Business Details
31 Years
experience
Your Trusted Mortgage Partner in Colorado Springs
Founded in 1995 by retired Air Force officer Roy Clennan, Mortgage Solutions Financial was established to provide a trusted, customer-centric alternative to large, impersonal financial institutions. Our mission has always been to redefine the mortgage experience for both our clients and team members. As a family-owned company, we have grown to employ hundreds of professionals across the country, helping over 130,000 families secure their ideal home loans. We prioritize personalized service, streamlined processes, and innovative solutions tailored to individual financial situations. Our expertise spans conventional, government, and unconventional loan programs, ensuring accessibility for diverse credit profiles.With a focus on transparency and integrity, we guide clients through every step of the mortgage journeyfrom pre-approval to servicing. Our commitment to excellence is reflected in our industry reputation and the lasting relationships we build with our clients. We continuously adapt to meet evolving market needs while maintaining our core values of trust, experience, and community impact. Our teams dedication to ongoing education and customer satisfaction ensures we remain a leader in the mortgage industry. Today, we continue to empower homeownership through innovative lending solutions and unwavering support.
Services
Home Purchase Loans
Refinancing Options
Cash-Out Refinance
Rate-and-Term Refinance
Loan Servicing
Pre-Approval Process
Mortgage Assistance Programs
Escrow Management
ACH Autopay Setup
Mortgage Counseling
Details
- Year established: 1995
Highlights and features
- We offer a wide range of loan programs including government, conventional, and unconventional options.
- Our simplified process features less paperwork and quicker approvals.
- Specializing in helping buyers with bad credit, little-to-no down payment, or no credit history.
- Personalized service from experienced loan experts committed to customer satisfaction.
- Proven track record of helping over 130,000 families achieve homeownership.
Associations and certifications
- NMLS
What people say
Personalized customer service
Quick approvals
Helped with bad credit
Went above and beyond
Friendly service
Services
Home Purchase Loans
We provide diverse home purchase loan programs tailored to individual financial situations. Our offerings include conventional, government-backed, and unconventional loans designed for buyers with varying credit profiles. Our streamlined application process and expert guidance ensure a smooth path to homeownership for first-time buyers, repeat purchasers, and those with unique financial challenges.
Refinancing Options
Our refinancing solutions help homeowners adjust their mortgage terms to meet financial goals. Options include rate-and-term refinancing to lower payments or shorten loan duration, and cash-out refinancing to access home equity. We simplify the process with clear guidance and competitive rates, ensuring clients maximize savings or investment opportunities.
Loan Servicing
We manage all aspects of post-closing mortgage administration through our dedicated servicing division. This includes payment collection, escrow account management for taxes and insurance, and personalized customer support. Our innovative software platform enables easy account management, while our team remains available to address inquiries or payment difficulties promptly.
Cash-Out Refinance
This program allows homeowners to tap into their property's equity for major expenses. Funds can be used for debt consolidation, home improvements, or education costs. We offer competitive rates and simplified documentation to ensure a straightforward process, helping clients leverage their home's value while maintaining favorable loan terms.
Pre-Approval Process
Our pre-approval service strengthens homebuyers' offers by verifying financial eligibility before property searches. This process involves assessing income, credit history, and debt-to-income ratios to determine loan amounts. Pre-approved buyers gain a competitive edge in real estate transactions while gaining clarity on their budget constraints.
People
Roy Clennan
Founder
A retired Air Force officer, Roy established the company to provide trustworthy mortgage solutions while prioritizing personalized service over corporate impersonality. His leadership shaped the firm's customer-centric ethos.
Questions
How do I apply for a mortgage?
Start by connecting with a loan officer via phone or our website. Provide financial documentation for pre-approval, then work with our team to select the best loan program for your needs.
What refinancing benefits are available?
Refinancing can lower monthly payments, reduce interest rates, shorten loan terms, or provide cash for expenses through equity extraction. Our experts help determine the optimal option for your situation.
How are escrow accounts managed?
We collect monthly payments for property taxes and insurance through escrow accounts, adjusting amounts annually based on updated billing statements to ensure timely payments.
What if I miss a mortgage payment?
Contact our servicing team immediately at 866-558-8850 to discuss options. We offer assistance programs and flexible solutions to help borrowers avoid delinquency.
Do you offer loans for bad credit?
Yes, we specialize in unconventional loan programs for borrowers with credit challenges, including tailored government-backed options and personalized financial counseling.
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