Loan Programs

The following is a partial list of programs offered by G & S Mortgage with a brief description of the key elements of each. For a complete list of the programs that we offer, please contact us at 303-759-0508.

Conventional

Programs available for the borrower who needs 100% financing. Up to $1,200,000.

GOVERNMENT PROGRAMS (FHA/VA)

Numerous loans are available under these programs. Intended for the low/moderate income and veteran borrowers. 100% financing or minimal down payment is available. Income and loan amount limits do apply.

90% RATE OR TERM RE-FINANCING and Purchases up to $1,200,000

For the customer wanting to obtain a lower interest rate. Loans are based on a maximum of 90% of appraised value.

DOWN PAYMENT ASSISTANCE

First time homebuyers who meet the income requirements can qualify for the following: Mississippi Home Corp. Bond Money, Down Payment Assistance, and Mortgage Credit Certificate.

SECOND HOME

A program for the homebuyer wishing to purchase a vacation home. This purchase can be financed up to 100% depending on the loan amount.

INVESTOR/RENTAL PROPERTY

Buyers who are looking to generate rental income by purchasing these types of properties. Multiple property ownership is allowed under certain programs. Financing up to 100% is available.

NO INCOME VERIFICATION

This offers the self employed borrower or special borrower who wish not to provide tax returns, P&L's, or pay stubs to finance 100% on a refinance or 100% on a purchase.

BALLOON/ARM'S

These programs are intended for the homebuyer who feels they will only occupy the property for a short period of time.

We also have 40 and 45 year fixed rate Loans.

 

Interest only fixed rate and ARM's are available.

 

NON-CONFORMING

For customers with bruised credit or debt ratios up to 50%. Loans with LTV's of 90% and over $500,000 are available.

Main Office
247 S Lafayette St, Denver, Colorado 80209
Phone: 303-759-0508 | Fax: 303-759-5127
NMLS: 192109