Programs

HOMEBUYER PROGRAMS

CONVENTIONAL w/ 3 & 5% Down Payment

  • Typically for high credit score borrowers(700+)
  • Mortgage insurance often less than FHA
  • Aggressive rates
  • Potential appraisal waiver
  • Learn more…

CONVENTIONAL HOMEREADY | HOME POSSIBLE

  • 3% down payment allowed
  • Lower rates than regular conventional
  • Reduced mortgage insurance
  • Great alternative to FHA
  • Income limits apply
  • Learn more…

FHA

  • 3.5% down payment required
  • 30/15 year fixed
  • Typically works well for credit scores under 700
  • Minimum 580 credit score
  • Flexible underwriting guidelines
  • Learn more…

FHA w/Down Payment Assistance

  • As little as $1,000 down payment
  • 30/15 year fixed
  • Income limits apply
  • Typically minimum 620 credit score
  • Flexible underwriting guidelines
  • Higher interest rates than conventional or FHA
  • Learn more…

USDA GUARANTEED RURAL

  • Zero down 100% financing
  • Limited to qualified rural areas
  • Credit score down to 620
  • Very competitive rates
  • Reduced monthly and upfront mortgage insurance
  • Learn more…

VA MILITARY

  • Zero down 100% financing
  • Very aggressive rates
  • No monthly mortgage insurance
  • Minimum 580 credit score
  • Flexible underwriting guidelines
  • Learn more…

 

REFINANCE PROGRAMS

CONVENTIONAL Rate Reduction/Term Change

  • Refinance into a 15/10 year loan or reduce your interest rate.
  • Remove mortgage insurance
  • Up to 97% Loan to Value
  • Up to $2,000 cash back
  • Skip two monthly payments(included in payoff)
  • Potential appraisal waiver
  • Learn more…

CONVENTIONAL CASH-OUT

  • Pull cash out up to 80% of your home’s value
  • No mortgage insurance
  • Pay off debt or get cash back
  • Potential appraisal waiver
  • Learn more…

Colorado residential mortgage programs

FHA STREAMLINE

  • FHA to FHA refinance
  • Purpose is to lower interest rate/monthly payment
  • No income verification(must verify employment)
  • No appraisal
  • Learn more…

FHA CASH-OUT

  • Pull cash out up to 80% of your home’s value
  • Down to 580 credit score
  • Pay off debt or get cash back
  • Appraisal required
  • Learn more…

VA MILLITARY IRRRL (Streamline)

  • Purpose is to lower interest rate/lower monthly payment
  • No monthly mortgage insurance
  • No income verification(must verify employment)
  • No appraisal
  • Learn more…

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