Mortgage Lending

• Buyer has immediate equity in the property.
• Low down payment options available for qualified borrowers.
• No private mortgage insurance is required with a 20% down payment, which is a great advantage.
• Fewer bureaucratic hurdles, making the loans quicker to process.
• No government stipulations and prepayment penalties if you sell or refinance your house

• In-house; non-conforming.
• Financial flexibility
• Single-wide mobile homes
• High debt to income
• Loans that don't fit the VA, FHA, and Conventional guidelines

• Loans in excess of $647,200
• Conventional lenders typically insist that the borrower put down more than 20% on a JUMBO loan.
• Interest rates on JUMBO loans traditionally run higher than Conforming loans.

FHA Loans

• Low down payments (as low as 3.5% of the purchase price).
• Great rates
• Easier credit qualifying
• 100% gift funds acceptable for down payment and closing costs.
• Flexible qualification guidelines.
• El Paso County - less than $420,680.
• Fremont County - less than $460,000.
• For other counties in Colorado - please call us!

• 2% guarantee fee may be included in financing.
• Competitive interest rates.
• Lender fees and closing costs (including prepaid funds) may be contributed by the seller or may be eligible to include in the loan, depending on the appraised value.
• Gifts or grants permitted from family, friends, and non-profits agencies.

• 100% Financing & No Down Payment Options
• Competitively low VA loan interest rates
• Seller can pay off your debts to qualify
• No cash reserves required
• VA funding can be financed
• More leniency on derogatory credit
• No monthly mortgage insurance
• Maximum loan amount equal to the conforming loan limit

• Signed Loan Application and Full Disclosures
• Previous Two Years W-2's & Full Tax Returns (All Schedules) Most Recent 30-Days' Pay Stubs or Proof of Any Income
• 2 Most Recent, Consecutive Months Bank Statements
• Homeowner's Insurance Information
  • Agent's Name, Phone Number, Address and E-Mail
  • Declaration Page
  • Quote if Not Purchased
  • Policy Number & Full Policy if Available Purchase Contract
• Copy of Driver's License
• Current Mortgage Statement
• Copy of Earnest Check (Purchase Only)

• Previous Two Years Business Tax Returns
• Year-To-Date Profit & Loss Statement for Current Year
• Business Licenses and Information for Corporate Entity

• Copy of Settlement Statement for Current Property if Sold or to be Sold
• Form DD214/LES and VA Certificate or Eligibility Form (VA Loans Only)
• Proof Student Loans are in Deferment
• Document Stating Retirement/Annuity Income will continue for at Least 3 Years
• Signed Gift Letter by Gift Give, Copy of Gift Check, Copy of Giver's Bank Statement Showing Available Funds
• Bankruptcy Discharge/Dismissal Papers (If Applicable)
• Divorce Decree (If Applicable)