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Custer County, Colorado VA Home Loan Information

Table of Contents


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 $548,250 (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 Custer county. For a more detailed overview of the VA home loan process, check out our complete guide on how to apply for a VA home 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 Custer County. If you have any questions, you can call us at VA HLC and we’ll help you get started.

  1. Get your Certificate of Eligibility (COE)
    • Give us a call at (877) 432-5626 and we’ll get your COE for you.
  2. Are you applying for a refinance loan? Check out our complete guide to VA Refinancing.
  3. 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
  4. Find a home
    • We can help you check whether the home is in one of the Custer County flood zones
  5. Get the necessary inspections
    • Termite inspection: required
    • Well or septic inspections needed, if applicable
  6. Get the home appraised
    • We can help you find a VA-Certified appraiser in Custer County and schedule the process
    • Construction loan note: Construction permit/appraisal info
      1. Building permit
      2. Elevation certificate
  7. 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.
  8. 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 Custer County is $272,368. In addition, the median household income for residents of the county is $53,119.

How much are the VA Appraisal Fees?

  • Single-Family: $1000.
  • Individual Condo: $1025.
  • Manufactured Homes: $1050.
  • 2-4 Unit Multi-Family: $1200.
  • Appraisal Turnaround Times: 15 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.
  • There is no digital data for flood hazard areas in the FEMA Flood Map Service Center.

How do I learn about Property Taxes?

  • J.D. Henrich is the Custer County Tax assessor. The office is located at 205 South 6th Street, P.O. Box 518. Westcliffe, Colorado 81252 and can also be called by calling (719) 783-2218.
  • 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 5,068 is 89% White, 5.8% Hispanic, and 2.1% Mixed Race.
  • Most county residents are between 18 and 65 years old, with 13% under 18 years old and 33% older than 65.
  • In total, the county has about 2,214 households, with an average of 2.15 people per household.

What are the major cities?

The County has two towns, Silver Cliff and Westcliffe, with the latter one serving as the county seat.

About Custer County

Custer County is the 10th least-populated county in Colorado. The county was created out of the southern area of Fremont County on March 9, 1877. During the 1870s, Custer County was the site of a silver rush. Custer County is also home to several famous mines, including the Geyser Mine, the Bassick Mine, and the Bull Domingo.

The County is known for its beautiful mountain landscapes and its rich mining history. The excellent views of the snow-capped Rocky Mountains bring visitors into Custer County every year. The county has become a popular spot for outdoor activities, including fishing, hunting, hiking, and camping.

With a total area of 740 square miles. The land makes up 739 square miles, and the other 1.3 square miles are water. Crestone Peak is located in Custer County and is the 7th highest mountain in Colorado.

Furthermore, the county is also host to several annual events which strengthen the community and provide fun for the whole family to enjoy. These annual events include events like the High Mountain Hay Fever Festival, the High Peaks Music Festival, and Summer in the Park Concerts. In addition to events like the Custer County Fair and the Westcliffe Stampede Rodeo. 

Veteran Information

The county is currently home to 717 veterans.

  • Perry County is home to one VFW post:
    • Post 12063 Spencer-Young Post – 25 Main St. Westcliffe, CO 81252.
  • County Veteran Assistance Information

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

At the moment there are no VA-approved condos available in Custer County. Although if you’re still interested in getting a condo through the condo approval process, call us at (877) 432-5626.