Housing Loans & Mortgage Financing Programs in Denver

Housing Loans & Mortgage Financing Programs in Denver

US Mortgages is dedicated to helping borrowers with a diverse range of financial situations. If you have "less than perfect" credit, high loan-to-value (LTV) ratio or high income to debt ratios, US Mortgages in Denver can provide the home buying loan you need! We aim to help borrowers reach their personal and financial goals. Through credit and financial counseling tailored to specialty loan programs, US Mortgages in Denver will enhance your financial position or we will not do the housing loan.

Learn more about the loan programs we offer to Denver and how they work

Both our conventional and government backed housing loans in Denver come in similar packages: 15 Year Loans 20 Year Loans, 25 Year Loans and 30 Year Loans. US Mortgages offers Fixed Rate and Adjustable Rate Mortgages for these term lengths. We also offer Home Affordable Refinance Program (HARP) refinancing to borrowers who qualify for home financing in Denver.

For homeowners whose home's value has fallen since it's purchase, qualifying for traditional refinancing can be a difficult process. The HARP home loan program in Denver was designed to make refinancing easier on Coloradans with LTV greater than 80 percent. HARP loans require no mortgage insurance, which can add up to thousands of dollars to the final cost of your mortgage.

What Denver mortgage loan programs do we offer to people who are self-employed?

People who are self-employed frequently find themselves struggling to find home financing in Denver because of strict documentation requirements from their lender. Not with US Mortgages! To help you and your family pursue your dream of owning a home in Denver, we offer Stated Income Loans Programs and a Bank Statement Program.

Perfect for those with cash on hand, but who may have difficulty proving their annual income, Stated Income Loans offer self-employed entrepreneurs the chance to make a larger down payment rather than verify their income.

Other Denver Home Buying Loan Programs We Offer

US Mortgages in Denver offers housing loans in the form of Down Payment Assistance, or DPA. Many of the government backed home loan programs we offer in Denver, for example, offer down payment assistance. Another home loan program we have is a Home Equity Line of Credit, wherein you can borrow against the equity you already have in your home. Our Equity Lines and Refinancing programs often offer Lump Sum Paid Distribution with minimal penalties as well.

15 Year Fixed Rate Loan

15 Year Fixed Rate Loan

One of the less common mortgage term lengths we offer at US Mortgages in Denver, 15 Year Home Mortgage Loans have terrific benefits but are unlikely to be a plausible option for many hopeful homebuyers.

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20 Year Fixed Rate Loan

20 Year Fixed Rate Loan

A middling loan length, 20-year loans are a great alternative to 15 year loans, 25 year loans and 30 year loans. Infrequently chosen because of their lack of visibility in Denver, Colorado's mortgage market, 20-year mortgage term loan lengths offer many of the same benefits as 15 year loans with more manageable payment sizes. Learn more about the 20-year mortgage rate term loans of Denver below.

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25 Year Fixed Rate Loan

25 Year Fixed Rate Loan

Denver's 25 Year mortgage term length loans are a way to increase financial flexibility while seeking a lower interest rate. With a 25 Year home mortgage in Denver, you can account for any financial breathing room that you may need while being able to afford the home you desire. One way to look at shorter loan term lengths is pouring your family's liquid capital in your home without regard to any emergencies your family might face. Depending on your financial situation, use of the extra cash may more wisely go to pay off higher interest debt.

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30 Year Fixed Rate Loan

30 Year Fixed Rate Loan

The 30 Year Denver Home Mortgage Term Loan is a classic and long-standing mortgage term for home loans. The lower monthly payments associated with this term length allow middle income Denver families to be home owners. Learn more about 30 Year Loans and why they might improve your family's financial standing below.

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Adjustable Rate Mortgage

Adjustable Rate Mortgage

The biggest advantage to ARM rates from US Mortgages in Denver, Colorado is the lower rates and payments early in the loan. This allows borrowers to save more money for any unexpected emergencies that may come their way. It also frees up more cash for borrowers to invest.

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Bank Statement Loan Program

Bank Statement Loan Program

Have you been turned down by other lenders for being self-employed? With US Mortgages, we understand that self-employment is a great way for many people to secure the brightest financial future for themselves and their families. Since we understand the validity of self-employment as a career path, we've started to offer a way for self-employed hopeful homeowners to get approved for mortgages and refinancing with our Bank Statement Loan Program in Denver.

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Down Payment Assistance

Down Payment Assistance

Are you a first time Denver homebuyer looking for down payment assistance? Are you a veteran who qualifies for a no down payment VA Loan? Or are you a different situation that requires home down payment assistance? Learn more about the Denver down payment assistance programs we offer at US Mortgages below.

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Home Equity Line of Credit

Home Equity Line of Credit

There are two different kinds of home equity loans within Denver. They're similarly named but function very differently. There are home equity term loans and home equity lines of credit (HELOC). Home equity term loans is a lump sum loan based on the equity in your Denver home that is to be paid back over a designated amount of time. This contrasts with a home equity line of credit, which functions a little more flexibly.

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Fixed Rate Mortgage

Fixed Rate Mortgage

The interest rates on Denver's fixed loans remain the same over the entire term of the loan. The predictability of these kinds of loans make them attractive to homebuyers. Fixed home loan rates are available in 15 Year, 20 Year, 25 Year and 30 Year mortgages. Learn more about the advantages and drawbacks of fixed home loan rates below.

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Home Affordable Refinance Program

Home Affordable Refinance Program

HARP loans refer to the Home Affordable Refinance Program, administered by the Federal Housing Finance Agency. The HARP program in Denver began in 2009 as a way for people with LTV above 80% to refinance without paying for private mortgage insurance.

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Lump Sum Distribution

Lump Sum Distribution

Little known fact: there are three types of home equity loans. The first is a Home Equity Line of Credit or a HELOC loan. HELOC loans are especially helpful because they provide you access to cash but don't require interest payments until the amount is withdrawn, though the rate is variable. Equity loans have a higher interest rate than HELOC loans but the interest is typically tax deductible on loans up to $100,000. Cash Out Refinancing allows for typically tax deductible interest, lowering the interest rate on your existing mortgage and also gives you cash.

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VA Loan

VA Loan

One small way US Mortgages is privileged to give back to the families of the men and women who have fought for our country is through its VA Loan Program in Denver. Learn more about our VA Loan Program and why it can be a great help below.

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Stated Income Loan

Stated Income Loan

Are you looking for a stated income mortgage broker in Denver? You've found one of the best with US Mortgages! US Mortgages is one of the few stated income mortgage lenders in Denver that offer loans at a competitive rate. Learn more about the stated income loans we offer, who is eligible and how to get started on your stated income mortgage in Denver below.

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USDA Loan Program

USDA Loan Program

The USDA loan program is primarily available to rural homebuyers seeking a single family home. Similar loans exist for rural business property loans and multifamily housing property purchases. The intention of the program is to provide attractively low rates to homebuyers that are impossible to find within city limits, thus increasing the population of rural areas and reducing the amount of vacant properties in rural areas.

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