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About Par 4 Mortgage

Discover Par 4 Mortgage. We create a streamlined mortgage experience, whether it’s your first time buying a house, you’re a seasoned home buyer or you need a cash out refinance.  It’s no secret, we are experts at home buying in Colorado.  Check out our Blog here.  We are always professional and support you step by step through the process.  ASL, Spanish, Portuguese and English.

About Par 4 Mortgage
About Par 4 Mortgage

What is Par4Mortgage about? We offer a variety loan programs for a wide spectrum of borrowers. Whether you’re a first home buyer or a seasoned pro, we know mortgages in CO. What are Colorado mortgage rates? Call us now!

VA home loan, VA mortgage rates, First time home buyer programs, Denver HELOC rates, FHA loan Colorado, FHA loan CO, FHA loan requirements, The 2 to 1 buydown program, cash out refinance, Bank statement loan, USDA loan Colorado, Special income loan, Foreign Nationals, Jumbo loan, Commercial loan, Hard Money loan, Land and Construction loan.

We also offer…

Home improvment loans, 203kloans, free mortgagecalculator, Non-warrantable condo loan, Community Mortgage, mortgage rates, buying a home for the first time, 30 year mortgage rates, no down payment FHA loans, Down payment assistance programs, Jumbo loan, Reverse mortgage CO, mortgage loan calc, no cost refi, CHFA loan, today’s interest rates and much more. Click here for our free mortgage loan calcula

About Par 4 Mortgage - Our Core Values

About Par 4 Mortgage

Nathan Krey

Licensed in CO

About Par 4 Mortgage

NMLS #202861

“As your loan officer, it is my pleasure to provide a positive loan experience, while focusing on your financial goals. I take each client through an education phase where we cover all aspects of buying a house or refinancing your current mortgage and customize the loan to fit your needs. I present all of the options and products available and help you to find the best home loan. –  Licensed in Colorado.

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About Par 4 Mortgage

  • Lock your rate while you shop for the right home.
  • Step-by-step guidance from our licensed loan officers.
  • Low and competitive rates and fees.
  • VA loans for active and retired military families.
  • Veterans can apply even with credit challenges.
  • Find a simple mortgage that works for you.
  • Home Loan Experts available now.
  • Quick rate quotes you can trust.
  • Wide variety of loan types.
  • Great programs for first-time home buyers.
  • Online application
  • Low Refinance or Cashout rates.
  • Award-winning service, start-to-finish support.
  • Get cash towards closing.
  • Multiple refinance options.
  • Customized quote.
  • Apply online for free.
  • Reduce interest with shorter loan terms.
  • Turn your home equity into cash.
  • Personalized solutions and services.

About Par 4 Mortgage

About Par 4 Mortgage – Important Info and Tips

What Is a Mortgage Loan (Home Loan)? A mortgage is a loan used to purchase real estate, like primary residences, second homes and investment properties. When you close a mortgage loan, you agree to repay an amount each month plus interest for the term of the mortgage. Many mortgage loans are for 30 years, but some lenders offer other terms.

With a mortgage, the property acts as collateral for the loan. If you do not make payments, the lender can repossess the home. You may change the terms of your mortgage by applying  to refinance for a lower interest rate or shorter loan term.

What Is the Interest Rate? Mortgage rates express the amount of interest you will pay on your mortgage as a percentage.  Several items determine mortgage rates, including economic indicators such as inflation and unemployment as well as actions by the Federal Reserve. The rates change daily.

Your employment and financial history affect your ability to qualify for the lowest mortgage rates. Borrowers with FICO scores above 740 will generally get the best rates available. Investors look at the loan-to-value ratio (LTV) when determining home loan rates. This number represents the amount you will borrow in comparison to the value of the property. The LTV should be less than 80% for the best mortgage rates.

Look at the numbers before paying points.  You could pay more money upfront at closing in exchange for a reduced interest rate on your home loan. This practice, called paying points, doesn’t necessarily save you money on home mortgage rates. It could take years to break even, so make sure it makes financial sense.

Consider an Adjustable Rate.  Adjustable rate mortgages often have more favorable interest rates than fixed rate mortgages. After the initial fixed rate period, the rate changes based on market conditions and can go up or down depending on your loan terms.

How to Apply for a Mortgage Loan.  First, you’ll need to submit personal and financial information to Par 4 Mortgage. We offer an online application and personal assistance every step of the way.   Input your Social Security number, income, assets, debts, address history, and other general information for us to complete a preapproval. This pre-approval letter will indicates the available loan terms and down payment amount required, if any.  

Par 4 Mortgage will provide a loan estimate form within three business days of your application. This legal document indicates all costs related to the loan, including principal, interest, insurance, property taxes, closing costs and fees. You can then decide to move forward with the loan.

When you accept the terms of a loan estimate, you will then provide documents to support your application. Examples include tax forms, proof of income such as pay stubs, bank statements for all accounts, investments, and credit cards, and information about your employment status. We assign a loan coordinator to guide you through the process of submitting your paperwork.

How Does the Mortgage Loan Process Work?  After submitting all required paperwork, your loan will enter the underwriting. The underwriter will check to make sure you have the credit and income to repay the loan and confirm all aspects of your application.

The underwriter will also verify your down payment and funds for closing, the source of large deposits in your account and confirm that you have cash reserves.  The bank will order an appraisal of the home. They want to make sure its value exceeds the amount of the mortgage loan. You will want to have a home inspector evaluate the property before you move forward with the purchase. Some mortgages, such as FHA loans, do require a home inspection.

Three days before the scheduled closing date of your mortgage, we will provide the closing disclosure. This legal document provides the final terms of the loan as well as the total closing costs. A loan expert at Par 4 Mortgage will work with the title company to facilitate you closing at a convenient time and place for you.