NMHL Mortgage Lending
Mortgage Lender in Broomfield, CO
Local expertise and competitive rates for Broomfield homebuyers.
Broomfield Housing Market Overview
Explore mortgage options in Broomfield, CO with NMHL. Our local expertise helps you navigate the Broomfield real estate market with competitive rates and personalized service.
See What You Qualify For
Takes about 5 minutes. No obligation. No credit check until you are ready.
Your Local Mortgage Partner
We understand the local market dynamics that affect your home purchase. Our team provides personalized loan options based on local property values and regulations.
Available Loan Programs in Broomfield
Explore mortgage options tailored to Broomfield homebuyers
First Time Home Buyer Mortgages
Special loan programs helping newcomers purchase their first home with favorable terms and support.
Learn MoreRefi-Shield
Learn MoreAdjustable-Rate Mortgage (ARM)
Financial flexibility and optimal rates with an Adjustable-Rate Mortgage – Your key to a dynamic homeownership journey
Learn MoreHigh-Value Appraisal Program
Learn MoreInterest Only Mortgages
Interest-only mortgages allow borrowers to pay only the interest for a set period, reducing initial monthly payments.
Learn MoreHome Equity Loans
Access the equity in your home with a fixed-rate home equity loan. Get a lump sum with predictable monthly payments for ...
Learn MoreFHA Loans
Federal Housing Administration (FHA) loans are government-backed mortgages designed to help first-time homebuyers and th...
Learn MoreFixed-Rate Mortgage
Lock in your interest rate for the life of the loan with a fixed-rate mortgage. Predictable monthly payments make budget...
Learn MoreBridge Loans
Bridge the gap between buying your new home and selling your current one. Short-term financing that gives you the flexib...
Learn MoreVA Loans
VA loans are a benefit earned by veterans, active-duty service members, and eligible surviving spouses. Backed by the De...
Learn MoreConventional Loans
Conventional loans are not backed by government agencies and typically offer the most flexibility for qualified borrower...
Learn MoreITIN Loans
Purchase a home using your Individual Taxpayer Identification Number (ITIN) without a Social Security Number. NMHL is co...
Learn MoreJumbo Loans
Jumbo loans exceed conforming loan limits and are designed for luxury properties and homes in high-cost areas. With comp...
Learn MoreDSCR Investment Loans
Debt Service Coverage Ratio (DSCR) loans qualify based on rental income rather than personal income. Perfect for real es...
Learn MoreBank Statement Loans
Bank statement loans are designed for self-employed borrowers and business owners who have difficulty documenting income...
Learn MoreReverse Mortgages
For homeowners 62 and older, reverse mortgages allow you to access your home equity without monthly payments. Stay in yo...
Learn MoreUSDA Mortgages
USDA Rural Development loans help moderate-income buyers purchase homes in eligible rural and suburban areas. With no do...
Learn MoreHeloc
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Understanding Broomfield's Housing Market
Broomfield's housing market is characterized by a mix of new construction and established neighborhoods. The median home price is around $640,000, with prices varying depending on factors like location, size, and amenities. As a growing community, Broomfield continues to attract new residents and businesses, driving demand for housing.
Some of the most popular neighborhoods in Broomfield include:
- Anthem Ranch
- Broomfield Heights
- Steeplechase
These areas offer a range of housing options, from starter homes to luxury properties. NMHL's local expertise can help you understand the mortgage implications of different neighborhoods and find the best fit for your needs.
Broomfield's competitive housing market means that getting pre-approved for a mortgage quickly is crucial. Contact NMHL today to start your pre-approval process.
Mortgage Options for Broomfield Residents
At NMHL, we offer a range of mortgage programs tailored to Broomfield residents' needs. Our options include:
- FHA loans with down payments as low as 3.5%
- VA loans for veterans and active military
- Conventional loans with competitive rates
- Jumbo loans for high-end properties
Our team is experienced in working with borrowers across various financial situations, including those with bad credit, self-employed individuals, and first-time buyers. We can help you navigate the mortgage process and find the best program for your situation.
Don't let bad credit hold you back from achieving homeownership. NMHL's specialized programs can help you secure a mortgage despite credit challenges.
Property Taxes and Insurance in Broomfield
As a homeowner in Broomfield, you'll need to consider property taxes and insurance as part of your overall housing costs. Broomfield's average effective property tax rate is 0.62%, which is relatively low compared to other Colorado counties.
Property taxes are calculated based on the assessed value of your home, and you can expect to pay around $3,968 annually on a $640,000 home. NMHL can help you factor property taxes into your mortgage planning and ensure you're prepared for the ongoing costs of homeownership.
Understanding property taxes and insurance is crucial for budgeting as a homeowner. NMHL's team can help you navigate these costs and plan for the future.
First-Time Homebuyer Programs in Broomfield
Broomfield is a great place for first-time homebuyers, with various programs available to help make homeownership more accessible. NMHL offers specialized programs for first-time buyers, including down payment assistance options and competitive rates.
Some popular programs for first-time buyers in Colorado include:
- The Colorado Housing and Finance Authority (CHFA) Down Payment Assistance Program
- The Colorado First-Time Homebuyer Program
Our team can help you navigate these programs and determine your eligibility. We also offer our own down payment assistance options, which can be combined with other programs for maximum benefit.
Don't miss out on the opportunity to become a homeowner in Broomfield. Contact NMHL today to explore your first-time homebuyer options.
Frequently Asked Questions
Mortgage rates in Broomfield vary depending on the loan program and your financial profile. At NMHL, we offer competitive rates starting from 6.5% APR for conventional loans. Contact us for a personalized rate quote and to discuss your mortgage options.
First-time homebuyers in Broomfield can benefit from various mortgage programs, including FHA loans with down payments as low as 3.5%. NMHL also offers specialized programs for first-time buyers, including down payment assistance options. Our team can help you navigate these programs and find the best fit for your situation.
Broomfield's average effective property tax rate is 0.62%, which is relatively low compared to other Colorado counties. Property taxes are calculated based on the assessed value of your home, and you can expect to pay around $3,968 annually on a $640,000 home. NMHL can help you factor property taxes into your mortgage planning.
Broomfield has several desirable neighborhoods, including Anthem Ranch, Broomfield Heights, and Steeplechase. These areas offer a mix of new construction, family-friendly amenities, and access to local schools and shopping. NMHL's local expertise can help you understand the mortgage implications of different neighborhoods.
While bad credit can make it more challenging to secure a mortgage, NMHL offers specialized programs for borrowers with less-than-perfect credit. We consider factors beyond credit scores, such as income stability and debt-to-income ratio. Our team can help you explore your options and develop a plan to improve your creditworthiness.
Broomfield residents can access various down payment assistance programs, including the Colorado Housing and Finance Authority (CHFA) Down Payment Assistance Program. NMHL can help you navigate these programs and determine your eligibility. We also offer our own down payment assistance options, which can be combined with other programs for maximum benefit.
Related Resources
Ready to Buy in Broomfield?
Let NMHL help you navigate the Broomfield housing market with expert guidance and competitive rates.