Lafayette Home Loans, Home Loans in Lafayette, Colorado  
 
  
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Lafayette Home Loan

Discover the Simpler Way to Purchasing a Home with a Loan from American Financing.

The mortgage Consultants at American Financing have the best programs for purchasing a home. Whether you’re a first time buyer or a seasoned veteran, we have the ideal program for you and your family. Take advantage of our many options…

  • $0 down payment programs
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  • Traveling mortgage Consultant —we'll come right to your door.
  • 80% 1st mortgage 20% 2nd mortgage with no mortgage insurance.
  • Salary-based mortgage Consultants  and NOT 100% commissioned based loan officers

 


        
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Lafayette is located a mere 6 miles from Denver on the high plains of the Rocky Mountains, you'll find Lafayette, Colorado resting in a rich natural environment with beautiful views of the plains, Boulder's Flatirons, and the snow-capped Rockies.

Approximately 23,000 residents of Lafayette real estate display a great deal of pride in their community, readily evident in Lafayette are well-kept neighborhoods, tree-lined streets and carefully planned parks and open space that form a seamless transition from community to community.

Lafayette offers a wide variety of cultural and recreational opportunities. The city has built a world-class recreational center and 14 neighborhood parks, providing such diverse activities as boat rentals, picnic facilities and jogging-fitness trails, outdoor swimming pools, picnic and play areas, tennis courts, and athletic fields. Considering Lafayette is a beautiful, moderate weather, both duffer and golf fanatic alike must visit our highly rated championship Indian Peaks Golf Course, designed by Hale Irwin.

Ffounded in 1888 by Mary Miller. She and her husband, Lafayette Miller, had moved to the area to farm land acquired via the Homestead Act in 1871. In 1874 the Millers moved to Boulder. Lafayette Miller ran a butcher shop and was a town trustee. Lafayette Miller died in 1878. Mary Miller moved back to the farm with their six small children. In 1884 coal was discovered in the Miller farm. In 1887 John Simpson sank the first shaft which began the coal mining era. In 1888 Mary Miller designated 150 acres of the farm for the town of Lafayette which she named after her late husband. In July of 1888 a second mine, the Cannon went into operation and the first houses were built. In 1889 the town of Lafayette was incorporated, as stipulated in the original town deeds no alcohol was sold East of what is now known as Public road.

Lafayette quickly became a part of the coal mining boom that all of eastern Boulder and southwestern Weld counties were experiencing, with the Cannon and Simpson mines being the largest and most productive. By 1914 Lafayette was a booming town with two banks, four hotels and a brickworks. Lafayette was also the location of a power station that served Louisville, Boulder, Longmont and Fort Collins.

Mary Miller continued to be a leader in the community, especially in January of 1900 when the town burned. She founded what would become the Lafayette Bank in 1990. She was elected President of the bank and at that time was the only woman bank president in the world. The bank closed in 1914 because of roughly $90,000 in bad loans to the United Mine Workers. She devoted to the temperance movement and eventually ran for State Treasurer on the Prohibition ticket. Miller died in 1921 at her daughter-in-law's home at 501 E Cleveland St.

Lafayette continued to thrive as a coal mining town. Many miners struck in the aforementioned strike in the 1910s, which was nationally recognized as a great Wobbly (Industrial Workers of the World; a radical labor group) strike; noted for the Ludlow Massacre of miner's families by the national guard in the Southern Coal Field near Trinidad, CO.

In 1927, Lafayette's coal miners struck again. This time, the mining massacre was closer to home, resulting in the deaths of 5 Lafayette resident miners just northeast of town at the Columbine Mine Massacre on November 27, 1927, in what is now the ghost town of Serene, CO near Erie, CO.

Strangely, it was another female financier who came to the miners' aid again - Ms. Josephine Roche, the daughter of the anti-labor deceased owner of the Rocky Mountain Fuel Company that owned many of the mines in the Lafayette area, used some shares of the company she had inherited from her father and bought a controlling interest in the company, and immediately began the most labor friendly mine operation in the United States. She went on to be a top assistant to Franklin Delano Roosevelt's Secretary of Labor, Frances Perkins. Back in Lafayette, life became much better for the coal miners with the more Labor-friendly management of the RMFC.

Coal mining declined as an industry by the 1950s as natural gas replaced coal. The Black Diamond mine closed in 1956 and Lafayette returned to an agricultural economy. As Denver, CO and Boulder, CO grew residential growth in Lafayette increased. With the increase in residential growth the farm based economy changed commercial, small industrial and manufacturing.

Today, Lafayette is a thriving community, with the cultural and commercial center still being found in the revitalized Old Town district, especially along Public Road. The town hosts a variety of unique events each year, including an Oatmeal Festival in cooperation with the Quaker Oats Company, a Peach Festival, a Wine Festival, and Lafayette Days.

The main public high school in Lafayette is Centaurus High School, with approximately 1000 students. The recently opened Peak-to-Peak Charter school takes students from Kindergarten to High School Graduation. The public middle school is Angevine Middle School, and the elementary schools are Lafayette, Alicia Sanchez, Bernard D. Pat Ryan, and Pioneer Elementary; a bilingual school where English and Spanish are both spoken for half a day. Alexander Dawson School is a K-12 college prep school on the north end of town. Lafayette is part of the Boulder Valley School District.

The mayor of Lafayette is Chris Berry, and the Mayor Pro-Tem is David Strungis.

His backup, Boulder criminal-defense lawyer Leonard Frieling, also announced he was resigning. In Frieling's resignation letter to the city, he said "I cannot in good conscience sit on the bench while being unwilling to enforce the municipal ordinances," adding "specifically, since you have seen fit to increase the penalty for cannabis possession from a $100 fine (which matches the state penalty) to a $1,000 fine and a year in jail, I find that I am morally and ethically unable to sit as a judge for the city." The city later announced that "Ordinance No. 06, 2007, which amended Section 75-41 and 75-42 of Lafayette’s Municipal Code regarding the maximum penalties for possession of cannabis (marijuana), [had] been withdrawn" and "will be the subject of a Council Workshop Meeting on April 3."

 


 

As a pioneering developer and the principal home builder in Strasburg, Pauls Homes® takes pride in the home we build for our customers. Providing homeowner satisfaction and a quality product, we handle all aspects of the home buying process, from design and interior selection to construction and warranty work. Pauls Homes® is dedicated to making sure your home buying experience is the best it can be.

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