APPLYING FOR A
You can save time if you have the following items with you
when you visit your lender. Depending on your lender, you may
be asked for other information.
1. Social Security numbers for both you and your spouse, if
both of you are applying for the loan.
2. Copies of your checking and savings account statements
for the past six months.
3. Evidence of any other assets such as bonds or stocks.
4. A recent paycheck stub detailing your earnings.
5. A list of all credit card accounts and the approximate
monthly amounts owed on each.
6. A list of account numbers and balances due on outstanding
loans, such as car loans.
7. Copies of your last two years of income tax statements.
8. The name and address of someone who can verify
What you need to know
questions and then the calculator will
provide a general estimate of the maximum
sale price you may qualify for under the
Federal Housing Administration (FHA),
Veterans Association (VA) and conventional loans. This tool also estimates your
down payment, closing costs, total cash
required at closing, monthly mortgage
payment, other monthly housing costs and
your remaining monthly income. Keep in
mind that these are only estimates. See a
lender for more details.
HIRE SOMEONE TO HELP
The details involved in buying a home,
particularly the financial ones, can be
mindboggling. The entire process can be
made easier by finding a good real estate
professional who can guide you through
the entire process.
Choose a real estate broker who is well
acquainted with your needs and wants
for your new home. Make sure they are
familiar with the neighborhood you
are considering, the quality of schools,
safety of the area, traffic volume, and
so on. A good realtor will save you
hours of time and might have inside tips
on houses that are fresh on the market.
Realtors can also provide advice and
tips when it comes time to make an
offer on a home.
METRO DENVER HOUSING RESOURCES
Adams County Housing Authority 303-227-2075 www.adamscountyhousing.com
Arapahoe County First Time Homebuyer Assistance Program 970-494-2021 www.co.arapahoe.co.us/ index.aspx?NID=1321
City of Aurora Homeownership Assistance Program 303-739-7900 www.auroragov.org/LivingHere/
City of Boulder Homeownership Programs 303-441-3157 www.bouldercolorado.gov/homeownership/
City of Longmont Homebuyers Programs 303-774-4648 www.ci.longmont.co.us/cdbg/housing/ hb.htm
Colorado Housing and Finance Authority 800-877-2432 www.chfainfo.com
Colorado Housing Assistance Corporation 303-572-9445 www.chaconline.org
Colorado Rural Housing Development Corporation 303-428-1448 www.crhdc.org
Commerce City Housing Authority 303-289-3600 www.c3gov.com/index.aspx?NID=100
Del Norte Neighborhood Development Corporation 303-477-4774 www.delnortendc.org
Southwest Improvement Council in Denver 303-934-2181 www.swic-denver.org
U.S. Department of Housing and Urban Development (HUD) 800-225-5342 www.hud.gov
Wheat Ridge Housing Authority 303-235-2846 www.ci.wheatridge.co.us