Colorado Springs VA Home Loans - $419,000 and Up
VA Jumbo loans from $417,000 to $1,000,000+ are available. The maximum limit for Colorado VA home loans with NO down payment is $417,000. However, did you know that qualifying veterans can receive a much larger VA loan with only a small down payment? A number of examples are listed below:
| Loan Amount | Down Payment | % Down |
|---|---|---|
| $417,000 | $0 | 0% |
| $480,000 | $15,750 | 3% |
| $500,000 | $20,750 | 4.15% |
| $550,000 | $33,250 | 6.05% |
| $600,000 | $45,750 | 7.6% |
| $1,000,000 | $145,000 | 14.6% |
These are very low down payments compared to the conventional loan alternatives, which usually require a 20-30% down payment. However, there are some restrictions and a funding fee (which can be waived under certain conditions).
To find out more and determine exactly what your down payment would be, call
1-800-381-5573 Ext. 0641
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