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Colorado Home Equity Rates
Check with Loan Officer for State Specific Pricing
- Refinancing Current Adjustable Rate
- Additional Tax Deductions
- Elimination of Mortgage Insurance
- Consolidation of High Rate Credit
- Furniture for New Homebuyers
- New Home Construction
- Financing a Start-up Business
- Purchasing a Vail Vacation Home
- Installing a Swimming Pool
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Nationwide offers home equity, second mortgage and refinancing loans with a fixed or adjustable interest rates. We offer loans for Colorado residents seeking cash or simple rate and term refinancing. We offer a wide variety of mortgage refinancing programs for homeowners who need to access money, but prefer not to pay off their existing mortgage in the process.
At this time, home equity loans are the most popular form of subordinate financing at the moment, and with fixed rates lower than the adjustable rate, its no wonder why the popularity has increased.
Home Equity Loan Applications Increase in Colorado
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125% Home Equity Loan Rates |
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Colorado Home Purchase Loans to 100% |
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Tax Deductible Home Refinancing |
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Interest Only Lines of Credit |
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A Few Common Reasons for
Colorado Homeowners Getting Second Mortgages:
- Refinancing Current Adjustable Rate
- Additional Tax Deductions
- Elimination of Mortgage Insurance
- Debt Consolidation of High Rate Credit
- Furniture for New Homebuyers
- New Home Construction
- Financing a Start-up Business
- Purchasing a
Vail Vacation Home
- Installing a Swimming Pool
- Remodeling your Home
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| Don't wait any longer, Call 1-800-242-6986 to speak with a seasoned loan professional live. We offer a helpful consultation that includes a free loan quotes with no obligation. |
Whether you are purchasing a home in Steamboat, Vail or Denver we offer subordinate loans for purchase or refinance. If you need help with a "Zero Down" 80-20 combo loan, then you have found the right lending source.
Our loan team will help you finance new furniture, house improvements and they will show you a solution for consolidating high interest credit card debt. Nationwide offers many fixed rate solutions, that don't require you to refinance your first home loan. We offer competitive 2nd mortgages that will aid you in reducing your monthly expenses while returning you with significant savings.
Wouldn't you like to put more money in your pocket each month? Many of our second mortgage and refinance programs were created so people with less than perfect credit, can pay off debts, make improvements to their home, and offer access to additional funds for a multitude of reasons. |
| Before the rates get too high, Apply for a Fixed Rate Home Equity Loan. Stay online and complete one simple form and one of our experienced loan professionals will follow up with you shortly. |
Relevant Colorado Facts:
Rocky Mountain Homeowners |
Average home value for owner occupied primary residence, 2000: $166,600
Homeownership rate, 2000: 67.3%
Average household income, 1999: $47,203
Population, 2004 estimate: 4,601,403
% of people living in same home for 5+ years, 2000: 44.1%
Average commute time from home to work (minutes), 2000: 24.3
Click Here for More Colorado Loan Info
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* Loan terms are state and federal fee restrictions. Laws may vary per state.
Data source census.gov |
By Nick Rian
 Home prices in Colorado waffle while sales skyrocket during the first half of the year. The climbing prime interest rate doing exactly what economists expected, fighting inflation, plunging home prices down during the month of April.
The upside: home sales in Colorado kept climbing as prices rebounded upward.
The big picture shows a different story. Home sales dropped one point since the same time last year.
Here's the figures: Colorado home sales have jumped from 3,097 in January to 8,154 in May. At the same time, median home prices climbed from $236,905 to $241,216 then plunged to $219,403.
"Home sales rebounded from the slide that started last fall, but the pending sales data is showing a dampening effect from rising mortgage interest rates that have been trending up since January," says David Lorena chief economist for the National Association Realtors. "This means a modest slowing can be expected in the sales pace in the months ahead, although the market will hold at historically strong levels."
Colorado sales during the month of May show a going against the grain of some economic models. The median home price rebounded more than $12,000 to $232,222. Home prices actually increased as sales hit a yearly high of 8,154.
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| Interest Rate Update |
Adjustable interest rates could be on the rise at any moment. Call Nationwide today and lock into a fixed rate home equity loan that can lower your rate and get additional cash!
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