Denver Colorado Mortgage Lender
Home Loans In Denver, Colorado
The Mile High City of Denver needs no lengthy introduction. Situated one mile above sea level, the city boasts world-class cultural attractions, thriving outdoor adventures, and diverse residential communities.
In the wake of the global COVID disruptions, Denver’s housing market is expected to return to pre-pandemic times slowly. If you’ve wanted to buy a home in Denver, now is the time to start looking into mortgage loan options.
At Capital Home Mortgage, we provide a variety of home loan programs directly to potential homebuyers. No middle man, no unnecessary third parties. Let’s walk you through some of our mortgage products so you can better which option best suits your home financing needs.
3 Most Popular Denver Mortgage Products
Conventional Loans
A Conventional loan is a mortgage product that is without government backing. This presents an increased risk exposure for lenders, so the qualification requirements for conventional loans are generally stricter.
At a minimum, your credit score should be 620 to qualify for a conventional loan. Your credit report must also be clean. The down payment requirement is set at a meager 3 – 5%, but anything lower than 20% down payment will incur private mortgage insurance premiums.
This type of home loan is ideal for Americans with high monthly incomes and good credit history. If you’re making more than the median income in your area, you can earn a high monthly income.
Jumbo Loans
Conventional loans are subject to limits set by the Federal Housing Finance Agency. This means homebuyers cannot use them to finance luxury properties or real estate in high-end cities. For this type of home financing, you need a Jumbo loan.
As you can imagine, the eligibility requirements for Jumbo home loans are a lot more stringent. For one, borrowers must have a credit score of 700 and up. You must also be a high-income earner with a decent asset collection.
FHA Loans
An FHA loan is a government-insured home loan program that aims to help Americans with low income and low credit scores.
First-time homebuyers typically go for FHA loans because they have less stringent requirements than conventional loans. In most cases, first-time homebuyers may not yet have a stellar credit score or enough savings for a sizable down payment. To that end, FHA loans can accept credit scores as low as 500, provided the borrower can pay a down payment of at least 10%.
Rates on FHA loans can also be competitive, but it will depend on several other factors like the prevailing rate, income level, credit score, loan amount, and loan term. We also offer other government-insured loans like VA, USDA, and HUD 184.
Denver, Colorado Mortgage Lender
As direct mortgage lenders in Denver, Capital Home Mortgage handles all applications and funds all mortgages from our coffers. As part of our commitment to ensuring an enjoyable home buying experience, we offer competitive interests, low processing fees, and convenient underwriting policies for faster proper approvals.
Get A Home Loan In Denver Now
Get in touch with our Denver loan officers to find the right home loan program for you. Call us at (303) 226-1177 to get started with a free no-obligation quote on your loan. We look forward to providing your next home loan in Denver.
Why Denver is Choosing Capital Home Mortgage...
Close On Time with True Approval
Control of the Loan from the Application to Funding.
Great Denver Rates / Low Fees
Direct Mortgage Lender Providing Competitive Rates and Low Fees.
Denver Customer Service
7 Day a Week Support from Application to Final Mortgage Payment.
Denver Mortgage Rates
Capital Home Mortgage Denver is dedicated to offering Great Denver Mortgage Rates.
Call now to speak with a Loan Officer or request a no obligation custom rate quote.
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 the mortgage Securities
- Property securing the mortgage
- occupancy of the property
- Loan to value of the property
- Borrower’s credit worthiness
Denver Colorado Mortgage Loans
Denver Home Purchases
Buying a Denver Home?
- Primary, 2nd, Investment
- Low Rates & Low Fees
- Conventional, FHA, VA, USDA
- Jumbo, Reno, Manufactured
Denver Renovation Home Loans
Denver Rehab Loans
- Remodel, Renovate, Repair
- FHA 203K Streamline or Full
- Fannie Mae Homestyle Reno
- Freddie Mac Choice Reno
Denver FHA Home Loans
1st Time Denver Homebuyers
- Smaller Down Payment
- Flexible Underwriting
- Higher Debt to Income Ratios
- Lower Credit Scores Allowed
Denver VA Home Loans
100% Loans for Denver Veterans
- Simply Qualifying
- No Down Payments
- Lower Credit Scores Allowed
- Manual Underwriting Allowed
Denver Conventional Home Loans
Flexibility for Denver Buyers
- Primary, 2nd, Investment
- Great Rates & Low Fees
- Single and Multi-Family
- Renovation Loan Programs
Denver Jumbo Home Loans
Great Denver Rates
- Primary & 2nd Homes
- Higher Amounts – 3 Million
- Great Interest Rates
- Investor Specific Guidelines
Denver USDA Home Loans
Denver Rural Properties
- Rural Properties Only
- Primary Residence Only
- New Manufactured Homes
- Closing Costs Can Be Rolled In
Denver Native American Loans
Denver HUD 184 Loans
- Primary Residence Only
- Manual Underwrite All Loans
- No Credit Score Requirements
- Tribal Grants Allowed
Denver Manufactured Home Loans
Denver Mobile Home Loans
- Purchase or Refinance
- New Home Purchase
- OTC Combo Land & Home
- FHA, VA, USDA, & HUD 184
Denver Reverse Mortgages
Your Denver Home at Work
- Primary Residence Only
- Simple Qualifying
- Credit Scores Not Applicable
- Minimum Age 62
Denver Cash Out Mortgage Refinance
Denver Equity Refinance
- Reduce Mortgage Term
- Lower Monthly Payments
- Appraisal Waivers
- Streamline Options Available
Denver Mortgage Refinance
Denver Rate & Term Refinance
- Purchase, Refi & Cash-out
- Primary, 2nd & Investment
- Full Doc & Alt Doc Programs
- Corporations OK