The Best Mortgage Lenders in Commerce City, CO
Compare verified mortgage lenders serving Commerce City, Colorado. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Commerce City
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate
Guaranteed Rate is a top-rated national mortgage lender with a strong local presence in the Denver metro area, including Commerce City. Known for its innovative online platform and competitive rates, the company has consistently high customer satisfaction ratings due to its efficient loan processing, transparent pricing, and wide range of loan products. With over two decades of experience, they are praised for their responsive customer service and ability to handle complex mortgage scenarios, making them a reliable choice for homebuyers in Colorado.
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New American Funding
New American Funding
New American Funding is a highly regarded mortgage lender serving Commerce City and the broader Colorado region, with a reputation for exceptional customer service and diverse loan options. They specialize in helping first-time homebuyers, low-to-moderate income families, and diverse communities, offering competitive rates and personalized support. Their high ratings stem from a commitment to transparency, quick turnaround times, and a community-focused approach, backed by over 20 years of industry experience and numerous positive reviews for their knowledgeable loan officers.
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Movement Mortgage
Movement Mortgage
Movement Mortgage is a reputable lender with a significant presence in the Denver area, including Commerce City, known for its customer-centric approach and efficient loan processes. They excel in providing fast closings and competitive rates, with a focus on community engagement and supporting local homebuyers. Their high customer satisfaction ratings are attributed to their streamlined application system, dedicated loan officers, and commitment to giving back through charitable initiatives, making them a trusted choice for mortgages in Colorado.
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Frequently Asked Questions
Common questions about mortgage lending in Commerce City, CO
What are the current mortgage rates like for homes in Commerce City, CO?
Mortgage rates in Commerce City are competitive with the broader Denver metro area, typically ranging from the mid-6% to low-7% for a 30-year fixed-rate loan as of late 2023. Your specific rate will depend on credit score, loan type, and down payment. Local lenders familiar with Adams County's market can often provide the most accurate and competitive rate for Commerce City properties.
Are there any first-time homebuyer programs specific to Commerce City that I should know about?
Yes, Commerce City homebuyers can access the Colorado Housing and Finance Authority (CHFA) loan programs, which offer competitive rates and down payment assistance. Additionally, the City of Commerce City itself offers a Down Payment Assistance Program for income-qualified buyers purchasing within city limits, providing up to $10,000 as a zero-interest, forgivable loan.
How does Commerce City's property tax rate affect my monthly mortgage payment?
Commerce City has a relatively high property tax rate compared to other Denver metro areas, currently around 0.85% of assessed value. This means your escrow payment included in your monthly mortgage will be higher than in neighboring cities with lower rates. When budgeting for your mortgage payment, factor in this higher tax burden specific to Adams County.
What special mortgage considerations should I know about for buying near the Suncor oil refinery in Commerce City?
Properties located in certain areas near industrial zones, including the Suncor refinery, may require additional lender scrutiny. Some lenders might require extra inspections or have specific lending guidelines for these locations. It's crucial to work with a mortgage professional experienced in Commerce City who understands these unique property considerations and can navigate any potential lending challenges.
Are there any local mortgage programs that help with energy-efficient home improvements in Commerce City?
Yes, through the Colorado Energy Office's Colorado Clean Energy Fund, Commerce City homeowners can access PACE financing and energy-efficient mortgages that allow you to finance energy upgrades into your home loan. Additionally, Xcel Energy offers rebates and incentives for energy-efficient improvements that can complement these financing options, making green home improvements more affordable.
Nearby Cities
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Why Choose a Mortgage Lender in Commerce City?
Local Market Knowledge
Lenders who understand Commerce City'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 Commerce City and get competitive rates on your home loan.