Colorado Mortgage Rates July 23, 2010
Findlocalmortgagerates.com reports today on Colorado mortgage rates for 30 year fixed rate mortgages and 15 year fixed rate mortgages from four bank mortgage lenders. The survey displays the results of mortgage rates in CO from two of the largest bank mortgage lenders in the U.S., Chase Mortgage and US Bank, as well as two of the top 15 largest bank mortgage lenders based in Colorado, FirstBank and UMB Bank.
FirstBank of Colorado and UMB Bank Colorado are the 12th and 13th largest bank mortgage lenders based in Colorado. Chase Bank is the largest U.S. based bank while US Bank is the 5th largest.
Colorado mortgage rates from the four bank mortgage lenders ranged from the lowest mortgage rate of 4.625% to the highest rate 5.00% on the 30 year and 4.125% to 4.375% on the 15 year term home loan.
The key to finding the best local mortgage rate is to find a competitive mortgage rate, low closing costs low and efficient customer service. To help search for the lowest mortgage rates, the following rates, points and APRs are the results from the Colorado mortgage rate survey:
FirstBank offers a 30 year mortgage rate of 4.875% with no points and an APR of 4.902%. FirstBank also has a 15 year mortgage rate of 4.125% with 1.0 point for a 4.316% APR.
UMB Bank offers the 30 year fixed rate mortgage in Colorado at 4.875% with no points and a 5.014% APR. The 15 year mortgage rate in CO from UMB is at 4.28% with no points and a 4.516% APR.
US Bank mortgage rates in CO include the 30 year at 4.625% with no points and an APR of 4.690% as well as the 15 year mortgage rate at 4.125% also with zero points and a 4.236% APR.
Chase mortgage rates in Colorado for the 30 year and 15 year mortgage are; the 30 year rate is at 5.00% with .125 points for a 5.062% APR and the 15 year rate is 4.375% with .25 points for a 4.499% APR.
Due to daily market changes in mortgage interest rates, the rates posted are subject to change at any time and without notice. Mortgage interest rates in Colorado by the listed bank mortgage lenders are subject to credit approval, income documentation, property approval and other loan underwriting factors. Individual mortgage rates and costs may vary.
FirstBank has over 130 bank locations in Colorado, Arizona, and California. FirstBank consumer mortgage information is available at 866-964-2040.
UMB Bank of Colorado is part of UMB Financial Corporation, diversified company offering commercial, institutional and personal financial services. UMB operate 135 banking centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska and Arizona. UMB Bank mortgage department can be reached at 800-862-5713.
US Bank mortgage rates and information are available at 800-365-8544.
Chase Mortgage rates and loan information is available at 800-873-6577.