The next step is hunting down the best mortgage for that Colorado Springs home for purchasing or refinancing. An excellent starting point is here: simply give us an idea of the type of loan you want. You will receive bids from multiple Colorado Springs lenders that will compete to provide a loan at the lowest rate, matching you with nearly 67 Colorado Springs mortgage lenders. Your mortgage may be for a new home, refinancing or perhaps a home equity loan - in any case, the best way to start is to see what everybody offers.

How much of a Mortgage?

Mortgage affordability is important to the bank, but crucial for you. As of 2005, the average Colorado Springs mortgage payment was $1,279 which will give you an idea of what you can expect even with historically low rates. Our mortgage calculator will help you plug in the critical components so that you can determine how large a home loan is reasonable for your Colorado Springs home.

Colorado Springs is a major city in Colorado with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as: Ctx Mortgage Company llc, Amstar Mortgage Corporation, Allied Home Mortgage Capital Corporation, American Family Mortgage, Countrywide Home Loans Inc.3-D Mortgage, LLC.Franklin Bank Ssb.Gmac Mortgage.ROV Investments.First Magnus Financial Corp.

Colorado Springs Mortgage & Real Estate Market

In 2006 Colorado Springs housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Colorado Springs was $190,300. This number is big in comparison to the median home value back in 2000 of $147,100. Colorado Springs has a solid home ownership base with 169,054 houses and apartments and 57% of those are occupied by their owners. Despite the current market, historically Colorado Springs has been a city where people move, buy and stay - with 61% of homeowners currently paying off a mortgage. About 20% of the city's current homeowners are carrying a second mortgage or home equity loan.

Pavilion Capital Group,L.L.C.
12020 Shamrock Plaza, Suite 200  Omaha, NE	Phone: 866-997-4801 Ask for: Musk David
Special Mortgage Programs
Call David L. Musk CFO/CEO at 866-997-4801 or Apply on-line today at pavilioncapitalgroup.com/davemusk !! With my 23 years of experience and over 100 banks to go through as a wholesale branch of the bank I will get you the best rate and costs for your loan! There is security knowing a lender can take your loan from start to finish! Call me now!
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Housing	Colorado Springs, CO	United States
Home Appreciation	8.40%	9.80%
Homes Owned	59.33%	64.07%
Median Home Cost	$222,400	$217,200
Homes Rented	35.85%	21.45%

Location	Population	Median Family Income (2005)
Arvada	102,153	$55,541
Aurora	276,393	$46,507
Boulder	94,673	$44,748
Broomfield	38,272	$63,903
Colorado Springs	360,890	$45,081
Denver	554,636	$39,500

Category	Value
First Mortgage Only	61%
Homes With No Mortgage	19%
Second Mortgage Only	13%
Home Equity Loan Only	7%
2nd Mortgage or Home Equity	20%

Mortgage Type	Today	Last Week	Change
30 yr fixed	6.03	6.24	0.035%
15 yr fixed	5.47	5.72	0.046%
5/1 ARM	5.34	5.43	0.017%
3/1 ARM	5.48	5.42	0.011%

Your dream of home ownership, refinancing, or using your homes equity might just be an
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