Capital Home Mortgage Colorado Springs

Colorado Springs Non Qualified Mortgages

Non Qualified Mortgage Lender Colorado Springs Colorado

Non-Qualified Mortgage Loans Colorado Springs

A house loan that is excluded from the Consumer Financial Protection Bureau’s (CFPB) agency-standard documentation standards is referred to as a non-qualified mortgage, or non-QM. Non-QM loans could include mortgages with maturities greater than 30 years. It is designed to aid homeowners who require assistance and cannot meet the strict requirements of a qualifying mortgage.

Borrowers can use unconventional methods of proving their income while applying for a non-qualified mortgage, which may help them get approved for a house loan. Borrowers with especially unusual income qualification circumstances may be eligible for these loans.

For new house purchases, refinances, investment properties, or second homes, a Non-QM loan may be used.

Who is Eligible for a Non-QM Loan?

For borrowers who can afford a mortgage but have a special financial situation that makes getting a qualifying mortgage difficult, a non-QM loan may make homeownership attainable.

Non-QM loans cover the gap for independent contractors with low average incomes or those who have had difficulty obtaining a qualifying mortgage loan due to credit issues. Non-QM loans include underwriting standards that enable the lender to see your financial history in its entirety. This gives the lender the opportunity to assess a borrower’s capacity to repay a loan from a little different angle than usual.

For the following people, a non-qm is advantageous:

People who are self-employed, foreign nationals, real estate investors, borrowers with significant assets, and borrowers with low credit scores.
Benefits of Non-QM Loans
if borrowers don’t otherwise qualify, assist them in getting a mortgage;
Give more lenient conditions;
Use other forms of proof of income, such bank statements.
Benefits of a Non-QM Loan
Increased interest rate; Significant down payment; Limited supply.

Compared to typical mortgages, non-QM loans are more expensive both up front and over the course of the loan. You will probably have greater closing costs and a considerably higher interest rate than with a traditional mortgage because of the added cost of points and fees that usually go along with a non-QM mortgage.

Apply for a Non-QM Loan in Aurora

By helping you establish your goals, a Capital Home Mortgage Colorado loan officer can help you decide which of our non-QM mortgage solutions may be best for your unique financial situation. To begin, dial (303) 226-1177 right away.

Why Colorado Springs Homebuyers are Choosing Capital Home Mortgage
Close On Time

Complete Control from Application to Funding

Low Rates & Low Fees

Direct Lender with Competitive Rates & Low Fees

Exceptional Service

7  Day a Week Support Application to Final Mortgage Payment

Colorado Springs Mortgage Rates

Have you ever wondered why interests rates are what they are and what determines the final rate?  Why borrowers receive different interest rates? Or why rates go up and down?  Interest Rates are calculated using several factors.

  • Demand for mortgage Securities
  • Property securing the mortgage
  • occupancy of the property
  • Loan to value of the property
  • Borrower’s credit worthiness
Colorado Springs Mortgage Programs

Colorado Springs Home Purchase

Thinking of Buying a Colorado Springs Home?

Looking to Purchase a Home? We have the loan program for you… Call today to speak with a loan officer to discuss your personal mortgage options.

  • Primary, Secondary, Investment
  • FHA, VA, USDA, Native American
  • Conventional, Jumbo, Non QM
  • Reverse, Renovation, Manufactured

Colorado Springs renovation home loans

Looking to Rehab a Colorado Springs Home?

Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not look at a renovation loan?  Purchase the Perfect Home and make it your own. Call today.

  • Remodel, Renovate or Repairs
  • FHA 203K Streamline or full
  • fannie mae homestyle reno
  • freddie mac home choice reno

Colorado Springs FHA Home Loans

Great for 1st Time Colorado Springs Homebuyers

FHA Home Loans are great for first time home buyers, buyers with less than perfect credit, or buyers needing less out of pocket.   Call today to get started.

  • Smaller Down Payment
  • Flexible Underwriting
  • Higher Debt to Income Ratios
  • Lower Credit Scores OK

Colorado Springs VA Home Loans

100% Financing for Colorado Springs Veterans

Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.

  • Simply Qualifying for Veterans
  • No Down Payments Requirements
  • Lower Credit Scores Accepted
  • Manual Underwriting Allowed

Colorado Springs Conventional Loans

Flexibility for Colorado Springs Homebuyers

Conventional Home Loans are the best option for flexibility of property types and for mortgage loan terms. Call today to get speak to a Loan Officer.

  • Primary, 2nd Home, Investment
  • Great Rates & Low Fees 
  • Single Family and Multi-Family
  • Renovation Loan Programs

Colorado Springs Jumbo Home Loans

Colorado Springs Non Conforming Loans

Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits.  Call today to speak to a loan officer.

  • Primary Residence and 2nd Homes
  • Higher Loan Amounts – 3 Million
  • Great Interest Rates
  • Investor Specific Guidelines

Colorado Springs USDA Home Loans

100% Rural Colorado Springs Home Loans

USDA Loans are a great option for families wanting to live outside of the city.  Call today to speak with a loan officer to discuss your personal loan options.

  • Rural Properties Only
  • Primary Residence Only
  • Geographic Restrictions
  • Income REstrictions

Colorado Springs Native American Loans

Colorado Springs HUD 184 Home Loans

HUD 184 Home Loans are solely for Native American and offer a variety of benefits.  Call today to speak with a loan officer to find out more.

  • Primary Residence Only
  • Manual Underwriting for All Loans
  • No Credit Score Requirements
  • Tribal Grants Allowed

Colorado Springs Manufactured Loans

Great Alternative Colorado Springs Housing

Colorado Springs reverse mortgages

Your Colorado Springs Home at Work

Reverse Mortgage Loans offer seniors options to use their home’s equity for cash or to eliminate payments. Call today to get speak to a Reverse Loan Officer.

  • primary residence only
  • simple qualifying – equity based
  • credit scores not applicable
  • Minimum age 62

Colorado Springs Non QM Home Loans

Making Colorado Springs Mortgages Possible

Looking for Non Traditional Home Mortgage Loan?  Contact a Loan Officer Today to discuss the alternative mortgage options currently available.

  • Purchase, Rate and Term & Cash-out
  • Primary, Secondary and Investment
  • Full Doc & Bank Statements Programs
  • Corporations OK

Colorado Springs One Time Close Loans

Build Your Colorado Springs Dream Home

Want to Build? But unsure of what the future looks like? Remove the risk with a One Time Close Construction Loan.  Call today to see how a OTC loan works.

  • Primary Residence Only
  • Close Once
  • Lock Rate at Contract
  • Traditional Final Mortgage

Colorado Springs Refinance Mortgages

Colorado Springs Rate & Term Refinance

Refinancing can be a hard decision and the payback can sometimes be confusing.  Call today and let our Loan Officers walk you through the process.

  • Reduce Mortgage Term
  • Lower Monthly Payments
  • Appraisal Waivers
  • Streamline Options Available

Colorado Springs Cash-out mortgages

Colorado Springs Equity Mortgage Loans

Cash-Out Mortgage Loans make use of the equity in your home by allowing you to refinance the current mortgage and access this equity to use as you see fit.

  • Debt Consolidation
  • Investment Opportunities
  • Home Improvement
  • Vacation or Education

Colorado Springs Mortgage Team

Dale Gremillion

Sr Loan Officer
NMLS #210325

Conor Hayhurst

Branch Manager
NMLS #743506

Sam Klaburner

Sr Loan Officer
NMLS #140132

Jordan Mowrey

SR Loan Officer
NMLS 210325

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