The Colorado Springs mortgage market
Colorado Springs is one of the nation's largest VA markets due to the heavy military presence.
VA loans with 0% down dominate — the largest VA buyer market in Colorado.
Top loan programs in Colorado Springs
- VA — commonly used by Colorado Springs buyers in this market.
- FHA — commonly used by Colorado Springs buyers in this market.
- Conventional — commonly used by Colorado Springs buyers in this market.
How much you can borrow in Colorado Springs is set at the county level — the 2026 conforming and FHA ceilings for El Paso County determine where conventional financing ends and jumbo begins. Check the current El Paso County loan limits before you set a purchase price.
Explore loan programs in Colorado Springs
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Side-by-side breakdowns for the programs Colorado Springs buyers weigh most often.
- FHA vs. Conventional →Down payment, credit, and mortgage insurance trade-offs.
- VA vs. FHA →Two low-down-payment options — which one costs less.
- Jumbo vs. Conventional →When a purchase price pushes you past the conforming limit.
- DSCR vs. Conventional →Qualify on rental income instead of your tax returns.
How to qualify for a mortgage in Colorado Springs
Because Colorado Springs is a heavy VA market, most veteran and active-duty buyers start with VA eligibility — 0% down, no PMI, and competitive rates. For buyers without VA entitlement, conventional and FHA round out the picture. Lenders look at credit, DTI, residual income (for VA), and how the home will be used.
- Primary residences: conventional, FHA, VA, or USDA depending on credit and down payment.
- Second homes: typically conventional or jumbo with 10–20% down.
- Investment properties: conventional investor loans (20–25% down) or DSCR loans based on rental income.
Get pre-approved for a Colorado Springs mortgage
Tayton Capital is an independent mortgage broker licensed in Colorado and Florida, helping buyers across the Front Range — including Colorado Springs — find the right loan program at a competitive rate. As a broker we shop conventional, FHA, VA, USDA, jumbo, and DSCR lenders to match each borrower with the best fit.
What clients say about working with us near Colorado Springs
All 203+ reviews →"This was our second time using Tayton Capital and could not be happier with our experience. All the documentation and information was clearly explained and easy to process. Highly recommend this company for future buyers!"
"Taylor simply made our American Dream come true. We are truly grateful for his effort, patience, and all the knowledge he shared with us while helping us secure our first-time home buyers mortgage loan."
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See what you qualify for — fast, free, no obligation.
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