At Elevations, our experienced Mortgage Loan Officers are here to help you navigate the homebuying process. One of our excellent Mortgage Loan Officers, Ken Schmidt, has deep roots in northern Colorado and builds relationships and trust through mortgage lending. Get to know him here.
Where did you grow up?
I grew up here in Colorado and am a Colorado native. I was born and raised in Greeley up until middle school. Having family roots in farming, we moved out to a farm between Orchard and Weldona, east of Greeley. It’s a small, close-knit community; there were nine people in my graduating class, and I wouldn’t trade my experiences at Weldon Valley HS for anything. After high school, I went to CU for two years and then transferred to UNC for two years.
How long have you been with Elevations, and which location do you work from?
I’ve been at Elevations since early 2014. I cover northern Colorado working out of the Loveland Elevations branch. Weld County and Fort Collins are where I do most of my business, serving realtor partners and builders throughout northern Colorado.
How did you get started in Mortgage lending?
I had a strong retail management background, and I fell into mortgages. I had an opportunity where a mortgage executive thought I would be successful at this, so I gave it a shot, and it all transpired from there. In 1999, I moved to Nevada and started lending work for a broker and then a correspondent.
Wanting to get closer to my roots, I moved back to Colorado in 2012. I transferred with a national company for a short period, but I wanted to offer something more than a great rate and low fees. I needed something more to offer to customers and clients. I was attracted to Elevations for all of things we do in our community and everything Elevations does to set it apart from other lenders.
What else sets Elevations apart from other financial institutions for mortgages?
The culture. We have a culture to serve, and we genuinely lookout for the member’s best interest, not the bottom line or profit of shareholders. The mortgage lending culture at Elevations is just different. We always make decisions based on the principle that we put the member first.
What do you do for people buying a home?
My team and I strive to create an amazing experience for the member and for my referral partners. We help our members through the challenging process of successfully qualifying and closing on a home loan. What we do is not necessarily the most exciting part of the homebuying process, but we try to make it as seamless and easy as possible. We want to help educate our borrowers, provide an exceptional experience and have fun along the way.
What do you like about mortgage lending?
I like the ability to help people positively change their lives. We help with the biggest purchase of their life. I feel people research washers and dryers more than a home loan, so I want to educate them before they buy and give them the tools necessary to make wise financial decisions. I value that we help people get to closing on time, and I know that we just made a positive impact on their life.
Do you have any advice to homebuyers or realtors when selecting a financial institution for a mortgage loan?
The best advice I can give is to shop around and educate yourself. Don’t just choose the lowest rate — it’s not always the best financial decision. The three key factors are rate, fee and service. People don’t often realize that they may not be getting the best deal with the lowest rate.
What do you like to do in your free time?
When I have the time, my family likes to go camping, travel and have friends over for BBQs. With four kids, there are always lots of activities and sports going on. Speaking of sports, we are all avid Denver Broncos fans and enjoy a variety of sports. One of our favorite activities is touring the oceans on a Disney Cruise. I also have a passion for whiskey and bourbon, and I started a little group for fans of the spirit. We love the history behind whiskey and bourbon, and occasionally get together for tastings and events.
What is your favorite local restaurant?
I like a variety of good eateries. Lunch appointments at Biaggi’s is always a solid choice, and Bad Daddy’s Burgers is good for a burger and beer. I like the Greeley Chop House, and Kenny’s doesn’t disappoint. Mo Betta in Loveland is also one of the family favorites.