Do you need a home loan for real estate in beautiful Monument, Colorado? At the foot of Mount Herman, Monument, Colorado lies north of the Air Force Academy in El Paso County. If you want a rural small town of under 10,000 residents, elbow room, trails and big views, Monument is the place for you. Look here for elegant Colorado homes on good-sized lots and highly ranked schools as well as small businesses – restaurants, galleries, and shops – and outdoor events. Monument has been selected #2 Best Places to Live in Colorado.
Springs Home Mortgage uses creative home financing to help you achieve homeownership in this area. Ask about conventional loans, VA loans, or USDA and FHA financing.
Homebuyers also choose homes in Monument because of easy access to both Denver and Colorado Springs. Look to the west for fishing holes in Palmer Lake and towards the splendid Rocky Mountains for hiking, rock climbing, horseback riding, and mountain biking through Pike National Forest. In addition, the highway through Monument connects to Highway 83 as it parallels the interstate farther east.
Homes and Neighborhoods
In Monument, homebuyers find single family homes on small acreage in uncrowded neighborhoods. These include many master planned communities with trails, parks, swimming, golf, and amenities closer. With a sprinkling of older but mostly newer homes, Monument’s real estate includes condos, patio homes, and single-family homes, rural properties, and ranches. Prices range from $200,000 to over $2 million.
Most of the single-family home lots are spacious in the Monument communities. Buyers can find half-acre lots, even 5 acre lots. A bit farther east and north, the Monument semi-rural neighborhoods offer larger parcels, some 5-10+ acres zoned for horses or livestock. Working farms and ranches fill in the gaps. A densely treed area immediately north of Monument, Black Forest mingles with the equestrian/farming lifestyle.
A home search in the Monument area could take buyers through over 100 subdivisions. Homestead at Jackson, Lake of the Rockies, Sanctuary Pointe, Dunes at Woodmoor, and Wagons West among them. Perhaps standing out from the crowd are gorgeous estates surrounded by beauty and privacy.
History and Character
Monument’s first homesteaders arrived in 1865 to mark out the town’s preliminary shape, but settlement increased when Monument became a stop along the Rio Grande Railroad in 1872. The area was incorporated as a town called Henry’s Station, renamed Monument after Monument Rock formation. With the help of the railroad, which brought in necessities, people started small businesses and grew this peaceful small town.
Schools
Families living in Monument are served by the highly rated Lewis-Palmer School District 38.
Home Loans in Monument Colorado
Springs Home Mortgage offers home loans and personalized service in the Monument area. If you and your family want to settle down in Monument, contact us for loan package options and preapproval. Popular choices include FHA, VA, USDA, and conventional loans. Lending agents at Springs Home Mortgage are experienced with every financial helping program for homebuyers offered here in Colorado.
Let us find you a well-suited mortgage for a home in Monument. If you come to the table with equity or savings, a conventional home loan could be the best option for higher loan amounts or jumbo loans. Conventional home loans permit financing up to $484,350 for a single unit in Monument. Applicants need good credit and a substantial down payment. We will explain the pros and cons of the conventional loan, including options for a variety of fixed-rate or adjustable-rate contracts.
USDA loan could be the best option if you do not have resources for a down payment. Often, qualified applicants can be approved for 100 percent financing with no down payments. Similarly, the program for VA loans gives Veterans this boost. FHA mortgages also offer some programs for low down payment and closing costs. In addition, we can look at the programs offered by the State of Colorado to facilitate financing a home in Monument.
Springs Home Mortgage knows the value of living in Monument. Get pre-approved for your home loan now and be positioned to bid on your next new home. Let us help you get the house keys!