300 Union Blvd Suite 650 & 505
Lakewood, CO 80228
Local: (303) 914-3820
Fax: (866) 571-3458

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Welcome to Academy Mortgage!

It’s all about service at Academy Mortgage Lakewood, and our company has been meeting the needs of homebuyers across the United States since 1988. We understand how important a home investment is to you and the impact it will have on your life. Therefore, our team of experienced mortgage professionals will make every effort to find the best loan program and pricing for your situation.

Our sole focus is on you—the customer—and you can count on us for exceptional service. A big part of this service experience is that every step of the mortgage loan transaction—processing, underwriting, closing, and funding—is handled locally, which results in our proven track record of closing loans as quickly and efficiently as possible.

We invite you to put us to the test. Let us show you how simple and easy securing a mortgage can be in Colorado.


Corp Lic: CA: 4170013; CO: 3113;

Licensed by the Department of Business Oversight Under the California Residential Mortgage Lending Act;

Technology continues to impact the housing industry

In today's digital age, interested homebuyers can browse available listings for properties in the area, research current market conditions and learn more about lenders. The Internet connects these buyers with a wealth of resources that assist them through the process of buying a home. 

Technology continues to mold real estate. The housing industry is fueled by buyer demand. With young adults entering the market, more technology is essential. According to Tech Crunch, many companies began catering to their audience by improving connectivity with millennial buyers. Some of these operations include: 

These companies demonstrated that adapting to today's buyers requires not only an understanding of emerging technology, but also the ability to develop their own technologies. As more interested buyers are turning to the Internet to start their search, ensuring this channel is as user-friendly as possible is crucial. 

The NAR's research emphasizes the importance of a hybrid technique. According to Real Estate in the Digital Age, a report published by the National Association of Realtors®, homebuyers use technology to aid their home searches.

"Realtors® constantly strive to find ways to make the home buying and selling process easier for and more accessible to their clients," said NAR President Chris Polychron. "There is nothing more important than helping people find and land their dream home, and since technology helps Realtors® do that, it will continue to be a priority."

However, buyers also crave face-to-face interaction with - and guidance from - real estate professionals. 

"Consumers have the ability to do more home buying research online and be more connected during the home search process than ever before, but research proves they are still seeing the value a Realtor® brings to the transaction, from the initial search to well after the closing," said Polychron. "Realtors® bring great value to buyers from every generation, demographic and location as well as in every financial and familial situation. So while consumers have more technological tools available at their fingertips, Realtors® are now more than ever a part of the home buying and selling equation."

When interested buyers begin their search for a new home and start the application process for a U.S. home mortgage, it's important industry professionals cater to their unique needs. 

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2014 CoreLogic Marketrac Report. Visit to find a loan, get a rate, or calculate your payment today.


How will the Federal funds rate hike affect consumers?

On Wednesday, Federal Reserve Chair Janet Yellen made a much-anticipated announcement: The Federal Reserve voted to increase the federal funds rate. This is the first increase for 2016 and the second made in about nine years.

Though many economists knew an increase was probably in the cards for the final Fed meeting of the year, many consumers aren't sure what it means for them.

What is the federal funds rate?

By law, banks need to end each day with a certain amount of cash on hand. If they come up short, they do what many consumers do when they're low on cash: They ask a friend, or in this case, another bank.

The bank will usually agree to the short-term loan, but with an interest rate tacked on. The federal funds rate is the highest percentage a bank is allowed to charge another institution for borrowing money.

Initially, an increase in the federal funds rate doesn't impact many people outside the financial industry. But over time, banks will begin to pass along the newly increased costs to their customers. So, how does this impact you? It all depends on what sort of debt you have.

If you have…

A mortgage

Most people who take out a residential mortgage opt for the 30-year fixed-rate mortgage. The "fixed-rate" part means that your rate will stay the same as long as you don't change the terms of your loan. But if you plan to refinance in the future, you might find that your new rate is higher than the rate on your old loan.

If you chose an adjustable-rate mortgage, your rate will stay the same throughout the agreed-upon period - usually three, five or seven years. But after that, your rate adjusts annually, according to market changes. When this period begins, or if you're in this period already, you might begin to see higher monthly costs.

How you can save

If you have a fixed-rate mortgage with a relatively low interest rate, it's probably best to keep it where's it stands. But if you have an adjustable-rate mortgage, consider refinancing to a fixed-rate mortgage. You'll end up with a predictable monthly bill, and you might avoid high interest rate fluctuations in the future.

A credit card

Credit cards generally have much higher interest rates than mortgages, plus they compound. This means that if you carry a balance over from one month to the next, you'll be charged a certain percentage of that amount.

Then, if you still have a balance on your card by the time your next billing cycle ends, you'll be charged that same percentage, even on the fee accumulated through interest the month before. Because of this, an increase in your interest rate by even just one or two percentage points can make a big difference in the long run.

USA Today reported that banks will likely pass along their fee increases to credit card holders in the next few weeks.

How you can save

If you know you have a balance on your credit card that you've put off paying for a few months, now is a good time to take care of it. Paying your balance in full every month is the best way to avoid interest charges. Also, it never hurts to shop around for a new card. You may be able to find a lower rate, or a card with a promotional 0% APR. If you do, pay down your balance completely before the promotional period ends.

Student loans

Many Americans take out federal student loans to help pay for college. If you are already in college or have graduated, your loans likely have a fixed interest rate, CNBC reported. This is because the majority of student loans are federally funded; just 7.5% are private loans. These can either carry fixed or adjustable rates. If yours is an adjustable-rate loan, the federal funds rate hike will have a bigger impact.

Additionally, prospective scholars who plan to take out loans in the next year or so might see rates that are a little bit higher. Federal student loan rates are determined by taking into account the 10-year Treasury yield. This measure has been inching higher lately, especially since the presidential election. The change in the federal funds rate will most likely push the Treasury yield even higher, pulling student loan interest rates with it.

How you can save

Unfortunately, there's not much someone looking to take out a new loan can do to avoid higher interest rates, other than research affordable options to make an informed decision.

However, if you have a variable-rate student loan now, you could consider refinancing for a fixed low rate. According to Stephen Dash, CEO of, a website that offers information on how to refinance student loans, the average borrower can lower their rates by 1.7 percentage points through refinancing, CNBC reported. If you have several student loans, variable-rate or not, you can also consolidate them. This can make payments a little bit less complicated, plus you may lower your interest rate.

The effects of the rate hike won't be apparent right away, but it's clear that most interest rates will begin to edge upward over the coming weeks, months and years. If you're considering taking out a loan or a mortgage, you might be able to save some money by signing on sooner rather than later.

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2015 CoreLogic Marketrac Report. Visit to find a loan, get a rate, or calculate your payment today.


Despite confidence, home builders remain cautious

According to a press release from the National Association of Home Builders, multifamily housing starts contributed to the 6.5% increase in all September starts when compared to the previous month.

Building permits dip slightly in September. While housing starts increased, building permits decreased 5% from August. However, building permits are 4.7% higher when compared on a year-over-year basis, according to a joint press release from the U.S. Department of Commerce and the U.S. Department of Housing and Urban Development. 

"Although our builders are gaining confidence in the housing market, they remain cautious about adding too much inventory," said the NAHB Chairman Tom Woods.

In addition, single-family permits decreased 0.3% and multifamily permits edged down 12.1% in September. 

While the South, West and Midwest experienced permit losses of 6.8%, 6.2% and 5.1%, respectively, the Northeast saw an increase of 8.3% when compared on a month-over-month basis. 

Housing starts and completions increase in September. According to the joint press release from HUD and the U.S. Department of Housing, privately owned housing starts increased to 1,206,000. This figure is 17.5% higher than the rate seen a year ago at this time. 

In addition, housing completions increased in September by 7.5% from August and were 8.4% higher when compared on a year-over-year basis. 

"Despite the modest month-over-month differentials in single-family production, this sector has shown gradual improvement throughout 2015," said NAHB Chief Economist David Crowe. "Since January, single-family starts are up 11 percent and we anticipate a similar pace for the rest of this year."

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2014 CoreLogic Marketrac Report. Visit to find a loan, get a rate, or calculate your payment today.