Your local Colorado Springs Mortgage Broker.
Local, Local, Local. 719 Lending is a premier Colorado Springs mortgage broker. We believe in being transparent, friendly and 100% honest. For the best experience with mortgage loans in Colorado Springs combined with incredible rates, contact us today!
We Love Technology!
Our unique system allows you to buy a home completely using technology. It’s fast, it’s transparent and 100% at your fingertips. In addition to the ease of use, our system will provide constant updates through text, email, and our online portal. You always know where your loan is!
We Love Meeting Our Clients!
Although our technology allows you total freedom, we love to meet our clients face to face to go over mortgage loans in Colorado Springs. Being a local Colorado Springs mortgage lender and broker gives us the opportunity to know each other on a deeper level, and make sure all of your questions are answered. Our office is conveniently located in Downtown Colorado Springs.
Are you a Veteran?
We love being able to help our veterans with their goals of home-ownership! Did you know that VA home loans perform better than any other kind of loan? Watch our video on What sets Colorado VA Loans apart.
Working with a Colorado Springs mortgage broker.
It is important that your mortgage lender or broker listen to and answer your questions. Whether you are a first-time homebuyer or a seasoned pro, there are no bad questions. A good broker will take the time to make sure you understand everything about your loan. The 719 Lending team is here to guide you every step on your path to home ownership.
Is Owner’s Title Insurance Optional in Colorado?
Colorado buyers can decline the owner's title insurance policy, but most lenders require a lender's policy to close the loan. This guide explains what each policy protects, who decides, who typically pays, and what you give up if you skip the owner's coverage.
Does PMI Protect the Buyer or the Lender? The Real Answer
Private mortgage insurance sounds like protection for you, but it isn't. PMI protects the lender if the borrower defaults. Here's what that means for your monthly mortgage payment, what PMI does and does not cover, and the federal rules that let you cancel it.
How Does an Adjustable Rate Mortgage Adjust After the Fixed Period?
When the introductory period on an adjustable rate mortgage ends, the interest rate resets on a set schedule using a formula written into the note: a market index plus a fixed margin, subject to caps. Here is exactly how that machinery works and where to find the rules in the loan paperwork.