Making dreams come true with as little as 0-3% down mortgages!

We do not think that saving for a large down payment should be the reason you put your dreams on hold. For the majority we can help you buy your dream home with as little as 3% down with a Conventional Loan. The 3% down can come from your funds, retirement plan, or even a gift from a relative (certain restrictions can apply). You will not only be able to afford a home sooner, you will probably be able to afford more home. FHA offers programs requiring a minimum of 3.5% down with more flexible guidelines and lower credit score requirements than those of conventional loans. With either of these loans the amount of loan you can qualify for is determined by your ability to make your monthly payments rather than how large a down payment you have saved. For most buyers, this means qualifying for a larger loan.

First time homebuyers can get improved rates as long as your income is less than 100% of the area median income or 120% of the area median income in high-cost areas. This could amount to a rate close to .25% lower. The area median income varies from county to county. To see if you qualify for better rates give us a call or click HERE and fill in your details. Make sure to note you are a first time homebuyer (defined as someone who has not owned a home in the past three (3) years and what your annual base income is in the "Comments, Questions..." section.

Rent Rewards

Get a $600.00 credit toward your closing costs for Home Buyers who can document a 12-month rental history through a Verification of Rent, cancelled checks, or bank statements. This applies to Conventional, FHA, and VA Loans.

Grant Program: 

You may qualify to put as little as 1% down and get a 2% non-repayable grant for the remainder of the down payment required. Certain restrictions apply so call or give us your details by clicking HERE.

No Down Payment Programs:

The Veterans Administration (VA) offers 0 down for our eligible military personnel. Most members of the military, including reservists as well as spouses of personnel who died while on active duty are eligible for this program.

USDA offers 0 down for properties that are considered rural by the US Department of Agriculture. Interestingly enough some of these properties can be found just outside of the Denver Metro area. If you'd like our help in locating these properties we are just a phone call away.

Down Payment Assistance to Purchase with an FHA Loan. 

First mortgage up to 96.50% and then we have a second mortgage to cover the additional 3.50% meaning that you would have no down payment. There are some limitations to this competitive program but it  still has some very favorable terms.

Lower Your Rate Programs:

Interest rates are top of mind right now so a buyer can take advantage of a temporary rate reduction  through a "3-2-1 Buydown" for our 30-year conventional fixed rate programs. The rate is 3% below the contract rate for the first year, 2% below the contract rate for the second year, and 1% below the contract rate for the third year! The lower rate equals a lower monthly payment! We also have a "2-1 Buydown" and a "1-0 Buydown". These are normally funded through a seller concession.

 Buying a home is something we all dream about, usually for years. Let us help you explore all your mortgage options. Start with our no-cost limited information "Quick Quote"  or give us a call today at (303) 650-9400!