Spire Financial

Spire Financial: residential mortgage loans in Colorado

Spire Financial is a division of V.I.P. Mortgage, Inc. that operates as a full-service residential mortgage lender. Its activity focuses on home purchase and refinance loans, with a model in which all stages of the credit process are handled in-house, from application and pre-approval through underwriting and funding. The company notes that this structure eliminates the uncertainty of outsourcing important milestones in the residential financing journey.

Mortgage refinancing

The firm offers refinance loans aimed at different financial goals. Among the options detailed in its catalog are cash out refinance, lower rate refinance, home improvement refinance, and debt consolidation refinance. According to the company, these options allow homeowners to leverage the equity accumulated in their home, reduce monthly payments, or shorten the term of the original loan.

Home purchase loans

In the purchase segment, Spire Financial offers conventional loans, fixed rate loans, 15-year and 30-year mortgages, down payment assistance loans, FHA loans, jumbo loans, and VA loans. The company describes conventional loans as those backed by private lenders rather than government agencies, with less paperwork, no upfront mortgage insurance, and access to competitive rates. For purchase loans, the team analyzes the applicant's income-to-debt ratio, credit history, and down payment to determine the right option.

Additional programs

In addition to standard mortgage products, the company has its own programs such as Spire Key Approval and Cash Buyer. The Cash Buyer program is presented as an alternative for home acquisition, although the material does not detail its specific conditions.

Resources and tools for applicants

The company's website provides users with mortgage, refinance, and amortization calculators, as well as rate comparison tools and informative content on credit scores, buying a home with bad credit, and criteria for good credit history. It also includes sections on how to qualify and what you can qualify for based on the applicant's profile.

Structure and presence

Spire Financial operates with offices in Denver (Downtown) and Westminster, both in Colorado. The company is part of V.I.P. Mortgage, Inc., which operates under federal fair lending laws and holds specific state licenses. Information on rates and programs is subject to change without notice, and all products are subject to credit and property approval.

Location and contact

1123 Auraria Parkway, Suite 300 Denver, CO 80204 · Phone: (303) 595-0110