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Lakewood, CO 80228
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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.



Read these articles to educate yourself on the mortgage process and industry.

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

Now is the time to buy a home

Freddie Mac's Primary Mortgage Market Survey, released on June 4, indicated the average interest on a 30-year fixed-rate mortgage remained the same on a week-over-week basis. However, Bankrate tracked a small decrease from the previous week. In both instances, the rates remained at a higher level than seen in 2015. 

Interested homebuyers may want to make their move now to take advantage of the current rates before they increase as a reflection of a stronger U.S. economy and job market. 

Mortgage rates stay at the highest level seen in 2015. While rates for 30-year FRMs remained the same from last week, the average interest on 15-year FRMs decreased to 3.08% from the previous week's average of 3.11%.

Rates for both 30- and 15-year FRMs remain below the average rates from a year ago at this time. This suggests it is still a good time for interested buyers to apply for conventional mortgages and secure these lower rates.

"Mortgage rates were little changed for the week following mixed economic data before bond yields began moving higher Wednesday afternoon," noted Len Kiefer, Freddie Mac's chief economist. "Although real GDP growth was revised down to a negative 0.7 percent annualized rate, the Institute for Supply Management reported a modest growth in the manufacturing sector in May."

Bankrate tracks little change from the previous week. According to Bankrate, 30-year FRMs decreased slightly to 4.06% and 15-year FRMs jumped to a new 2015 high of 3.26%. Home prices and overall demand for housing may also be responsible for current rates. 

"The numbers are showing home prices growing just about everywhere," said Patrick Newport, an economist for IHS Global Insight. "I think that what's driving them isn't mortgage rates. It's the tight market inventory."

Experts recommend buying now to lock in lower rate. Most professionals in the lending industry believe low interest rates will not continue. If an interested homebuyer can afford a home, he or she should make the move toward purchasing real estate.

In addition, mortgage payments with current interest rates will likely be less expensive than renting a living space. 

"Most people expect the Fed to raise rates by midyear," Newport noted. "Mortgage rates are bottoming out right now."

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.


November home sales tick up

November saw impressive gains in the real estate market, according to a recent report from the National Association of Realtors. Existing-home sales increased 0.7% month over month, landing at an annual rate of 5.61 million during the first 11 months of the year.

The gains put November 2016 15.4% ahead of November 2015 and marked the third month in a row during which growth was experienced in this area. Lawrence Yun, the NAR's chief economist, noted that he wasn't surprised by the positive news.

"November marks the third consecutive month of existing home sale increases."

"The healthiest job market since the Great Recession and the anticipation of some buyers to close on a home before mortgage rates accurately rose from their historically low level have combined to drive sales higher in recent months," he said in a statement. "Furthermore, it's no coincidence that home shoppers in the Northeast — where price growth has been tame all year — had the most success last month."

Mixed predictions

While Yun commented that November's pace seemed in line with current circumstances, other industry experts had anticipated a slightly less productive month. CNBC reported some economists predicted home sales to fall 1% in November to 5.5 million.

These economists weren't all wrong. In fact, there were only two areas of the country that saw increasing home sales:

But in the Midwest and the West, home sales dropped 2.2% and 1.6%, respectively.

Rates and inventory affect market

As Yun noted, the high possibility of increasing interest rates could have encouraged prospective homebuyers to move quickly in November. Sure enough, the Federal Reserve voted to increase the key funds rate during the last Federal Open Market Committee Meeting of the year, which ended Dec. 14. While this may not immediately impact mortgage rates, there's a good chance residential mortgage rates will begin to creep up in the coming weeks and months.

Even though November proved to be a successful month in home sales, many industry experts believe there will be a slight dip heading into 2017. Rising mortgage rates could be a factor, but likely won't be the only cause. Throughout the course of 2016, a common theme holding back home sales still rings true: Inventory is too low to accommodate all of the home shoppers on the market.

"Existing housing supply at the beginning of the year was inadequate and is now even worse heading into 2017," Yun explained. "Rental units are also seeing this shortage. As a result, both home prices and rents continue to far outstrip incomes in much of the country."

Inventory at the end of November included 1.85 million existing homes, 8% fewer than in October and 9.3% fewer than November 2015. This is the 18th month in a row of year-over-year inventory decreases.

The very fact that there aren't enough homes to go around will slow down sales. But the problem is manifesting in another way as well: increasing home costs. The median existing-home price was $234,900, nearly 7% higher in November 2016 than it was in November 2015. Home prices have been steadily seeing year-over-year increases like this for nearly five years.

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.


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.