Explore Denver neighborhoods, understand what homes cost, estimate your monthly payment, learn about mortgage and down-payment options, and prepare to buy with confidence.
Before scrolling through hundreds of homes, it helps to know what you can comfortably afford. Your home price, down payment, interest rate, property taxes, insurance and HOA dues can all affect your monthly payment. Understanding those numbers early can make your home search considerably easier.
Marc Purvis, NMLS #194539, has approximately two decades of mortgage experience helping homebuyers understand their financing options and make confident home-buying decisions.
As a Colorado mortgage professional with NEXA Mortgage, Marc works with first-time buyers, move-up buyers, investors, self-employed borrowers, relocating families and luxury homebuyers throughout Denver and Colorado.
Meet MarcThe Denver metro isn't one housing market. Neighborhoods differ in architecture, price, walkability and feel — start with one of our in-depth guides.
Luxury homes, condominiums, shopping and dining close to central Denver.
Established homes near the neighborhood's namesake park.
Larger homes, tree-lined streets, easy access to Cherry Creek.
Classic Denver architecture and mature, walkable streets.
Historic homes and newer development, minutes from downtown.
Newer construction, planned communities, parks and trails.
A simple roadmap from first conversation to closing day.
Income, assets, debts, target payment and goals.
Review mortgage options and an appropriate purchasing range.
Explore neighborhoods that match your priorities.
Evaluate homes and prepare a competitive offer with your agent.
Documentation, appraisal, underwriting and final approval.
Review final numbers, sign, and get your keys.
The amount depends on purchase price, mortgage program, down payment and closing costs. Some buyers use low-down-payment programs or down payment assistance; others put more down. Comparing scenarios helps determine the best approach. See our full breakdown.
No. Many programs allow qualified buyers to purchase with less than 20% down, depending on your financial situation and goals. See buying with 3% or 5% down.
In most cases, yes. Preapproval helps you understand your buying power and monthly payment before you're attached to a property. See preapproval vs. prequalification.
Mortgage approval and comfortable affordability aren't always the same thing. Start with a monthly payment that fits your budget, then calculate an appropriate purchase price. Try our affordability calculator.
Potentially, yes. See our self-employed buyer guide for the programs often used.
A loan amount above the conforming loan limits for conventional mortgages. See our jumbo mortgage guide.
Certain DSCR programs may qualify a property primarily on its rental cash flow. See our investment property guide.
There's no one answer. See our full breakdown: buy now or wait for rates to fall?