


THE
AMERICAN
DREAM
IS ALIVE!

We understand how confusing the home loan mortgage market can be. FHA, conventional, jumbo... who even knows?
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At Dominion Mortgage we have over 30 years of experience working with people and lenders. We will help you navigate, get approved and implement the loan that works for your family and budget to get you into the home of your dreams
GIVE YOUR FAMILY THE PROTECTION OF HOME

Conventional Fixed Rate
Fixed Rate Mortgages are the most common type of mortgage. The borrower will qualify for a certain rate and term, which will stay fixed through the life of the loan. Generally the rate will be lower for a shorter term. The national limit for these types of loans is $517,000 and may be increased up to $750,000 in certain CO counties.
Term
Interest Rate
10 - 30 Years
3.6% - 8% WAC
Money Down
5% - 20%+
FICO Score
680+
Time to Close
30 Days

Conventional ARM
Adjustable Rate Mortgage
Adjustable rate mortgages have been given a bad name since the housing crisis of 2008. Bad banking practices can definitely exploit the negatives of these loans, however, they do have a place for certain types of people or investments. The rate will vary year over year based on prime interest rates, but they can be a great option for shorter term real estate financing or fix and flip real estate investors.
Term
Interest Rate
5 - 30 Years
3.6% - 8% WAC
Money Down
20%+
FICO Score
680+
Time to Close
30 Days

FHA First Time Home Buyers Loan
Federal Housing Administration
FHA backed mortgages are the best program for first time home buyers. Because the government backs these loans with the buyer, the bank is able to offer better rates, less money down and less financial requirements post closing. Down payments can be as low as 3.5% LTV and this portion is okay to be gifted or granted from a relative or friend. FHA properties must be owner occupied.
Term
Interest Rate
10 - 30
Years
3.6% - 8%+ WAC
Money Down
3.5%
FICO Score
620+
Time to Close
30 Days

Jumbo Mortgages Larger Than Fannie Freddie Conventional Loan Limits
FHA backed mortgages are the best program for first time home buyers. Because the government backs these loans with the buyer, the bank is able to offer better rates, less money down and less financial requirements post closing. Down payments can be as low as 3.5% LTV and this portion is okay to be gifted or granted from a relative or friend. FHA properties must be owner occupied.
Term
Interest Rate
10 - 30
Years
3.6% - 8%+ WAC
Money Down
3.5%
FICO Score
620+
Time to Close
30 Days