Colorado

Who can help me with a mortgage, HELOC, or reverse mortgage in Colorado?

The short answer

The Mortgage Advisory is licensed in Colorado (NMLS #1549739) and helps Coloradans buy, refinance, tap equity with a HELOC, and use reverse mortgages, from Denver and the Front Range to Colorado Springs and the mountains. We're especially glad to help military families near Colorado Springs use their VA benefit.

What loans can I get in Colorado?

Buy a home: conventional, FHA, VA, and Non-QM for self-employed buyers
HELOC and home equity: keep your low first-mortgage rate
Refinance, including cash-out
Reverse mortgages: FHA-insured HECMs and reverse mortgage seconds
Debt consolidation with home equity

What's different about a mortgage in Colorado?

Metropolitan districts: common in newer neighborhoods, and they add to your property tax bill. We build them into your payment from the start.
HOAs are common, especially in newer communities and mountain towns. Dues count in your payment and your qualifying.
Title companies handle closings, and Colorado's state documentary fee is tiny.
Mountain and wildfire-area homes can take longer to insure and appraise. Start early.
Military families: with Fort Carson, the Air Force Academy, and Space Force bases around Colorado Springs, VA loans are a big part of what we do here.

Where in Colorado do we help?

Statewide, including Denver and the metro area, Colorado Springs, Boulder, Fort Collins, Pueblo, Grand Junction, and the mountain communities, by phone and video, with closings at a local title company.

Is there down payment help in Colorado?

Yes. CHFA offers statewide grants and second-loan assistance. See down payment assistance in CA, TX, FL, and CO.

Example scenario (illustrative)

An Air Force family is transferring to Colorado Springs. They use their VA benefit to buy a $475,000 home with no down payment and no monthly mortgage insurance, and we confirm the neighborhood's metro district tax up front so their payment has no surprises.

Our take

Colorado buyers get hit by costs they didn't see coming: metro district taxes, HOA dues, and insurance in fire country. I'll put all of it in your numbers upfront. And to every service member stationed here: your VA benefit is one of the best deals in lending, so let's use it.

Who funds your loan?

It depends on the loan. We're the direct lender on conventional, VA, and Non-QM loans (in Florida, where we're licensed as a mortgage broker, every loan is arranged through an approved lender). FHA loans, reverse mortgages, and HELOCs are arranged through approved partner lenders, with us as your mortgage broker. Either way, we tell you upfront who your lender is and how we're paid; it's all on your Loan Estimate.

Ace Ausar, Mortgage Banker · NMLS #1143018

The Mortgage Advisory, Inc. · NMLS #1549739

Reviewed by Ace Ausar, NMLS #1143018 · Updated 2026-09-27

Important disclosures

This material has not been reviewed, approved, or issued by HUD, FHA, or any government agency.
With a reverse mortgage, borrowers must continue to pay property taxes and homeowners insurance and maintain the home. The loan becomes due when the last borrower no longer lives in the home as a primary residence, sells the home, or does not meet the loan terms.
Proprietary reverse mortgages, including second-lien reverse mortgages, are not FHA-insured Home Equity Conversion Mortgages (HECMs). Terms, eligibility, and availability vary by program and state.
HELOC rates may be fixed or variable depending on the program. A variable rate is based on an index plus a margin and can change over time, which changes your payment. Fees, draw requirements, and early closure fees may apply. Your home secures the line of credit.
The Mortgage Advisory is not affiliated with or endorsed by the U.S. Department of Veterans Affairs.
The Mortgage Advisory is not affiliated with or endorsed by HUD or the Federal Housing Administration.
This is general information, not a commitment to lend. All loans are subject to credit approval, underwriting, and property valuation.

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