First-time buyers · Colorado Springs
Ginny's office is in Monument, so the Pikes Peak region is home turf — Monument, Palmer Lake and the Tri-Lakes, Briargate and the north side, downtown and the Westside, Fountain, Security-Widefield and the military neighborhoods around Fort Carson, Peterson and the Academy. Here is how buying works here, what help exists, and what to do first.
Where buyers are looking in Colorado Springs
Licensed statewide in Colorado — these are just the areas that come up most. Any address in Colorado Springs & Monument works.
Down payment help in Colorado Springs & Monument
CHFA — the Colorado Housing and Finance Authority — pairs a CHFA first mortgage (conventional, FHA, VA or USDA) with help for the down payment and closing costs, two ways: a down payment assistance grant that is never repaid, or a larger second mortgage with no interest and no monthly payment, repaid only when you sell, refinance or pay off the first mortgage. Income and purchase-price limits apply by county, you need to live in the home, and a CHFA-approved homebuyer education class is part of the deal. FirstStep is built for first-time buyers; SmartStep and Preferred also serve repeat buyers.
Ginny · Mortgage Loan OriginatorBuying in Colorado Springs & Monument, specifically
With Fort Carson, Peterson and Schriever Space Force Bases, the Air Force Academy and Cheyenne Mountain, a huge share of Springs buyers are active duty, Guard, Reserve or veterans. VA loans mean $0 down, no monthly mortgage insurance and real flexibility — and with a PCS clock running, speed matters. Ginny runs VA files constantly and knows what the timeline needs to look like.
North and east of town — Black Forest, Falcon, Peyton, the Tri-Lakes foothills — many homes sit in a wildland fire zone, on a well, on septic, or all three. Insurance availability and cost, water tests and septic inspections all affect the loan. Ginny flags what each property will need before you are under contract.
On top of CHFA, El Paso County runs its own Turnkey Plus down payment program for eligible buyers, and some first homes in outlying communities are USDA-eligible — $0 down. If you are flexible on location, the eligibility map is worth a look. Ginny checks any address in seconds.
Loan programs for Colorado Springs first-time buyers
The workhorse of home financing — flexible terms, competitive costs, and down payments as low as 3% for first-time buyers.
Learn more →The first-time buyer favorite — 3.5% down, friendlier credit requirements, and forgiving guidelines for real-life finances.
Learn more →For those who served — $0 down, no monthly mortgage insurance, and some of the strongest terms in all of lending.
Learn more →$0 down for homes in eligible smaller communities across Colorado and Arizona — far more towns qualify than buyers expect.
Learn more →Colorado and Arizona both have real down payment help — CHFA and Arizona IDA programs can put thousands toward your down payment and closing costs.
Learn more →Six myths busted and the six-step path from first text to keys — the page to read before anything else.
Start here →How it works from Monument
Text, phone, video, secure document upload, and a closing at a title company near you. Your real estate agent and Ginny talk directly at every milestone — offer-day numbers in minutes and a call to every listing agent included.
Timing varies by file and depends on receiving complete documentation. Turnaround figures are typical, not guaranteed. This is not an offer to enter into an agreement; not all customers will qualify. Rates, programs and terms are subject to change. All loans subject to credit and property approval.
Colorado Springs & Monument first-time buyer questions
Colorado Springs buyers can use conventional loans with 3% down, FHA with 3.5% down, VA with $0 down for eligible service members and veterans, USDA with $0 down in eligible outlying communities, and CHFA programs for down payment and closing cost assistance. El Paso County's Turnkey Plus program may also apply; Ginny checks what fits your file.
Yes. Eligible active-duty service members, veterans and some surviving spouses can use a VA loan with $0 down and no monthly mortgage insurance. Closing costs still apply but can often be covered by seller credits or a lender credit. Ginny helps with the Certificate of Eligibility and runs VA files regularly.
Eligibility is address-specific. Parts of northern El Paso County and most of the communities east of the Springs are USDA-eligible, which means $0 down for eligible buyers; the map changes over time, so Ginny checks any specific address against the current one.
Yes. Ginny Grant holds Colorado Mortgage Loan Originator license 100501742 (NMLS #1443782), which covers Colorado Springs, Monument and every other city in the state, and works from Fairway Home Mortgage's Monument branch.
Colorado Springs & Monument buyers
After that it's just a conversation. Text Ginny what you're wondering about buying in Colorado Springs & Monument — tonight is fine.
Applications happen on Fairway's secure site — never here.
