Home Purchase Loans in Colorado Springs
Mortgages for buying a home in Colorado Springs and across Colorado, with clear guidance and personal service from pre-approval to closing.
A home purchase loan is the mortgage you use to buy a home, and the right one depends on the home, your finances and how you plan to use the property. Countryside Lending has helped Colorado borrowers buy homes since 2006. We offer conventional, FHA, VA and jumbo purchase loans, along with financing for investment properties, and we explain which program fits before you make an offer. Your loan officer is Brendon O'Connor (NMLS #249969).
At a glance
Pre-approval first
Know your price range and give your agent a pre-approval letter before you write an offer.
A program for your purchase
Conventional, FHA, VA and jumbo loans for a first home, a move-up home, a second home or a rental.
Guidance through closing
We keep your loan organized and coordinate with your agent and title company through closing day.
Who a Home Purchase Loan Is For
Whether this is your first purchase or your fifth, the steps are similar, but the best program can be very different. In the Colorado Springs area, we often work with buyers who:
- Are buying their first home
- Are selling one home and buying the next
- Are relocating to Colorado Springs for work or on military orders
- Are eligible for a VA loan as a service member, veteran or surviving spouse
- Are buying a second home or a rental property
Not sure which group you're in? Tell us about your plans and we'll point you to the right starting place.
Why Work With Countryside Lending on Your Home Purchase
Buying a home means deadlines: the offer, the inspection, the appraisal and the closing date all depend on your loan staying on track. We review your income, assets and credit up front, explain your loan options in plain English and keep you and your agent updated at each step.
- One point of contact from application to closing
- Up-front review of your documents before you make an offer
- Clear explanation of how each loan program would work for you
- Coordination with your real estate agent, title company and closing team
Home Purchase Loan Requirements in Plain English
Lenders review your income, employment, assets, credit history and current debts, along with the home itself. The details depend on the loan program and on whether the home will be your primary residence, a second home or a rental.
Most purchases involve a down payment, closing costs and an appraisal. Some programs have their own rules: FHA loans require mortgage insurance, VA loans require a Certificate of Eligibility, and jumbo loans usually call for more documentation.
We'll tell you exactly what your program requires and what to gather, so there are fewer surprises once you're under contract.
Purchase Loan Programs: How They Compare
Most Colorado Springs home purchases use one of four loan programs. Conventional and FHA loans are compared below; VA and jumbo loans are covered on their own pages.
| Conventional loan | FHA loan | |
|---|---|---|
| Backed by | Not a government agency; most follow Fannie Mae and Freddie Mac guidelines | Insured by the Federal Housing Administration |
| Property use | Primary homes, second homes and investment properties | Primary residence only |
| Mortgage insurance | Private mortgage insurance may apply with a smaller down payment | FHA mortgage insurance is required |
| Credit guidelines | Generally favors an established credit history | More flexible, set by FHA |
| Often fits | Buyers with steady income and established credit | First-time buyers and borrowers building or rebuilding credit |
Eligible for VA benefits, or buying above the conforming loan limit? See our VA loan and jumbo loan pages. Guidelines and terms vary by program.
Self-Check: Are You Ready to Buy?
Check the statements that apply to you.
Buying a Home in Colorado Springs and Across Colorado
Our office is on Kelly Johnson Boulevard in north Colorado Springs, and we work with buyers throughout El Paso County and the rest of Colorado.
Neighborhoods and nearby communities
Buyers look everywhere from Briargate, Northgate and the west side to Fountain, Security-Widefield, Falcon, Peyton and Monument. Property taxes, HOA dues and metro district assessments vary by neighborhood, and we include them when we estimate your payment.
Military moves
If you're arriving at Fort Carson, Peterson or Schriever Space Force Base, or the Air Force Academy, we can work with you remotely before you arrive. Learn more about VA loans.
First-time buyers
New to the process? Our first-time homebuyer page explains the steps and the programs buyers most often use.
Higher-priced homes
If the loan amount is above the conforming limit for the county, a jumbo loan may come into play. See jumbo loans.
What we don't offer
Countryside Lending does not offer land, construction, hard money or commercial loans, and we do not originate down payment assistance loans.
Our Home Purchase Loan Process in 3 Steps
- 1
Complete a quick application
Click Get Pre-Approved to start.
- 2
Quick call to go over loan options
We review your application, talk through the loan programs that fit and outline the documents you'll need.
- 3
Get your pre-approval letter
Make offers with confidence, knowing your file has been reviewed up front.
Home Purchase Loan FAQs for Colorado Springs Buyers
Start Your Colorado Springs Home Purchase
Tell us about the home you want to buy. We'll explain your loan options and outline the next step, with no pressure.