There are several factors to consider in buying a home. Home much you plan to put down will determine your Program, as well as your FICO score. If you go FHA, the rates are better than Conventional and require minimum 3.5% down. FHA has up-front mortgage isurance and monthly Mortgage insurance. You should be fully qualified before we put you infront of a Realtor. A 5/1 ARM vs a 30 Fixed rates is around 1%. So if I could offer 3.75% on a 5/1 ARM and a 30 year fixed FHA 4.75%, as of today. You could also have the Seller pay for up to 3% of your closing cost. This is a simple request and could help with this. I lend in all States. I hope this helps. This is only the tip of the Ice-berg!RC

Please call me so that we can discuss your options.Thanks,Kirk AndersonSr. Mortgage ConsultantBNC National Bank877-262-4050

Adjustable rate programs are still a lot lower than 30 year fixed rates. The spread between ARM's and fixed rates is signaficant, and would certainly allow you a lower monthly payment if that is your goal as you move towards your purchase in Denver.Contact me at 435.986.2220 if I can help answer any other questions for you. ThanksDaveRed Rock Home Loans

Rates for adjustable mortgages can ranges from 1% to 5.25% depending which type of ARM Products you have chosen. with the market now, it is still cheaper than fixed rates but if you are trying to buy a home there are so many great first-time homebuyer programs or FHA out there that can even move you in for very little or nothing at all but if this is not your first buying a home then there are programs available too. The best idea is to contact mortgage company to do a prequalification and then go over the product type and rate together. That way you are sure of what the rate will be and how much the payment will be per month.My name is Ana Vichaidist and I am a senior loan officer for First USA Home Loans with over 10 years of experience. Call me for a free mortgage analysis1-877-472-9887 or avichaidist@firstusahomeloans.com