Mortgages are complex, but at Community Banks of Colorado we’re here to help. Whether you’re buying your first home, refinancing your current home, or buying your dream home, we will walk you through the process every step of the way. We offer a variety of mortgage solutions, but here are some of the most common:


3% Down Payment

If you don’t have a 10% to 25% traditional down payment, this could be the ideal mortgage for you.


95% Cash Out

Access the equity in your home to make improvements to your residence with a 95% cash out loan.


Jumbo Loans

Looking for a larger home? A Jumbo mortgage may be the solution for you. Your loan can be customized with fixed or adjustable rates and a choice of terms.


Federal Housing Administration (FHA) Loans

If you’re a first-time home-buyer and don’t have the traditional 20% down payment or you’re having a hard time qualifying for a traditional loan, you may benefit from our FHA loan program.


Veteran’s Administration (VA) Loans

If you’re a veteran, active duty in the military or serve in the National Guard or reserves, the VA Loan offers you and your spouse an affordable home financing solution. The VA Loan program has provided affordable home financing solutions for more than 20 million veterans and their families.


USDA /Rural Mortgages

You could receive 100% financing for your property if you live in an eligible rural area under the USDA Rural Development’s Single Family Housing Guaranteed Loan Program.


Construction to Permanent Loans

Conveniently combine two loans in one closing with our Construction to Permanent loan. One loan finances the construction of your home and the other loan is a permanent loan once the building process is complete.


Home Equity Solutions

A home equity term loan or home equity line of credit (HELOC) let’s you borrow against equity in your home as collateral.

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If you received a loan through Peoples Bank and want to make a payment, please click here.


Frequently Asked Questions

  • An Adjustable Rate Mortgage, commonly referred to as an ARM, is a loan type that allows the lender to adjust the interest rate during the term of the loan. A Fixed Rate mortgage in which the monthly principal and interest payments remain the same throughout the life of the loan. The most common mortgage terms are 30 and 15 years. With a 30-year fixed rate mortgage your monthly payments are lower than they would be on a 15 year fixed rate, but the 15 year loan allows you to repay your loan twice as fast and save more than half the total interest costs.

  • The APR on your loan is required by the Federal Truth in Lending law. The APR is designed to present the actual cost of obtaining financing, by requiring that some, but not all, closing fees are included in the APR calculation. These fees in addition to the interest rate determine the estimated cost of financing over the full term of the loan. Unfortunately, the APR doesn’t include all the closing fees. Do not forget that the APR is an effective interest rate-not the actual interest rate. Your monthly payments will be based on the actual interest rate, the amount you borrow, and the term of your loan.

  • You’ll receive a report of the appraisal of your property at your loan closing. An appraisal of your property is required to determine the value of your property. Appraiser’s qualifications and credentials are determined by national industry standards and most states have additional licensing requirements. It is not uncommon for the appraised value of a property to be exactly the same as the amount stated on your sales contract.

  • Yes, you need an appraisal and home inspection which are designed to protect you against potential issues with your new home. Home inspectors generally perform a detailed inspection and can educate you about possible concerns or defects with the home. This is your opportunity to gain knowledge of major systems, appliances and fixtures, learn maintenance schedules and tips, and ask questions about the condition of the home.

Community Banks of Colorado mortgages are originated and disclosed by NBH Bank. Although you’ll receive NBH Bank documents during origination, your mortgage will be serviced by Community Banks of Colorado unless you’re notified that your loan will be sold.