Colorado Mortgage Lender
*Eliminate wasted time in the purchase transaction. A pre-approval process can also be helpful in structuring your final
goal. You may find something showing up on you credit report that is
incorrect, or may need to do some debt consolidation in order to qualify
for the price range you were interested in. We are there to advise and
assist with any challenges that may come up.
One of the most
important steps in purchasing a home is to be pre-qualified or
pre-approved. Taylor Mortgage Group
is a mortgage broker able to offer a variety of loan products and rates
with some of the largest and best investors.
Taylor Mortgage Group offers a One Time Close Construction Loan. Not only do we offer the fastest closing on the "One Time Close
Construction Loan", but we also offer the best rates. When the "One
Time Close Construction Loan" modifies to the permanent mortgage, at the
end of the construction, we offer a 15 year, 20 year or 30 year fixed
rate loan with no adjustable rate mortgage in a few years and no
prepayment penalty. Additional loan options include a 1 year, 3 year, 5
year, 10 year and 15 year adjustable rate mortgages. The construction loan and the permanent loan are closed at one time!
Mortgage Group offers a huge variety of loans from vacant land loans to
construction loans to second homes and investment properties. Colorado offers beautiful views in every direction and our brokerage firm can help you buy or build the home of your dreams! Please
see our list below to find the right loan for you! We look forward to
assisting you in purchase of your dream home or property. Feel free to contact us at any time at 303-884-9393 or 303-339-5950!
Mortgage Group offers a huge variety of loans from construction loans
to vacant land loans to investment properties and second homes. Colorado offers beautiful views in every direction and our brokerage firm can help you buy or build the home of your dreams! Please see our list below to find the right loan for you! We look forward to assisting you in the purchase of your dream home or property. Feel free to contact us at any time at 303-884-9393 or 303-339-5950!
The Federal Housing Administration (FHA) Section 203(h) is a Disaster Relief Program
that addresses home loans designed for purchasers of single-family
homes and FHA-approved established condominium projects. All properties
must be used as primary residences. Click title for more...
Disaster Relief Programs
are available for homeowners who live in presidentially-declared
disaster areas. For one year after the date of declaration, eligible
applicants may apply for mortgage insurance and 100-percent financing
for home purchases.
The new Disaster Assistance Loans
ay only be used to finance principal residences. People who own or
rent homes in presidential designated disaster areas may be eligible for
Disaster Assistance Loans
with zero down payments.
The Section 203 (H) program makes it easier for victims to get
mortgages. Only single-family homes and FHA-approved establish
condominium projects are eligible for this program.
Section 203 (H) applies to areas that have been formally declared
disasters by the President of the United States. Applicants only have
one year from the date of declaration to procure these Disaster Assistance Loans
. To check the status of your area, see the website for FEMA, click title for more...
Colorado Reverse Mortgages
Lender Closing Costs or points.
Homeowners ages 62+ may be
pleasantly surprised with the thousands of dollars of savings in the
easily obtained Reverse Mortgage product. Taylor Mortgage Group offers retirees Colorado Reverse Mortgages
with NO points and NO lender closing costs.
Land Loans in Colorado
Buyer's that are purchasing a land
loan are not buying it for long-term investment, but to build a home
within a certain timeline. We are able to direct the potential homeowner and assist
with the best financing. This is where our expertise is valuable to
our customers. Taylor Mortgage Group
can bridge the land
loan to the construction
loan and on to the permanent financing with literally one-stop shopping.
Purchasing the land with a construction loan is most advisable to cut down on additional closing costs.
program is for home owners whose homes are now worth less than what they owe against them.
HARP stands for Home Affordable Refinance Program!
if your original home loan is an FHA loan in good standing and the refinance
must lower your monthly interest payments.
Streamlined refinancing option allows you to reduce the interest rate on your current home loan quickly and oftentimes without an appraisal.
Colorado home mortgages, or forward mortgages in this context, commonly
require substantial indications that an applicant will be able to make
payments on their home loans. The physical property and
equity already paid serve as collateral for the Colorado reverse mortgage. In contrast, reverse mortgages on
Colorado homes do not require such evidence.
One FHA product, the HECOM, is used for 95 percent of all reverse mortgages.
Why a Reverse Mortgage for Colorado Homeowners?
A Colorado reverse mortgage allows senior homeowners to access money before the home has earned it. Reverse mortgages by Taylor Mortgage Group offer senior citizens who own homes in Colorado and elsewhere peace of mind and funding for years to come. Reverse mortgages are preferred Colorado home loans for many reasons.
Financing rural land in Colorado used for business and industry is now easier than ever. Colorado mortgages packaged through the USDA Rural Cooperative Development Program offer borrowers up to 100-percent financing.
Borrowers purchasing USDA Colorado land
loans and construction loans in Colorado are not required to hold
assets to be eligible for the program and there are no minimum credit
score guidelines. Moderate category income limits apply. The USDA Colorado land loan
program still accepts non-traditional credit as long as the borrower
can document housing payment history and three alternative sources. Moderate category income limits apply.
Taylor Mortgage Group endeavors to put together the best construction loans Colorado allows.
We have sources of new construction loans to cover the entire gamut of
buildings, from Pre-built manufactured homes to high-end estate homes.
Taylor Mortgage Group construction
loans consist of owner occupied properties, investment properties, and
spec homes and buildings for either city lots or for large parcels of Colorado real estate.
HELOC stands for Home Equity Line of Credit.
equity loans are often used to finance major expenses such as home
repairs, medical bills or college education. A home equity loan
is when the borrower uses the equity in their home as collateral.