The Best Mortgage Lenders in Boulder, CO
Compare verified mortgage lenders serving Boulder, Colorado. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Boulder
Featured Mortgage Lenders
John Iammarino
Elevations Credit Union
Elevations Credit Union is consistently ranked among the top mortgage lenders in Boulder County, earning numerous local awards and maintaining exceptional customer satisfaction ratings. As a member-owned financial cooperative deeply embedded in the Boulder community, they offer highly competitive rates and personalized service. Their mortgage team specializes in Boulder's unique real estate market, including expertise with green energy-efficient homes and local housing challenges. With multiple Boulder locations and deep community ties, they provide comprehensive mortgage solutions with local underwriting and decision-making.
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Scott Kessel
Fairway Independent Mortgage Corporation - Boulder
Fairway Independent Mortgage's Boulder branch, led by Scott Kessel, has built an outstanding reputation for exceptional service and competitive rates in the Boulder market. They consistently receive top ratings for their responsive communication and efficient loan processing. The local team has extensive experience navigating Boulder's competitive real estate environment and complex property types. As part of a nationally recognized mortgage company, they combine local expertise with extensive lending resources, offering a wide range of loan products specifically tailored to Colorado homebuyers and homeowners.
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Mike Welu
Cherry Creek Mortgage - Boulder
Cherry Creek Mortgage has maintained a strong Boulder presence for decades, earning consistent high marks for customer service and local market expertise. Mike Welu and his team are recognized for their deep knowledge of Boulder County's unique housing market, including mountain properties and high-value homes. They offer competitive rates and flexible loan programs with local processing and underwriting. The company's longevity and stability, combined with their commitment to Boulder community involvement, make them a trusted choice for both first-time homebuyers and experienced real estate investors in the area.
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Frequently Asked Questions
Common questions about mortgage lending in Boulder, CO
What are the current mortgage rates like in Boulder, CO, and how do they compare to national averages?
Mortgage rates in Boulder are often slightly higher than the national average due to the city's competitive and high-cost housing market. However, they still follow national trends closely, so it's wise to monitor both local lender quotes and broader economic indicators. Working with a local mortgage broker can help you find the most competitive rate available.
Are there any first-time homebuyer programs specific to Boulder that can help with down payments?
Yes, Boulder offers the Boulder County Down Payment Assistance Grant, which provides up to $20,000 in down payment assistance for eligible first-time buyers. Additionally, the Colorado Housing and Finance Authority (CHFA) offers programs that are widely used in Boulder, featuring low down payments and competitive interest rates for qualifying buyers.
How does Boulder's high property value and competitive market impact mortgage pre-approval and loan limits?
Boulder's high median home price means that many buyers will need jumbo loans, which exceed the conforming loan limits set by Fannie Mae and Freddie Mac. For 2023, the conforming loan limit in Boulder County is $1,089,300, but homes often exceed this, requiring stricter credit and reserve requirements. Getting a strong pre-approval with verified funds is essential to compete in this market.
What special considerations should I be aware of when getting a mortgage for a home in Boulder's foothills or mountain areas?
Homes in Boulder's foothills or mountain zones may require additional inspections and insurance, such as wildfire risk assessments, which can affect loan approval and terms. Lenders might also have specific requirements for properties with well water, septic systems, or access via private roads. It's important to work with a lender experienced in these unique Boulder property types.
Does Boulder have any energy-efficient or green mortgage incentives for eco-friendly homes?
Yes, Boulder strongly encourages energy efficiency, and some local lenders offer green mortgage products that provide better terms for homes with green certifications (like ENERGY STAR) or for financing energy-efficient upgrades. Additionally, Boulder County and state programs sometimes offer rebates or preferential financing for solar installations and other sustainable improvements, which can be rolled into your mortgage.
Nearby Cities
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Why Choose a Mortgage Lender in Boulder?
Local Market Knowledge
Lenders who understand Boulder's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Colorado.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Boulder and get competitive rates on your home loan.