Colorado Springs Mortgages

Easy to Find

Hard to Find Someone to Trust

Colorado Springs mortgages are usually thrust upon you during every day life.  You hear ads on the radio.  You get emails.  You get internet ads.  You see ads in the newspapers.  Colorado Springs mortgages are so easy to come by that it is sometimes you can forget to do your homework and get a mortgage that actually meets your needs. 

This is especially true if you are having any kind of financial difficulties.  If you have challenged credit, you can easily get drawn in by promises of financial security by refinancing your home.  Unfortunately, many disreputable mortgage brokers represent Colorado Springs mortgages that will ultimately leave you in a worse position than you started with.  Suddenly, you lose everything. 

As a real estate appraiser, I constantly (over 90% of the time, no exaggeration) receive requests from mortgage brokers to appraise homes  for more than they are worth in order to get a loan to close.  Unfortunately, that means that the homeowner get stuck with the inflated home value which is particularly dangerous in the current market.

(ASIDE: WHILE I WAS TYPING THIS I GOT A CALL FROM A SUB-PRIME MORTGAGE BROKER ASKING ME TO GET "MAXIMUM" VALUE FOR A HOUSE.  TRANSLATED, THAT MEANS WILL YOU STRETCH THE VALUE SO I CAN GET THIS DEAL DONE.  THEY USUALLY SAY "THIS IS THE DOLLAR AMOUNT I NEED."  THIS HAPPENS TO ME EVERY WEEK AS AN APPRAISER. YOU REALLY DON'T WANT A MORTGAGE BROKER LIKE THAT!) 

Even if you are not refinancing and are buying a home, you can get into trouble getting Colorado Springs mortgages if you are not careful.  You can get stuck paying points, hidden fees, or prepayment penalties.

Picking a good mortgage broker can be a daunting task.  You really need to be careful how you proceed.  I've found a good article entitled "Getting a Good Mortgage Broker" you should take a moment to read.  This article outlines some very good points about mortgage brokers that you should consider. 

After working with many mortgage brokers and lenders there are two that I recommend and that I have used.  Talk to one or talk to both.

Use the contact forms below and they will contact you to help you with your Colorado Springs mortgages.

Matt Hughes of Colorado Capital Finance

Matt owns Colorado Capital Finance. Matt has been in busy through ups and downs and he will help you meet your lending needs.

 Eileen Zytka of Clarion Mortgage Capital in Woodland Park, Colorado

If you are moving to Woodland Park or anywhere in Teller County, Eileen is the woman to talk to.  I have seen Eileen get deals done for every kind of credit and every situation.  She is a good friend and a tremendous mortgage broker who will help you find a loan to fit your needs. 

I trust Eileen and know you will too!

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