Frequently asked questions

No. Conversations, payment estimates, pre-approval strategy, program comparisons — all free. Lenders are paid through the loan transaction itself, and only if you actually close one.

Peter is based in Monument and serves the whole Front Range — Colorado Springs, Monument, Palmer Lake, the Tri-Lakes area, Denver metro, and communities across Colorado. He is licensed in Colorado.

Text 719-208-9994. Calls and email work too, but texting gets the quickest answer — including evenings and weekends when house hunting actually happens.

Yes. The Pikes Peak region is one of the largest military communities in the country, and VA lending — entitlement, COEs, BAH-based budgeting, PCS timelines — is core to Peter’s practice.

As little as 3% conventional (first-time buyers), 3.5% FHA, and $0 for eligible VA and USDA buyers. CHFA assistance can help qualified Colorado buyers with down payment and closing costs on top of that.

Roughly: 620+ for conventional, often 580+ for FHA, flexible for VA. Better scores mean better pricing. Below those marks, Peter can help you build a realistic improvement plan.

Yes — gift funds from family are allowed on most programs, including the entire down payment on FHA. There’s a simple documentation step (a gift letter) that Peter walks everyone through.

Lender, title, appraisal, and prepaid tax/insurance items — often 2–3% of the price. Depending on the market, sellers can contribute, and some structures trade a slightly different rate for credits. Peter shows you the options side by side.

Often within a day or two of providing your documents through Fairway’s secure application. If you’re touring homes this weekend, say so — Peter moves at your timeline.

About 30 days from accepted offer is typical, and Peter’s clients repeatedly note their loans closed on time. Faster timelines are sometimes possible when a deal needs it.

Nobody can time rates — and waiting has its own cost if prices rise. The honest framework: buy when the payment works for your life, and refinance later if rates genuinely improve. Peter will tell you if your math doesn’t work yet.

The right answer depends on your numbers, not the news cycle. Peter will run your actual scenario — payment, cash needed, and how it compares to your rent — so "good time" becomes a math question instead of a vibes question.