Recomended Vendors
This list is created just as a suggestion and tool to start your own search, it is your responsibility to review vendors and select the one that best fits your needs. I am providing a few recommendations for consideration, but I advise you to review additional options to find the right fit. I also advice to get more than one quote and not settling just to the first one. I am not affiliated with any one in this list and I don't receive any referral fee from them.
I have an extensive list of preferred providers because is a growing and always changing list please contact me and I will be happy to share with you my and my company contacts.
A few lenders if you might need one…
Below is a list of lenders that my clients have been pleased with in the past. Please feel free to contact any of them for assistance with your loan. This list is not exhaustive, nor are you obligated to use any of them.
Below is a list of lenders that my clients have been pleased with in the past. Please feel free to contact any of them for assistance with your loan. This list is not exhaustive, nor are you obligated to use any of them.
|
Nova Loan – Correspondent Lender
Rosemary Voshell VP/Branch Manager-Producing Office: 720-279-5911 Cell: 720-331-6138 |
CrossCountry Mortgage, Inc
Scott Harshaman 720-509-8610 Nate Martinez nathan.martinez@myccmortgage.com Premier Home Loans– Mortgage Broker
Cameron Cook 720-299-9029 cameron@premierhomeloansco.com |
|
Here is a brief description of the different types of lenders in Colorado!
Especially if you have a particular circumstance is good to understand what kind of lender looking for, like if you need a jumbo loan or have other special circumstances to address.
Explanations of some of the main types are provided below. These are not necessarily mutually exclusive - there is a fair amount of overlap among the various categories. For example, most portfolio lenders tend to be direct lenders as well. And many lenders are involved in more than one type of lending - such as a large bank that has both wholesale and retail lending operations.
Especially if you have a particular circumstance is good to understand what kind of lender looking for, like if you need a jumbo loan or have other special circumstances to address.
Explanations of some of the main types are provided below. These are not necessarily mutually exclusive - there is a fair amount of overlap among the various categories. For example, most portfolio lenders tend to be direct lenders as well. And many lenders are involved in more than one type of lending - such as a large bank that has both wholesale and retail lending operations.
|
MORTGAGE LENDERS VS. MORTGAGE BROKERS
A good place to start is with the difference between mortgage lenders and mortgage brokers.
Mortgage lenders are exactly that, the lenders that actually make the loan and provide the money used to buy a home or refinance an existing mortgage. They have certain criteria you have to meet in terms of creditworthiness and financial resources in order to qualify for a loan, and set their mortgage interest rates and other loan terms accordingly. Mortgage brokers, on the other hand, don't actually make loans. What they do is work with multiple lenders to find the one that will offer you the best rate and terms. When you take out the loan, you're borrowing from the lender, not the broker, who simply acts as an agent. |
PORTFOLIO LENDERS
Portfolio lenders, on the other hand, use their own money when making home loans, which they typically maintain on their own books, or "portfolio." Because they don't have to satisfy the demands of outside investors, they can set their own terms for the loans they issue.
This makes portfolio lenders a good choice for "niche" borrowers who don't fit the typical lender profile - perhaps because they're seeking a jumbo loan, are considering a unique property, have flawed credit but strong finances, or may be looking at investment property. You may pay higher rates for this service, but not always - because portfolio lenders tend to be very careful who they lend to, their rates are sometimes quite low. |
CORRESPONDENT LENDER
A final term you may hear is "correspondent lender." Whereas some types of lenders are distinguished by the process leading up to the loan, correspondent lenders are defined by what happens after the loan is issued. Correspondent lenders work with an investor, called a sponsor, who purchases any mortgages they make that meet certain criteria. Often, this is either Fannie Mae or Freddie Mac, in their roles as the major U.S. secondary lenders.
|
We have an extensive list of providers for your home needs please contact me for any referrals I would be happy to provide them to you!
|
If you need an home inspector...
Western States Inspections & Services, Inc Lon Henderson 303-807-6837 lonsplace@esrta.com Call Home Inspection Dan & Dave T: 720-355-6977 E: callhomeinspection@gmail.com Team Axium Inspections
Certified Building Consultants Radon Mitigation Professionals 303-831 -1202 AxiumInspections.com AxiumRadonMitigations.com |
Sewer Line Inspectors Drain and Sewer solution Luis 720-499-3282 Pipe Spies Warren Rickford 9457 S. University Blvd. #152 Littleton, CO 80126 303-795-3630 Radon All Colorado Radon Mitigation Inc Ben Ingalls 1181 S Huron St Denver, CO 80223 720-726-4556 info@allcoloradoradon.com Eletrician
Eder Torres 720-288-7240 Painter Jesus Ruiz 720-629-8746 |
Surveyors
Colorado Engineering Ron Flanagan 4750 S Santa Fe Cr #8 Englewood, CO 80110 303-761-8055 ron@copls.com Sewer Repair
Drain and Sewer solution Luis 720-499-3282 Big Dog Rooter Sewer Repair - Carlos - 720-338-5331 Go Direct Sewer & Water - 303.288.0039 Apex Plumbing Sewer Clean out Drain and Sewer solution Luis 720-499-3282 Drain Brain (720) 322-4845 Apex Plumbing Jake the snake |
