Good News About Mortgages In Denver

There’s good news about mortgages in Denver…mortgage rates are at all-time lows, and many local first time home buyers programs are in place to provide down payment assistance.

Better still, the IRS is offering a tax credit of up to $8,000 for first time home buyers who purchase a home before April 30, 2010. The “first time home buyers” tax credit program is eligible to individuals who have not owned a home as their primary residence within the last 3 years. (see Eligibility section for further information).

For individuals that are not eligible for the first-time home buyer tax credit, they could be eligible for up to a $6,500   tax credit under the new revised tax stimulus plan. Individuals who have lived in their primary residence for at least five years are eligible for the $6500 stimulus plan.

After the shakeout in the housing and mortgage industry in recent years, the loan qualification process is much the same as it was for decades before the economic crisis. If you have good credit scores and a proven, steady income, you’ll be able to qualify for a fixed-rate mortgage payment that you can afford.

We make the home loan qualifying process easy and straightforward, ensuring that the steps you take toward owning your first home go as smoothly as possible.

Mortgages and down payment assistance programs are available for first time home buyers in Denver, Littleton, Englewood, Centennial, Aurora, Lakewood, Arvada, Wheat Ridge, Golden, Broomfield, Brighton, and Westminster.