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Colorado Springs

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Whether you are a first time home buyer or trading up to a larger home, we work to find the best Colorado Springs home mortgage solution for you. Constantly surveying the hundreds of mortgage lenders as well as anonymously testing their staff, we are always aware of the conditions of the home loan market as well as the lenders involved in it.

Best Colorado Springs Home Mortgage Loan Lender

Unfortunately, the subprime mortgage crisis has caused dramatic changes in the lending climate. Many lending institutions have suffered tremendous losses and as a result have tightened their lending standards drastically. Whereas it used to be very, very easy to meet the requirements in order to get approved, it is now much more difficult with most lenders. When searching for a Colorado Springs home mortgage lender, it is important to find one that not only offers the lowest rates, but also has not tightened lending standards to the point that only a tiny percentage of applicants will qualify. At the top of our list right now is ING DIRECT Colorado Springs Home Mortgage. They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.  They are still approving the majority of applications for Colorado Springs home mortgage loans. Additionally, they will usually approve your online application in less than 3 minutes.

Colorado Springs Colorado Overview & Statistics

Colorado Springs Overview

As of 2007, Colorado Springs's population is 372,437 people. Since 2000, it has had a population growth of 3.20 percent.

The median home cost in Colorado Springs is $258,100. Home appreciation the last year has been 2.20 percent.

Compared to the rest of the country, Colorado Springs's cost of living is 8.52% Lower than the U.S. average.

Colorado Springs public schools spend $6,487 per student. The average school expenditure in the U.S. is $6,058. There are about 18 students per teacher in Colorado Springs.

The unemployment rate in Colorado Springs is 3.60 percent (U.S. avg. is 4.60%). Recent job growth is Positive. Colorado Springs jobs have Increased by 0.93 percent.

Colorado Springs Climate

Colorado Springs, CO, gets 16 inches of rain per year. The US average is 37. Snowfall is 41 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 89.

On average, there are 243 sunny days per year in Colorado Springs, CO. The July high is around 85 degrees. The January low is 16. Our comfort index, which is based on humidity during the hot months, is a 67 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

Colorado Springs Housing

The median home value in Colorado Springs, CO, is $258,100. Home appreciation is 2.20% over the last year. The median age of Colorado Springs, CO, real estate is 26 years.

Colorado Springs, CO Apartments and Rentals

Renters make up 36.16% of the Colorado Springs, CO, population. 4.78% of houses and apartments in Colorado Springs, CO, are unoccupied (vacancy rate).

Colorado Springs Crime

Colorado Springs, CO, violent crime, on a scale from 1 (low crime) to 10, is 6. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

Colorado Springs, CO, property crime, on a scale from 1 (low) to 10, is 6. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

Colorado Springs Home Mortgage Loan Resources

Listed below are resources relating to Colorado Springs home mortgage loans:

www.springsgov.com

Colorado Springs Real Estate Agents

Colorado First Time Home Buyers Grants

Colorado First Time Home Buyer Programs

Colorado Home Mortgage Loans

For the latest updated information, visit Colorado Springs home mortgage recent news stories.

Finally, you may want to visit Mortgage Rates Predictions to find out if now is a good time to apply for a Colorado Springs Home Mortgage.

 


   
This website provides complete state-by-state contact information for down payment grants. We suggest that you send for the free CD that takes you step by step through the application forms to ensure that you complete the grant applications properly.


   

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