Let’s Find Your Perfect Denver Home
It's an exciting yet daunting process – finding the perfect place, securing financing, and gathering your down payment. But don't stress! With a seasoned mortgage broker and a local real estate expert on your team, navigating the loan journey can be a breeze.
How can we help?
We're here for your journey, not just your next loan. By integrating your home financing into a long-term wealth plan, we can build a roadmap that empowers you to achieve your financial goals.
Why Choose Denver?
Denver, the Mile High City, beckons with a dynamic energy that captivates residents and visitors alike. Beyond its stunning Rocky Mountain backdrop, Denver boasts a vibrant cultural scene, a thriving culinary landscape, and endless opportunities for outdoor adventure. Whether you crave the buzz of a metropolis or yearn for mountain exploration, Denver offers the perfect blend for an active and fulfilling life.
Urban Oasis with Mountain Majesty
Denver seamlessly blends city life with breathtaking natural beauty. Nestled amidst the Rocky Mountains, you can enjoy world-class restaurants, a thriving arts scene, and all the urban amenities, all with a backdrop of stunning peaks. Hike, bike, or ski right outside your doorstep – the perfect playground for outdoor enthusiasts.
Thriving Economy & Job Market
Denver boasts a booming economy with diverse industries like technology, healthcare, and finance. This translates to a strong job market with ample opportunities for career growth and advancement.
Lively and Welcoming Community
Denver fosters a welcoming and inclusive community. From young professionals to families, the city attracts people from diverse backgrounds who share a love for adventure and a vibrant social scene. This creates a friendly and supportive atmosphere where you can easily build connections.
Mortgage And Real Estate Data for Denver , Colorado
Where do most Denver transplants come from?
Denver's home prices have seen a steady increase, with a median sale price of $569K in February 2024. However, there are indications of a possible slowdown. While prices are still up 2.3% year-over-year, the peak price was reached in June 2023. Additionally, sales volume has decreased by nearly 20% compared to last year, and houses are staying on the market slightly longer (around 33 days). This could be due to rising mortgage rates that may be impacting affordability for some buyers.
Despite these changes, Denver's housing market remains somewhat competitive, with homes receiving an average of 2 offers. There's also a potential increase in inventory, with listings up 25% year-over-year, which could put some downward pressure on prices in the future.
What sale-to-price ratio do Denver properties sell for?
Finding Your Ideal Place In Denver
Great Neighborhoods for Outdoor Recreation
Golden: Nestled against the foothills, Golden offers stunning mountain views and easy access to hiking, biking, and whitewater rafting. It's a haven for outdoor enthusiasts with a charming historic downtown.
Wash Park West: Located near Wash Park, this neighborhood provides ample opportunities for running, picnicking, and enjoying outdoor activities. It's close to biking trails and offers a mix of families and young professionals.
Great Neighborhoods for Outdoor Singles
Capitol Hill: This densely populated neighborhood offers a vibrant social scene with trendy bars, restaurants, and nightlife options. It attracts young professionals and provides a walkable environment with easy access to downtown Denver.
Ballpark: Located near Coors Field, the home of the Colorado Rockies, Ballpark is a lively area with a mix of bars, restaurants, and entertainment options. It attracts young professionals and offers a walkable and energetic environment.
Still unsure where you want to be?
Great Neighborhoods for Families
Park Hill: This established neighborhood offers excellent schools, a strong sense of community, and plenty of parks and green spaces. It's perfect for families seeking a safe and nurturing environment.
Highlands Ranch: Located south of Denver, Highlands Ranch boasts top-rated schools, family-friendly amenities like pools and recreation centers, and a suburban feel with easy access to outdoor activities.
Great Neighborhoods for Denver’s Brewery Scene
RiNo (River North Arts District): As mentioned above, RiNo is a hub for craft breweries, with some of the most popular ones concentrated in this area. It's a great place to explore diverse beer styles and enjoy a vibrant atmosphere.
Platt Park: This up-and-coming neighborhood boasts a growing number of breweries catering to various tastes. It offers a mix of families and young professionals and a relaxed atmosphere to enjoy a craft beer.
Great Neighborhoods Entertainment
LoDo (Lower Downtown): Denver's vibrant core, LoDo, pulsates with energy. It features a diverse selection of restaurants, bars, nightclubs, and live music venues, perfect for those seeking a dynamic nightlife scene.
RiNo (River North Arts District): This trendy area offers a mix of art galleries, breweries, music halls, and trendy restaurants. It has a young, energetic vibe and plenty of nightlife options.
Great Neighborhoods Walkability
Washington Park: This established neighborhood boasts a walkable layout with easy access to shops, restaurants, cafes, and, of course, Washington Park itself. It's a great option for those who prefer to get around on foot.
Sloan Lake: Centered around Sloan Lake, this neighborhood offers a walkable environment with plenty of shops, restaurants, and bars within walking distance. It's popular for its lakefront path and proximity to downtown Denver.
Get Your Property Report
Understanding your home ownership options as a current owner greatly depends on your current residence. Would you meet your financial goals by selling, refinancing, renovating, or maybe buying an investment property nearby? Get a sense of your current property’s value with a free property report.
FHA Loans
Designed for first time buyers, FHA loans offer flexible credit requirements and lower down payment options than conventional loans.
Find Your Best Mortgage Options in Denver
Finding a great home in the Mile High City means finding the right loan program for you. Working with a mortgage broker means you have a wide catalog of loan programs to choose from, giving you more flexibility and options to review for your ideal loan.
While hundreds of loan programs are available to Denver buyers, here are a few that are currently popular for home shoppers:
VA Loans
Created to support the brave men and women of our military, VA loans make a great options for our veterans.
DSCR Loans
Looking to get into real estate investment? Find out how a DSCR loan can make the leap into this field simpler.
HELOC Loans
Take advantage of the equity in your home and create financial stability for yourself with one of the many home equity mortgage options.
More Mortgage Programs Offered to Denver Buyers
Meet Your Mortgage Broker
Becky Watkins
Senior Mortgage Broker, NMLS #327288
Nexa Mortgage LLC
505-235-9810
becky.nexalo@gmail.com
I’ve spent over 30 years in the real estate and mortgage industries. With my license to originate loans as well as a real estate license, I have unique access to data, loan programs, and services that can offer you a 360 degree view of your home shopping experience. Check with Beck before you take the leap to homeownership. I can help you navigate your questions and options, giving you confidence in your home decisions.
What is a mortgage broker?
A mortgage broker acts as an intermediary between borrowers and multiple lenders, helping individuals find the most suitable mortgage terms and interest rates from a variety of financial institutions. In contrast, a standard retail loan officer typically works directly for a single lending institution and assists clients in securing loans offered by that specific lender.
Think of me as your mortgage concierge, guiding you to the best decision by narrowing down your options to the best selections for your specific goals, needs, and wants.
FAQs About Buying A Home in Denver
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The average mortgage payment depends on several factors, including loan amount, interest rate, and loan term. We can help you get a personalized estimate based on your situation.
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There's no one-size-fits-all answer. It depends on your financial goals, long-term plans, and Denver's current housing market trends. We recommend consulting a financial advisor to discuss your specific situation.
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The conventional loan limit for Denver falls under the statewide limit for Colorado, which is currently $766,550 for single-unit properties in 2024.
Other Areas We Serve
Boulder, Colorado
Boulder's unique character requires a nuanced understanding. Our local mortgage brokers will guide you through Boulder's specific lending landscape, ensuring you get the best possible financing for your new home.
Denver, Colorado
Denver's competitive market demands a strategic approach. Our experienced brokers have the local knowledge and connections to navigate multiple lenders and find the most competitive rates and terms for your Denver home.
Colorado Springs, Colorado
Colorado Springs boasts a strong military presence and a flourishing housing market. Our local mortgage brokers are experts in navigating VA loans and other programs that can help veterans and active-duty personnel achieve their homeownership goals.
Fort Collins, Colorado
Fort Collins offers a vibrant community with diverse housing options. Our mortgage brokers understand the local market and can help you navigate financing options, from first-time homebuyer programs to jumbo loans for luxury properties.
Serving Home Buyers in New Mexico
In New Mexico's diverse market, an experienced mortgage broker can guide you toward the right loan option, whether you're drawn to Albuquerque's urban core or Santa Fe's unique charm. Their local knowledge helps you understand neighborhood nuances and secure the financing that aligns with your dream home.
Serving Home Buyers in Colorado
The Colorado housing market can be competitive, but a local mortgage broker can help you navigate it with ease. Their expertise in local loan programs and connections with lenders ensure you get the best rates and navigate the complexities of the process.
Albuquerque, New Mexico
Albuquerque’s housing market requires a seasoned mortgage broker to navigate local loan options and programs. We'll help you find the perfect fit for your needs, from historic districts to modern communities.
Santa Fe, New Mexico
Santa Fe's charm comes with distinct financing considerations. Our local experts understand the intricacies of the Santa Fe market, ensuring a smooth and successful homebuying journey.
Rio Rancho, New Mexico
Rio Rancho's rapid growth offers exciting opportunities. Our mortgage brokers stay informed about the latest loan options for this dynamic market, helping you secure the best deal on your dream home.