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Mortgage Broker Denver CO | Home Loans | Front Range Mortgage

Are you ready to purchase or refinance a home in CO? In Denver call (303) 500-1900 for your free consultation and get pre-qualified in one hour.

Denver Office:

(303) 500-1900
(719) 540-2020
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FHA Loans
in Colorado

Get Pre-Approved in 5-Minutes!

We’ve Got Your Six!

Trying to buy a home affordably without a perfect credit score or a lot of money for a down payment may feel like a challenge. But it doesn’t have to be. The FHA mortgage program was created specifically for first time homebuyers and others in this situation.

You can qualify for an FHA loan even without a perfect FICO score, and you only need to put 3.5% down on a home.


What is an FHA Loan?

The FHA loan program is a government-insured lending program backed by the Federal Housing Administration (FHA). When you take out an FHA mortgage, the Federal Housing Administration guarantees it.

Since the lender is protected should you default, you can qualify more easily for more favourable terms.

What are the Benefits of FHA Mortgages in Colorado?

Check out some of these Colorado FHA Loan advantages:

Move into a new home now without a large down payment. The down payment for an FHA loan is between 3.5% and 10%. If your score is 580 or above, you qualify for 3.5% down. If it is between 500 and 579, you qualify for 10% down.

Credit qualification for this type of loan is relaxed compared to requirements for conventional financing.

Debt-to-income (DTI) ratio requirements for an FHA mortgage are likewise not as strict.

FHA mortgages have more affordable interest rates than comparable conforming loans with no government insurance.

Closing costs, when not paid for by the seller, have a low cap.

Home purchase is not the only thing you can do with an FHA loan. You can also build a home, repair or upgrade one, or refinance a loan.

FHA loans can have fixed or adjustable mortgage rates.

Are You Eligible for a Colorado FHA Loan?

If you are excited by the prospect of a low down payment, affordable mortgage rates, and low closing costs, you are probably wondering whether you can get an FHA loan.

You do not need to be a first time homebuyer.

You must be purchasing or refinancing a primary residence, not a second home.

The minimum credit score required is 500.

Your debt-to-income (DTI) ratio must be no higher than 56.9%.

Document that you have been employed steadily for the past two years and that your professional life is stable.

A clear credit alert interactive voice response system (CAIVRS) report is a must.

Be ready to pay for private mortgage insurance (PMI) each month.

A prior bankruptcy or foreclosure does not disqualify you after the waiting period.

What Our Clients Are Saying

Front Range Mortgage
Front Range Mortgage
4.8
Based on 23 reviews
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Ethan Tait
Ethan Tait
15:54 20 Apr 23
Great experience from start to finish with Brian and his team. Constant communication, provided all the options available to us, and made the process seamless as can be. Walked us through every step in the process, if something did come up he was quick to communicate and provide all the information we needed to make an educated decision. 10/10 would recommend and we will hopefully be working with Brian and his team again in the future.
Michael Kearns
Michael Kearns
17:23 18 Apr 23
I'm a REALTOR in Denver, CO. Brian Murphy and his team at Front Range Mortgage have helped two of our clients purchase new homes. Both transactions closed on time, good interest rates, and with no drama! Great job!
Alex
Alex
01:45 16 Mar 23
This was my first time applying for a Mortgage, and I'm glad to have chosen Front Range. Professional, kind, and quick service got us cleared to close in about 2 weeks. The whole process went very smoothly, so big thanks to Brian and Ryan for working with me and always being available to answer my questions along the way.
David Day
David Day
21:11 19 Aug 22
They were professional, positive and great to work with. Going through a mortgage process is never fun, but they were fast, efficient and on top of the process through the whole thing.We closed on time with no issues. I highly recommend them!
Robert Evans
Robert Evans
01:09 19 Jul 22
Called Front Range Mortgage and Brian answered. A few questions later we had the basics done and within 2 or 3 weeks it was a done deal! Was never passed over to anyone else until the final closing documents. Brian was available for all questions and was quick to respond. Definitely recommend
Sherry Nelson
Sherry Nelson
21:53 15 Jul 22
I wanted to share this company front range mortgage is the best!there very helpful and understanding ryan and brian we really like how professional they are and to the point!i would give them A 100 percent recommend refiance threw this company.
Maverick Boch
Maverick Boch
12:14 30 Jun 22
I have had the pleasure of working with Front Range Mortgage and Brian personally for over a year now. Their team is committed to helping their clients find the right mortgage solution for their financial needs. All while providing an industry leading lending experience. Anyone looking for a mortgage in Colorado I suggest reaching out to Front range mortgage today!
patrick driscoll
patrick driscoll
22:51 29 Jun 22
Brian and his team are a valuable client and an excellent choice to handle your next mortgage transaction.
joe conway
joe conway
20:49 29 Jun 22
Easy transaction. Buyers were surprised at the smoothness. Responsive team.Very pleased with this lender. Highly recommend.
Timothy Scholes
Timothy Scholes
21:18 19 Jun 22
Dennis Linn
Dennis Linn
18:26 18 Aug 21
We had a great experience at Front Range. Victoria took excellent care of us and we got a tremendous rate. I had a little trouble but they worked right through it without a hitch.If I ever re-fi again I’ll be right back here to do it.Thanks
CindyJo Abbott
CindyJo Abbott
03:51 15 Aug 21
I work with Victoria and Brian as a loan closing specialist. I have received so much POSITIVE feedback about how much everyone loves working with both of them. I always have a great conversation and extreme professionalism is always at the forefront.If you need/want to refi, go through a home purchase, etc … and are unsure where to go or who to talk to, look no further than Front Range Mortgage with Victoria or Brian …. You never know, you might get lucky and have me conduct your closing. ☺️😉
Clemente Galang
Clemente Galang
01:32 01 Feb 21
They were there when I needed them the most.
Mark Thompson
Mark Thompson
17:13 25 Jan 21
Dominic Lupori
Dominic Lupori
15:59 25 Jan 21
great people, super fast, pleasant experience
John B
John B
01:51 23 Jan 21
Matthew Hayden
Matthew Hayden
01:10 23 Jan 21
I have used Front Range Mortgage for several VA mortgage refinances. Each time they provide detailed comparisons of my options. The customer service is second to none and closing is a breeze! Victoria and Ryan had my loan closed and funded in less than 10 days!
rlrpjr1914
rlrpjr1914
23:40 22 Jan 21
Derek De Poy
Derek De Poy
23:39 22 Jan 21
Wiley Long
Wiley Long
00:14 16 Apr 20
Brian is the utmost professional. If you want no-hassle fast service and someone who will work in your interests, this is the place.
Mike Searls
Mike Searls
13:39 31 Mar 20
Front Range Mortgage does an amazing job - an advocate for their clients. The entire team is first rate and they really care. I highly recommend.
Kurt Rhea
Kurt Rhea
21:29 30 Mar 20
I know Brian personally - his work ethic and passion for helping people is above reproach and I am proud to be associated with him. - Kurt
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Apply for an FHA Loan in Colorado Now

Think you might qualify for an FHA mortgage and all of its advantages? We can help you find out. To get started Click below or call (303) 500-1900 in Denver.


Get Pre-Approved in 5-Minutes!

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