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El Paso County Turnkey Mortgage Origination Program

As an El Paso County Turnkey Mortgage Origination Program participant lender, Ent offers affordable financing with down payment assistance. 

The El Paso County Colorado Turnkey Mortgage Origination Program is a good choice for borrowers who: 

  • Would benefit from down payment assistance
  • Want a fixed, monthly loan payment amount
  • Prefer a conventional, 30-year mortgage loan

El Paso County Colorado Turnkey Mortgage Origination Program advantages include:

  • A down payment assistance grant of three to four percent of the mortgage amount; No re-payment required
  • Program open to current homeowners and first-time homebuyers
  • Available to qualifying low- and moderate-income El Paso County homebuyers
  • An affordable, competitive interest rate

El Paso County Colorado Turnkey Mortgage Origination Program guidelines:

  • Maximum income amount of:
    • $89,760 with two or fewer wage earners
    • $104720 with three or more wage earners
  • Maximum home purchase price of $316,177
  • Available on FHA/VA 30-year, fixed rate loans
  • Borrower(s) must have a credit score of 640 or higher for single family homes
  • Borrower(s) debt-to-income ratio must be 45 or lower
  • Financing is available on first mortgage loans (not refinances)

Standard credit and underwriting guidelines apply. All loans are subject to final credit approval. Financing on homes throughout Colorado. The interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for federal income tax purposes. Consult a tax adviser for further information regarding the deductibility of interest and charges.  
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