Aspen Loan Programs

You're closer than ever to realizing your dream of home ownership, or re-financing your existing, high-priced Aspen loan. We also finance commercial properties.

Just fill out our online Aspen mortgage application,
or call (303) 573-1200 today.

Not Sure Which Program Is Right For You?
Our range of Aspen mortgage products and properties makes it easy to find the right Aspen loan program and home for you.

Contact us today to help find your solution.

A Conventional Aspen Fixed-Rate Loan Buyer:

• Has at least a 3%-5% down payment and a solid credit history that offsets the need for the typical 20% to 25% required down paymen.
• Has closing costs and a reserve on hand.
• Has good to excellent credit.
• Qualifies for market-rate interest (lower monthly payments).
• Doesn't require creative financing.
• Seeks financial stability and security.
• Has low, outstanding debt, for example credit card debt, medical expenses, etc.
• Has increasing earnings power.
• Can afford mortgage insurance if required by the lender.

A Typical Aspen ARM Buyer:

• Can expect with some certainty that his or her income will increase.
• Desires a home that is slightly out of his or her financial reach.
• Desires a short-term ownership.
• Cannot qualify at market rates and needs a lower initial interest rate.
• Wishes to buy a Aspen property when conventional fixed-rates are high or when rates are expected to decline.
• Wishes to take advantage of an ARM's conversion option.
• Does not need the security - emotional or financial - of a fixed-rate mortgage.
• Wants the loan to adjust based on inflation and economic swings.
• Wants to shop for an index and adjustment period that best coincides with his or her needs in purchasing the Aspen property.

Go to Aspen Commercial Mortgage Programs

 

Aspen Facts

• Aspen is located in central Colorado in the Rocky Mountains, at an elevation of about 7,900 ft.
• Aspen is a stylish resort, famous for its winter skiing and its summer cultural events.
• Skiing was born in the Aspn area during the 1930s and '40s, and was enhanced by Army soldiers who came from nearby Camp Hale for recreation.
• Aspen was founded in 1879 by prospectors and named for the aspen trees in the area
• Aspen was a booming silver-mining center until the early 1890s, when the demonetization of silver reduced prices for the metal.
• The best skiing resorts Aspen has to offer include Aspen Highlands, Aspen Mountain, Snowmass and Buttermilk.
• Aspen was developed as a modern resort after World War II ended in 1945 by Walter P. Paepcke.
• Aspen is the largest city of Pitkin County, Colorado.
• The Aspen/Pitkin County Airport is known as the busiest airport in Colorado and offers flights that are served by three main airlines that inlcude the United Express, America West Express, and Northwest Airlines.
• This historic character of Aspen has been challenged in recent decades by skyrocketing property values and the proliferation of second homes.
• Aspen has emerged into international fame as a glitzy playground of the wealthy and famous.
• Aspen is known as the ultimate ski resort in the world and is deemed as the winter playground for the Hollywood elite and is highly impressive by any standards with many luxury homes and condominiums.
• Aspen sits along the southeast end of the Roaring Fork Valley, along the Roaring Fork River, a tributary of the Colorado River.
• Aspen is surrounded by mountain and wilderness areas on three sides with the Aspen Mountain sitting to the south.
• The average home price in the Aspen area is around $687,5000.

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