If you’re buying a home in the Denver metro area and need to finance more than $417,000 of the purchase, you already know you’re in the market for a Denver jumbo loan. Rates vary on these loans, depending on the lender and loan program. Also, you will find that other terms, including down payment requirements, also vary by lender. When you start your search for a Denver jumbo loan, one of the best things you can do is contact a good mortgage broker, like Seth Taylor at Cherry Creek Mortgage.
While you certainly can approach lenders directly, that is not the best way to get competitive Denver jumbo mortgage rates, and not the best way to get the best loan for your needs. A mortgage broker works with a number of lenders and can place your application with loan officers whose products most closely match your needs, based on your particular situation.
The fact is, even during the current crisis, the Denver real estate market is one of the best markets in the country, and lenders are willing to offer mortgage loans, including jumbo loans, to qualified borrowers. You can get a loan; the point is that you want to get a loan with the best Denver jumbo mortgage rates and other terms. You don’t want “a” loan, you want “the right” loan.
That is why you need a good mortgage broker. By going it alone, or going with an average broker, you may end up with a loan that doesn’t meet your needs for the long term. You want the best Denver jumbo mortgage rates and the best terms on your loan, and you need to work with the best broker around to make sure you get exactly what you require.
If you’re determined to get the best Denver jumbo mortgage rates, on the right loan for you and your family, you need to choose a customer-focused broker whose main goal is to get you into the right loan—not to process as many applications and make as many loans as possible, but to do the absolute best for each customer.
Seth Taylor, at Cherry Creek Mortgage, is such a broker. Seth’s goal is to give his customers the best home-buying experience possible, and make sure that every homebuyer he works with gets the best loan for their needs. And those needs are not the same for every homebuyer. For instance, you need the best jumbo rates in Denver; Seth will find you that loan.
"I called Seth just to find out ifthe rate quoted by my bank was fair. It turns out that Seth offered a much lower rate/fees. My mortgage loan closed on time and I saved over $5,000 with a lower interest rate. Seth was right there every step of the way." -- Rob P. Denver
5.250 |
30 Year Fixed (5.349 APR)* |
4.750 |
15 year Fixed (4.8495 APR)* |
4.125 |
5 year ARM (4.104 APR)* |