VA Loans — Peyton & Falcon, CO
The Falcon/Peyton corridor's proximity to Peterson SFB, Schriever SFB, and Fort Carson makes it a top choice for military families. VA loans offer zero down payment and no PMI—maximizing your purchasing power in this growing community.
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The eastern plains communities of Falcon and Peyton offer military families what's increasingly hard to find near Colorado Springs: new-construction homes on generous lots at prices below the metro median. A service member stationed at Peterson Space Force Base can reach their home in Meridian Ranch in under 20 minutes, while Schriever SFB personnel face a similar commute along Highway 94.
VA loans amplify the value proposition. With zero down payment required, a buyer can purchase a $500,000 new-build home with no upfront equity requirement. Add the absence of private mortgage insurance, and the monthly payment on a VA loan is typically $200–$350 less than an equivalent conventional loan with 5% down. That savings compounds over a typical 3–4 year PCS cycle.
Builders in the area—Classic Homes, Campbell Homes, and Vantage Homes among them—are well-versed in VA appraisal requirements. The new-construction inventory means fewer appraisal surprises compared to older homes, and many builders offer military appreciation incentives that can be stacked with VA financing benefits.
Zero Down Payment
Purchase with no money down using your VA benefit
No PMI
Save $200–$350/month vs conventional with less than 20% down
Competitive Rates
VA rates are typically 0.25–0.50% below conventional
Reusable Benefit
Use your VA loan benefit multiple times through PCS moves
Calculate your estimated monthly mortgage payment including taxes and insurance
Peterson Space Force Base (20 min), Schriever Space Force Base (25 min), and Fort Carson (35 min) are all within commuting distance.
For eligible veterans with full entitlement, there is no VA loan limit. Those with reduced entitlement follow the conforming limit of $816,500.
Connect with Emmett directly. Quick response, personalized guidance for your Peyton/Falcon home purchase.