Buying a home in CO is possible

Up to $7,500 in lender credit

For you, home isn’t a place. It’s a feeling. Where love and kindness, safety and acceptance live. Where dreams are born, and memories are made. 

As your fellow neighbor, Alpine Bank is here for you. We offer flexible mortgage financing, including up to a $7,500 lender credit for borrowers who fall within county-specific income limitations.  

For eligible homebuyers and existing homeowners, the proposed credit will allow for a lower interest rate or less cash out of pocket at closing. 

Do you qualify for the credit? 

• Total qualifying income used for all borrowers (combined) must be below 80% of the area median income for the county the property is located.
• Eligible properties are owner occupied properties located within Alpine Bank’s trade area within the State of Colorado.

The lender credit is only available for loans offered through Alpine Bank’s Mortgage Division that meet current Freddie Mac or Fannie Mae underwriting guidelines; it is not available for Alpine Bank portfolio products. Please contact Alpine Bank for assistance in determining which loan products this credit is available. 

Don’t qualify for the lender credit?  

Alpine Bank offers multiple competitive loan programs to meet the needs of most borrowers. Visit alpinebank.com to connect with a mortgage professional in your area or visit an Alpine Bank location near you. 

Lender credit cannot be more than actual closing costs.
Trade area is Alpine Bank’s Assessment Area and the counties immediately adjacent. 
Must meet Alpine Bank’s underwriting requirements. Rates, Terms and Lender Credit program are subject to change. Please contact your local Alpine Bank Mortgage Loan Originator for more information, other restrictions may apply. 

• November 19, 2024
• Financial
• Alpine Bank Staff

About This Author

Alpine Bank Staff

Alpine Bank is an independent, employee-owned organization with headquarters in Glenwood Springs and banking offices across Colorado’s Western Slope, mountains and Front Range.

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