Shannan’s Home Purchase After College

Shannan had graduated college with debt to pay like most people in the country and she had planned on renting until she got her student loans paid off. With little funds saved for down payment, she was living with 2 roommates in a small apartment and still paying $1,250 per month. She got in touch with one of our Colorado first time home buyer specialists through a friend and ran some numbers to see what her options were.

Shannan was pre-approved within a couple weeks and by the end of the year, she was the owner of her own home and had her roommates join her. Her monthly cost was reduced to $1,000 per month and she then put the additional $250 towards her student loans and is on track to pay them off years years earlier than expected which will save her thousands on interest costs. See what your options are today!

James' Colorado Down Payment Assistance Success Story

James is a hard working plumber working around the Denver metropolitan area that was really hoping to be able to purchase a home due to the latest addition to their family in his son. James and his wife wanted to get out of their 1 bedroom apartment and purchase a home with a yard for their son to grow up in. They were really concerned with their credit scores and didn’t think they would be able to get a mortgage as first time home buyers in Colorado. They had some money saved for down payment but knew they certainly could not come up with 20% for a down payment. They had heard about down payment assistance so they ended up filling out our form to see what they might be able to get as first time home buyers to purchase their first home in the Denver, Colorado area. They expected to have to go through years of credit repair to get to where they needed to be in order to qualify, however, their application looked better than they had thought. We were able to get James and his wife in touch with a credit repair specialist and they were able to help them get their credit scores above the 620 requirement for the Colorado first time home buyer down payment assistance within 2 months. James and his wife were homeowners within 6 months of having their first son with the help of the Colorado down payment assistance program. See what Colorado first time home buyer programs you might qualify for today!

April's First Colorado Home

April is a single mother of 2 and had been a renter for nearly a decade since she had moved out of her parents home. She was had been saving up for a home for a majority of that time and just wasn’t able to save enough and began to think she would never be able to purchase a home. She was under the impression that, in order to purchase her first home, 20% of the purchase price would be needed for the down payment on her mortgage. She was talking with her parents one evening and they decided to take a look online to see what information they could gather. They ended up on our website and submitted a request for additional information to see if April might qualify for any down payment assistance programs. We reached out to April right away and it turned out that she qualified for a program to cover most of her down payment and only required $1,000 of her own money. She applied that evening and was pre-approved for a mortgage with down payment assistance the next day and we were out looking at homes that weekend. April had her first home under contract within a week of thinking it was impossible for her to purchase. Colorado has a number of different down payment assistance programs and grants available not only for first time home buyers but also for second time buyers as well. Imagine being able to go from hopeless to homeowner as quickly as April was able to. See what your options are today!