Looking for the Best Colorado Mortgage rates? It’s our goal to provide low mortgage rates and a fast, easy mortgage process from application to closing. From first-time home buyers to seasoned homeowners, we want you to feel comfortable and confident with the process because the less you spend on your mortgage, the more you can spend on the things you love!
A mortgage rate is the interest rate on your home loan. There are many factors that go into deciding what your interest rate will be when securing a mortgage. These include:
A 4% mortgage rate versus a 3% mortgage rate may not seem like a huge difference, but that one-percentage point translates into at least a 10% difference in the monthly mortgage payment. Although our rate and monthly payments are a large factor when choosing a mortgage, it is also important to focus on the level of service that different lenders provide. Take into consideration the level of expertise of the loan officer. Are they knowledgeable about new laws and regulations regarding home loans? Ask about the speed of the process before making a final decision. Consider the lender’s reputation, ability to provide guidance for a smooth transaction (especially for a first-time homebuyer), and other costs such as points and fees, and APR.
The interest rate is the rate on the loan itself and does not take into account closing costs. The APR is the interest rate with the closing costs or closing credits accounted in it. The APR provides a more direct comparison across loans if the same types of costs are included in each home loan.
We have simplified the mortgage process. Whether you’re buying a new home or refinancing your mortgage, we offer competitive and low mortgage rates without sacrificing high-quality customer service. We pride ourselves on providing customers with low mortgage rates and low fees.