LoansByEmmett
Military couple with VA home loan in Colorado Springs
El Paso County VA Specialist

VA Loans in Colorado Springs
100% Financing for Military Families

Colorado Springs is one of the largest military communities in America, with five installations and over 50,000 active-duty personnel. As a wholesale VA loan specialist with 240+ lenders, we deliver the most competitive VA rates in El Paso County — whether you are PCS-ing to Fort Carson, stationed at Peterson SFB, or retiring from a career of service.

Get VA Pre-Approved (866) 617-7381

VA Loan Benefits for Colorado Springs Buyers

VA loans are the most powerful mortgage product available in America — and Colorado Springs is the perfect market to use them. Here is what makes VA financing unbeatable.

Zero Down Payment

Purchase a Colorado Springs home with 100% financing. No down payment required on homes up to and above $816,500 with full entitlement. Keep your savings for moving costs, furniture, or emergency reserves.

No PMI Ever

Unlike conventional or FHA loans, VA loans never charge private mortgage insurance. This saves Colorado Springs VA borrowers $200-$500+ per month compared to equivalent conventional loans with less than 20% down.

Lowest Interest Rates

VA loans consistently offer the lowest interest rates of any mortgage product. Our 240+ wholesale lenders compete for your VA business, delivering rates typically 0.25-0.50% below conventional loans.

Flexible Qualification

VA loans have no minimum credit score set by the VA (lender minimums vary, many of ours accept 580+). Debt-to-income ratios can exceed 50% with compensating factors. Bankruptcy and foreclosure waiting periods are shorter than conventional.

PCS to Colorado Springs? We Start Before You Arrive

Receiving PCS orders to Fort Carson, Peterson SFB, Schriever SFB, or USAFA is exciting—but the timeline pressure is real. You need to find a home, secure financing, and close before your report date. Our military lending team is built for this urgency.

We begin your pre-approval process the moment you receive orders, often weeks before you arrive in Colorado Springs. Our digital platform allows you to upload documents, review rate options, and lock your loan from anywhere in the world. When you arrive and find a home, we are ready to close in as few as 21 days.

Pre-approval begins when you receive PCS orders
Remote document collection from any duty station
BAH income qualification for maximum purchasing power
E-closing and digital notarization available
21-day average close time on VA purchases
Coordination with military relocation agents
Colorado Springs Garden of the Gods with Pikes Peak views

VA Lending by Installation

Fort Carson

BAH: $2,100/mo (E-7 w/dep) | Popular areas: Security-Widefield, Fountain, Powers Corridor, Stetson Hills

Our highest-volume VA installation. Fort Carson PCS arrivals typically target $350K-$500K homes. Many junior enlisted use VA + seller concessions for zero out-of-pocket closings.

Peterson SFB

BAH: $2,100/mo (E-7 w/dep) | Popular areas: Briargate, Northgate, Powers Corridor, Black Forest

Higher concentration of officers and senior enlisted. Peterson families often purchase in the $450K-$700K range and may benefit from VA Jumbo loans for premium neighborhoods.

Schriever SFB

BAH: $2,100/mo (E-7 w/dep) | Popular areas: Falcon, Peyton, Meridian Ranch, Woodmen Hills

Located east of the Springs, Schriever families often find the best value in Falcon and Peyton where new construction offers 4-5 bedroom homes under $450K with short commutes.

U.S. Air Force Academy

BAH: $2,100/mo (E-7 w/dep) | Popular areas: Monument, Northgate, Briargate, Gleneagle

USAFA faculty, staff, and graduating officers typically purchase in the northern Springs or Monument. Price points range from $400K for starter homes to $800K+ for established officers.

Colorado Springs VA Loan Payment Calculator

Monthly Payment Calculator

Calculate your estimated monthly mortgage payment including taxes and insurance

%$70,000
%
Estimated Monthly Payment
$2,563
Principal & Interest$1,863
Property Tax (est.)$350
Home Insurance (est.)$350
Loan Amount$280,000

Colorado Springs VA Loan FAQ

What is the VA loan limit in Colorado Springs for 2025-2026?▼
The VA loan limit in El Paso County is $816,500 for 2025-2026. However, veterans with full entitlement can actually borrow above this limit with no down payment required, thanks to the Blue Water Navy Vietnam Veterans Act. This means you can purchase homes in premium Colorado Springs neighborhoods like Broadmoor or Flying Horse using VA financing even if the price exceeds the conforming limit.
How quickly can you close a VA loan for a PCS move to Fort Carson?▼
We average 21 days from contract to close on VA purchase loans for PCS families, compared to the industry average of 45-50 days. We accomplish this through our pre-underwriting process that begins when you receive PCS orders, before you even arrive in Colorado Springs. Our digital document collection system and e-closing capabilities allow much of the process to happen remotely while you are still at your previous duty station.
Does BAH count as qualifying income for VA loans?▼
Yes, Basic Allowance for Housing is counted as non-taxable income for VA loan qualification. Because BAH is tax-free, it is actually grossed up by 25% when calculating your qualifying income, giving you more purchasing power. For example, a Fort Carson E-7 with dependents receiving $2,100/month BAH would have that amount grossed up to $2,625 for qualification purposes.
Can I use my VA benefit if I already own a home at my previous duty station?▼
Absolutely. You may be eligible for second-tier (bonus) VA entitlement, which allows you to have two VA loans simultaneously. This is common among PCS families who want to keep their previous home as a rental property while purchasing in Colorado Springs. We specialize in calculating remaining entitlement and structuring dual VA loan scenarios.
What is the VA funding fee and can it be waived?▼
The VA funding fee ranges from 1.25% to 3.3% depending on down payment and whether it is your first VA loan use. The fee can be rolled into the loan amount. Importantly, the fee is completely waived for veterans with a 10% or higher VA disability rating, Purple Heart recipients, and surviving spouses. Given Colorado Springs' large veteran population, a significant percentage of our VA borrowers qualify for the fee waiver.
Do you handle VA loans for Guard and Reserve members at Peterson SFB?▼
Yes. Guard and Reserve members qualify for VA loans after 6 years of service (or 90 days of active-duty service under Title 10 or Title 32 orders). Many Guard and Reserve personnel at Peterson SFB, particularly Space Force reservists, have qualifying service through prior active-duty time or deployment orders. We verify eligibility through your DD-214 or Statement of Service and can often determine qualification within 24 hours.

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Why Contact Emmett?

  • ✓ Local Colorado Springs market expertise
  • ✓ Access to 240+ wholesale lenders
  • ✓ Same-day pre-qualification available
  • ✓ No obligation, free consultation