COMMUNITY LENDING/CRA

Affordable Housing Development and Construction Loans
Vectra is proud to provide loans to help for profit, nonprofit and single-family housing developers who are acquiring land, developing empty tracts or renovating affordable housing in the neighborhoods where we do business. Contact John Pike in our Commercial Real Estate group at 720–947–8350 or John.Pike@vectrabank.com.

Loans to Small Business Owners
As a Small Business Administration Preferred Lender, we are committed to growing and sustaining small businesses by providing financing for working capital, equipment purchases and inventory.

Home Ownership Loans
We offer special loan products featuring affordable rates, low down payment and low closing costs to make it easier for low-to-moderate-income families to fulfill their dreams of home ownership. Additionally, we have access to many down payment and closing cost assistance funds, helping families with the biggest hurdle to owning a home — the down payment.

Loans to Community Based Not-For-Profit Organizations
Vectra offers loans to community development groups and faith-based organizations that work in under served communities. These loans might be used for the construction or expansion of a church, economic development in the community, working capital needs, owner-occupied real estate or almost any project designed to have a positive, long-term effect on the neighborhood.

Rent-Restricted multifamily Housing
We can serve as a construction lender for new construction and rehabilitation projects and provide tax-exempt financing, tax-credit financing and Federal Home Loan Bank Affordable Housing Program Financing to those who qualify. We also have access to permanent financing through Fannie Mae, HUD and private investors.