Colorado Springs, CO
The City of Millionaires
THE COLORADO SPRINGS CREW
Proudly serving Colorado Springs, Denver, and the entire state of Colorado.
ABOUT COLORADO SPRINGS
If you’re looking for a mortgage in Colorado Springs, look no further than Total Lending Concepts!
Beautiful Colorado Springs sits on the edge of the Rocky Mountains and only 61 miles from Denver. It’s the largest city in El Paso County, with a population of 464,474 (2017).
The Springs is known as a desirable place to live with dozens of national awards. Offering a pleasing climate, incredible scenery, and friendly residents, no wonder this is a prime destination to buy a home to raise a family or come for retirement.
Our Total Lending Concepts office is at 5333 N Union Blvd. Suite 100 Colorado Springs, CO 80918
We provide mortgages for the entire El Paso County, including:
Colorado Springs, Cascade, Calhan, Elbert, Fountain, Green Mountain Falls, Manitou Springs, Monument, Palmer Lake, Peyton, Ramah, Rush, Yoder
LOCAL REAL ESTATE
The real estate marketing in Colorado Springs is booming, with the median home price hitting $425,500. The Springs has one of the hottest markets in the US with its family-friendly atmosphere, steady job market, and relatively low housing costs compared to many other parts of the country.
Because this is such a hot market, all borrowers need to be fully qualified before shopping. That way, when they find a property, they can put in a strong offer right away.
For investors, this area has a high demand for rentals because of the influx of new residents.
The entire Total Lending Concepts crew has decades of experience in providing all types of home loans. So, you can be completely confident that no matter what your circumstance is or what kind of property you want to purchase, you’re in good hands.
BORROWER TIPS
In our Colorado Springs office, we’ve worked with hundreds of borrowers. Here are a few of the top tips we give them:
- Contact us right away. If possible, come to our office. It’s always good to meet your loan officer face to face and get all of your questions answered. If you can’t get away – give us a call – even if it’s during your lunch break, and we’ll be happy to help you see what your options are.
- Gather your essential income and asset documentation like paystubs, W2s, taxes, and recent bank statements so you’ll have it ready for your loan officer.
- Get prequalified first–before you start looking. That alone will make the process less stressful. Because in this hot market, once you make an offer, you’ll only have about 30 days until your loan closes.
- Stay in your price range. If you’re prequalified for $350,000, don’t be shopping in the $400,000 range and find a home you love but can’t afford. When you stay in your budget, you’ll be much happier and still find your dream home.
- If you’re getting a VA or FHA loan, be sure the home is in good condition. Avoid bad roofs and hazards like broken windows, massive dry rot, or exposed wiring. Otherwise, those things will have to be repaired before your loan closes.
HOME LOANS
Our Colorado Springs team are experts any loan you need including:
Conventional Loans – you’ll need a credit score of 620 and above. These loans are suitable for your primary residence, second home, or investment property.
FHA Loans – if your credit isn’t stellar and you don’t have very much saved up for a down payment – ask us about FHA loans.
VA Loans – we help veterans can take advantage of their home loan benefits, including zero down payment and lower rates.
USDA Loans – if you want a property in a rural area, this loan offers a zero down payment option.
Jumbo Loans – if you need a loan amount higher than the conventional limit, we have jumbo loans.
COLORADO SPRING REVIEWS
TLC COLORADO SPRINGS
Proudly serving Colorado Springs, Denver and the entire state of Colorado.
5333 N Union Blvd. Suite 100
Colorado Springs, CO 80918
Phone:
(719) 266-3869
Email:
info@tlclender.com
