LOANS TO FIT INDIVIDUAL NEEDS
USDA
A USDA Home Loan, also known as the USDA Rural Development Loan, is a mortgage offered to rural property owners by the United States Department of Agriculture. This loan type requires no money down.
CONVENTIONAL
Great for either purchase or refinance. Allows for varying term length ie 30 year, 20 year or 10 year.
VA
The VA Loan is a home mortgage option available to United States Veterans, Service Members and not remarried spouses. VA Loans are issued by qualified lenders and guaranteed by the U.S. Department of Veterans Affairs (VA). Requires zero money down for a home purchase. Can refinance up 100% of your home value.
HOME EQUITY
A home equity loan, also known as a HELOC, is a second mortgage. It allows homeowners to borrow against their equity in the residence. The loan amount is based on the difference between the the home's current market value and the homeowner's mortgage balance due.
FHA
A great mortgage for the first-time homebuyer. Requires only 3.5% down payment and allows for lower FICO scores.
Cannabis Industry
In Colorado, the Cannabis/Marijuana industry is a viable and legitimate employment option. Have you been denied to buy or refinance a home due to your employment? Peak Financial is completing mortgages for people working in this industry.