Already own your home? Refinance to lower your payment, drop PMI, or tap into your equity. We also support reverse mortgage solutions for eligible homeowners.
How much do I need for a down payment in Colorado?
You may be able to buy a home in Colorado with as little as 3% down using a conventional loan—or even 0% down with VA or USDA loans. There are also down payment assistance programs available statewide to help first-time and repeat buyers.
What credit score do I need to buy a home?
In Colorado, most lenders prefer a score of 620 or higher, but some FHA programs accept scores as low as 580 with a higher down payment. We’ll help you find the best fit based on your unique financial situation.
How much can I afford to borrow?
Your buying power depends on your income, debts, credit, and current interest rates. We can provide a quick pre-qualification and help you estimate your monthly payment before you start shopping.
Are there special programs for first-time buyers?
Yes! Colorado offers CHFA programs that include down payment assistance, lower interest rates, and education classes—making homeownership more accessible, especially in high-cost areas like Denver, Boulder, and Colorado Springs.
How long does the loan process take?
Typically, 30 days or less from contract to closing. Pre-approval upfront helps speed things along, and our local Colorado team keeps things moving smoothly.
Yes, especially in a fast-moving market like Colorado. It gives you more flexibility and negotiating power when buying your next home.
Will buyers have trouble qualifying in today’s market?
Not necessarily. Interest rates fluctuate, but strong demand and creative loan programs (like 2/1 buydowns) are helping buyers afford more—even in competitive areas like the Front Range.
What happens if my buyer’s financing falls through?
We always recommend working with locally based lenders who understand Colorado contracts and timelines. Our team also reviews buyers’ pre-approvals to help reduce surprises.
Can I use my home equity to buy before I sell?
Yes! Through bridge loans or a home equity line of credit (HELOC), you may be able to tap into your equity for a down payment without having to sell first.
How do rising rates affect my ability to sell?
Higher rates may slightly reduce buyer demand, but Colorado’s strong job market and population growth still support a healthy housing market. Pricing and presentation are key.
Even if rates are higher than a couple of years ago, refinancing can still make sense if you’re consolidating debt, removing mortgage insurance, switching to a shorter term, or pulling cash out.
Can I refinance if my home value has increased?
Absolutely. Colorado homes have seen solid appreciation, and increased equity can help you drop PMI, access cash, or qualify for better terms.
What’s the difference between a rate-and-term and a cash-out refinance?
A rate-and-term refi lowers your payment or shortens your term. A cash-out refinance gives you a lump sum using your home’s equity—common in Colorado for home improvements or paying off debt.
Can I refinance if I’ve had a recent financial hardship?
Possibly. FHA and VA refinance programs often have more flexible guidelines, and we work with lenders that offer options for homeowners overcoming temporary setbacks.
How long does refinancing take in Colorado?
Typically 3 to 4 weeks, depending on the complexity of the loan and the lender. Our local processing helps avoid delays, and we’ll guide you through every step.
