Denver, Colorado Home Buying and Refinancing Programs for Teachers and Educators

The Educator Mortgage Program offers competitive home buying programs, home selling programs, FHA home loans and refinancing programs to teachers and those in the education field when they are purchasing a home near Denver, Colorado. We can assist first-time homebuyers, or seasoned borrowers purchasing a 2nd home or investment property.

A one-size-fits-all approach to homeownership and refinancing doesn’t always work. Educator Mortgage provides expertise and walks you through all the different programs and guidelines regarding home buying and refinancing programs for teachers located in Denver, CO. 

This program is designed to help educators achieve homeownership within the community they serve. It is available for teachers and those in the education field within Denver.

Watch how the Educator Mortgage Program works for teachers in Denver, Colorado:

Special financing programs in Denver, CO are available to:

  • Teachers
  • Faculty
  • Coaches
  • Librarians
  • Nurses
  • Secretaries
  • Custodial/Facilities Staff
  • School/District Leadership
  • Professors, Adjunct Faculty
  • Counselors
  • Any ISD/Higher EDU/Private EDU employee

Educator Mortgage Helps Teachers and Educators in Denver with:

home-closing

Discounted Closing Costs1

Up to $800 in reduced closing costs for you! We believe in education and giving back to teachers and the education field is our passion. Because you are an educator, you will receive a credit on your CD (Closing Disclosure) up to $800 from the Educator Mortgage Program through Supreme Lending. This can be used for any fees, prepaids, or new escrow account set up for your new loan. This discount applies to both purchase and refinance home loans. It’s our way of saying ‘thank you’ for all you do.

Special Home Mortgage Programs for Teachers and Educators Discounted Realtor Fees

Discounted Real Estate Agent Fees2

Up to $800 credited from real estate agent fees directly to you. We look to work with those in the Real Estate Community who also look to give back. Because you are an educator, you will receive a credit on your HUD-1 settlement statement up to $800 from participating Real Estate Agents. These funds can be used for any fees, prepaids, seller fees, or new escrow account set up for your new loan. This discount applies to you if you are buying a home OR selling a home. If you are selling a home and buying a home, you can receive the discount on both transactions! Plus on your new purchase you can receive up to $1,600 in credits at the closing table for you through the lending and real estate combination

Special Home Mortgage Programs for Teachers and Educators

Priority Loan Processing

Educator Mortgage Program customers take priority in our world! Enjoy faster turn times and a great loan experience! We move educator loan files to the front of the line. Educator Mortgage Program loans are specially marked to stand out in the crowd and ensure our highest levels of service. These faster turn times lead to a smoother and more enjoyable loan experience. It’s another way we say ‘thank you’ for helping shape all of our futures.

Special Home Mortgage Programs for Teachers and Educators Donation to Your School

Donation To Your School3

So many programs today are underfunded – we are here to help. Educator Mortgage Program customers receive donations to their preferred school program! A donation up to $200 from the Educator Mortgage Program through Supreme Lending and a donation up to $200 from participating real estate agents will be made to the school program of your choice. This applies to all qualifying transactions including: buying a home, selling a home, securing a refinance loan, securing a home purchase loan. Pick any program you want (softball team, science lab, library, teachers lounge, etc.) and make it better! It’s a step in the right direction towards better-funded programs.

Educator Mortgage passes the “Give Back” test.
And we’re just getting started.

Estimated

So many programs today are underfunded,
and so many educators today need a break.
We are here to help!

What People are Saying About the Educator Mortgage Program

“I am a tough critic on lenders – but you were outstanding.  Very proactive, returned emails quickly, buyer brought less money to closing than she expected.  Basically, you performed just like I did when I was a mortgage consultant.  I’ve never been a fan of online lenders, but you’ll have my full endorsement in the future.” – Sharon H 

Denver, Colorado – Home Loan Programs for Teachers and Educators

FHA Loans

Traditionally, in order to get a mortgage one would need to have a perfect credit score and a large down payment. FHA are government-backed loans. Many Educators can obtain their dream home utilizing the government-backed Federal Housing Administration (FHA) programs. The term “bad credit mortgage” often refers to an FHA mortgage or a sub-prime loan. FHA programs assist low to moderate income borrowers who are unable to make a large down payment. It is much easier to qualify for this Government home loan than a conventional mortgage because of the lenient loan requirements. You can still choose between a 15 year or 30-year fixed-rate mortgage, or adjustable rate mortgage loan.

Benefits of FHA Loans

  • Low down payments requirements, as low as 3.5% down
  • FHA allows bad credit or poor credit
  • Great program for First-Time Homebuyers
  • FHA allows gift funds for the down payment
  • Can be a purchase or a refinance

Fannie Mae

Fannie Mae Is designed for home buyers who don’t fall into typical lending guidelines. Fannie helps provide financing and access to education to help teachers prepare for buying and owning a home. Their programs offer affordable and non-traditional solutions to financing. If you have a low down payment, use income from a family member who is not on the loan, need to have a co-signer, or use income from renting a room, or need cash on hand this might be right for you.

Benefits of Fannie Mae Financing

  • HomeReady is very popular program for educators allowing down payments as low as 3% down
  • Allows Flexible down payment and closing costs. These can come from multiple sources, no minimum personal funds required
  • Can be first-time or repeat homebuyers
  • Unlike government insured loans, borrowers can cancel mortgage insurance once their home equity reaches 20%.

Freddie Mac Loans

This is a public company sponsored by the government. Freddie Mac helps borrowers realize their dream of homeownership with more flexibility and benefits. Freddie programs reward borrowers who have better credit but may not have a traditional down payment. These are more conventional mortgages. These programs also have more flexibility with the property type. These loans tend to charge lower rates on mortgage insurance.

Benefits of Freddie Mac Loans

  • Up to 97% loan to value with a low 3% down payment
  • No cash reserves required
  • Only Fixed-rate mortgages with a term of 30 years
  • No upfront private mortgage insurance
  • First-time home buyers and repeat buyers
  • Flexible sources of funds for down payment and closing costs.

VA Home Loans for Teachers

Yes, we are an approved VA lender. The Educator and Teacher mortgage program is proud to work with our veterans. VA loans can be a great option for military borrowers. These loan programs allow for no-down payments and flexible qualification terms. A VA Loan is a mortgage backed by the United States Government. The program is for American veterans, military members, reservists and select surviving spouses.

Benefits of VA Home Loans for Educators

  • 100% refinance cash out available
  • NO down payment requirements on purchase loans – 100% financing.
  • NO income limits
  • Seller credits for closing costs is ok
  • Gifts for closing costs is ok
  • Flexible maximum loan amounts
  • Less restrictive qualifying requirements than conventional mortgages
  • Interest Rate Reduction Refinance Loan (IRRRL) available for those currently in a VA loan
  • They typically are for move-in ready condition homes.
  • Taxes and insurance must be escrowed with the payment
  • Owner-occupied situations only – the veteran must live in the home. Not available for 2nd homes or investment properties
  • No mortgage insurance is necessary, but there is a funding fee
  • A minimum credit score is 620

Home Buyer Loans for Teachers and the Education Field for Denver

  • Down Payment as low as 3.5%
  • Credit Scores Down to 620
  • Property Must Be Primary Residence

  • Down Payment as Low as 5%
  • Credit Scores Down to 620
  • Superior loan terms for higher credit and down payment buyers

  • Down Payment as Low as 5%
  • Credit Scores Down to 620
  • Superior loan terms for higher credit and down payment buyers

  • Must be a Military Veteran to Qualify, Score down to 640
  • No minimum down payment required (0%)
  • Property Must Be Primary Residence

  • Home must fall within USDA geographic area
  • Income Limits Apply (must earn under a certain threshold)
  • No minimum down payment required (0%), Score down to 640

  • Higher Loan Amount Loans, Typically over $417,000
  • Credit Scores down to 700
  • 10% Down Payment Required

  • Down Payment as low as 10%
  • Credit Scores Down to 620
  • Property cannot be income generating

  • Down Payment as low as 15%
  • Credit Scores Down to 620
  • Property intend to be income generating

  • Lower Initial Payments and Interest Rates
  • Payments and Rates Can Change Over Time
  • Excellent solution for 5 or 7 Year Loan Needs

  • Rate and Principle/Interest Payment Fixed for the life of the Loan
  • Low Monthly Payments
  • Most Popular Loan Program

  • Rate and Principle/Interest Payment Fixed for the life of the Loan
  • Lower Interest Rates than 30 Year Loan. 10/20/25 year loans also available.
  • Pay Your Home Loan Off Faster, Huge Savings over the Term of the Loan

Get Started Today

Want to learn more about our home loan programs? Please provide us with your information below or contact us at
1-855-720-2040.
* denotes required fields.


    First Name*

    Last Name*


    Phone*


    Email*


    State*


    I'm interested in:*


    Credit Rating*

    Minimum credit score of 620 required.




    Desired Loan Amount*


    Down Payment Amount*

    The Educator Mortgage Program does not offer down payment assistance.




    How did you hear about us?*


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    First Time Home Buyer FAQs

    Who is eligible to take advantage of the Educator Mortgage Program?

    The Educator Mortgage Program is a great program we extend to Teachers, Faculty, Coaches, Librarians, Nurses, Secretaries, Custodial/Facilities Staff, School/District Leadership, Professors, Adjunct Faculty, Counselors, any ISD/Higher EDU/Private EDU employee.

    Do I need to have a certain amount of time in my current position?

    Having a certain time in your current position is not required in many cases.  Find out about your specific situation today.

    What if I retired from a school am I still eligible?

    Yes, if you retired from a school, that means you helped teach our future, so thank you- Here’s our way of saying “thank you for your service!”

    Can I do a VA loan with this program?

    Yes!  All veterans welcome.

    Can I use a down payment assistance program as well?

    No.  At this time the Educator Mortgage Program does not participate in down payment assistance programs.

    Can I do a cash-out refinance with this program?

    Yes!

    What credit score do I have to have to qualify for a home loan? 

    We can lend down to a 620 credit score.

    How much money do I need to have as cash down when I buy a home?

    You can buy a home with as little as 3.5% down, and that money can be gifted from a family member!

    How do I start the process?

    The first step is to complete our easy online form or call us today. We have representatives standing by ready to get the ball rolling.

    Can I use the Educators Mortgage for a second home or investment property?

    Yes! We can help with your primary residence, vacation home, and even investment property.

    How long does the process take?

    When purchasing or refinancing a home, our branch averages 20 days for our turn-around time.

    Can I still buy a house if I’ve had a bankruptcy?

    Yes you can, FHA has a minimum waiting period of 2 years for a Chapter 7, and 12 months for a Chapter 13 bankruptcy.

    Can I still buy a house if I’ve had a foreclosure, or a short sale?

    Yes you can, with an FHA borrowers must wait a minimum of 3 years after a short sale is complete, or 3 years after a foreclosure is complete to apply for a new home loan.

    What does it cost to apply?

    We do not charge an application fee for the Educators Mortgage Program. There is no cost or obligation to review your needs.

    What hours do your loan officers work?

    We are available 24 hours a day to meet your needs.

    Are your loan officers licensed?

    Yes, all of our loan officers are fully licensed through the National Mortgage Licensing System. You can look up our licensing through their website: http://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/2129.

    Denver Home Refinance Loans for Teachers and the Education Field

    • Loan To Value up to 97.75%
    • Credit Scores Down to 620
    • Property Must Be Primary Residence

    • Loan to Value up to 95%
    • Credit Scores Down to 620
    • Superior loan terms for higher credit borrowers

    • Loan to Value up to 95%
    • Credit Scores Down to 620
    • Superior loan terms for higher credit borrowers

    • Must be a Military Veteran to Qualify, Score down to 640
    • Financing up to 100%
    • Property Must Be Primary Residence

    • Home must fall within USDA geographic area
    • Income Limits Apply (must earn under a certain threshold)
    • Financing up to 100%, Score down to 640

    • Higher Loan Amount Loans, Typically over $417,000
    • Credit Scores down to 700
    • Competitive Fixed and ARM rates

    • Loan to value up to 90%
    • Credit Scores Down to 620
    • Property cannot be income generating

    • Loan to Value to 80%
    • Credit Scores Down to 620
    • Property intend to be income generating

    • Lower Initial Payments and Interest Rates
    • Payments and Rates Can Change Over Time
    • Excellent solution for 5 or 7 Year Loan Needs

    • Rate and Principle/Interest Payment Fixed for the life of the Loan
    • Low Monthly Payments
    • Most Popular Loan Program

    • Rate and Principle/Interest Payment Fixed for the life of the Loan
    • Lower Interest Rates than 30 Year Loan. 10/20/25 year loans also available.
    • Pay Your Home Loan Off Faster, Huge Savings over the Term of the Loan

    • Available for Fannie Mae or Freddie Mac Loans
    • No appraisal Required
    • Must be in current loan before June 2009.

    • Must be in current FHA Loan
    • No appraisal Required
    • No Income Documentation Required

    • Must be in current VA Loan
    • No appraisal Required
    • Must have VA Eligibility

    • Must be in current USDA Loan
    • No appraisal Required
    • Credit Score down to 640

    • Fannie Mae Cash Out up to 80% of the homes appraised value
    • FHA Cash-Out up to 85% of the homes appraised value
    • Appraisal Required
    • Cash out can be used for any purpose

    You shape our children, our communities, our future.
    Let us serve you, your family, your future.
    Call us today.

    1-855-720-2040

    1 The Educator Mortgage Program through Supreme Lending entitles the borrower to a closing cost credit equal to .20% of the funded loan amount up to the lesser of $800 or total closing cost amount. The credit applies to all loan products other than Bond Programs, which are not eligible under the Educator Mortgage Program. The lender credit will be reflected on the Closing Disclosure. No part of Lender Credit can apply to or offset down payment. Special incentive program subject to change without notice. This offer not valid with any other incentives or discounts.
    2 The Educator Mortgage Program through Supreme Lending entitles the eligible home buyer and/or seller to a credit against real estate fees equal to .20% of the loan amount up to a maximum of $800. Subject to Real Estate Agent participation. Supreme Lending will make best efforts to identify a participating Real Estate Agent but does not guarantee Real Estate Agent participation. In the case of no Real Estate Agent participation the home buyer or seller will not receive the discounted Real Estate Agent fees. See eligibility requirements listed above for qualifying buyer, seller and borrower.
    3 The Educator Mortgage Program through Supreme Lending also entitles the borrower to obtain a donation from Supreme Lending to their preferred school program equal to .05% of the loan amount, up to a maximum of $200. The donation is available on all loan products other than Bond Programs which are not eligible under the Educator Mortgage Program. The donation will be made directly to the school.
    A participating Real Estate Agent may also make a donation to the borrower’s preferred school program equal to .05% of the loan amount, up to a maximum of $200. Subject to agent participation. Supreme Lending will make efforts to identify a participating Real Estate Agent but does not guarantee Real Estate Agent participation. In the case of no Real Estate Agent participation the home buyer or seller will not be entitled to this donation, but it will not affect the lender credit or lender donation in any way. The donation will be made directly to the school.