Lender Guide to Affordable Homeownership Opportunities
The city's homeownership program is designed to work with standard mortgage financing. Dozens of lenders have purchased, refinanced and made home equity loans on permanently affordable homes in Boulder. We hope that you will find the Lender Program Guide on the right side of this page helpful.
The City of Boulder requires that mortgages meet several requirements, the intent being to reduce the risk of default and foreclosure. In the event of a foreclosure, the lender has the right to remove the affordability restrictions if the city does not intervene. As such the city has instituted a number of precautions to prevent foreclosure so that we do not lose a permanently affordable home from our inventory. Our mortgage requirements have been developed with this in mind while attempting to preserve adequate mortgage options for buyers.
Lender Referral list
We maintain a list of lenders on our website who are interested in working with our buyers and current homeowners. Many buyers and owners refer to these listings as they select a lender. Please review the Lender Program Guide and then contact us if you would like to be added to this list.