Douglas E. Jensen
My single purpose as your mortgage consultant, is ensuring you get the most exceptional rate available.
Professional Mortgage Broker With 18 Years’ Experience In The Great State of Colorado
Hello and Welcome to My Website, “Colorado Mortgage Expert” located at ColoradoMortgageExpert.com. My name is Douglas E. Jensen and I have been providing mortgage related services in the State of Colorado for the last seventeen (18) years. While I specialize and am considered an expert in Reverse Mortgages for Seniors over 62 years of age, I also provide other related mortgage and financing services on a day to day bases to a wide range of Coloradoans.
As a local broker, I especially enjoy working with our community and residents who live and work here in Colorado and I am well versed in the market changes that take place and effect, in a unique way, our states homeowners. In fact, one of the reasons you’ll want to discuss your financial needs with a “local” professional, rather than some larger national outfit, is that our entire team is local; your business matters to us, and we’re all living, working and supporting the same communities, so you can rest assured that there remains a working relationship before, during and after the closing of our loan. There is also no long hold times , tricky phone systems to navigate through and no call center. When you call you get directly to professional who can answer your questions immediately.
Wide Range of Financial Products
Below are the products most commonly applied for in which I help a) choose the best bank, b) receive the best terms available, and c) pay the least in fees over the life of the loan.
- 203K Rehab Loans
- 1099 Small Business Loan Programs
- Bad Credit Loan Programs
- Bridge Loan Programs
- Cannabis Business Loans
- Chapter 13 Financing
- Commercial Mortgages
- Commercial Property Financing
- Conventional Construction Loans
- Conventional Rehab Loans
- Conventional Mortgages
- FHA Construction Loans
- FHA (Gov-Backed) Mortgages
- FHA Streamline Refinancing
- Home Equity Line of Credit (HELOC)
- Hard Money Loans
- Interest Rate Reduction Refinancing Loans (IRRRLs)
- ITIN Loans: Mortgages
- Jumbo Construction Loans
- Jumbo Reverse Mortgages
- Manufactured Homes
- Military Borrowers (VA Loans)
- Mortgage Refinancing
- Non-Qualifying Mortgage Loans
- Non-Owner Occupied Loans
- Reverse Mortgages
- Reverse Mortgage Refinancing
- USDA Home Loans
- VA Cash-Out Refinance
- VA Renovation & Home Improvement Loans
This Website Is Secure
I’d also like to take this opportunity to detail what you will be able to do here on my site as most of our lives have becoming amazingly convenient in today’s digital world. First, this website is secure (loads with https in your address bar). This means your information is safe while you submit, even just our contact form. A secure site prevents information from being intercepted between you typing on your computer keys and the website storing the information sent such as your name, email and phone. So if you find the exact answer you’re looking for on our site or in our extensive FAQ section, you can start an application right online within a safe, secure, and private browsing experience. Second, each page is accompanied by a special contact form which lets me know what page you were reading, so you won’t have to explain it all in your contact details; just send over your name, number and email address and I’ll get back in touch with you right away. Nine times our of ten I’ll already have the info ready.
Call Me Days, Nights, Weekends
If you are ready to get started yet prefer to speak first please call me anytime day, night or weekend at (720) 336-7250; I’m personally here to answer any questions you may have, no matter how minor or insignificant you might feel they are. There is simply no question too big or too small. This site is designed to provide as much information as possible, while in a general informative nature and every person’s financial situation is different especially when you are dealing with equity, fluctuation in home values and credit ratios.
There are also situations where in-home closings or possible so there would be no need to travel to a mortgage broker, title company, or bank. These situations vary on the type of mortgage you are interested in and several different circumstances. My job is to provide the hand-holding, consultation and educational opportunity for you to make a well informed decision, and as stated in the entry to this page, “My single purpose as your mortgage consultant, is ensuring you get the most exceptional rate available,” and I stand by that commitment.
Our documents checklist is available for you to have an idea of the types of paperwork which may be required to validate income and credit. We also provide a continually updating view of mortgage rates in Colorado as well as national averages.
Ask about new Conquest Mortgages: A Conquest mortgage loan is an exclusive home loan program designed to offer some of the lowest mortgage rates in the industry. This program is only available to Brokers partnered with the Nation’s Largest wholesale lender.
Two Recent New Programs
A 2-1 Buydown will decrease payments for a total of 2 years:
- The borrower’s payment for the first year (first 12 months) will be calculated with an interest rate 2% lower than the Note Rate
- The borrower’s payment for the second year (months 13-24) will be calculated with an interest rate 1% lower than the Note Rate
- The third year of payments will be fully amortized and shall remain so for the remainder of the loan duration
- Amortized payments are not affected; The total difference between the borrower’s decreased payment and the fully amortized payment for years 1 and/or 2 (*depending on Buydown selected) will be subsidized by a seller credit for that specific dollar amount.
- The seller-paid subsidy for the Temporary Buydown is held in an escrow account. A portion of this subsidy is applied to each monthly payment during the buydown period.
- The borrower’s decreased payment + monthly subsidy = the amount of the fully amortized payment
Highlights
- Down Payment Assistance for FHA Borrowers
- Credit scores as low as 600
- DTI is per DU
- 10 year term 2nd
- 1 & 2 Unit Properties including Condos and PUDs
- Manufactured Eligible
- No Reserve requirements
- In House Underwriting- Fast Approvals
- No Overlays to FHA guidelines (manual ineligible)
Self-employed applicants are also welcomed to inquire. Often brokers avoid helping 1099 Earners because the loans tend to be more difficult to get approved. We enjoy going the extra mile or so and know how to get these deals funded.
A Few Very Happy Clients:
I was in a very difficult place with bad credit, tons of bills, insufficient income to cover all my expenses, yet had a LOT of equity in my home that I could not access because of all the above. After having gone through one attempt to re-fi, and not having it work, Doug contacted me and assured me that he would do everything he could to help me get the refinancing I needed. It was a process and required a LOT of patience (which I am not very good with), and we were able to accomplish what I needed. Doug kept telling me that he was working on my case, and that things were progressing which gave me the reassurance I needed to make it through all the paperwork efforts! I would highly recommend Doug because he is dedicated, professional, AND local to Coloradoans”