The state of Colorado, nicknamed the centennial state, is home to a large number of veterans who have served their country with courage and dignity. According to the latest data, there are 413,271 living in Colorado. Such a large population of veterans could be attributed to the presence of important military establishments such as Fort Carson and the Schriever Air Force Base. Apart from that, a large number of veterans also settle down in Colorado after retiring from service. Now if you are a veteran who is thinking of settling down in Colorado, then you can easily buy yourself a property in Colorado by getting a VA Loan.
The Loan Guaranty Scheme of the Department of the Veteran Affairs of the U.S Federal Government helps veterans and active duty members of the United States Military to get a home loan. Now, before you apply for a VA loan in Colorado, there are a few things that you should know.
Most people think that since the loans are called VA Loans, the Department of VA themselves would be offering the loan. But it is really not that way! The loan would be provided by a private lender, just like any other loan. However, the guaranty of the loan would be provided by the VA.
When you are looking for Colorado VA loans, you must be aware of the VA Loan Limits Colorado. The loan limit does not technically ‘limit’ the amount of loan that you can borrow, but it states the amount the VA would provide as a guaranty. The limits differ from county to county. The VA loan limits for the counties of Colorado are as follows –
The Loan Guaranty Scheme of the Department of the Veteran Affairs of the U.S Federal Government helps veterans and active duty members of the United States Military to get a home loan. Now, before you apply for a VA loan in Colorado, there are a few things that you should know.
Who offers you the loan?
Most people think that since the loans are called VA Loans, the Department of VA themselves would be offering the loan. But it is really not that way! The loan would be provided by a private lender, just like any other loan. However, the guaranty of the loan would be provided by the VA.
VA Loan Limits in Colorado
When you are looking for Colorado VA loans, you must be aware of the VA Loan Limits Colorado. The loan limit does not technically ‘limit’ the amount of loan that you can borrow, but it states the amount the VA would provide as a guaranty. The limits differ from county to county. The VA loan limits for the counties of Colorado are as follows –
County Name
|
Single Family Home
($0 DOWN AND UP TO)
|
Max Guaranty
| ||
ADAMS
|
$417,000.00
|
$1,000,000
| ||
ALAMOSA
|
$417,000.00
|
$1,000,000
| ||
ARAPAHOE
|
$417,000.00
|
$1,000,000
| ||
ARCHULETA
|
$417,000.00
|
$1,000,000
| ||
BACA
|
$417,000.00
|
$1,000,000
| ||
BENT
|
$417,000.00
|
$1,000,000
| ||
BOULDER
|
$417,000.00
|
$1,000,000
| ||
BROOMFIELD
|
$417,000.00
|
$1,000,000
| ||
CHAFFEE
|
$417,000.00
|
$1,000,000
| ||
CHEYENNE
|
$417,000.00
|
$1,000,000
| ||
CLEAR CREEK
|
$417,000.00
|
$1,000,000
| ||
CONEJOS
|
$417,000.00
|
$1,000,000
| ||
COSTILLA
|
$417,000.00
|
$1,000,000
| ||
CROWLEY
|
$417,000.00
|
$1,000,000
| ||
CUSTER
|
$417,000.00
|
$1,000,000
| ||
DELTA
|
$417,000.00
|
$1,000,000
| ||
DENVER
|
$417,000.00
|
$1,000,000
| ||
DOLORES
|
$417,000.00
|
$1,000,000
| ||
DOUGLAS
|
$417,000.00
|
$1,000,000
| ||
EAGLE
|
$417,000.00
|
$1,000,000
| ||
EL PASO
|
$417,000.00
|
$1,000,000
| ||
ELBERT
|
$417,000.00
|
$1,000,000
| ||
FREMONT
|
$417,000.00
|
$1,000,000
| ||
GARFIELD
|
$417,000.00
|
$1,000,000
| ||
GILPIN
|
$417,000.00
|
$1,000,000
| ||
GRAND
|
$417,000.00
|
$1,000,000
| ||
GUNNISON
|
$417,000.00
|
$1,000,000
| ||
HINSDALE
|
$417,000.00
|
$1,000,000
| ||
HUERFANO
|
$417,000.00
|
$1,000,000
| ||
JACKSON
|
$417,000.00
|
$1,000,000
| ||
JEFFERSON
|
$417,000.00
|
$1,000,000
| ||
KIOWA
|
$417,000.00
|
$1,000,000
| ||
KIT CARSON
|
$417,000.00
|
$1,000,000
| ||
LA PLATA
|
$417,000.00
|
$1,000,000
| ||
LAKE
|
$417,000.00
|
$1,000,000
| ||
LARIMER
|
$417,000.00
|
$1,000,000
| ||
LAS ANIMAS
|
$417,000.00
|
$1,000,000
| ||
LINCOLN
|
$417,000.00
|
$1,000,000
| ||
LOGAN
|
$417,000.00
|
$1,000,000
| ||
MESA
|
$417,000.00
|
$1,000,000
| ||
MINERAL
|
$417,000.00
|
$1,000,000
| ||
MOFFAT
|
$417,000.00
|
$1,000,000
| ||
MONTEZUMA
|
$417,000.00
|
$1,000,000
| ||
MONTROSE
|
$417,000.00
|
$1,000,000
| ||
MORGAN
|
$417,000.00
|
$1,000,000
| ||
OTERO
|
$417,000.00
|
$1,000,000
| ||
OURAY
|
$417,000.00
|
$1,000,000
| ||
PARK
|
$417,000.00
|
$1,000,000
| ||
PHILLIPS
|
$417,000.00
|
$1,000,000
| ||
PITKIN
|
$417,000.00
|
$1,000,000
| ||
PROWERS
|
$417,000.00
|
$1,000,000
| ||
PUEBLO
|
$417,000.00
|
$1,000,000
| ||
RIO BLANCO
|
$417,000.00
|
$1,000,000
| ||
RIO GRANDE
|
$417,000.00
|
$1,000,000
| ||
ROUTT
|
$417,000.00
|
$1,000,000
| ||
SAGUACHE
|
$417,000.00
|
$1,000,000
| ||
SAN JUAN
|
$417,000.00
|
$1,000,000
| ||
SAN MIGUEL
|
$417,000.00
|
$1,000,000
| ||
SEDGWICK
|
$417,000.00
|
$1,000,000
| ||
SUMMIT
|
$417,000.00
|
$1,000,000
| ||
TELLER
|
$417,000.00
|
$1,000,000
| ||
WASHINGTON
|
$417,000.00
|
$1,000,000
| ||
WELD
|
$417,000.00
|
$1,000,000
| ||
YUMA
|
$417,000.00
|
$1,000,000
| ||
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