Mortgage Lending Services
VA Mortgage Loans
At Fidelity Mortgage Solutions we truly appreciate your service and are constantly looking at ways to help Veterans achieve the dream of buying their own home. Given the current tricky climate of getting approval for a mortgage or mortgage refinancing, we pride ourselves on making our process as painless as possible to thank you for your service.
If you are looking for a home in the Colorado Springs area and have served in the military, our VA loans provide a lower interest rate option along with less paperwork. In fact, if you are looking to refinance your existing mortgage to a lower rate, in most cases we do not need an appraisal of your home, income documentation or other assets. Our main requirement is simply a record that you have made your previous payments over the last 12 months on time. This will help qualify you for our VA Interest Rate Reduction Refinance loan.
If you are a first time buyer, our mortgage specialists are here to help guide you through the process so that once you decide on the perfect property, you can close the deal as quickly as possible. To help achieve this we have trimmed our application process to ensure that we only require the pertinent information to see if you qualify.
Our aim is to ensure that you get the right advice that creates a loan that will easily fits within your budget with terms that are as clear as an order from your CO. We strive to avoid any small print or areas of confusion so you feel secure knowing exactly what you have signed up for. At Fidelity Mortgage, our team will walk you through every step of the process, help you through qualification, and be here if you need any advice further down the road.
So if you are looking to assess your options, contact one of our VA loan professionals at Fidelity Mortgage Solutions. We will be happy to sit down and discuss how we can serve you.
While the federal government may not do everything perfectly, it has always been unwavering in trying to make sure that every American has the best opportunity to own a home. As a result, the Federal Housing Administration (FDA) may be the answer if you are a first-time buyer, or just simply looking to refinance to a better repayment schedule.
In the Colorado Springs area, there are numerous opportunities to find your dream home. By using an FHA loan from Fidelity Mortgage Solutions you can not only benefit from less stringent qualification requirements, but you also have a variety of options that can include fixed and floating interest rate options. Not only that, but this all comes with the security of a government-issued loan.
The FHA also offers streamline loans. These can help refinance and lower the amount you pay without needing to go through the entire mortgage refinance process. The key requirement to qualify is that you have made your existing payments on time for the last twelve months. If that is the case, there is usually no need for an appraisal, income verification or any other assessment. In fact, compared to many other government processes, taking advantage of this service is relatively hassle-free.
At Fidelity, our FHA loan experts are here to help you decide if an FHA loan is the right solution for you. They know the process inside and out and can help guide you through the paperwork to ensure that you have all of the facts and can help you secure your approval fast. In addition, if you need further financing outside of the FHA process, our specialists can offer you additional solutions to ensure you can achieve your goal of owning your dream home. Just give us a call to schedule an appointment to discuss how we can help you.
Fannie Mae and Freddie Mac Loans
There are so many mortgage options that when contemplating purchasing your first home in Colorado Springs, it can be overwhelming. At Fidelity Mortgage Solutions we aim to simplify this by letting you know what the most cost-effective solutions are. One of these may be using either a Fannie Mae (FHMA) or Freddie Mac (FHLMC) loan.
Fannie Mae or Mac loans can offer an alternative and often very affordable solution to getting the boost you need to acquire your first home. We excel in looking through every possible option to find the perfect amount and repayment plan to create a mortgage that is suited to your lifestyle.
Through either Fannie Mae or Freddie Mac, there can be lower-cost alternatives to traditional mortgage financing that could save you money every month. Our specialists follow the latest changes and can advise you on the best options available to you.
Equity Mortgage Loans
Your property is often your biggest asset. In fact, many people do not realize just how much cash they can leverage without significantly affecting their financial situation. Fidelity Mortgage Solutions prides itself on releasing this hidden asset and making it generate additional financial gains for both you and your family.
If you are looking for ways to generate extra funds, either for a new car or to give your kids a kick start for college, consider an equity loan on your property. This can be structured in a variety of ways depending on what you need and our expert team is always on hand to walk you through the various options.
So if you need a burst of capital and are not sure of the right way to go, give us a call and schedule an appointment. Our experts will layout your options so that you can decide.
Debt Restructuring Loans
Whatever you signed up for in the past is not necessarily something you are committed to in the future. Our refinancing team is expert in finding low cost solutions that can restructure your finances in a way that releases equity that can be used to pay off debt and help you plan ahead.
Our aim is to work with you in assessing your assets and finding the best way to make them work for you. We will look at your overall financial picture and provide you with a comprehensive plan to show how to make the most of what you already have.
We want you to succeed in Colorado Springs so let our dedicated team assess your options and give you a forthright and clear outlook on your options. Just take a few moments and set up an appointment with one of our specialists.
Home Affordable Loans Program (HARP)
Unfortunately, there can be a time beyond your control, when your home’s value is less than the amount that you borrowed. While this negative equity may seem like a ball and chain there is a potential solution. The Home Affordable Refinance Program was created to give you an alternative option. Provided your mortgage was owned or acquired by either Freddie Mac or Fannie Mae prior to June 1, 2009, you may be eligible for HARP.
This program may allow you to receive a new, more affordable mortgage, despite your homes’ current value. Our team knows the Colorado Spring’s market and can help keep you in your family home. Just take a few moments and put in a call to our HARP refinancing team to find out exactly what your options are.
In Colorado Springs, getting your dream house can sometimes require a larger outlay than you originally expected. At Fidelity Mortgage Solutions we see this kind of challenge every day and are here to help you find a solution.
For qualified borrowers we are able to not only offer a jumbo mortgage with a competitive rate but we can also guarantee the lowest up-front fees. Our goal is aligned with yours. We want you to enjoy your dream home in a way that ensures your payments are not outside of your budget.
To achieve this we will work with you to ensure that the financing solution we provide is both achievable and sustainable. Just give us a call to set up an appointment and we will work together to make your dreams come true.
Getting your first mortgage can seem like a daunting prospect but at Fidelity Mortgage Solutions we aim to make it a stress-free process. Our team has years of experience in guiding our clients through the seemingly endless process. They will find you an affordable mortgage that is tailor-made to your needs and financial situation.
We not only pride ourselves on giving you sound advice but also on providing a fiscal plan that can set you up for a successful future. As part of this service we keep in regular contact so you are fully informed on the latest changes, and on any opportunities that could positively affect your financial situation.
At Fidelity we feel we are a small part of your journey through life and we want to help you every step of the way. We are here to help you gather all the relevant documentation, restructuring your debt for the best outcome, and help you manage your credit to get the best interest rate possible.
Just give us a call and find out how we can assist you.
Rehabilitate Your Home
That annoying place where water sometimes leaks through when it is raining could be a thing of the past if you talk to us. Fidelity specializes in providing affordable loans to low income homeowners to help them to deal with issues around the house to help protect the value of their property.
No matter what the issue, a faulty electrical system, unsafe heating unit or leaky roof, our rehabilitation loans are here to help. Our professionals know that having an updated and safe home can help increase its value over time. Not only that but having an asset that increases in value, helps your family grow along with it.
With a Fidelity home rehabilitation loan you can ensure the safety of your family while also increasing the value of your home. Just set up an appointment with one of our specialist to find out how we can help you.
Another option when considering purchasing or refinancing a home is a Colorado Housing Finance Authority (CHFA) loan. This is something unique to the region that our specialists can walk you through. In essence, it could help you gain the financing you need to achieve your dream home.
It consists of a wide variety of programs that are designed for both new home buyers and people who are upside down on their home equity. With our help, you can find the right CHFA program to assist you, and our experts will guide you through the process.
Just give us a call to set up an appointment and we will be there for you.