Table of Contents
- What is the VA Loan Limit?
- How to Apply for a VA Home Loan?
- What is the Median Home Price?
- What are the VA Appraisal Fees?
- Do I need Flood Insurance?
- How do I learn about Property Taxes?
- What is the Population?
- What are the major cities?
- About Broomfield County
- Veteran Information
- Apply for a VA Home Loan
- VA Approved Condos
FAQ
What is the VA Loan Limit?
2021 VA Home Loan Limit: $0 down payment up to $5,000,000* (subject to lender limits) /2 open VA loans at one time $596,850 (Call 877-432-5626 for details).
How to Apply for a VA Home Loan?
This is a quick look at how to apply for a VA home loan in Broomfield county. For a more detailed overview of the VA home loan process, check out our complete guide on how to apply for a VA mortgage loan. Here, we’ll go over the general steps to getting a VA home loan and point out some things to pay attention to in Broomfield County. If you have any questions, you can call us at VA HLC and we’ll help you get started.
- Get your Certificate of Eligibility (COE)
- Give us a call at (877) 432-5626 and we’ll get your COE for you.
- Are you applying for a refinance loan? Check out our complete guide to VA Refinancing.
- Get pre-approved, to get pre-approved for a loan, you’ll need:
- Previous two years of W2s
- Most recent 30 days paystubs or LES (active duty)
- Most recent 60 days bank statements
- Landlord and HR/Payroll Department contact info
- Find a home
- We can help you check whether the home is in one of the Broomfield County flood zones
- Get the necessary inspections
- Termite inspection: required
- Well or septic inspections needed, if applicable
- Get the home appraised
- We can help you find a VA-Certified appraiser in Broomfield County and schedule the process
- Construction loan note: Construction permit/appraisal info
- Building permit
- Elevation certificate
- Lock in your interest rates
- Pro tip: Wait until the appraisal lock in your loan rates. If it turns out you need to make repairs, it can push your closing back. Then you can get stuck paying rate extension fees.
- Close the deal and get packing!
- You’re ready to go.
What is the Median Home Price?
As of April 31, 2021, the median home value for Broomfield County is $541,125. In addition, the median household income for residents of the County is $96,416.
How much are the VA Appraisal Fees?
- Single-Family: $750.
- Individual Condo: $775.
- Manufactured Homes: $800.
- 2-4 Unit Multi-Family: $950.
- Appraisal Turnaround Times: 7 days.
Do I need Flood Insurance?
- The VA requires properties are required to have flood insurance if they are in a Special Flood Hazard Area.
- In Broomfield County, there are not many flood hazard areas, with the only significant ones being immediately around the City Park Channel.
How do I learn about Property Taxes?
- Sandy Herbison is the Broomfield County tax assessor. Her office can be reached at One Descomber Drive, Broomfield, Colorado 80020, and by calling (303) 464-5819.
- Colorado State offers Coloradoans the opportunity to be eligible for the Property Tax, Rent, Heat Credit Rebate (PTC Rebate). Some basic requirements are that applicants live in Colorado for at least one year, be 65 years or older, or the surviving spouse of 58 years of age, or a disabled person. Income and expenses will guide how much is given in the rebate.
What is the Population?
- The County’s population of 70,465 is76% White, 12% Hispanic, and 6.9% Asian.
- Most county residents are between 18 and 65 years old, with 22% under 18 years old and 14% older than 65.
- In total, the County has about 27,470 households, with an average of 2.4 people per household.
What are the major cities?
The County is also a consolidated city, which means that the County and the city have the same.
About Bloomfield County
Founded in 1961 Bloomfield County is named after the broomcorn used to grow in the area where the consolidated County and city currently sit. The County continued to grow by adding parts from Adams, Boulder, Jefferson, and Weld counties until it reached its current size in 2001.
The County’s current economy is a combination of technology, shopping, and entertainment, with the top employers being Lumen Technologies, Oracle, and Urban Lending Solutions. In addition, the most common employment industries are the technical services, healthcare, and manufacturing industries.
When it comes to education, the County is served by six school districts that offer education to more than 208,000 students per year. The two largest districts in the County are Adams Twelve Five Star Schools and Boulder Valley School Districts. All of these school districts have educated students from kindergarten to 12th grade. In addition, the County is also home to Spartan College of Aeronautics and Technology, where students can get the training necessary to work on airplanes.
In addition to education and work, residents of the County can also enjoy the many premium outlets, parks, and artistic/ cultural centers. Some of these are the Paul Derda Recreation Center, the Broomfield Auditorium and Gallery, the Broomfield Community Park, and the Broomfield Veterans Memorial Museum.
Veteran Information
The County is currently home to 4,168 veterans.
- Perry County is home to one VFW post:
- Post 9565 Broomfield Post – 11700 Wadsworth Blvd. Broomfield, CO 80020.
- County Veteran Assistance Information
- Broomfield Veteran Service Office – 100 Spader Way, Broomfield, CO 80020.
VA Home Loan Information
- For more information about VA Home Loans and how to apply, click here.
- If you meet the VA’s eligibility requirements, you will be able to enjoy some of the best government-guaranteed home loans available.
- VA loans can finance the construction of a property. However, the property must be owned and prepared for construction as the VA cannot ensure vacant land loans.
VA Approved Condos
| Name (ID): CONDOS @ THE BOULDERS (001539) Address: BLDG. 1 – 16 (128 UNITS) BROOMFIELD CO 80020 BROOMFIELD Status: Accepted Without Conditions Request Received Date: 09/08/2002 Review Completion Date: 08/31/2020 | Name (ID): EAST VILLAGE FLATS (002757) Address: CONDOS BROOMFIELD CO 80020 BROOMFIELD Status: Accepted Without Conditions Request Received Date: 06/18/2015 Review Completion Date: 06/18/2015 |
| Name (ID): FAIR WIND CONDOMINIUM (001739) Address: PH 1 BLDGS C,D,E,F BROOMFIELD CO 80020 BROOMFIELD Status: Accepted Without Conditions Request Received Date: 11/01/2004 Review Completion Date: 11/01/2004 | Name (ID): FAIR WIND CONDOMINIUMS (01939C) Address: PHASES 6, 7, 8, 9 BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 12/27/2007 Review Completion Date: Unavailable |
| Name (ID): FAIR WIND CONDOS (01739E) Address: PH 11 BLD N BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 07/08/2008 Review Completion Date: Unavailable | Name (ID): FAIR WIND CONDOS (01739B) Address: PH 4 BLDS J, L BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 10/16/2005 Review Completion Date: Unavailable |
| Name (ID): FAIR WIND CONDOS (01739F) Address: PH 12 BLD P BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 11/30/2008 Review Completion Date: Unavailable | Name (ID): FAIR WIND CONDOS (01739G) Address: PH 13 BLD Q BROOMFIELD CO 80023 BROOMFIELD Status: HUD Accepted Request Received Date: 05/27/2009 Review Completion Date: Unavailable |
| Name (ID): FAIR WIND CONDOS (01739A) Address: PH 2 BDS A,H PH 3 BDS B,I BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 07/07/2005 Review Completion Date: Unavailable | Name (ID): FAIR WIND CONDOS (01739D) Address: PHASE 10 BLDG M BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 03/16/2008 Review Completion Date: Unavailable |
| Name (ID): INDIGO CREEK (01784B) Address: PH 3 BLD B BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 09/01/2005 Review Completion Date: Unavailable | Name (ID): INDIGO CREEK (01784A) Address: PH 2 BLD J BROOMFIELD CO 80020 BROOMFIELD Status: Accepted Without Conditions Request Received Date: 07/07/2005 Review Completion Date: 07/07/2005 |
| Name (ID): INDIGO CREEK CONDO (01784F) Address: PH 10, BLDG H BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 08/23/2006 Review Completion Date: Unavailable | Name (ID): INDIGO CREEK CONDOS (01784D) Address: PH 6 BLD D PH 7 BLD E BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 05/31/2006 Review Completion Date: Unavailable |
| Name (ID): INDIGO CREEK CONDOS (001784) Address: PH 1 BLD A BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 05/02/2005 Review Completion Date: Unavailable | Name (ID): INDIGO CREEK CONDOS (01784C) Address: PH 4 BLD K, PH 5 BLD C BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 10/16/2005 Review Completion Date: Unavailable |
| Name (ID): INDIGO CREEK CONDOS (01784E) Address: PH 8 BLD F BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 06/05/2006 Review Completion Date: Unavailable | Name (ID): THE BROADLANDS FILING 16 (001670) Address: PH 014 BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 03/03/2004 Review Completion Date: Unavailable |
| Name (ID): THE COURTYARD HOMES AT (01805A) Address: REDLEAF PH 5 BROOMFIELD CO 80020 BROOMFIELD Status: Accepted Without Conditions Request Received Date: 12/15/2008 Review Completion Date: 06/14/2015 | Name (ID): THE COURTYARD HOMES AT (001805) Address: REDLEAF PHASE 9 BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 07/27/2005 Review Completion Date: Unavailable |
| Name (ID): THE COURTYARD HOMES AT REDLEAF (000576) Address: PHASE 9 & 10 BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 07/20/2011 Review Completion Date: 07/25/2011 | Name (ID): VANTAGE POINTE LOFTS (002383) Address: CONDOMINIUM BROOMFIELD CO 80020 BROOMFIELD Status: Accepted Without Conditions Request Received Date: 07/22/2009 Review Completion Date: 07/22/2009 |
| Name (ID): VILLAGE @BROADLANDS CONDO (01693C) Address: PHS 11-15, BLDS 7-10,13 BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 09/14/2008 Review Completion Date: Unavailable | Name (ID): VILLAGE@BROADLANDS CONDO (01693B) Address: PH 5 BLD 11,PH 6 BLD 12 BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 09/01/2005 Review Completion Date: Unavailable |
| Name (ID): VILLAGE@BROADLANDS CONDOS (01693A) Address: PH 3 BLD 3 BROOMFIELD CO 80020 BROOMFIELD Status: HUD Accepted Request Received Date: 12/06/2004 Review Completion Date: Unavailable | For more information about the VA Condo Approval Process by calling (877) 432-5626. |
