How much do I need for a down payment?

It depends on the loan. Some programs allow as little as 3% down, FHA loans can go lower than conventional for many buyers, and eligible veterans may qualify for VA loans with no down payment. A lender can confirm what you qualify for.

Are there down payment assistance programs in Colorado?

Yes, Colorado has state and local assistance programs for qualifying buyers. Thomas can introduce you to lenders who work with them so you can see if you're eligible.

What costs should I expect besides the down payment?

Plan for closing costs, an inspection, an appraisal and your earnest money deposit. Thomas will give you a simple checklist so nothing catches you off guard.

Welcoming front porch of a Colorado Springs home

First-time buyers

Your first home, made simple.

No question is too basic. Thomas explains every step in plain English and connects you with lenders who make first-time buying easier.

The roadmap

Five steps from renting to owning.

01
Get pre-approved
Know your budget and monthly payment before you fall in love with a home — start on the pre-approval page.
02
Pick your must-haves
Thomas helps you sort needs from nice-to-haves and picks areas that fit.
03
Tour & make an offer
See homes in person or by video, then write a strong, protected offer.
04
Inspect & appraise
Thomas negotiates repairs and keeps your loan on track.
05
Close & get keys
Sign, fund and move in — with a clear timeline the whole way.

Get pre-approved first

Know your budget and make stronger offers. Start with Tayton Capital, Thomas's recommended lender.

Get pre-approved

FAQ

Your first home, made simple.

Five steps from renting to owning.

Get pre-approved

Pick your must-haves

Tour & make an offer

Inspect & appraise

Close & get keys

First-time buyer questions

Ready to make a move in Colorado Springs?