VA Home Loans in Colorado Springs

Who helps you with a VA loan in Colorado Springs?

The Everetts Lending Team is Jimmy Everetts (NMLS #1719458), Brandon Gonzales, who handles loan processing and approval, and Rachel Holden, who handles the client experience. We're part of Edge Home Finance, LLC (NMLS #891464), a mortgage broker, and we lend across Colorado, Colorado Springs included.

Jimmy served on Navy submarines from 1996 to 2004, worked as a TV reporter, and has been in mortgage lending since 2018. He has used his own VA benefit more than once.

In Jimmy's words:

"I bought my first home in 2010, after I got out of the Navy. Nobody did a very good job explaining my VA benefit. I thought I could only use it once. I knew it was zero down, but I didn't know it didn't cover closing costs. I had an excellent agent, and we're still close, but my lender wasn't very knowledgeable. Nobody explained how to make the most of the loan, or that I still had eligibility for another VA loan. That's what got me interested in helping other veterans with theirs."

Can you buy in Colorado Springs before you report?

In most cases, yes. A VA loan is for a home you'll live in, and federal law (38 U.S.C. 3704(c)) has you certify that you intend to occupy it. If you're on active duty and your service keeps you from moving in yet, the law treats the requirement as met when your spouse lives in the home and signs the certification, or when a dependent child lives there and your attorney-in-fact or the child's legal guardian signs it.

Active-duty members get their Certificate of Eligibility with a statement of service signed by their command instead of a DD-214. Ask for it before you out-process. It's easier to get a signature from a command that still knows you.

If your spouse will sign for you, set up the power of attorney with us before you leave. VA lets an attorney-in-fact sign the loan documents, and it gives service members stationed overseas as an example. But VA also needs your written consent to the specifics: either a general power of attorney plus your own signatures on the sales contract and loan application (stating you intend to use a VA loan on that property), or a specific power of attorney that spells out the entitlement you're using, the purpose of the loan, the property, the price and terms, and who will live in the home. VA treats a military power of attorney as a general one that's valid only during your deployment, up to one year.

If you're Army, talk to the Fort Carson Housing Services Office before you sign. Military OneSource says Army regulations require soldiers to visit the office before making permanent off-post living arrangements, and it asks soldiers who receive BAH to report to the office when they arrive.

Which side of town fits your base?

The installations are spread out, so the same neighborhood can be a quick drive to one gate and a long one to another.

• Fort Carson (Army) sits on the southwest side of the city, between I-25 and Highway 115.
• Peterson Space Force Base shares its airfield with Colorado Springs Airport, southeast of downtown, and it hosts NORAD and U.S. Northern Command headquarters.
• Schriever Space Force Base is about 10 miles farther east, out on the plains.
• Cheyenne Mountain Space Force Station is inside Cheyenne Mountain, south of downtown.
• The U.S. Air Force Academy is just north of the city.

Map the drive from the house to the gate you'll actually use, at the time you'll actually drive it. Our free Colorado Springs relocation guide breaks down the neighborhoods and school districts. If you're looking north toward the Academy, read the Monument guide too.

What's different about buying in El Paso County?

The price is only part of the payment. These are the local pieces we check before you write an offer:

• Property tax and metro districts. One county assessor values the home, and a home may sit in a metropolitan district whose levy is on the property tax bill, not the HOA statement. The El Paso County Assessor's tax entity maps show which districts an address is in.
• Who supplies the water. Inside the city, Colorado Springs Utilities is city-owned and provides electric, gas, water and wastewater. Outside city limits, ask early who supplies the water.
• Insurance. The Front Range gets damaging hail, and homes near the foothills or in the pines face wildfire questions from insurers. Get a quote before you're under contract.
• Condos. A VA loan can buy a condo only in a VA-approved project, so check the project before you fall for the unit.
• The disabled-veteran property tax exemption. Colorado exempts half of the first $200,000 of a primary residence's value for veterans with a 100 percent permanent service-connected rating, or veterans paid at the 100 percent rate for individual unemployability (as of October 2026). It's a state program, but you apply to the El Paso County Assessor, between January 1 and July 1.

What if you'll PCS out again in a few years?

That's common for military families, and it changes how we set up the loan. You have to intend to live in the home when you buy it, but new orders don't force you to sell. Some families keep the house as a rental and buy again at the next duty station. Whether you can use your VA benefit again right away depends on how much entitlement you have left; if part of it is still tied to the Colorado Springs home, the county loan limit comes into play. Our VA Loan Guide walks through how entitlement works. VA loans are also assumable, which can help when it's time to sell.

In Jimmy's words, from his Destination Denver Colorado channel:

"We've seen instances where people know that they're going to be in the home for a long time and we're planning for that long-term future in that home, and we've helped some people who have a shorter time frame where they know they're going to be in Colorado for three to four to maybe five years. There's a good chance they're going to sell the homes. So how do we make that the most beneficial to them overall?"

Will a seller take your VA offer?

Jimmy put it this way on his channel: "There's a lot of education for sellers on how these VA loans work, on why it is beneficial to them, it's in their best interest to accept VA offers." The old idea that putting zero down means you're broke is just inaccurate.

What does it look like when it goes right?

In 2024, Craig and Alicia were PCSing from South Korea to Fort Carson with two young kids, and they'd never been to Colorado Springs. Alicia flew out ahead of time to house-hunt while Craig was still overseas, and she signed at closing with his power of attorney. With the time difference, it took a lot of communication to keep them both comfortable. They bought on the east side of Colorado Springs. In the negotiations, we used a seller concession to pay off a high-interest credit card.

That last part is a VA rule worth knowing: VA counts paying off a buyer's credit balances as a seller concession. As of October 2026, concessions can total up to 4 percent of the home's reasonable value, and the buyer's closing costs and normal discount points don't count toward that limit.

What will the VA funding fee be?

Unless you're exempt, you pay a one-time funding fee, and it can be financed into the loan. As of October 2026, VA says you don't pay it if any of these apply:

• You receive VA compensation for a service-connected disability.
• You're eligible for that compensation but receive retirement or active-duty pay instead.
• You receive Dependency and Indemnity Compensation as a surviving spouse.
• You're a service member with a proposed or memorandum rating, issued before closing, that says you're eligible for compensation because of a pre-discharge claim.
• You're on active duty and show, on or before closing, that you received a Purple Heart.

A proposed or memorandum rating issued after closing doesn't count, but if VA later awards you compensation with an effective date before your closing, you may be able to get the fee refunded. If a claim is in progress, tell us early.

Your next step

Call Jimmy at 720-979-8742 or book a time that works for you. We'll look at your orders, your timeline and your Certificate of Eligibility, and map out what to do before you ever tour a house. If you'd rather read first, start with our free VA Loan Guide, or watch Jimmy's video on why active military and veterans are moving to Denver and Colorado Springs.