Let us help you find a loan that fits your needs
The licensed, bonded, insured mortgage originators have over 3 decades of experience in customizing loans for residents throughout Colorado, Texas, Washington, And Florida
Competitive Rates and Terms
The Mortgage Network enjoys long standing relationships with over 30 of the nation’s largest mortgage lenders, enabling us to find the best loan for your circumstance.
A Variety Of Loan Options
Whether you are buying your first home, your third or you are wanting to refinance, The Mortgage Network has a variety of loan options to meet your needs.
Privately Owned Mortgage Lender
We are a Colorado corporation committed to serving the Colorado market and community. Our mortgage brokers live and work locally, and are always a phone call away!
Stated Income Loans
Pre Qualify in 3 Easy Steps
When a lender makes a decision about a mortgage application, they consider two basic factors: your ability and your willingness to repay the loan.
Ability to repay the mortgage is determined by verifying your current employment and analyzing your total income. Lenders prefer for you to have been employed at the same place for at least two years, or at least be in the same line of work for a few years. Your proposed monthly payment will be compared to your monthly income and debt.
Willingness to repay is influenced by how you have paid previous loans and by examining how the property will be used. Willingness can be gauged by your credit report and previous commitments to pay rent and/or utility bills. There is also a greater tendency to stick with your payments if you live in a house as opposed to a rental property or vacation home.
It is important to remember that there are no set rules and each applicant is handled on a case-by-case basis. Many applicants come up a little short in one area, but make up for it with other strong points. These compensating factors may include a large down payment, solid employment, extensive educational background or overall financial health.
For applicants who need to make a lower down payment, mortgage insurance is protection for the lender in case you stop making payments. This allows low and moderate income families to become homeowners with low down payment programs.