Aurora's housing market is characterized by a mix of established communities and newer developments. The city's proximity to Denver and its growing employment base have made it an attractive destination for homebuyers. With a median home price of $450,000, Aurora offers a more affordable alternative to Denver while still providing access to the metro area's amenities and job market.

Some of the most popular neighborhoods in Aurora include Southlands, Tallyn's Reach, and Central Aurora. These areas offer a range of housing options, from affordable condos to single-family homes, and are known for their community amenities and convenient location.

• Southlands: This neighborhood is located in southeastern Aurora and features a mix of new and established homes.
• Tallyn's Reach: This community is known for its modern homes and community amenities, including parks and a community center.
• Central Aurora: This area is located near the city's downtown and features a range of housing options, including condos and single-family homes.

First-time homebuyers in Aurora have access to a range of mortgage options, including FHA loans, VA loans, and USDA loans. These programs often offer more lenient credit score requirements and lower down payment options, making it easier for first-time buyers to enter the market.

At NMHL, we also offer our own first-time homebuyer program, which provides additional benefits and incentives for borrowers who are purchasing their first home. Our team can help you navigate the different options and determine which one is best for your individual circumstances.

Some of the benefits of our first-time homebuyer program include:

• Lower down payment requirements
• More lenient credit score requirements
• Competitive interest rates
• Personalized service and support

Property taxes in Aurora are relatively low, with an average rate of 0.52%. This can help reduce the overall cost of owning a home in the city. However, it's essential to factor in other costs, such as insurance and maintenance, when calculating the total cost of homeownership.

At NMHL, we can help you understand the various costs associated with owning a home in Aurora and provide guidance on how to manage them effectively. Our team can also help you explore options for reducing your property tax burden, such as exemptions and deductions.

Some of the factors that can impact your property tax bill in Aurora include:

• The value of your home
• The location of your home
• The type of property you own (e.g. single-family home, condo, etc.)
• Any exemptions or deductions you may be eligible for

Aurora has a diverse range of neighborhoods, each with its unique character and appeal. From the established communities of Central Aurora to the newer developments in southeastern Aurora, there's a neighborhood to fit every lifestyle and budget.

Some of the most popular neighborhoods in Aurora include:

• Southlands: This neighborhood is located in southeastern Aurora and features a mix of new and established homes.
• Tallyn's Reach: This community is known for its modern homes and community amenities, including parks and a community center.
• Central Aurora: This area is located near the city's downtown and features a range of housing options, including condos and single-family homes.
• Heather Ridge: This neighborhood is located in northwestern Aurora and features a mix of established and newer homes.
• Saddle Rock: This community is located in northeastern Aurora and features a range of housing options, including single-family homes and condos.

Our team can provide you with detailed information about each neighborhood, including local schools, transportation options, and community amenities.

At NMHL, we offer a range of mortgage programs designed to meet the unique needs of Aurora homebuyers. From our first-time homebuyer program to our mortgage options for borrowers with bad credit, we have a solution to fit every situation.

Some of the benefits of working with NMHL include:

• Personalized service and support
• Competitive interest rates
• Flexible credit requirements
• A range of mortgage options to choose from

Our team is committed to helping you achieve your goal of homeownership, and we'll work with you every step of the way to ensure a smooth and successful mortgage process.

There are several down payment assistance programs available in Aurora, including the Colorado Housing and Finance Authority (CHFA) and the Adams County Down Payment Assistance Program. These programs provide financial assistance to help homebuyers with their down payment and closing costs.

At NMHL, we can help you navigate the different programs and determine which one is best for your individual circumstances. Our team can also provide guidance on how to apply for these programs and what documentation is required.

Some of the benefits of down payment assistance programs include:

• Lower down payment requirements
• More lenient credit score requirements
• Competitive interest rates
• Personalized service and support