To apply for a Meadowlark unit, you will need a loan prequalification letter from a recognized bank or mortgage broker. This letter must specify the maximum price you can afford based on your qualifications and income. The loan prequalification process will help you understand your borrowing capacity and your own financial situation before beginning the lengthy process to apply to purchase a home.
Loan qualification takes time. Please initiate a prequalification letter from a lender as soon as possible so that you have a complete application prior to the deadline.
Most local banks are familiar with lending on deed-restricted properties.
Applicants are encouraged to shop for the best lending rates and decide which bank to work with.
While you are not required to use one of these lenders, each of these banks are familiar with the project and the terms of the Deed Restriction and would be happy to assist you with applying for a mortgage:
- Alpine Bank—Telluride
Danny Craft, Branch President
Kelsey Gubbels, Branch Manager
- Community Banks of Colorado—Telluride
Chad Kusono, Branch President
- Dolores State Bank—Telluride
Kathy McJoynt, Senior Leader
- Guild Mortgage—Grand Junction
Minde Harper, Branch Manager
- First Western Trust Mortgage
Scott Prince, Mortgage Loan Originator
- US Bank—Telluride
Seth Weatherfield, Branch and Area Manager