mortgage payments. UMortgage’s Refinance Calculator is a helpful tool that gives you an estimate of your potential savings or costs when refinancing your mortgage. Before you start plugging your information into our refinance calculator, let’s get you up to speed on the finer details of refinancing and the use cases for each section of our calculator. You can check out this refinancing guide for a high-level overview of what a refinance is, what your options are, and what fees you will see before you close. After you’re up to speed on refinances, below is our guide explaining how to use the calculator and what each section means. Step 1: Decide What Kind of Refinance You Want There are many different reasons to refinance your mortgage. The most common reason is to lower your monthly mortgage payment if interest rates have gone at least 0.5% lower than the rate on your original mortgage or lower your total cost owed on the loan with either a lower interest rate or a shorter loan term. Additionally, as you pay your monthly mortgage payment, you’re naturally earning equity over time. With a cash-out refinance, you can take some of that equity and put it back in your pocket to use however you wish. This route is most common for homeowners who want to consolidate other debts or utilize the funds for various high-cost expenses like home renovations. The type of refinance that you choose will impact things like your monthly mortgage payment, the total amount owed on your new mortgage, and/or the length of time that you have to pay your new mortgage. Step 2: Enter Your Original Loan Details The first section of the calculator requires information about your current mortgage. You’ll need to enter the following details: Original Loan Amount: The total amount you borrowed when you first took out the mortgage. Loan Term: The original length of your loan, typically 15 or 30 years. Interest Rate: The interest rate of your current mortgage. Year of Origin: The year when you took out your original mortgage. These details help the calculator understand the structure of your current mortgage and estimate your remaining balance. Step 3: Enter Your Desired Refi Details In the second section, you’ll be asked to input details about the refinance that you’re considering. A few of these details are automatically populated, but the bullet points below quickly outline the areas that you can customize and what to consider when you enter figures into these boxes. New Loan Term: The length of time you’d like for the refinanced mortgage (e.g., 15 years, 30 years). A longer loan term will accrue more interest owed on the loan over time but will lower the amount owed each month. Inversely, a shorter loan term means you pay less interest over the life of the loan but have a higher monthly payment. Cash-Out Amount: If you’d like to take out equity from your home during the refinance, enter the amount here. Cash-out refinances allow you to pocket some of the equity you’ve built up over the years to put towards things like home renovations or debt consolidation. Three of the boxes in the “Refinanced Mortgage” section will vary based on current economic conditions or the information input in the “Original Mortgage” section. First is your refinanced mortgage loan amount. This figure is an estimate that's automatically calculated by the details in the “Original Mortgage” table above. If you know your exact loan balance, click the “Custom Loan Amount” switch at the bottom of the calculator and fill it in this box for a more accurate estimate. The refinanced interest rate will automatically populate based on today's rates and is subject to change depending on your credit score and other factors. Closing costs are also auto-populated based on your loan amount. Closing costs typically range between 2-6% of your total loan amount. How to Read Your Results Once you’ve entered both your original mortgage details and your desired refinance terms, the calculator will provide you with an estimate of your refinanced mortgage. The table on the right side of the page will outline your potential monthly savings and your total savings across the refinanced loan term. Beneath those figures, you can see a breakdown of your principal (outstanding balance of your loan, not including interest), interest (the amount owed to the lender for the use of borrowed money), and your total cash savings which adds up the combined principal and interest owed across the life of the loan. It is important to note that this calculator exists to provide you with a rough estimate of your refinance. Factors such as interest rate and closing costs can vary, so for a more accurate look at what a refinance might look like for you, reach out to your UMortgage Loan Originator. Ready to Learn More? The Refinance Calculator is a great starting point to explore your refinancing options, but it’s not the final word. Reach out to your UMortgage Loan Originator today to get a personalized quote that fits your unique situation and financial goals.
Housing Market Update | Week of September 2nd
I hope you had a great Labor Day weekend! Rates are lower to start the week after the markets were closed yesterday, and we have our biggest week for economic data coming up ahead of the September 18 Federal Reserve Meeting. It’s appropriate that we have some pivotal labor data coming down the pike after Labor Day with 4 reports coming in the next 3 days. The Fed is cutting rates on September 18, but it’s now a matter of whether we’ll see a 25bps or 50bps cut. Continued weakness in the labor economy would likely steer us toward the latter. As you know, social media is an excellent way to generate organic leads and grow your business. But with algorithms changing rapidly, it's time to rethink everything you know about social media. On Monday, September 21st, we're hosting a free virtual training session to help you transform your approach to social media and connect more closely with your audience. You can register here to save your spot! Last Week's Mortgage Rate Recap Rates Continued to Drop We saw rates continue to trickle lower last week as the markets digested Jerome Powell’s speech at the Federal Reserve’s Jackson Hole Economic Symposium. While this continued drop is catalyzed by the expectations of a rate cut coming later this month, healthier spreads between 30-year mortgage rates and the 10-year Treasury Securities Yield have enabled rates to drop below 7%. This Week's Mortgage Rate Forecast Rates Will Move This week will give us our biggest pieces of economic data ahead of the September Fed Meeting. Starting tomorrow, we will get the Job Openings and Labor Turnover Survey (JOLTS). Thursday will provide us with the ADP Employment report & initial jobless claims, and Friday will cap off a big week with the BLS Jobs Report. With a rate cut all but confirmed, it’s now a matter of how many basis points are cut. Inflation is heading lower, so the last domino to fall will be continued weakness in the labor market. If the unemployment rate rises this week, it’ll greatly increase the odds of a 50bps cut later this month and subsequently make rates drop faster this week. Once again, it's time for us to rethink our approach to social media. We're hosting a free training session on September 21st that will give you tools and tips to transform your use of social media. Register here to save your spot!
3 Reasons to Refinance Your Home Loan
Refinancing your mortgage can be a strategic financial move that offers several benefits to homeowners. Whether you're looking to save money, access the equity you've built, or switch mortgage types for more stability, refinancing can be the key to achieving your financial goals. By securing a lower interest rate, you can reduce your monthly payments and save thousands over the life of your loan. Additionally, tapping into your home's equity through refinancing can provide the funds needed for home improvements, debt consolidation, or investment opportunities. Finally, switching from an adjustable-rate mortgage to a fixed-rate mortgage can offer peace of mind with stable monthly payments. Let's explore these three compelling reasons to consider refinancing your mortgage in more detail. Lower Your Monthly Payments One of the most appealing reasons to refinance is the potential to lower your monthly mortgage payments. If you purchased your home in the last few years, there's a chance that interest rates have decreased since then. By refinancing at a lower rate, you can significantly reduce your monthly payment, freeing up cash for other expenses or savings. This reduction not only makes your monthly budget more manageable but also allows you to allocate funds towards other financial goals, such as retirement savings, education funds, or emergency reserves. Over the long term, the savings from a lower interest rate can add up to thousands of dollars, making refinancing a smart financial decision. Access Your Home's Equity Your home is not just a place to live; it's also a valuable financial asset. Over time, as you pay down your mortgage and property values increase, you build equity in your home. Refinancing offers a way to tap into this equity, providing you with a lump sum of cash that can be used for various purposes. Whether you're planning a major home renovation, looking to consolidate high-interest debt, or considering an investment in another property, a cash-out refinance can provide the necessary funds. This approach can be more cost-effective than other borrowing options, as mortgage interest rates are typically lower than those for personal loans or credit cards. Switch Mortgage Types When interest rates were high, many borrowers opted for Adjustable-Rate Mortgages (ARMs) to take advantage of lower initial rates. However, as the introductory period ends, these rates can increase, leading to higher monthly payments. Refinancing provides an opportunity to switch from an ARM to a fixed-rate mortgage, offering stability and predictability. With a fixed-rate mortgage, your interest rate remains constant throughout the life of the loan, protecting you from potential rate hikes and ensuring consistent monthly payments. This stability can be especially valuable in uncertain economic times, allowing you to plan your finances with confidence and avoid unexpected increases in your housing costs. If you're considering refinancing, now is an excellent time to explore your options. Even if you're not ready to refinance immediately, connecting with a Loan Originator can help you understand the potential benefits and determine the best strategy for your financial situation.
Serving Homebuyers In:
- Colorado