Lending Services

Colorado Springs Real Estate Lending Services

Direct Lenders

Mortgage Brokers

Free Consulting

Choosing the right lender can make all the difference in whether you have a smooth transaction while you work to get the keys to your home. The sale and purchase of real estate is a delicate dance between a number of parties. Any one party’s failure to act faithfully, and responsibly on any one point during the transaction can cause delays, or at it’s worst, throw the deal. So choosing your lender is highly important, as they are the financier, and they determine whether or not to fund your loan. With Element Home Life, we are happy to provide you with a selection of lenders for you to interview and see who has the best lending program for you.

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Lending Options

A direct mortgage lender is a financial individual (banking institution) or mortgage bank that offers financing of home loans. Lenders have specific borrowing guidelines to verify your creditworthiness (run a credit report) and your ability to repay the loan. They set the terms, interest rate, repayment schedule, final loan approval (underwriting), and other key aspects of your mortgage. 

On the other side, a mortgage broker works as the middleman between you and a number of lenders. Mortgage brokers don’t control borrowing guidelines, the lending timeline or final loan approval. Brokers are licensed professionals who collect the information submitted on your mortgage application, your qualifying documentation, and they also run your credit. The broker will then, if necessary, counsel you on items to address on your credit report. They may also speak with you about your finances, to help strengthen your chances on an approval. Most mortgage brokers work for an independent mortgage company, they are allowed to shop multiple lenders on your behalf, to help you find the best possible rate and deal. 

The difference between the two, a lender works for one banking institution, which limits the borrower to only the programs available by that particular bank. The broker can shop multiple lenders, to put your loan package in front of the lender that has the best lending program for you. Because the mortgage broker has the ability to work with so many lending institutions, if you are someone who has a credit disadvantage or you need a bit more financial leadway, using a mortgage broker may be a better option. It’s also important to note that you do not need to have any credit or financial disadvantage to use a broker. They will work with any client. Here at Element Home Life, we can help you assist you in most any lending capacity. 

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Find A Lender Below

Valen Gonzales

element home life valen one mortgage

About One Mortgage

We at One Mortgage are excited to help you in your pursuit of home ownership. Our team is committed to assisting you with your mortgage and dedicated to providing you the best experience throughout the process.

At One Mortgage, we are proud to be approachable, proficient, and provide an extraordinary level of service. Our customers are the most important part of our business, and we will work tirelessly to ensure your complete satisfaction.

*One Mortgage has also made a commitment to saving our buyers as much money on their mortgage by doing away with unnecessary fees. This means no processing, underwriting, admin or broker fees. That is an average savings of $1400 in closing cost!

Should you have any questions, please do not hesitate to call:

Kat Drake

About Handcrafted Home Mortgage

Welcome to Handcrafted Home Mortgage, a Colorado Springs mortgage lender specializing in purchase home loans and refinance loans. As artists in the craft of lending, our Mortgage Craftsmen are dedicated to making this home loan process a different experience than what you may have experienced in the past. With a focus on helping our families explore and obtain the best mortgage loan for their lifestyle, you have our personal promise that your home loan experience will be one that has you coming back for your next home.

Believing in the power of an old fashioned handshake, at Handcrafted Home Mortgage, you have our guarantee that once approved, we will close your Colorado Springs home mortgage loan in as little as 21 days. With competitive rates and no lender or application fees, Handcrafted Home Mortgage gives you the option to apply for your Colorado Springs home mortgage using HANDCRAFTED EDGE, our handy, hassle-free online application process.

Highly Reviewed

"Element Home Life is dedicated, resourceful, and goes the extra mile for their clients. They are well known in the community and an award winning company. I highly recommended their services!"
Sammi Blaque
Happy Client
"If your looking to buying a home, Element Home Life is the way go. looking to get you into a home you deserve and want to raise a family in. They are professional, great at communication & very reliable."
Cierra Parras
Happy Client