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VA Loan Pre-Approval in Colorado: Real Numbers Before You Write an Offer
Colorado carries one of the highest concentrations of active-duty and veteran buyers in the country, and listing agents here read pre-approval letters closely. Build your purchase scenario below and send it to a Simply Approved Mortgages Loan Officer who will verify entitlement, apply the West-region residual income table, and issue a letter that stands up to a competitive offer.
VA loan pre-approval in Colorado is a written statement from a lender, issued after reviewing your credit, income, assets, and Certificate of Eligibility, of the loan amount your file appears to support. It is not an approval or a commitment to lend. Colorado sits in the VA West residual income region, which carries the highest published minimums.
- ✓Pre-approval reviews credit, income, assets, and your Certificate of Eligibility.
- ✓It is not an approval or a commitment to lend, and a property review still applies.
- ✓Colorado sits in the VA West residual income region, the highest published table.
- ✓Full entitlement generally supports a zero-down purchase within lender parameters.
- ✓The funding fee can be financed and is waived for exempt veterans.
What this means for you: confirm entitlement and household residual income early, because in Colorado those two figures decide your ceiling more often than the down payment does.
Written by
Simply Approved Mortgages Team
Licensed Loan Officers · NMLS# 2620881
Get your personalized scenario summary
Complete the short request and a Simply Approved Mortgages Loan Officer sends back a written summary built from your own numbers: estimated payment breakdown, estimated cash to close, the loan structures that fit your file, and what documentation the file will need.
- Estimated monthly payment with taxes and insurance
- Estimated cash to close for your scenario
- Loan options your profile may fit
- Document checklist for your file
Takes about 3 minutes · Summary shown on screen and emailed to you
Illustration only, generated from the information you enter. Not a rate quote, lock, loan estimate, pre-qualification, offer, approval, or commitment to lend. Figures are subject to credit, income, asset and property review and full lender underwriting; binding numbers appear on your Loan Estimate.
Scenario summary
- Purchase price entered
- $412,000
- Down payment entered
- $20,600
- Estimated loan amount
- $391,400
- Estimated cash to close
- $14,300
- Programs reviewed
- 4
Sample layout with example figures — your own numbers replace these. Simply Approved Mortgages LLC · NMLS #2620881 · Equal Housing Opportunity.
Colorado VA scenario builder
Build your Colorado VA purchase scenario
Adjust the inputs and the estimate updates as you type. Funding fee percentages follow the VA schedule effective April 7, 2023; residual income minimums come from the VA Lenders Handbook (VA Pamphlet 26-7), Chapter 4. The tax, insurance, and HOA fields are editable starting estimates for Colorado — replace them with real figures for the property you are considering.
Residual income check
VA minimum for a household of 3 in the West region at this loan size: $990 per month. Your scenario leaves roughly $2,832.
This scenario clears the published minimum before underwriting review.
Estimated debt-to-income in this scenario: 50.8%.
Entitlement check
With full entitlement and no outstanding VA loan, VA does not cap the guaranty by county limit, so a zero-down structure is generally possible within lender loan-amount parameters.
Entitlement method: VA Lenders Handbook (VA Pamphlet 26-7). Residual income tables: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 4.
These figures are illustrative estimates generated from the values you entered. They are not a quote, rate lock, offer, or commitment to lend, and they do not include every cost of a transaction. Binding figures appear on your Loan Estimate. Actual terms depend on lender underwriting, the property, your Certificate of Eligibility, and market conditions. Simply Approved Mortgages LLC is not affiliated with, endorsed by, or acting on behalf of the U.S. Department of Veterans Affairs.
Next steps
Send this Colorado VA scenario to a Simply Approved Mortgages Loan Officer and it travels with your file — every input and estimate above lands on your client record for review.
Assumptions, methodology, and limitations
Payments use standard fixed-rate amortization from the price, down payment, rate, and term you enter, with the applicable VA purchase funding fee added to the financed amount unless you mark yourself exempt. Taxes, insurance, and HOA are editable starting estimates for Colorado, not quoted figures. Residual income compares estimated remaining monthly income against the published VA West region figure for your household size.
Results are illustrative and are not a quote, lock, offer, or commitment to lend. They do not verify entitlement, credit, or income, do not apply lender-specific pricing or overlays, and do not include every Colorado closing charge. Binding figures appear on your Loan Estimate.
Results are illustrative estimates only and are not a quote, lock, offer, or commitment to lend. No rate, APR, or program approval is implied. Binding figures appear on your Loan Estimate. Eligibility, terms, and availability vary by borrower, property, lender, loan program, and state.
Run your scenario with a loan officer
Share your numbers and a Simply Approved Mortgages Loan Officer sends back an estimated payment, estimated cash to close, and the structures that fit your file. Educational only — not a quote, lock, offer, or commitment to lend.
What a Colorado VA pre-approval means
Pre-approval is the point where your file stops being hypothetical. A loan officer reviews credit, documents income and assets, confirms VA entitlement from the Certificate of Eligibility, and issues a letter naming a supportable loan amount. It remains subject to underwriting, an acceptable appraisal, and a property that meets VA minimum property requirements. In a market where an offer may be one of several the same afternoon, the difference between a letter backed by reviewed documents and one produced from a five-minute form is visible to the listing side.
The West region residual income table
VA underwriting does something conventional lending does not: it measures what is left over each month after the mortgage payment, other debts, and estimated taxes. The published minimums vary by household size, loan size, and region, and Colorado falls in the West region, which carries the highest figures in the table. For a larger household at a Front Range price point, residual income can become the governing test even when the debt-to-income ratio looks comfortable. The scenario builder on this page applies the published table directly so you can see the comparison before a letter is written.
Entitlement at Colorado price points
Veterans with full entitlement are not capped by a county loan limit for guaranty purposes, so a zero-down purchase can extend well above the conforming figure if the income supports it and lender loan-amount parameters allow. Where entitlement matters most in Colorado is the second-tier case: a service member who bought near a prior duty station, kept the home as a rental, and is now buying here with entitlement still tied up. That scenario is workable, but it changes the down payment math and needs to be modeled from the Certificate of Eligibility rather than assumed.
PCS timing, BAH, and documenting income
Permanent change of station orders are common in Colorado Springs, Aurora, Colorado Springs-area installations, and the Denver metro. Basic Allowance for Housing can generally be used as qualifying income when documented, and orders can support occupancy intent when a service member has not yet arrived. These are documentation questions with established answers, and raising them at pre-approval rather than at underwriting prevents a delay when your contract has a hard close date tied to a report date.
Property realities in Colorado
Colorado files tend to raise different property questions than coastal states: wildfire risk and the availability and cost of homeowners insurance in the wildland-urban interface, water and well or septic considerations outside municipal service areas, and radon mitigation, which is routine here and frequently negotiated. None of these are VA-specific rules, but each can affect the payment or the repair negotiation, so they belong in the conversation before you make an offer.
Want these numbers built around your file?
A short request is all it takes to get a written scenario summary back from a Simply Approved Mortgages Loan Officer. Binding figures appear on your Loan Estimate.
What to gather before you request the letter
Bring your Certificate of Eligibility or DD-214 or Statement of Service, your two most recent pay stubs or an LES, two years of W-2s or tax returns for self-employment, statements for the accounts holding closing funds, and your VA award letter if you receive disability compensation. That last document supports both income treatment and funding fee exemption.
Turning the scenario into a letter
Build the scenario above, send it over, and a Simply Approved Mortgages Loan Officer reviews it against your documents and issues the pre-approval. Every input and estimate you generated travels with the request, so the conversation starts from your numbers rather than a blank form. Nothing here is a quote, lock, offer, or commitment to lend.
Simply Approved Mortgages LLC is a mortgage broker and is not a direct lender. We are not affiliated with, endorsed by, or acting on behalf of the U.S. Department of Veterans Affairs or any government agency. Program rules are set by VA and are subject to change; verify current requirements at VA.gov. All financing is subject to lender underwriting and approval.
How VA loan pre-approval works, and what it means in Colorado
Pre-approval is a lender’s preliminary assessment of a borrower’s VA eligibility and capacity to qualify, based on documentation reviewed before a specific property is identified. These are the rules that govern what a pre-approval can and cannot represent.
| What it is | How it actually works | Published by |
|---|---|---|
| Certificate of Eligibility comes first | Pre-approval requires confirming the borrower’s VA eligibility through a Certificate of Eligibility, which establishes entitlement before a loan amount is discussed. | U.S. Department of Veterans Affairs, Lender’s Handbook (VA Pamphlet 26-7) |
| Pre-approval is not a commitment to lend | A pre-approval letter reflects underwriting’s preliminary review of credit, income, and assets; it is not a firm loan commitment and remains subject to property approval and final underwriting. | Lender program guidelines (vary by investor) |
| Residual income standard applies from the start | VA underwriting applies a residual income test based on family size and region (the Rocky Mountain region for Colorado), not just a debt-to-income ratio, and pre-approval should reflect that standard. | U.S. Department of Veterans Affairs, Lender’s Handbook (VA Pamphlet 26-7) |
| Credit and income documentation | Pre-approval typically involves review of credit reports, income documentation, and asset statements consistent with what full underwriting will later require. | U.S. Department of Veterans Affairs, Lender’s Handbook (VA Pamphlet 26-7) |
| No VA loan limit on entitlement above the conforming baseline | Current VA rules do not cap loan amount by a VA-specific ceiling for borrowers with full entitlement, though lenders may apply their own guidelines above conforming loan limits. | Code of Federal Regulations, Title 38, Part 36 (VA home loan guaranty) |
| Ability-to-repay obligations still apply | Any pre-approval assessment must be consistent with the lender’s ability-to-repay obligations under Regulation Z once an application is taken. | Consumer Financial Protection Bureau, Truth in Lending Act / Regulation Z (12 CFR 1026) |
| Colorado licensing disclosure | Mortgage brokers and lenders originating in Colorado must be licensed and comply with disclosure requirements administered by the state’s regulatory agencies. | Colorado Division of Real Estate, Department of Regulatory Agencies (DORA) |
Program parameters above are published by the agencies and enterprises named in the right-hand column and can change. They describe program rules, not an offer; eligibility, terms, conditions, and availability vary by borrower, property, lender, loan program, and state, and all loans are subject to lender underwriting and approval.
Why pre-approval matters more in Colorado’s competitive Front Range markets
In Denver, Colorado Springs, and Fort Collins, well-priced homes frequently draw multiple offers, and sellers routinely favor buyers who show a documented, underwriter-reviewed pre-approval over a simple pre-qualification based on a phone call. A VA pre-approval carries an additional credibility question in some markets because of outdated assumptions about VA financing being slower or less competitive; a documented pre-approval letter, current Certificate of Eligibility, and a loan officer available to speak with the listing agent all help counter that perception directly.
Because VA loans finance up to 100% of the purchase price for eligible borrowers with full entitlement, a Colorado VA pre-approval should also make explicit what down payment, if any, the buyer plans to bring, since sellers sometimes equate a larger down payment with a stronger offer even where it is not relevant to VA underwriting risk.
What Colorado-specific factors a pre-approval should already account for
Property tax proration, homeowners association dues common in many Front Range developments, and — in mountain and wildfire-interface counties — insurance availability and cost, all affect the residual income calculation VA underwriting runs. A pre-approval built only around a national average estimate for taxes and insurance can overstate buying power in a high-HOA community or understate it in a wildfire-interface county where insurance costs more or is harder to place. A useful Colorado VA pre-approval reflects the actual county and, where possible, the actual type of community the borrower is targeting.
Check where pricing sits before you decide
Review current rate context, then start a request so your own credit, income, and property details drive the numbers. Illustrative only — not a quote or commitment to lend.
How this applies in Florida and Colorado
Florida. While this page addresses Colorado, the same VA pre-approval mechanics apply to a Florida purchase, with the Southeast region residual income table applying instead of Rocky Mountain, and property insurance costs in coastal counties needing to be reflected realistically in the pre-approval’s housing cost assumptions.
Colorado. In Colorado, VA pre-approval should reflect the Rocky Mountain regional residual income table, realistic HOA dues common in many Front Range and mountain-town developments, and insurance costs that can vary sharply by wildfire exposure. Buyers should also confirm their loan officer is licensed to originate in Colorado through the state’s Division of Real Estate oversight of mortgage licensing.
Simply Approved Mortgages LLC arranges residential mortgage loans in Florida and Colorado, so the two applications above are the ones we can act on for a consumer file. Business-purpose loan products may be arranged in additional states only where permitted by applicable law and pursuant to applicable licensing requirements or exemptions.
How to get VA pre-approved for a Colorado purchase
The sequence below produces a pre-approval that reflects Colorado-specific costs rather than a generic estimate.
- Confirm eligibility with a Certificate of Eligibility. Establish entitlement before discussing target price range.
- Submit income, asset, and credit documentation. Underwriting reviews these before issuing a pre-approval, not just a loan officer estimate.
- Run VA residual income for the Rocky Mountain region. Confirm household size and regional residual income standards are met, not just a debt-to-income ratio.
- Adjust housing cost assumptions for the target county. Use realistic property tax, HOA, and insurance figures for the specific Colorado area, especially wildfire-interface or mountain communities.
- Receive a documented pre-approval letter. The letter should state that credit, income, and assets have been reviewed by underwriting, subject to property approval and final verification.
- Present the letter with offers. Share the pre-approval with the listing agent alongside the Certificate of Eligibility if requested, to address any misconceptions about VA financing directly.
Mistakes that cost people money on this
- Treating a quick phone pre-qualification as equivalent to a documented, underwriter-reviewed pre-approval.
- Using national-average tax and insurance estimates instead of the actual target county’s figures.
- Not confirming the Certificate of Eligibility before shopping, then discovering an entitlement issue mid-contract.
- Assuming a VA offer will be treated the same as any other by every seller without addressing common misconceptions directly.
- Overlooking HOA dues common in many Colorado developments when estimating housing cost for residual income purposes.
- Forgetting that wildfire-interface counties can affect insurance cost and availability, which changes the residual income math.
Is this the right move for your situation?
The honest answer depends on the file. These are the patterns we see on both sides.
Usually a good fit when
- You have a current Certificate of Eligibility and documented income, assets, and credit ready for underwriting review.
- You are targeting a specific Colorado county and can get realistic tax, HOA, and insurance figures for it.
- You want a documented pre-approval letter, not just a verbal estimate, before making offers.
- You understand VA residual income is the binding standard, not just a debt-to-income ratio.
Usually not the right move when
- You have not yet pulled a Certificate of Eligibility or resolved an entitlement question.
- You are relying on a rough national estimate rather than county-specific Colorado costs.
- Your income or credit documentation is not yet ready for underwriting review.
- You are not actually ready to make an offer and only want a general sense of affordability.
None of this is a determination about your file. A Simply Approved Mortgages Loan Officer can run your actual numbers and show you what your disclosures would say.
VA Loan Pre-Approval by Colorado city
Each city guide covers nearby installations, the county conforming limit used for partial entitlement, the state disabled-veteran tax exemption and local cost drivers.
What you can do with this loan
Compete on a Front Range listing with a reviewed pre-approval letter.
Test household size against the VA West residual income minimum.
Model a purchase while another VA loan is still outstanding.
Plan closing cash around a financed or waived funding fee.
Set a price range that survives a real insurance quote.
Pros & cons — honest tradeoffs
Pros — Pros & cons
- +Zero down payment generally available with full entitlement.
- +No monthly mortgage insurance on VA financing.
- +Residual income underwriting recognizes real household capacity.
- +BAH and VA compensation are generally usable qualifying income when documented.
Cons / watch-outs — Pros & cons
- −A pre-approval is not an approval and can change in underwriting.
- −West region residual income minimums are the highest published.
- −Partial entitlement can require a down payment.
- −Metro price points can push loan amounts against lender parameters.
Compare loan officer compensation on your mortgage quote
Loan officer compensation is part of the cost of a mortgage. On eligible residential loans, Simply Approved Mortgages generally uses 1.5% lender-paid compensation. Enter the compensation shown on another lender's Loan Estimate to see the difference in dollars.
Compensation difference on this illustration: $3,750.
How lower compensation can help you
When less compensation is built into pricing, there can be room for a lower interest rate, which may lower your monthly payment.
Depending on the rate you choose, pricing can sometimes include a lender credit toward third-party closing costs, so you may bring less cash to closing.
A lower rate means a lower monthly payment, which can lower your debt-to-income ratio and may help you qualify for more home on the same income.
As a mortgage broker we compare pricing from wholesale lenders instead of offering a single bank’s retail pricing.
Tip: On page 2 of your Loan Estimate, look at Section A, "Origination Charges." If the lender pays the loan officer, that compensation usually does not appear there as its own line; it is built into the interest rate. That is why comparing the rate and any lender credits side by side matters.
Already have a Loan Estimate from another bank or broker? Share it with a Simply Approved Mortgages Loan Officer, who will compare the rate, fees and credits side by side with options we can arrange. No cost to request a review.
Illustration only — not a quote, lock, offer, or commitment to lend; binding figures appear on your Loan Estimate. Lender-paid compensation is paid by the lender, not directly by you, and is part of the loan's pricing, so the loan is not free of costs. A lower compensation figure does not by itself guarantee a lower rate or lower closing costs; individual results vary by credit, loan type, property and market conditions. Residential lending in FL and CO only. Simply Approved Mortgages LLC · NMLS #2620881 · Equal Housing Opportunity.
Purchase market update
What buyers should know this month
30-Yr Fixed · national avg
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15-Yr Fixed · national avg
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2026 buying power
Conforming baseline: $832,750
FHA floor / ceiling: $541,287 – $1,249,125
Colorado is a West region state
The VA residual income minimums that apply to your household are the highest published tier.
Model second-tier entitlement
A retained home near a prior duty station changes the down payment math.
Ask about insurance early
Wildfire exposure can affect availability and premium, and premium affects qualifying.
Colorado taxes and expenses
What owning in Colorado actually costs beyond the loan
Underwriting qualifies you on the full housing payment, not just principal and interest. These are the Colorado lines that change that number — each one a published statewide average, not a quote.
Property tax
About 0.45% of value per year statewide (effective rate, Tax Foundation / Census ACS). Escrowed monthly, so it moves your qualifying payment.
Source: U.S. Census Bureau — American Community Survey, owner-cost tables
Homeowners insurance
Average annual premium near $2,400 (NAIC). Wildfire-zone properties may need a mitigation report before insurance binds.
Source: National Association of Insurance Commissioners — Homeowners Insurance Report
Transfer and recording
Colorado imposes a documentary fee of $0.01 per $100 of consideration (0.01%) on deeds — one of the lowest in the country. Colo. Rev. Stat. § 39-13-102. A handful of home-rule municipalities (Aspen, Vail, Telluride, Crested Butte, Breckenridge) levy local Real Estate Transfer Assessments. Documentary fee of $0.01 per $100 of value; no broader transfer tax.
Source: National Association of Realtors — Real Estate Transfer Tax
Who closes the file
Colorado closings are conducted by title/escrow companies; attorney involvement is optional. Total closing costs in Colorado average about 0.50% of the sales price.
Source: CFPB / HUD — Your Home Loan Toolkit (settlement cost ranges)
Assistance programs in Colorado are administered by Colorado Housing and Finance Authority (CHFA), which sets its own eligibility, income and price limits.
Local cost tools
Run the numbers for Colorado
These estimators start from Colorado's own published averages — an effective property tax rate near 0.45% of value, homeowners insurance around $2,400 a year, and local transfer and recording practice: Documentary fee of $0.01 per $100 of value; no broader transfer tax. Wildfire-zone properties may need a mitigation report before insurance binds. Change any input. Every figure is an illustrative estimate — not a quote, lock, offer, approval, or commitment to lend.
Your inputs
Estimated result
- Down payment
- $20,000
- Loan amount
- $380,000
- Principal & interest
- $2,402
- Property tax (Colorado)
- $150/mo
- Homeowners insurance
- $200/mo
- Estimated total monthly
- $2,752/mo
Sources for the Colorado seed figures: Tax Foundation — property taxes paid as a percentage of owner-occupied housing value, NAIC — Homeowners Insurance Report, CFPB — Understanding your Loan Estimate.
Assumptions, methodology, and limitations
Principal and interest use the standard amortization formula on the loan amount you enter. Taxes are seeded from the Colorado effective property tax rate and insurance from the statewide average annual premium; both are editable. Closing costs apply Colorado's transfer / documentary-stamp practice (0.01% of price used as the buyer-side seed) plus typical title, recording, appraisal, credit and prepaid escrow lines. They are compared to the Colorado statewide average of 0.50% of sales price. Refinance break-even divides your entered costs by the monthly payment difference. Early payoff runs a month-by-month amortization with your extra principal.
These tools do not include mortgage insurance, funding or guarantee fees, HOA special assessments, flood or windstorm premiums, seller credits, lender credits, discount points, or county and municipal charges specific to your parcel. Statewide averages will not match any individual property. Figures are estimates only.
Illustrative only. Binding figures appear on your Loan Estimate, and terms vary by borrower, property, lender, program, and state.
Turn these estimates into real numbers
Send your scenario to a Simply Approved Mortgages Loan Officer and get a written summary back, or compare where rates sit today. Educational only — not a quote, lock, offer, approval, or commitment to lend.
Local market updates
Colorado housing market news — latest published data
Published housing and labour statistics for Colorado, drawn from federal and industry data feeds and shown with each publisher's own observation date. The dated figures below load from the source series when this page opens. These are published market statistics for context only — not a quote, lock, offer, or commitment to lend.
Data is republished as issued by the source and may be revised by the publisher. Averages and index values describe a market, not an individual file; your own terms depend on documented income, credit, assets, the property and lender underwriting. Simply Approved Mortgages LLC (NMLS #2620881) arranges residential mortgage loans in Florida and Colorado. Equal Housing Opportunity.
Colorado VA loan pre-approval questions
Answers to the most common Colorado VA loan pre-approval questions, written by licensed loan officers.
Ask SAM anything about mortgages in Colorado
SAM is the Simply Approved Mortgages AI assistant. It answers general questions using the reviewed guides published on this site and links you to the primary government source. It is educational only — it does not quote a rate, payment, APR, approval or commitment to lend. A Simply Approved Mortgages Loan Officer reviews every scenario before any terms are confirmed.
Hi, I'm SAM — an AI assistant for Simply Approved Mortgages. I can explain loan programs, closing costs, DTI, down payments and which calculator or guide to use. I'm not a licensed loan officer, and nothing here is a quote, approval or commitment to lend.
Ask Sam AI provides general educational information only. It is an automated assistant, may be incomplete or out of date, and does not provide legal, tax or financial advice. Nothing it produces is a rate quote, APR, pre-approval, offer or commitment to lend. Never share a Social Security number, ITIN, date of birth, account number or password in chat. Simply Approved Mortgages LLC (NMLS #2620881) arranges residential mortgage loans in Florida and Colorado. Eligibility, terms, conditions and availability vary by borrower, property, lender, loan program and state, and all loans are subject to lender underwriting and approval. Equal Housing Opportunity.
Sources & Citations
- U.S. Department of Veterans Affairs — VA Lender’s Handbook, Chapter 4 (Credit Underwriting)
- U.S. Department of Veterans Affairs — VA residual income guidelines by region
- State of Colorado — Colorado Division of Real Estate, mortgage licensing
- Consumer Financial Protection Bureau — CFPB ability-to-repay rule
Sources: government and agency publications listed above. Simply Approved Mortgages LLC is not affiliated with, endorsed by, or sponsored by HUD, FHA, VA, USDA, or any government agency. Program rules change; the published source text governs.
Trusted government resources
These independent government resources can help you research mortgage programs, rates, and your rights before you apply.
U.S. Department of Veterans Affairs
How to apply for a VA-backed home loan
U.S. Department of Veterans Affairs
VA Lenders Handbook (VA Pamphlet 26-7)
Consumer Financial Protection Bureau
Understanding mortgage preapproval
Simply Approved Mortgages is not affiliated with HUD, the CFPB, the FTC, the VA, or any other government agency. Links are provided for your independent verification.
How this page connects
Where this fits in the VA lending library
This is our Colorado page for VA loan pre approval.
Start one level up
- The national VA loan pre approval guideCovers the program rules that apply in every state.
What most readers open next
- The VA loan guideBecause entitlement, occupancy, and funding-fee rules in one place.
- The entitlement worksheetBecause remaining entitlement decides whether a down payment is needed.
- VA appraisal and Minimum Property RequirementsBecause MPRs decide whether a property can be financed at all.
Explore the full guide
Keep reading — the rest of the buying playbook
Each of these is a deep-dive on one piece of the purchase mortgage process. Bookmark whichever you need next.
Guide
Colorado VA Loans
The full Colorado VA program guide behind this page.
Read the guide →Guide
VA Residual Income
The West region minimums applied in the scenario builder.
Read the guide →Guide
Certificate of Eligibility
Request the document that settles entitlement and exemption.
Read the guide →Guide
Entitlement Restoration
Free up entitlement tied to a home you kept.
Read the guide →Guide
VA Funding Fee
Current percentages and exemption categories.
Read the guide →Guide
Occupancy Rules
How occupancy works for service members on orders.
Read the guide →Guide
VA Certificate of Eligibility
The first document needed before a real pre-approval.
Read the guide →Guide
VA Residual Income Requirements
The underwriting standard behind VA pre-approval amounts.
Read the guide →Guide
VA Loans in Colorado
Broader Colorado VA loan overview.
Read the guide →Internal library
Related mortgage guides across our library
Follow the next relevant guide for your scenario.
Purchase mortgages
Buying a home
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Complete this short request and a Simply Approved Mortgages Loan Officer will personally review your scenario. The form only asks what your program actually needs. Submitting it is not an application for credit and is not a commitment to lend.
Tell us about your scenario
The form below is tailored to VA loan — only the questions and documents your program needs.
Simply Approved Mortgages LLC is licensed to arrange residential mortgage loans in Florida and Colorado only. We ask first so we never collect a mortgage inquiry we are not licensed to act on.
VA loans allow $0 down for eligible service. Purchase price is enough to size the loan.
A range is enough here — no credit report is pulled and your credit is not affected.
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Equal Housing Opportunity
Broker identification. Simply Approved Mortgages LLC is a mortgage broker and is not a direct lender. We arrange residential mortgage loans with third-party wholesale lenders and do not make the lender's final credit decision or fund the loan. We arrange residential mortgage loans in Florida and Colorado. Business-purpose mortgage products may be arranged in additional states only where permitted by applicable law and pursuant to applicable licensing requirements or exemptions.
Credit and program terms. All loans are subject to lender credit approval, underwriting, acceptable appraisal or valuation when required, title review, insurance, and supporting documentation. Eligibility, programs, rates, APRs, points, lender credits, fees, payments, terms, loan amounts, down-payment requirements, mortgage insurance, and availability may vary based on borrower, property, occupancy, credit profile, loan-to-value ratio, debt-to-income ratio, lender, loan program, and state and may change without notice. Not all applicants, properties, products, or programs will qualify or be available in every state. Nothing on this site constitutes a loan approval, rate lock, offer, commitment to lend, guarantee of approval, or guarantee of terms or closing.
Rates, payments and calculators. Rates, APRs, payments, down payments, loan amounts, home values, estimated equity, savings, affordability estimates, closing costs, and other calculator or scenario results displayed on this site are estimates or illustrations unless expressly stated otherwise. Actual loan terms may differ. Taxes, homeowners insurance, mortgage insurance, association dues, lender charges, broker compensation, discount points, third-party charges, and other costs may apply. Advertised rates, payments, APRs, down payments, and other credit terms are subject to the assumptions and disclosures presented with the applicable advertisement. Applicable loan terms and disclosures will be provided as required for the particular transaction.
Mortgage products. FHA, VA, USDA, conventional, jumbo, non-QM, HELOC, reverse mortgage, down-payment-assistance, investment-property, DSCR, and other mortgage products referenced on this site are subject to their individual eligibility, underwriting, property, occupancy, and program requirements. Product availability varies by lender and jurisdiction. References to a mortgage product or program do not constitute a determination that a borrower or property qualifies.
Government-backed programs. Government-backed or government-insured mortgage programs referenced on this site may be subject to requirements established by the applicable government agency in addition to lender requirements. Government insurance or guaranties generally protect participating lenders against certain losses and do not constitute a guarantee of borrower approval.
Business-purpose products. DSCR, investment-property, and other business-purpose mortgage products referenced on this site are intended for qualifying business-purpose transactions. Business-purpose loans may be subject to different requirements and protections than consumer-purpose residential mortgage loans. Borrowers are responsible for accurately disclosing property occupancy and intended use.
Down payment assistance. Down payment or closing-cost assistance programs referenced on this site may be administered by governmental entities, housing finance agencies, nonprofit organizations, lenders, or other third parties. Program availability, funding, assistance amounts, eligibility requirements, repayment or forgiveness provisions, and other terms vary and may change or become unavailable without notice. Listing or referencing a program does not guarantee funding, eligibility, or mortgage approval.
Government affiliation. Simply Approved Mortgages LLC is not a government agency and is not affiliated with, acting on behalf of, sponsored by, or endorsed by HUD, FHA, VA, USDA, or any other federal, state, or local government agency. References to government agencies, programs, benefits, data, forms, or resources are provided for informational purposes and do not imply government sponsorship or endorsement of Simply Approved Mortgages LLC.
Fair lending. Equal Housing Opportunity. Simply Approved Mortgages LLC conducts business in accordance with applicable federal and state fair-housing and equal-credit-opportunity laws and does not discriminate on any prohibited basis.
No professional advice. Content on this site is educational and general in nature and is not legal, tax, accounting, financial, investment, estate-planning, or individualized government-benefits advice. Consumers should consult appropriate qualified professionals regarding their individual circumstances.
Third-party content. References or links to government agencies, lenders, assistance programs, products, services, or other third-party websites are provided for informational purposes or convenience. Simply Approved Mortgages LLC does not control and is not responsible for third-party content, availability, accuracy, or privacy practices.
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Simply Approved Mortgages LLC, 633 W 5th St, Ste 2600, Los Angeles, CA 90071 · 877-813-7219 · support@simplyapprovedmortgages.com. State licensing details available at the NMLS Consumer Access link above. © 2026 Simply Approved Mortgages LLC.