Welcome to the Colorado Home Mortgages' (CHM) Rate Introduction Page. Colorado Home Mortgages (CHM) provides this information every weekday for transparency and borrower education. Personal quotes are often better than the interest rates shown and are available in just minutes, without asking for a social security number for an upfront credit check, without obligation. Please CALL 303-471-4445 TODAY to find out why Colorado Home Mortgages is a trusted local Colorado lender.
Many additional loan programs are available including Temporary Interest Rate Buydowns, Interest-only payments, 40-year Amortizations, Non-QM, DSCR loans, Bank Statement Qualifying, Bridge Loan Financing, Fix & Flip, Down Payment Assistance up to 5%, CHOOSE YOUR OWN LOAN TERM, etc.
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Pricing is reflected as of the morning rate sheet on April 18, 2024. Rates are subject to change without notice and often personalized quotes are better pricing than shown.
| 30-Year Fixed First-Time Home Buyer (No ownership in last 3 years) |
| Rate | Points or Lender Credit(-) | APR | Lock Days |
| 6.750% | 0.875% | 6.871% | 30 |
| 6.875% | 0.500% | 6.960% | 30 |
| 6.990% | 0.000% | 7.026% | 30 |
| 7.125% | -0.125% | 7.161% | 30 |
| 7.250% | -0.625% | 7.286% | 30 |
| 7.500% | -1.250% | 7.500% | 30 |
The APR is calculated using a loan amount of $580,000 and typical fees. Eligible for First Time Home Buyers with < 120% Area Median Income. Contact CHM now for more details. |
| 30-Year Fixed Conforming - Eligible for 2% lower starting rate payment* |
| Rate | Points or Lender Credit(-) | APR | Lock Days |
| 6.990% | 0.875% | 7.113% | 30 |
| 7.125% | 0.625% | 7.224% | 30 |
| 7.250% | 0.250% | 7.311% | 30 |
| 7.375% | 0.000% | 7.411% | 30 |
| 7.625% | -0.500% | 7.662% | 30 |
| 7.875% | -1.000% | 7.875% | 30 |
The APR is calculated using a loan amount of $580,000 and typical fees. *Eligible for Seller paid 2-1-0 interest rate buydown. Contact CHM now for more details.
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Agency SOFR ARMs - program disclosure available upon request |
7/6 @ 7.500% | 1.000% | APR = 7.752% | Lock Days 30 |
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| 20-Year Fixed Conforming - Eligible for 2% lower starting rate payment* |
| Rate | Points or Lender Credit(-) | APR | Lock Days |
| 6.875% | 0.875% | 7.035% | 30 |
| 6.990% | 0.500% | 7.101% | 30 |
| 7.125% | 0.375% | 7.220% | 30 |
| 7.250% | 0.000% | 7.297% | 30 |
| 7.500% | -0.625% | 7.547% | 30 |
| 7.875% | -1.125% | 7.875% | 30 |
The APR is calculated using a loan amount of $580,000 and typical fees. *Eligible for Seller paid 2-1-0 interest rate buydown. Contact CHM now for more details. |
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| 15-Year Fixed Conforming - Eligible for 2% lower starting rate payment* |
| Rate | Points or Lender Credit(-) | APR | Lock Days |
| 5.990% | 1.000% | 6.203% | 30 |
| 6.250% | 0.500% | 6.385% | 30 |
| 6.375% | 0.250% | 6.471% | 30 |
| 6.500% | 0.000% | 6.557% | 30 |
| 6.875% | -0.500% | 6.932% | 30 |
| 7.250% | -1.125% | 7.250% | 30 |
The APR is calculated using a loan amount of $580,000 and typical fees. *Eligible for Seller paid 2-1-0 interest rate buydown. Contact CHM now for more details. |
| 30-Year Fixed Jumbo |
Rate Points or Lender Credit(-) APR Lock Days |
| 6.875% | 0.596% | 6.691% | 30 |
| 7.125% | -0.130% | 7.803% | 30 |
The APR is calculated using a loan amount of $1,500,000, 25% down payment and typical fees. |
-| FHA 30-Year Fixed APR example calculated at $482,500 base loan, financed UFMIP and typical fees. |
| Rate | Points or Lender Credit(-) | APR | Lock Days |
6.625%
6.990% | -0.034%
-0.587% | 7.500%
7.564% | 30
30 |
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| VA 30-Year Fixed 1st-time Use APR example calculated at $600,000 base loan, financed Funding Fee and typical fees. |
| Rate | Points or Lender Credit(-) | APR | Lock Days |
6.250%
6.375% | 0.375%
0.000% | 6.303%
6.609% | 30
30
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Conforming Fixed-Rate loan pricing example is an owner-occupied purchase transaction with a sale price of $625,000 using a 20% down payment, loan amount of $500,000, debt ratio not to exceed 43% and middle credit score of 740. The down payment minimum in FHA loan pricing is a 3.5% down payment on a sample $625,000 sale price, a debt ratio not to exceed 55% and a middle credit score of 720. APRs Include mortgage insurance premiums payable monthly and upfront premium paid in cash, if applicable. Down payment minimum for VA loan pricing is 0% with the Funding Fee paid in cash. Contact Colorado Home Mortgages, Inc. for specific program product descriptions. POINTS reflected INCLUDE Origination Points, if applicable. Additional programs and pricing options are available.
Mortgage services offered by Colorado Home Mortgages, Inc. may be provided as a creditor or mortgage broker and determined by the loan program and individual loan qualifications. Creditor and loan servicer are subject to change and should not be expected to be a specific lender or credit union. Colorado Home Mortgages, Inc. will utilize the best available program, creditor, investor and servicer as determined by each borrower's goals and qualifications. A credit union that introduces Colorado Home Mortgages, Inc. may or may not originate first mortgage loans although may be a creditor or investor in the purchase of a mortgage loan origination. Colorado Home Mortgages, Inc. products and services are being introduced as a resource for the consumer to assist with education and shopping for products and services available in the market.