Peloton Preferred Mortgage Lending Options
Elevations Credit Union
Lauri Larson NMLS# 978485 Lauri.Larson@elevationscu.com Direct: 303-402-5451 Fax: 303-413-3854 2960 Diagonal Highway P.O. Box 9004 Boulder, CO 80301Elevations Credit Union Application
- Programs
- As little as 10% down for prices up to $924,000:
- 7/1 Fixed Initial Rate Mortgages (30 year amortization)
- 5/1 Fixed Initial Rate Mortgages (30 year amortization)
- For purchase prices of $924,000 to $1,875,000 with 20% down:
- 7/1 Fixed Initial Rate Mortgages (30 year amortization)
- 5/1 Fixed Initial Rate Mortgages (30 year amortization)
- Common documents required for pre-approval include:
- Loan Application (1003)
- Most recent 30 days’ paystub
- Two years’ complete tax returns
- Two years’ W2s
- Proof of assets for down payment
- Interior insurance coverage
*Self-employed borrowers or borrowers with multiple properties will need to provide additional information