Affordable Monthly Payment
Build Equity
Customize Your Home
Buy Your First Home
Down Payment Myths
You don’t need a 20% down payment to buy a home. Conventional loans start as low as 3% down, and FHA loans start at 3.5%. You can put down less or add more if you have the funds.
First-time home buyers can use:
- Savings
- Cash Gift
- Assistance Programs
- 401K Loan
What You NEED
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A credit score of 580 for an FHA loan. 620 to qualify for a conventional home loan.
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Household income that can support mortgage payments. Affordability Calculator
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A modest down payment of at least 3% or a down payment assistance program.
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Funds for closing costs.
What You’ll GAIN
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Your own domain – You decide when to move, not a landlord who suddenly decides to sell.
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Affordable monthly payments – Set loan payments, no more unexpected rent increases or change without notice.
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Build equity fast – Prices in Denver forecast to rise by 17.5% in 2022.
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More Net Worth – Homeowners average 80x net worth than renters.
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Tax benefits
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Pride of home ownership
First Time Homebuyer Programs
Down Payment Assistance Programs and Home Loans
Down Payment Assistance Programs and Home Loans
The Colorado Housing and Finance Authority (CHFA) provides first time homebuyer programs.
CHFA Loan Programs
- CHFA fixed-rate mortgage
CHFA Down Payment and or Closing Cost Help
- Grant
- Second mortgage (not due until the property is sold or is no longer your primary residence)
Noteworthy: Most first time homebuyers opt for a conventional rather than a CHFA/FHA loan program to avoid lifetime FHA mortgage insurance.
Loan Amount
Loan amounts vary based on income, monthly debts, down payment, and credit.
Closing Costs
Pay closing costs at your home buyer closing appointment by certified check or wire (requires bank account and routing number). Includes your mortgage down payment and closing cost fees.
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Our refinance was effortless, smooth, and everyone working at Nathan Mortgage was personable, knowledgeable, and professional.Nathan himself was very forthright, easy to talk to and enthusiastic about his product. We will not hesitate to … More recommend Nathan and his staff to friends and family!
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My husband and I applied for a mortgage with Nathan Jennison. I have nothing but good things to say about our experience with him. This man knows what he's talking about. He's quick and you can tell he loves his job. He spoke … More with us for a while making sure that we understood everything, giving us examples of similar situations and made us both feel like he was a long time friend. I'll definitely be recommending him to friends and family.
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Nathan and his team are number 1 in my book. They are professional and quick. I called told them I was in the market for refi, explained my situation and got started the same day. If you can keep up with what they need and answering back … More on email quickly like i did! Three weeks tops. will always be a returning customer. Thank you, Nathan Mortgage
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We felt like we were in the best hands during a crazy housing market. We found Nathan Jennison when we quickly went under contract and realized we needed a more competitive interest rate at the last minute. In addition to helping us lock … More in a lower rate, we required a quick closing date which he was able to pull off successfully. Throughout the process, he provided exemplary customer service by being immensely communicative every step of the way providing immediate updates and answering all of our questions in a quick manner. He worked tirelessly to help us close quickly at the best rate with no hiccups. We will be using Nathan again for future deals and highly recommend him and his team!
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I can't thank Nathan and his team enough for their help with my refinance. Nathan and the team are knowledgeable, responsive, and went above and beyond to help get my refinance closed.
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I Jack Claridge and Marive Dawkins are very happy to have Nathan and his staff help us with our very difficult mortgage . I think we put his whole staff to the test and they got us approved in time to close . So we will advise people that … More need financing to go to Nathan and his coworkers , they will go above and beyond to get it done !!!
Free Consult
Ready to buy a home or curious about the home buying process? Fill out the form below to request a free no-obligation consult with our mortgage Lakewood team.