Longmont is a diverse city with a range of neighborhoods to suit different lifestyles and preferences. The historic downtown area offers charming homes and a vibrant community atmosphere. Gunbarrel and Twin Peaks are popular for their family-friendly environments and access to outdoor recreation. When choosing a neighborhood, consider factors like school districts, commute times, and local amenities.

• Downtown Longmont: Known for its historic charm and community events.
• Gunbarrel: A family-friendly neighborhood with access to parks and recreation.
• Twin Peaks: Offers a mix of housing types and scenic views.

Colorado offers several programs to help first-time homebuyers achieve their goals. The Colorado Housing and Finance Authority (CHFA) provides down payment assistance and competitive interest rates. NMHL is an approved CHFA lender and can guide you through the application process. First-time homebuyers may be eligible for up to 4% down payment assistance and favorable loan terms.

To qualify, you'll typically need to complete a homebuyer education course and meet income limits. NMHL's experienced loan officers can help you understand the requirements and find a program that fits your situation.

Property taxes in Longmont are an important consideration for homeowners. The average effective property tax rate is approximately 0.52% of the assessed value. For a $550,000 home, this translates to around $2,860 annually. NMHL can help you factor property taxes into your mortgage payments and explore options for tax-advantaged mortgage products.

It's also worth noting that Colorado offers a homestead exemption, which can reduce your taxable property value. NMHL's knowledgeable loan officers can provide guidance on how to maximize your tax benefits as a homeowner in Longmont.

At NMHL, we're committed to helping underserved borrowers achieve their homeownership goals. Our specialized mortgage programs cater to individuals with bad credit, self-employed borrowers, and those recovering from financial hardship. We understand that every borrower's situation is unique and offer personalized guidance to help you navigate the mortgage process.

Our loan officers are experienced in handling complex mortgage situations and can help you explore options like FHA loans, VA loans, and alternative documentation programs. With NMHL, you can benefit from competitive rates and flexible underwriting criteria.