Median Sale Price
$563,000
Colorado statewide median — well above the national $417,700 median
+0.9% YoYColorado · VA LoansVA Loans in Colorado:
VA Loans in Colorado:
Eligibility, Benefits & Local Programs
$0Down payment (full entitlement)
No PMINo monthly mortgage insurance
No limitLoan amount with full entitlement
2.15%Funding fee (first use, 0% down)
The short version
VA in Colorado at a Glance
VA loans are a benefit earned through military service: eligible Colorado veterans, active-duty service members, and qualifying spouses can buy with $0 down and no monthly mortgage insurance.
$0
Down payment (full entitlement)
0
Monthly mortgage insurance (no PMI)
Exempt
Funding fee for most disabled veterans
VA loans are guaranteed by the U.S. Department of Veterans Affairs and originated by VA-approved lenders like Intra Mortgage. You'll need a Certificate of Eligibility (COE), and the home must be your primary residence and pass a VA appraisal. Colorado is a heavily military state — the Colorado Springs area alone anchors several major installations — and the $0-down, no-PMI VA benefit matters here because Colorado is also the priciest market in our footprint.
Colorado-specific note: Two things stand out in Colorado. First, prices are high — the statewide median is well above the national FHA floor — which makes the VA benefit's $0 down and no loan limit (with full entitlement) especially valuable. Second, Colorado offers a disabled-veteran property-tax exemption: for veterans rated 100% permanent and total (and Gold Star spouses), 50% of the first $200,000 of the home's value is exempt. Confirm current eligibility with the Colorado Division of Veterans Affairs and your county assessor.
Colorado housing market
Local Market Snapshot
Colorado pairs the priciest market in our footprint with one of the densest military communities — the Front Range and Colorado Springs especially — where the VA benefit does real work.
Days on Market
49 days
Statewide average — inventory has loosened from the frenzy years
Longer than 2024Military Presence
High
Colorado Springs is one of the most military-concentrated metros in the U.S.
Steady demandMilitary Bases
Many
Fort Carson, Peterson & Schriever SFB, the Air Force Academy, Buckley SFB
Front RangeColorado Springs anchors Fort Carson, Peterson and Schriever Space Force Bases, and the U.S. Air Force Academy, with Buckley Space Force Base near Denver — so PCS moves and VA use are constant here. In a market this expensive, $0 down and no VA loan limit (with full entitlement) are exactly the levers that keep buying attainable.
Colorado veteran benefits
Colorado Programs That Stack With a VA Loan
These Colorado veteran benefits and assistance programs can work alongside a VA loan.
Disabled Veteran Property-Tax Exemption
Homestead exemption for rated veterans
- Benefit
- 50% of the first $200,000 of the home's value exempted from property tax
- Who qualifies
- 100% permanent & total service-connected disability; Gold Star spouses may qualify
VA Funding Fee Exemption
Federal benefit for disabled veterans
- Benefit
- The one-time VA funding fee is waived
- Who qualifies
- Veterans receiving VA disability compensation (10%+) and certain others
CHFA Programs (veteran-eligible)
State housing assistance that can pair with financing
- Benefit
- Down payment assistance and homebuyer support statewide
- Who qualifies
- Income-eligible buyers, including veterans; CHFA FirstStep serves veterans in target areas
USDA + VA (Rural Colorado)
Options outside the metro areas
- Benefit
- VA's $0 down statewide; USDA 0% down in eligible rural areas
- Who qualifies
- Primary residence; USDA has area and income limits
Stack the benefits. A Colorado veteran combines the VA loan (0% down, no PMI, no loan limit with full entitlement) with — if disability-rated — a waived funding fee and the state property-tax exemption. In Colorado's high-price market, those levers matter more than in most states. Eligibility and terms change, so we confirm each with the VA, CHFA, and your county before you rely on it.
Real scenarios
Colorado VA Borrower Profiles
Common veteran and service-member situations we see in Colorado — and how the VA benefit works for each.
Profile A
First-use active-duty buyer, Colorado Springs
Stationed at Fort Carson, buying a $470,000 home. Full entitlement, so $0 down — a major advantage against Colorado prices. First use with no down payment means a 2.15% funding fee (financed) unless a disability rating exempts it. No monthly mortgage insurance.
$0 downNo PMI~40 day close
Profile B
Disabled veteran, Front Range
Rated 100% permanent & total disabled, buying a $520,000 home. The VA funding fee is waived, and Colorado exempts 50% of the first $200,000 of value from property tax for eligible veterans. We line up the COE and the exemption paperwork with the county assessor early.
Funding fee waivedProperty-tax exemption$0 down
Profile C
High-price buyer using no VA limit, Denver
Buying a $620,000 Denver-metro home. Because VA has no loan limit with full entitlement, the higher price is not a barrier and still needs $0 down — where a floor-limited program would fall short. We confirm full entitlement on the COE and model the funding fee.
No loan limit$0 down at any price35–45 day close
Profile D
Rate-lowering refinance, Aurora
Already has a VA loan near Buckley Space Force Base and wants a lower rate. A VA Interest Rate Reduction Refinance Loan (IRRRL, the VA Streamline) typically needs minimal documentation and, in many cases, no new appraisal. A small funding fee may apply unless exempt.
IRRRL / VA StreamlineMinimal paperwork30–40 day close
Run the numbers
Colorado VA Payment Estimator
Estimate your monthly payment. VA has no monthly mortgage insurance — the one-time funding fee is financed into the loan. In higher-price Colorado, $0 down and no loan limit are what make the benefit stretch.
Colorado median: $563,000 · VA: no loan limit with full entitlement
Rates vary by credit, lender, and market
Monthly P&I
$3,635
Principal & interest
VA Funding Fee
$12,104
One-time, financed into the loan
Total Monthly
Talk to a loan officer$3,635
P&I only — no monthly MI
Estimates only. The VA funding fee shown is the first-use rate for the selected down payment and is waived for most veterans with a service-connected disability; subsequent use is higher. No monthly mortgage insurance. Does not include property tax (a disabled-veteran exemption may apply), homeowner's insurance, or HOA dues. Not a commitment to lend.
Answers to real questions
Colorado VA Loan FAQs
From the field
Our Take on VA in Colorado
"Colorado is expensive, and that's exactly why the VA benefit shines here — $0 down and no loan limit with full entitlement mean a service member at Fort Carson can buy at a price point that would stop a floor-limited loan cold. Add the state's disabled-veteran property-tax exemption and a waived funding fee, and the math gets very good. We just make sure every earned benefit actually gets applied."
Katie Smith
VP of Operations & Senior Loan Officer, Intra MortgageKatie leads buyer guidance across Intra's footprint and works with the Colorado team on VA files for service members and veterans along the Front Range — from Colorado Springs to Denver — where high prices make the VA benefit especially valuable.
What to watch for on Colorado VA files:
- Certificate of Eligibility and full-entitlement status — the key to $0 down at higher prices
- Funding-fee exemption for disability-rated veterans
- State property-tax exemption paperwork and deadlines with the county assessor
VA-Approved Lender
Full access to VA loan benefits
5.0 Google Rating
Verified borrower reviews
NMLS #2620605
Equal Housing Lender
Licensed in Colorado
Local mortgage guidance
Ready to move forward?
Talk to a Colorado VA specialist
Get straight answers on entitlement, the funding fee, the state tax exemption, and the benefits you've earned — no obligation.