Welcome to Mile High Mortgage Loans! Your Mortgage Broker In Denver.
The Mile High Mortgage Team is committed to providing clients with the highest quality home loans in Denver CO, combined with some of the lowest mortgage rates available in all of Colorado. Whether you are first time home buyer, purchasing your dream home, refinancing an outstanding loan, or consolidating debt, our highly experienced team of mortgage brokers can help make your dreams come true.
At Mile High Mortgage, our ultimate goal is to create lasting relationships with each of our clients so that we may continue providing excellent service for many years to come.
We specialize in the following Colorado Mortgage Loans:
- Home Purchase Loans
- Home Refinance Loans
- Home Equity Loans
- Cash Out Home Loans
- Jumbo Home Loans
- FHA Loans / VA Loans
- And Much, Much More!
Although we are located in Denver, Colorado, we offer unparalleled mortgage and refinance service to clients throughout the Great State of Colorado!
Call Us Today – 720.445.6829
Mortgage Broker In Denver Call Now: (720) 722-1581
or Click Here to request a Free Consultation
The Best Mortgage Broker In Denver Colorado is a mortgage loan broker in Denver specializing in home loans, home equity loans, home refinance loans and home mortgages.
Know the 3 C’s before getting your next Home Loan!
The credit score is an assessment of credit history factors. Therefore, it is generally impossible to change your score during the short period of time you are applying for a loan.
As such, it is important to be aware of the positive and negative variables that affect your rating so that you can improve your credit score before you need to use it as a tool to obtain a loan. You can improve your credit score a little each year (by as much as 50 points) by careful management of your credit obligations.
To qualify for a mortgage loan, you must show your mortgage lender that you have a high enough gross monthly income to make your payments each month. Your lender will also want to know that you’ve held a steady job for at least two years. This reassures lenders that you’re less of a default risk. Fortunately, verifying your gross monthly income and employment status is a simple task, requiring only some basic paperwork.
When you obtain a mortgage loan to purchase a home, the collateral used to secure the loan is the house. If you fail to make payments and default on your loan, your lender has the option to claim ownership of the house due to its security interest.
Collateral = your home – this is the what secures the mortgage loan in case you don’t make your payments
While property type and occupancy are important considerations for lenders, the value of the property is the most important part of collateral. The chief concern is that the property is worth enough to easily be sold to recoup losses should there be a default on the mortgage loan.
The value of the property is typically determined by an appraisal.
Mortgage Broker In Denver
Filed under: Mortgage Broker In Denver
by Bob Dallman