Colorado Lending Team

Your hometown mortgage experts! Most people find that mortgage financing is complicated and confusing. We help you buy your dream home by simplifying the mortgage financing process with personalized loan options that save you time and money.

Financial services in Englewood, CO (show on map)

5.0

★★★★★

141 reviews

Colorado Lending Team offers mortgage solutions for purchases and refinances, serving both first-time homebuyers and experienced investors with personalized, competitive loan options.

Call (303) 477-3889

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About

Colorado Lending Team is a mortgage brokerage that specializes in providing personalized loan options for both first-time homebuyers and experienced real estate investors. They aim to simplify the mortgage financing process, offering competitive and fair pricing while ensuring clear communication and support throughout the journey from pre-approval to closing.

Their services include conventional mortgages, reverse mortgages, bridge loans, DSCR loans, asset depletion loans, bank statement loans, investor HELOCs, and stated income loans. The team, led by Carrie Bakunas (NMLS #1658297) and Scott Baade (NMLS #345757), prides itself on excellent communication, accessibility, and a commitment to finding the best mortgage solution for each client's unique financial scenario.

Personalized loan options

Competitive & fair pricing

Clear communication throughout the process

Accessibility and support for diverse financial scenarios

Services

Purchase Mortgage

Mortgage solutions for buying a home, including conventional, FHA, VA, bridge loans, and all-in-one options.

Personalized loan options Competitive & fair pricing Clear communication throughout the process

Refinance Mortgage

Options to lower payments, access home equity, or adjust loan terms.

Lower payment options Cash-out refinancing Shorter or longer term adjustments

Bridge Loan

Short-term financing to bridge the gap between purchasing a new home and selling an existing one.

Quick funding Flexible terms Single-source financing for dual transactions

DSCR Loan

Debt Service Coverage Ratio loan for investors seeking property financing based on cash flow.

Cash flow-based qualification Ideal for rental property investors Flexible underwriting

Asset Depletion Loan

Loan that uses non-real estate assets to secure financing for real estate purchases.

Utilizes non-real estate assets Flexible qualification criteria Suitable for high-net-worth individuals

Bank Statement Loan

Mortgage for self-employed borrowers using bank statements instead of tax returns.

Based on bank statements Suitable for self-employed and gig economy workers Flexible income verification

Credentials & Certifications

NMLS #1658297

NMLS #345757

Reviews

Rating

★★★★★

Reviews

141

"He made the process smooth and stress-free from start to finish."

Frequently Asked Questions

What is the difference between a purchase mortgage and a refinance mortgage? +

A purchase mortgage is used to buy a home, while a refinance mortgage is used to change the terms of an existing mortgage, often to lower rates or access equity.

How does a bridge loan work? +

A bridge loan provides short-term financing to cover the gap between purchasing a new home and selling an existing one, allowing borrowers to move quickly into their new property.

What is a DSCR loan and who is it for? +

A DSCR (Debt Service Coverage Ratio) loan is designed for real estate investors, qualifying based on the property's cash flow rather than traditional income documentation.

Can self-employed individuals qualify for a bank statement loan? +

Yes, bank statement loans are specifically designed for self-employed borrowers, using recent bank statements to verify income instead of tax returns.

What is a stated income loan and how does it differ from traditional loans? +

A stated income loan allows borrowers to state their income without extensive documentation, making it suitable for self-employed or non-traditional income earners, unlike traditional loans that require detailed tax returns.

How does the mortgage process work from pre-approval to closing? +

The process begins with pre-approval to determine affordability, followed by a detailed application, underwriting to verify qualifications, conditional approval, clear-to-close documentation, and finally closing where the loan is finalized and ownership is transferred.