Prequalification is the first step in home ownership. By completing the pre-qualification request our Colorado Mortgage Lende ... rs should find a way to let you know just how much you can afford and what your estimated monthly payment will likely be. Our Colorado mortgage broker team will also assist you to identify the eligible loans areas near you. The first time home buyers normally make use of the FHA 203(b) loan to receive financing. However, anyone can qualify for the FHA loan and is therefore not limited to the first time buyers only. The FHA loan is the most widely used residential loan plan in America. read more