Resort communities tend to have higher land, labor, and material costs that contribute to overall higher housing costs. The benefits of living near work are many: less impact to the environment by reduced auto emissions, more free time for family and recreation, more time to participate in community activities. If you hope to live near your workplace in a resort, you’ll need to make budgetary judgments on what you realistically can afford.
The Housing Authority has several missions: to help people obtain safe, decent, energy-efficient rental and for-sale housing, and to guide prospective homeowners and current residents to home-buyer counseling and mortgage loan products.
Creating a personal or household budget is a good exercise in deciding whether you are ready to make the commitment to leap from rental housing to qualifying for a mortgage loan. The lenders listed below can help you pre-qualify as a buyer, so you may better purchase housing appropriate for you.
Broker Participation Program
The Broker Participation Program connects homebuyers/sellers with local real estate professionals who are familiar with the unique requirements of deed-restricted properties in the Gunnison Valley. Participating brokers are committed to helping buyers/sellers navigate the process with confidence.
Below is a list of participating brokers you can reach out to for support.
If you are a Broker and would like to participate in this program, please contact ownership@gvrha.org for more information.
Bet Egelhoff (Speaks Spanish)
Bluebird Real Estate
211 Elk Ave, Crested Butte, CO 81224 &
218 N Main St, Gunnison, CO 81230
(970) 306-5556
betegelhoff@gmail.com
I’ve been selling real estate for close to 10 years and often work with first time homebuyers and first time sellers. I really enjoy educating my clients and helping them understand the process, so they can feel confident about what they are doing. Being Spanish-speaking, I also serve the Hispanic community in Gunnison. I would be happy to give back and support my community, both Spanish and English speaking, by assisting with their deed restricted property transactions.
Regina Masters
Coldwell Banker Mountain Properties
215 Elk Ave Crested butte, Co 81224
(970) 596-3568
reggie.masters@cbmp.com
As a 50+ year resident of Crested Butte, I treasure our community. I sit on the committee awarding grants through our GCAOR Homebuyer’s assistance program, and I contribute to the fund from every closing. The locals are the heart of our community. I work to help locals achieve their goals of home ownership. I have been a licensed real estate agent since the early 70’s.
Wendy Preston
CrestedButte Realty Inc.
510 Elk Ave #7 Crested Butte, CO 81224
(970) 275-4835
w.prestonrealestate@gmail.com
I have lived in the Gunnison Valley since 1976. I specialize in serving clients who are looking to buy and sell in Gunnison and the surrounding areas. I have a comprehensive understanding of the market and am skillful and strategic pricing and marketing. I always put my client first and their interest first. I provide professional and trust worthy help in every step of the transaction. Reliable and honest, contact me for more information.
Alla Rubinstein
Signature Properties, Ebner & Assoc.
326 Elk Ave, Crested Butte CO 81224
(970) 305-5517
Alla@signaturepropertiescb.com
As an active agent since 2019, I have had the privilege of facilitating multiple successful deed-restricted transactions in Gunnison Valley, including selling my own deed-restricted home. With first-hand experience navigating the complexities of affordable housing, I am deeply committed to helping you stay in the valley and being part of the solution. I’ve worked with clients to simplify the process, ensuring they fully understand the terms and benefits by providing clear, knowledgeable and compassionate representation. I aim to continue my dedication to making home ownership more accessible to the hardworking individuals and families in our community.
Lending Resources
Andi Alexander
Community Banks of Colorado
503 Sixth Street, Crested Butte, CO 81224
(970) 708-2505
aalexander@cobnks.com
Offers:
- FHA, VA, USDA, CHFA, FNMA, and FHLMC programs
- Portfolio loans for unique or non-warrantable properties
- Internal down payment assistance programs for buyers up to 80% AMI
Sarah Baskfield (Speaks Spanish)
MAC-5 Mortgage
474 Haverly Street, Crested Butte, CO 81224
(970) 596-4949
Sarah@cbloanz.com
Offers:
- USDA, FHA, VA, and conventional loans
- Fannie Mae and Freddie Mac first-time buyer programs
- CHFA and Gunnison County Association of Realtors (GCAR) down payment assistance
Alecia Lambert
Gunnison Bank and Trust Company
232 W. Tomichi Avenue, Gunnison, CO 81230
(970) 642-5141
alambert@gunnison.bank
Offers:
- 30-year fixed mortgages
- USDA, FHA, VA, and non-QM loans
- Locally serviced portfolio loans
- Access to 800+ down payment assistance programs via Freddie Mac DPA One
Michelle Phelps
Guild Mortgage
114 North Boulevard Street, Suite 101, Gunnison, CO 81230
(970) 230-5901 or (970) 596-6868
michelle.phelps@guildmortgage.net
Offers:
- FHA, VA, USDA, and conventional loans
- CHFA down payment assistance
- Guild internal portfolio options
- Flexible underwriting for lower credit scores
Brenda Sargent
Gold Star Financial
219 North Iowa Street, Suite A, Gunnison, CO 81230
(970) 642-3477
bsargent@goldstarfinancial.com
Offers:
- Conventional loans with as little as 3% down
- FHA loans with 3.5% down
- CHFA grants and lender credits (typically $500+)
- Giving to Heroes program
Spanish Lending Resources
For help in avoiding foreclosure, visit www.ColoradoForeclosureHotline.org or call 1-877-601-HOPE (1-877-604-4673).
If you are a mortgage lender or loan originator, and would like to be listed here, please call the Gunnison Valley Regional Housing Authority at 970-641-7900.