Homes for Sale with Assumable Loans in Colorado Springs, CO

On October 9, 2026, 77 of the 165 listings showed a year built of 2015 or later, mostly on the county's east and south sides.

• Lorson Ranch in 80925 had 14 listings, the most of any subdivision.
• Meridian Ranch in Peyton had 12, part of 25 in the 80831 ZIP.
• Fountain's 80817 had 14 spread across several subdivisions.
• Northeast 80924 had 13, including homes in Wolf Ranch and Cordera.

You cover the gap between the price and the remaining balance. A $450,000 home with a $400,000 balance leaves $50,000 before closing costs. I want the seller's current balance in hand before comparing two of these homes, since the lower rate can come with the bigger gap.

• VA funding fee: the VA charges 0.5% of the balance on an assumption, and it cannot be rolled into the loan.
• VA processing fee: up to $300 when the servicer has automatic authority.
• FHA processing fee: HUD raised the cap to $1,800.

Ask the servicer early whether it will allow a second loan to cover the gap.

Any buyer who qualifies on credit can assume a VA loan. The seller's entitlement stays tied to the home unless an eligible veteran buyer substitutes their own entitlement. Sellers who want it back for their next VA purchase list the home as "substitution required," while listings marked "open to all" accept non-veteran buyers.

Our military relocation team can help VA-eligible buyers decide whether to spend entitlement here. VA gives a servicer with automatic authority 45 calendar days from a complete package to decide, so set contract dates with that in mind.