Monthly comfort
Build around the payment you want to live with, including taxes, insurance, mortgage insurance and HOA dues. Leave room for maintenance and the rest of your life.
Purchase financing
Build the financing plan before the offer.
Let’s work out a comfortable payment, the cash you’ll need and what has to be reviewed before you make an offer.
Eric Hyatt · Mortgage Loan Originator
NMLS #2026244 · F5 Mortgage LLC · NMLS #1938115
(303) 349-6677
Cash & reserves
Separate the down payment from closing costs, prepaid items, earnest money already paid and the cash you want to keep after closing.
A property that fits
Condo project requirements, condition, appraisal and insurance can affect financing. Ask about the property before relying on a generic preapproval.
Prepare for a real review
Know which documents
you’ll need.
I’ll help you put together the right document list for your situation. Salary, self-employment, commissions and part-time income can each call for different records.
- Identification and residence history
- Income records appropriate to your employment and income sources
- Bank or investment statements documenting the funds you plan to use
- Current liabilities and other properties you own
- Details of gift funds or assistance you want evaluated
Ask for the exact list before gathering sensitive information. Documents should go through the secure F5 workflow selected for your file.
Already working with an agent?
I’m happy to work with your agent. With your permission, we can coordinate the financing, contract deadlines and closing date.
Before you rely on a letter
Ask what
“preapproved” means.
Ask whether income, assets and credit have been reviewed, whether an underwriter has evaluated the file, what conditions remain and when the letter needs to be refreshed. A preapproval is not final approval or a funding guarantee.
Once a property is identified, the appraisal, title, insurance, project eligibility and contract deadlines become part of the financing plan. Talk with your lender before changing jobs, opening credit, moving large sums or financing a major purchase.
Use the complete buyer financing checklist →Colorado context
Look past
the list price.
Ask for current property tax information, including any special district assessments, and a property-specific insurance quote. HOA dues and potential assessments deserve their own review, especially for condos and townhomes.
Seller concessions can affect cash to close or financing costs, but program limits and the contract matter. Compare a price change, a credit and any temporary buydown against the same assumptions. A temporary payment reduction does not permanently change the note rate.
CHFA offers education and assistance through participating lenders. Review the program’s eligibility, repayment conditions and participating-lender requirements before including assistance in your purchase plan.
Explore official CHFA resources ↗Start with a conversation
Let’s build a purchase plan that fits.
Tell me a little about your plans. I’ll follow up to answer your questions and help you work out the next step.
Use email for general questions. Please do not email Social Security numbers, financial documents or other sensitive information. Ask Eric for the appropriate secure F5 workflow.
Mortgage company & licensing
Eric Hyatt, Mortgage Loan Originator · NMLS #2026244
F5 Mortgage LLC · NMLS #1938115 · Business phone: (303) 349-6677
Mortgage services through F5 Mortgage LLC. Real estate services brokered through HomeSmart, Colorado real estate license FA.100066211. Work with Eric for real estate, financing, or both. Your choice of lender and real estate broker is always yours.
Regulated by the Colorado Department of Regulatory Agencies. Equal Housing Opportunity. Information and calculator results are educational, are subject to change, and are not a rate quote, rate lock, approval or commitment to lend. Availability depends on current lender and program requirements, borrower eligibility, property and underwriting review.