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It’s important to know that there are many different parties involved in the home buying process. There’s usually a seller, a buyer, 2 realtors, a Title company, and the Lender.

All of those people depend upon the lender to get the loan financed and closed on time. Ideally, they will all be in constant contact with that lender, getting updates on the appraisal, collecting documents, transferring information to and from the title company, all the while working closely with the borrower.

With all these important processes, people, and timelines, a local lender is much better suited to handle these tasks. Out of town lenders, online lenders, big banks, and national mortgage lenders cannot possibly handle all these with efficiency—they don’t commit to having the same person working on the loan. Everyone, including the borrower, are left dealing with voicemail and talking to different people not familiar with the loan.

At Indigo Mortgage, we encourage borrowers to “stay local”! From our experience, it makes the process of purchasing your Colorado home and getting your mortgage so much easier—it also keeps more of your money in your community!

CO VA Cash Out Survey of VA Rates and Fees in Colorado