Colorado Springs · El Paso County
Colorado Springs Home Loans & Mortgage Services
VA Loans, Conventional Loans, FHA Loans and more for buyers and owners in Colorado Springs, from a Colorado mortgage broker with offices in Boulder and Vail.
- 4.9 from 60+ Google reviews
- $1B+ funded
- 30+ years of experience
Life in Colorado Springs
Colorado Springs is a city of stunning natural beauty and strong community values. Pikes Peak — America's Mountain — towers 14,115 feet above the city, while Garden of the Gods provides a surreal red-rock playground right in town. The city is home to five military installations, the U.S. Olympic & Paralympic Training Center, the Air Force Academy, and a rapidly growing tech sector. Downtown has experienced a renaissance, with boutique hotels, craft breweries, farm-to-table restaurants, and a vibrant arts district transforming the city center. The cost of living remains notably lower than Denver or Boulder, while outdoor recreation — from world-class rock climbing to mountain biking to trail running — is woven into daily life. Colorado Springs combines small-city warmth with big-city ambition.
What draws buyers here
- Home to 5 military installations
- Garden of the Gods
- Pikes Peak views
- Growing tech hub
- Olympic Training Center
- Lower cost than Denver
Owning property in Colorado Springs
Colorado Springs is one of Colorado's strongest real estate markets for value and growth potential. Average home prices around $475,000 make it significantly more affordable than Denver, Boulder, or any mountain resort town — yet the quality of life rivals or exceeds all of them. The city's military installations provide a stable economic base, while the booming tech and aerospace sectors (Amazon, Northrop Grumman, Lockheed Martin) drive job growth and housing demand. For military families, VA loans with zero down payment make homeownership immediately accessible. Colorado Springs consistently ranks among America's best places to live, and Cedar Home Loans has extensive VA loan expertise for the military community here.
- County
- El Paso County
- Typical home price
- About $475,000
- Loans we arrange here
- VA Loans, Conventional Loans, FHA Loans, First-Time Buyer Programs
Prices are approximate and change with the market. Loan limits vary by county; see Colorado loan limits by county.
Colorado Springs neighborhoods
Broadmoor
Old Colorado City
Northgate
Colorado Springs mortgage questions
Yes! With Fort Carson, Peterson Space Force Base, Schriever Space Force Base, NORAD, and the Air Force Academy nearby, we're experts in VA loans for Colorado Springs service members and veterans. VA loans offer zero down payment, no PMI, and competitive rates.
The average home price in Colorado Springs is approximately $475,000, making it significantly more affordable than Denver ($550,000) and Boulder ($1.2 million). Neighborhoods like Broadmoor are higher-end, while areas like Fountain and Security-Widefield offer homes under $400,000.
Yes, Cedar Home Loans serves all of El Paso County including Colorado Springs, Monument, Fountain, Manitou Springs, Woodland Park, Security-Widefield, Black Forest, and Falcon.
For the median Colorado Springs home price of $475,000, you'd need approximately $75,000-$90,000 in annual income with a 5% down payment. VA loan borrowers with no down payment may need slightly more income. Colorado Springs' lower property taxes and cost of living make it more accessible than other Colorado markets.
Absolutely! VA loans are one of the best mortgage products available and are perfect for the Colorado Springs military community. Benefits include zero down payment, no PMI, competitive rates, and flexible qualification. Cedar Home Loans has extensive experience with VA loans and understands BAH considerations for qualification.
Colorado Springs is one of the best real estate markets in Colorado for 2026. It offers strong job growth (tech, military, healthcare), more affordable prices than the Front Range, excellent quality of life with Pikes Peak and Garden of the Gods access, and a growing economy. It's consistently ranked among the best places to live in the U.S.
Buying or refinancing in Colorado Springs?
Get pre-approved online, or call Andrew. He has 30+ years of experience financing Colorado homes.