We Pledge to Save You Money with the Best Mortgage Rates in Colorado
How does lowering your interest rate by 0.75%** sound? Pretty good, right? We think so, too. When you work with an agent at Blue Pebble Homes to buy your home and close your loan through Blue Pebble Loans, you can save up to 2% of your loan amount in fees. So, when you want to score one of the best mortgage rates in Colorado, work with our team — it’s that simple.
And we make sure those savings are passed on directly to you. We don’t sneak in any surprise fees or surcharges into the transactions to eliminate your savings. Our goal is to simplify the real estate process for everyone and help you save money in the long run.
We’re a true one-stop-shop for all your residential real estate needs here at the Blue Pebble Group. We can handle every step of your real estate search and your transaction, and we can secure affordable financing with lower rates than other brokers because we’ve cut out the middlemen throughout the process.
Here’s How it Works at Blue Pebble Group:
- Fill out an online application by clicking “Apply Here!” or ask your Blue Pebble broker where to apply! This application helps us get started on pre-approving you for a loan.
- Check out your lower rates – Our brokerage model allows us to charge less than other mortgage brokers for your loan, and we put those savings right into your pocket! In fact, we can help you get rates that are up to 2% cheaper than most other mortgage brokers, so you can enjoy one of the best mortgage rates in Colorado.
- Meet with one of Blue Pebble’s real estate brokers to find your new dream home.
- Go shopping and tour homes with your broker! This is, obviously, the fun part, and we’ll help you find the perfect property for your needs and budget!
- Complete all the technical real estate stuff (e.g., offers, inspections, etc.) and work with our loan team to finalize your loan.
- Close on your home and loan with the Blue Pebble Group!
Please note that this offer is not available for home purchasers who require CHFA Downpayment Assistance or other structured down payment assistance programs. At Blue Pebble Homes, we have a minimum commission requirement for purchasers of 2.5% of the value of your home plus a $500 transaction fee. That said, we’ve streamlined the transaction process and don’t have as many salespeople involved in the process, so the total commissions you pay are often much less than other brokers. Very often, home sellers will offer higher compensation rates, and we reserve the right to earn higher fees if they are offered on your transaction.
How Can Blue Pebble Lower Mortgage Rates in Colorado?
To break down our process further (and to make our lawyers happy), here’s a little more info on how we use mortgage rate buydowns and discount points to achieve lower rates for home loans. If you have any questions about our financing solutions, please reach out! We’re happy to help.
- A mortgage rate buydown is a home financing strategy that allows the borrower to obtain a lower interest rate by paying discount points (also referred to as mortgage points or prepaid interest points) at closing.
- The discount points are applied to cover the difference between the standard rate and the lowered rate.
- This lower interest rate can either be applied for a certain period or the entire lifetime of the loan, which affects the exact structure of your home loan.
- Discount points are a one-time fee paid upfront.
- Buydowns are most beneficial when a seller or builder offers to pay the discount points on behalf of the buyer without significantly increasing the purchase price of the home. However, if the buyer intends to pay the points themselves, there are certain circumstances in which mortgage buydowns are more suitable.
No matter which Blue Pebble broker is assisting you, our discount mortgage program is available for everyone who partners with us. You’ll get to work with any of our agents/brokers and still be able to access this exclusive mortgage buydown program that you can use to offset existing closing costs or buy down your rate.
If you choose to use our discount mortgage program, you may reduce your interest rate between 0.6%-1.00%, which can reduce your monthly mortgage payments by up to 10%! This can save you hundreds of dollars per month on your mortgage payments. And those savings will add up quickly.
That said, it’s important to keep in mind your closing costs, which can vary drastically depending on the value of your transaction, the location, and many other factors. We generally advise clients to budget between 1%-3% of the home’s value for the closing costs and fees. But we can structure your transaction to reduce or eliminate those closing fees!
If you’re comfortable keeping your monthly payments the same, you can use the savings we generate for you to reduce your closing costs. Alternatively, we can use your savings to get you qualified for an even bigger property purchase. For instance, the savings we generate could allow you to buy a home with 6%-13% more square footage!
Would you prefer to receive these discounts in another manner? Let our team know and we will do our best to figure it out for you!
Absolutely not. Increasing fees on other parts of any residential real estate transaction to offset rebates or incentives is a violation of the Real Estate Settlement Procedures Act (RESPA).
We started our discount mortgage program to help our clients save money and get the best mortgage rates in Colorado. In today's real estate market, many cannot afford to purchase and own property. Our goal is to make it easier for you to qualify for your real estate transactions, so charging hidden fees is exactly the opposite of what we’re trying to accomplish.
Other real estate brokerages simply cannot offer the same type of discount mortgage program that we do for multiple reasons, but mainly because of our ownership structure. Blue Pebble Homes and Blue Pebble Loans are owned by the same ownership group (i.e., the Blue Pebble Group), which allows us to have greater flexibility in how we structure our fees.
We’ve spent years investing in our business model to be able to offer this for you because we know how challenging and frustrating it can be to break into the real estate market of Colorado. Let us support your pathway to your new home and deliver the savings you need for the right housing opportunity.