The Best Mortgage Lenders in Briggsdale, CO
Compare verified mortgage lenders serving Briggsdale, Colorado. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Briggsdale
Featured Mortgage Lenders
Elevations Credit Union Mortgage Team
Elevations Credit Union
Elevations Credit Union is one of northern Colorado's most highly-rated mortgage lenders with extensive experience serving rural communities like Briggsdale. They offer specialized USDA rural development loans perfect for Briggsdale properties, along with competitive construction and land loans. Their local underwriting team understands the unique aspects of Weld County properties and agricultural lending needs. Members consistently praise their personalized service, transparent process, and competitive rates.
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The Mortgage Company
The Mortgage Company
This Fort Collins-based mortgage broker has served northern Colorado communities including Briggsdale for over 25 years. They specialize in rural property financing and have extensive experience with Weld County's unique lending requirements. Customers consistently rate them highly for their expertise in agricultural property loans, construction financing, and their ability to navigate complex rural property transactions. Their local knowledge and commitment to customer service make them a top choice for Briggsdale residents.
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Guild Mortgage - Northern Colorado Team
Guild Mortgage Company
Guild Mortgage has a strong northern Colorado presence with dedicated loan officers who regularly serve Briggsdale and surrounding Weld County communities. They offer specialized USDA rural housing loans and have expertise in financing properties with wells, septic systems, and agricultural elements common in the Briggsdale area. Their local processing and underwriting teams provide personalized service, and they're known for their competitive rates and flexible loan programs tailored to rural homeowners.
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Frequently Asked Questions
Common questions about mortgage lending in Briggsdale, CO
What are typical mortgage rates for homes in Briggsdale, CO?
Mortgage rates in Briggsdale generally align with national averages but can be slightly higher due to the rural nature of the area and smaller local lender competition. As of 2024, rates for a 30-year fixed mortgage typically range from 6.5% to 7.25%, but it's best to get quotes from both local credit unions and national lenders for the most competitive offer.
Are there specific loan programs for buying rural property in Briggsdale?
Yes, the USDA Single Family Housing Guaranteed Loan Program is particularly relevant for Briggsdale, as much of the area qualifies for this zero-down-payment program. This is an excellent option for low-to-moderate income buyers purchasing in this designated rural area, making homeownership more accessible without a large down payment.
How does Briggsdale's agricultural zoning affect mortgage options?
Properties with agricultural zoning in Briggsdale may require specialized rural or agricultural loans rather than conventional mortgages. Lenders often have stricter requirements for these properties, including larger down payments and additional documentation of income from farming operations. It's crucial to work with a lender experienced in rural Colorado real estate.
What should I know about well and septic system requirements for Briggsdale mortgages?
Most lenders require satisfactory well yield tests and septic system inspections before approving mortgages in Briggsdale, where municipal water and sewer are often unavailable. These tests typically need to show adequate water flow (usually 3-5 gallons per minute) and a functioning septic system, with costs ranging from $500-$1,500 that the buyer typically covers.
Are there any Colorado-specific first-time homebuyer programs available in Briggsdale?
Yes, the Colorado Housing and Finance Authority (CHFA) offers several first-time homebuyer programs accessible in Briggsdale, including down payment assistance and competitive rate first mortgages. These programs can be combined with CHFA's Mortgage Credit Certificate, which provides a federal tax credit to reduce your tax liability annually.
Why Choose a Mortgage Lender in Briggsdale?
Local Market Knowledge
Lenders who understand Briggsdale'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 Briggsdale and get competitive rates on your home loan.