Mortgage Loan Products
Seth Taylor Mortgage and Home Loans in Denver makes it easy to achieve your goal of buying or refinancing your Colorado home. I make applying for a home loan easy and simple. Just contact me, get started and apply online today!
Affordable Mortgage Programs
Dreaming about owning a home, but think you haven't earned enough, or you're hesitating because you haven't saved enough for a down payment? Seth Taylor Mortgage and home loan will find a great loan program for you, with an affordable payment, and little money down. Many of our Affordable Mortgage Programs are perfect for the first-time homebuyer and offer benefits, including:
• Lower rates to reduce your payments.
• Flexible underwriting that makes qualification easier.
• Low down payment requirement.
No Down Payment Options
Seth Taylor mortgage and home loan offers many loan programs that allow you to purchase a home or investment property with little money down. (Normal closing costs apply.)
• 100% Financing - We still have "no down" financing programs, including the popular 1st and 2nd 80/20 program. With an 80/20 loan, 80% of your home purchase is a first mortgage, and 20% is funded by a 2nd loan.
• VA Loans - 100% financing is available by the Veterans Administration, for loans used for home purchases.
• FHA Loans - When using available grant money, 100% financing with a FHA loan is achievable.
back to top
Fixed Rate Mortgage 30 year/ 20 year /15 year/ 10 year fixed
Fixed rate loans are stable and conservative options if you plan on staying in your home for more than 5 years and prefer the stability of a fixed interest rate that won't rise. A Fixed Rate Mortgage is ideal for the peace of mind in knowing that whether the interest rate environment is going up or coming down, your mortgage rate is locked throughout the life of your home loan.
back to top
Adjustable Rate Mortgages (ARMS)
Adjustable Rate Mortgages (ARMs) could be the best choice if you plan to stay in your home less than 5 years, or expect your income to increase in a few years. Our Mortgage ARMs provide a lower start rate than a Fixed mortgage, which may mean lower payments. After an initial period in years (adjustment periods will vary depending on the program you select) the interest rate will go up or down based on market conditions and Index selected.
back to top
Balloon Loan Program
These loans have the stability of Fixed mortgages for a time period (usually 5 or 7 Years) which is conditional on the balloon you choose. After the initial fixed rate ends, the remaining balance of the mortgage is due and must be paid in full. This is a good program if you will sell or Denver refi the home before the balloon is due.
back to top
Bad Credit or Less-Than-Perfection Credit Options
Your credit history may not be great, but that shouldn't be a big obstacle to your dream of owning a home, Seth Taylor Mortgage and Home loan of Denver has multiple home loan programs, that include Affordable Mortgage Programs or Government Loans, which may just get you the house your family deserves. I serve your Denver, Colorado refinancing needs.
back to top
No-Doc/NINJA/Stated Income/NINA/ In Denver, CO
If you have excellent credit scores, you probably qualify for this mortgage loan, which doesn't require income Verification or asset verification. Since the mortgage meltdown, you will pay a much higher interest rate, and must have excellent credit scores and significant reserves.
back to top
Jumbo Mortgages above $417,000
If you are ready to buy a Denver luxury home or build your own custom home, Seth Taylor Jumbo Mortgages (mortgage amounts above $417,000) offer options from virtually all major mortgage servicing.
back to top
Government FHA and VA Loan programs
Seth Taylor Mortgage can provide mortgages using FHA or VA mortgages that will extend to 100% or lower (97%) down payments. Underwriting requirements for these loans are more lenient than standard conventional mortgage programs - contact Seth to see if you qualify for FHA or VA. These loans can be used for home purchase, refinance and 203k home improvements. Many terms, and Fixed or Adjustable Rates are also available.
back to top
Interest Only Programs
Seth Taylor Mortgage and Home Loans can offer programs that allows the flexibility of interest only payments to keep your housing payment low and affordable. With "interest only" programs, you afford a larger loan and more house!
back to top
Non-Conforming Loans and portfolio loans
Specialized mortgage needs require expert analysis. Seth Taylor has numerous programs available for long-term needs. We can help you obtain construction loans, bridge or mezzanine loans and property rehabilitation loans.
back to top
Non-Owner Occupied Residential 1-4 Loans
For investment properties, we can offer investor financing for investment 1-4 family homes with fixed and adjustable ARM rates.
back to top
Manufactured and Prefab Homes
Seth Taylor Mortgage and Home loans provides a few options for a mortgage on your manufactured home purchase. Contact me for the options that suit your needs.
back to top
Rehabilitation Loans for residential and commercial properties
Thinking about buying a home that is a fixer-upper or needs a face lift? If so, Seth Taylor mortgage and home loans has a great loan program for you. Our rehab fix and flip loan offers up to a 95% LTV (loan to value), 1 year to improve your property and a 1 time only close. This is a fantastic way to make your home the home of your family's dreams.
back to top
Reverse Mortgages Colorado
Reverse mortgages are an option for homeowners 62 years old and over to secure a new source of funds to pay off existing home mortgage loans or other debt. Also you may use a reverse mortgage in Denver to finance home repairs and medical expenses. Denver Reverse mortgages allow homeowners to capitalize on the value of their homes and these special loans do not require repayment until the borrower(s) no longer use the home as their primary residence or upon death.
For more information about reverse mortgages in Colorado, please call Seth Taylor at (303) 573-1200
back to top
Refinancing Colorado
Refinance to lower your monthly payment or obtain cash from your equity. We have a variety of attractive refinancing options. All the programs above can be used to refinance your Denver Colorado Home.
back to top
FHA Secure Initiative for the mortgage meltdown/mortgage crisis
Seth Taylor Mortgage and Home Loans is now offering the Colorado FHA Secure Initiative to enable a homeowner to refinance many types of non-FHA Arms that have recently reset and have payments that are no longer manageable. The true intent of this initiative is to assist non-FHA borrowers who have been affected by rate adjustments and a reduction of equity due to the housing crisis in Denver. It is designed to allow homeowners to avoid a financial hardship after the adjustment or reset of their ARM home loan. An ability to repay a mortgage must be demonstrated to be eligible for eligibility to refinance into an FHA mortgage. In many cases, a homeowner will be permitted to include missed mortgage payments into the new FHA mortgage loan.
back to top |
|
