Colorado Home Loans (VA, FHA & Jumbo) — Local Guidance from J.D. Peck & the JD.Mortgage Team
Looking for Colorado home loans with clear options, fast communication, and a local team that knows Colorado Springs, Denver, Fort Collins, Pueblo, Grand Junction, Boulder and everywhere in between? J.D. Peck and the JD.Mortgage Team at Paramount Residential Mortgage Group, Inc. bring a hybrid lender/broker platform to help you compare VA, FHA, Jumbo, Conventional, USDA, DPA, Non-QM, second mortgages, HELOCs, and construction lending with one point of contact. We’re based in Colorado Springs and help borrowers across Colorado and in 49 states (New York excluded), combining practical advice with strong execution so you can make confident decisions. Have a question? Connect with the JD.Mortgage Team now »
Why Colorado Buyers Choose the JD.Mortgage Team
Colorado’s housing markets are diverse—from urban townhomes in Denver to acreage near Peyton and new builds along the Front Range—so your financing should be equally flexible. Our approach is simple: we explain your options in plain English, structure your file the way an underwriter wants to see it, and coordinate with your agent for smoother negotiations. You’ll get realistic numbers, transparency on fees, and strategies (seller credits, temporary buydowns, second liens) that can help you win offers and keep monthly payments in check. See our step-by-step mortgage process »
Colorado Home Loans: VA, FHA & Jumbo Explained
VA Loans (no minimum credit score with our team): Colorado has a large active-duty and veteran community. If you’ve been discouraged elsewhere, we specialize in VA—including challenging scenarios with manual underwriting when appropriate. Zero down, competitive payments, and flexible guidelines are why VA often wins here. Explore VA loans with no minimum credit score »
FHA Loans: FHA is a strong fit for first-time buyers or anyone rebuilding credit. Pairing FHA with seller concessions or down payment assistance can bridge the affordability gap in competitive sub-markets. We’ll help you understand MI, DTI, and how to optimize your approval. Learn how FHA works in Colorado »
Jumbo Loans: For higher-priced homes across Denver-Boulder, the Springs’ foothills, or mountain towns, Jumbo financing can deliver sharper pricing and large loan amounts. We’ll compare fixed vs ARMs, reserves, and second-lien combos to reduce cash to close without sacrificing flexibility. Compare Colorado Jumbo options »
Conventional Loans & Move-Up Strategies
Conventional loans often make sense for buyers with established credit and savings, especially move-up purchasers who want to leverage equity from an existing home. We’ll price multiple lenders, stack concessions strategically, and show when it’s smarter to buy points, use a buydown, or keep cash liquid for renovations. See Colorado conventional loan options »
USDA & Rural Eligibility
USDA loans help buyers in eligible rural areas across Colorado with zero down and competitive payments. If you’re exploring communities outside the main metros or on the outskirts of the Front Range, we’ll quickly check eligibility and income caps and map out your path to closing. Check USDA eligibility & details »
Down Payment Assistance (DPA) for Coloradans
Colorado buyers often combine DPA with FHA or Conventional to conserve cash. We’ll walk you through popular assistance options and how to coordinate seller credits, rate choices, and appraisal realities so the math works on day one—and year three. Browse loan options (including DPA) »
Non-QM for Real-World Scenarios: DSCR, Bank Statement, ITIN, Asset Depletion
When traditional guidelines don’t fit—self-employed earnings, real estate investors, or foreign nationals—Non-QM fills the gap. We frequently close DSCR for investment properties, bank statement loans for entrepreneurs, ITIN financing, and asset-depletion structures for retirees or high-net-worth buyers. See our Non-QM programs »
Investment Property Financing (Colorado Rentals & DSCR)
Colorado’s rental demand remains resilient across many submarkets. DSCR loans qualify the property by its cash flow rather than W-2 income, while conventional investment loans may offer lower rates with stronger income docs. We’ll compare both so you can scale the right way. Compare DSCR vs conventional investment options »
Second Mortgages & HELOCs (Keep Your Low First-Lien Rate)
If you love your current first-mortgage rate but need cash for upgrades or a move-up purchase, a closed-end second or HELOC can be a smart alternative to a full refinance. We’ll help you weigh monthly payment impact, draw strategy, and potential tax considerations to choose the right second-lien path. Explore second mortgage choices »
Prefer flexible access to funds for phased projects? A HELOC lets you draw as needed and pay interest only on what you use—helpful for remodels, ADUs, or bridging to your next home. Learn about HELOCs in Colorado »
Construction & New-Build Lending
From custom homes near Monument to infill builds around Colorado Springs and Denver metro, we’ll outline construction-to-perm, end-loans with builder financing, and one-time close options. We also coordinate rate-lock timing, draw schedules, and long-lead underwriting to keep your project on track. See construction loan options »
First-Time Buyers, Move-Up & Relocation
First-time buyers want clear steps; move-up buyers want certainty; relocations need speed. We provide pre-underwriting guidance up front, strong agent collaboration, and robust scenario modeling so you can write stronger offers and close with fewer surprises—even in multiple-offer situations. Start your Colorado purchase plan »
Rate Strategy: Points, Temporary Buydowns & Seller Credits
Colorado sellers frequently consider concessions—great news for buyers who want a 2-1 or 1-0 buydown, or to offset closing costs. We’ll show the breakeven math for points vs. credits and when a second lien beats paying points altogether. Run the numbers with our calculator »
What to Expect: Timeline, Appraisal & Underwriting
Typical contracts run 30 days, but we tailor timelines based on property type, appraisal turn times, and your documentation readiness. Our team organizes your file to minimize underwriting touches and post-approval conditions—crucial for VA and Jumbo especially. View the full process timeline »
VA Expertise: No Minimum Credit Score & Manual Underwriting When Needed
Too many Colorado service members get turned down for reasons that a specialist team can navigate. If your file requires manual underwriting or careful residual-income analysis, we lean in—helping you structure letters of explanation, document income confidently, and keep your offer competitive. See how we handle complex VA approvals »
Self-Employed in Colorado? We’ll Read Your File Like an Underwriter
Bank statement loans, K-1s, add-backs, and varying seasonality can confuse automated approvals. We meet you where your business is and build a financing plan that respects your cash-flow reality, now and as you scale. Self-employed financing options »
Refinance When It Serves a Purpose
We’re not here to push refinances. But when a cash-out makes sense—debt consolidation, renovations, or portfolio moves—we’ll lay out total-cost and breakeven scenarios, and compare cash-out vs second-lien vs HELOC so you can choose with confidence. Explore refinance scenarios »
Transparent Communication & Colorado Market Awareness
You’ll have a responsive team, Tuesday/Friday style status habits, and coaching that reflects what’s happening in Colorado neighborhoods right now—from Denver condo warrantability to Springs’ new-construction incentives. Your agent will appreciate the clarity—and so will the seller across the table. Ask us anything about your scenario »
Tools, Next Steps & Pre-Offer Strategy
Use the calculator to set guardrails, then we’ll tailor a numbers package that your agent can reference during negotiations. If we can craft a cleaner close with credits or a second lien to beat other offers, we will. Jump back to the top to get started »
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FAQs: Top Colorado Mortgage Questions (Short Answers)
1) What credit score do I need for FHA in Colorado?
FHA is designed for flexible credit. Approval is case-by-case, factoring in income, debts, assets, and property. We’ll assess your full picture and map your best path. Learn more »
2) Is there a minimum credit score for VA loans?
With our team, VA can be approved with no minimum credit score when the file meets program requirements, including residual income and underwriter review. See details »
3) How much down payment do I need for a conventional loan?
As low as 3% for eligible first-time buyers; many clients choose 5%–20% depending on PMI strategy and pricing. We’ll show trade-offs by payment and cash-to-close. Conventional options »
4) What about Jumbo down payment in Colorado?
Jumbo guidelines vary; 10%–20%+ is common, but combos and second liens can reduce cash to close. Explore Jumbo »
5) What are today’s mortgage rates in Colorado?
Rates change daily by program, credit, occupancy, and points. We’ll price multiple options the day you’re ready. Estimate payments »
6) Are there Colorado down payment assistance programs?
Yes—many buyers use DPA with FHA or Conventional. We’ll confirm eligibility and structure credits to keep cash manageable. See DPA paths »
7) Can I use gift funds?
Typically yes with FHA and Conventional; documentation is required. We’ll outline clean sourcing so underwriting is smooth. Documentation guide »
8) How long does it take to close in Colorado?
Commonly ~30 days; we adjust for appraisal timing, property type, and your documentation readiness. Timeline details »
9) Do condos and townhomes qualify?
Yes; warrantability and HOA budgets may apply. We’ll review early to avoid surprises. Condo financing »
10) Can I buy with an ITIN in Colorado?
Yes—via Non-QM ITIN programs. We’ll compare rates and terms to ensure a confident choice. ITIN options »
11) HELOC vs Cash-Out Refi—what’s smarter now?
Keep a low first-lien rate with a HELOC/second, or consolidate into one payment with a refi. We’ll run side-by-side comparisons. HELOC info »
12) Is USDA available near me?
If the property is in an eligible area and you meet income caps, USDA can be a great zero-down option. Check USDA »
13) What debt-to-income ratio do I need?
DTI is program-specific and impacted by credit, LTV, reserves, and AUS results. We’ll run your exact file. Test scenarios »
14) How do seller concessions work in Colorado?
Limits vary by program and occupancy. We’ll structure credits to reduce cash to close or fund a buydown based on your goals. Understand credits »
15) Can I buy a multi-unit with VA?
Yes—up to four units when you occupy one unit, subject to program rules and underwriting. VA multi-unit info »
16) Are temporary buydowns allowed?
Often yes (2-1 or 1-0). We’ll confirm eligibility by program and show real payment impact. See buydown math »
17) What is manual underwriting?
A human underwriter evaluates your file beyond automated findings—especially useful on VA with unique credit history. Manual UW help »
18) I’m self-employed—do bank statement loans work?
Yes—Non-QM bank statement programs can qualify based on business deposits rather than tax returns. Bank statement loans »
19) What’s the difference between a second mortgage and a HELOC?
A second mortgage is typically a fixed lump sum; a HELOC is a revolving line you draw as needed. Second mortgage vs HELOC »
20) Do you lend outside Colorado?
Yes—we serve borrowers in 49 states (New York excluded) while remaining deeply rooted in Colorado Springs and the Front Range. About the JD.Mortgage Team »
Ready to Talk Numbers?
Whether you’re just exploring or writing an offer this week, a quick conversation with our team will clarify your path and save time for everyone involved. You deserve tailored advice, not a generic rate quote. Message the JD.Mortgage Team now »
Closing Note: All Loan Types We Offer
We serve Colorado borrowers with a full menu: VA, FHA, USDA, Down Payment Assistance, Investment Property, Non-QM (DSCR, Bank Statement, ITIN, Asset Depletion), HELOCs, Second Mortgages, Reverse, and Construction Loans. If you don’t see your scenario, ask—we likely have a solution. Start at the top to explore your options »