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Colorado VA Loans

Whether you receive PCS orders to relocate to Colorado or are already a resident, purchasing a home can be a great financial move. Using a VA loan in Colorado has many benefits for seasoned and first-time homebuyers alike.

Published on January 7, 2021

With the average listing price of a home in Colorado landing at $988,964, the VA loan’s signature $0-money-down benefit is a considerable advantage for Colorado homebuyers.

See also: VA Loan Options for Other States

How to get a VA Loan in Colorado

VA loans are made by private lenders and guaranteed by the Department of Veterans Affairs. Because private lenders make the loans and not the VA, you need to find a lender licensed in the state you plan to purchase or refinance.

For example, if you're purchasing a home in Colorado Springs, CO, you'll need to find a lender licensed in Colorado to do the loan.

Our Lender
Veterans United Home Loans is a VA approved lender; Mortgage Research Center, LLC – NMLS #1907 ( Not affiliated with the Dept. of Veterans Affairs or any government agency. Not available in NV or NY. 1400 Veterans United Dr., Columbia, MO 65203. Equal Housing Lender

Other Considerations for Getting a VA Loan in Colorado

VA borrowers in Colorado should also consider the cost and impact of VA loan limits and property taxes when making their home purchase.

Colorado VA Loan Limits

As of January 1, 2020, VA borrowers in Colorado with their full VA loan entitlement are not restricted by VA loan limits. This means you can borrow as much as a lender is willing to lend without needing a down payment.

However, veterans without their full VA loan entitlement are still bound to Colorado’s VA loan limits.

Colorado VA Loan Limits by County

County Loan Limit
Adams $596,850
Arapahoe $596,850
Boulder $654,350
Broomfield $596,850
Clear Creek $596,850
Denver $596,850
Douglas $596,850
Eagle $822,250
Elbert $596,850
Garfield $765,600
Gilpin $596,850
Jefferson $596,850
Lake $625,500
Park $596,850
Pitkin $765,600
Routt $678,500
San Miguel $649,750
Summit $822,375
All other areas $548,250

Property Taxes in Colorado

Another consideration for VA buyers in Colorado is property taxes. For certain VA buyers, there are exemptions.

You may be eligible for a property tax exemption in Colorado if you meet one of the following conditions:

  • If you are a 100% disabled veteran, you may receive a property tax exemption of 50% of the first $200,00 of the actual value of your primary residence.
  • A property tax deferral exists for eligible veterans age 65 and over, and active duty personal.

If you are required to pay property tax in Colorado, the American Community Survey by the U.S. Census Bureau estimates you may pay the following in each county:

County Property Tax Rate
Alamosa County 0.61%
Arapahoe County 0.57%
Archuleta County 0.38%
Baca County 0.55%
Bent County 0.51%
Boulder County 0.57%
Broomfield County 0.67%
Chaffee County 0.32%
Cheyenne County 0.53%
Clear Creek County 0.41%
Conejos County 0.50%
Costilla County 0.38%
Crowley County 0.56%
Custer County 0.36%
Delta County 0.35%
Denver County 0.50%
Dolores County 0.45%
Douglas County 0.63%
Eagle County 0.43%
Elbert County 0.47%
El Paso County 0.48%
Fremont County 0.44%
Garfield County 0.39%
Gilpin County 0.23%
Grand County 0.37%
Gunnison County 0.39%
Hinsdale County 0.35%
Huerfano County 0.36%
Jackson County 0.23%
Jefferson County 0.55%
Kiowa County 0.59%
Kit Carson County 0.56%
Lake County 0.56%
La Plata County 0.29%
Larimer County 0.54%
Las Animas County 0.29%
Lincoln County 0.45%
Logan County 0.59%
Mesa County 0.46%
Mineral County 0.42%
Moffat County 0.52%
Montezuma County 0.39%
Montrose County 0.44%
Morgan County 0.54%
Otero County 0.50%
Ouray County 0.33%
Park County 0.42%
Phillips County 0.64%
Pitkin County 0.36%
Prowers County 0.46%
Pueblo County 0.67%
Rio Blanco County 0.37%
Rio Grande County 0.44%
Routt County 0.34%
Saguache County 0.46%
San Juan County 0.29%
San Miguel County 0.25%
Sedgwick County 0.62%
Summit County 0.32%
Teller County 0.44%
Washington County 0.51%
Weld County 0.51%
Yuma County 0.45%

How VA Loans Work in Colorado

View the graphic below to learn more about how VA loans work in Colorado.

How Colorado VA Loans work How Colorado VA Loans work How Colorado VA Loans work