Colorado Springs fix and flip loans for a resetting market.
Built for the active flipper. We fund up to 90% of the purchase price and up to 100% of the rehab budget, capped to ARV, on a 6-month interest-only term. Colorado Springs values are drifting down while more than half of active listings carry a price cut, so the spread gets made at purchase. Business-purpose only, and every structure is set in underwriting.
Typical figures, subject to underwriting and market conditions. Not a commitment to lend.
How it works
Draws are reimbursed quickly as work is completed, and a dedicated closer stays with your file from term sheet to payoff. You can get a term sheet the same day, and we typically fund within 48 hours of clear title, so most flips close in 5-7 days as soon as title and insurance come together.
Is Colorado Springs a good market to flip in right now?
It rewards a disciplined purchase, not a bet on appreciation. The Colorado Springs MSA's median list price was $494,475 in July 2026, down 3.0% from a year earlier, active listings were up 8.2% to 4,310, and about 52% of that inventory was carrying a price cut. No Colorado Springs-specific flip rate, gross profit or ROI figure has been published at a metro level, so treat any number you see quoted for this market as unsourced and make your spread at acquisition instead.
Where in Colorado Springs is the flip math actually working?
South and east of downtown, in the Fort Carson gate communities, not the citywide median. Stratmoor, Security-Widefield and Fountain carry June 2026 home values of $330,486 to $394,468, well under the metro's $450,254 Colorado Springs figure and its $494,475 median list price. That lower entry basis is also where rents are strongest relative to value, which matters if a deal shifts from a flip to a hold.
How fast can I acquire and get clean title on a distressed Colorado Springs property?
Faster and at lower cost than in most judicial-foreclosure states. Colorado forecloses deeds of trust through a county public trustee on a set clock, roughly 110 to 125 days from the Notice of Election and Demand to sale for non-agricultural property, and recording any document now costs a flat $43 regardless of page count under HB24-1269, effective 2025-07-01. That combination keeps distressed acquisition and closing costs low once you find the deal.
What should I budget for property taxes while I'm holding a Colorado Springs flip?
Pull the parcel's actual mill levy before you underwrite the carry, not a county average. El Paso County, Colorado and the City of Colorado Springs together levy under 10 mills, one of the smallest municipal-plus-county stacks around, but the school district on top of it swings from 29.765 mills in Fountain/Fort Carson District 8 to 57.682 in Widefield District 3. Newer subdivisions east of Powers Boulevard can add a Title 32 metro district on top of that, capped inside city limits at 30 debt-service mills plus 10 operating mills but with Council-approved exceedances on record. Two houses a few miles apart can carry very different holding costs. Talk to your CPA about how the specific stack affects your hold period.
What insurance factors should I plan for while I rehab a Colorado Springs property?
Which side of the metro the parcel sits on decides the conversation. The foothill and western edge, including the Manitou Springs and Black Forest corridors, carries wildfire exposure, the setting for both the 2012 Waldo Canyon Fire and the 2013 Black Forest Fire. Everything east of the foothills prices mainly for hail, which the state's own Division of Insurance analysis attributes 26% to 54% of Front Range homeowners premium to, versus a small fraction for wildfire. Require replacement-cost coverage, not actual cash value, on the collateral, and expect roof age to drive the quote either way.
What will a rehab permit cost in Colorado Springs?
We don't have a reliable figure to give you, and you shouldn't trust one from a blog either. The City of Colorado Springs publishes an index of current fee schedules, but the specific building-permit fee amounts and plan-review timelines for a residential rehab were not available to research. Confirm the current schedule directly with Colorado Springs Development Services before you set your rehab budget or timeline, and build in a cushion until you have that number in hand.
How much do I need to bring to a Colorado Springs flip?
About 10% of the purchase, plus closing costs. We fund up to 90% of the purchase price and up to 100% of the rehab budget, capped to ARV, on a 6-month interest-only term. On a $400,000 Colorado Springs purchase that is up to $360,000 from us and $40,000 from you (400,000 x 90% = 360,000), with rehab drawn against the schedule instead of paid up front. Roughly 52% of active listings here are already carrying a price cut, so hold a real contingency on top of that. Subject to underwriting.
Can I get a Colorado Springs fix and flip loan with weak credit?
Usually yes. We run credit, but on an asset-based loan like this one it carries far less weight than at a bank, and there is no minimum score on our fix and flip program. Weaker credit is normally offset with lower leverage rather than a decline, so you bring a little more to the table instead of hearing no. There is no hard credit pull to start the conversation, and no W-2s or tax returns in the file. The deal has to work on the property: purchase, rehab budget, ARV. Subject to underwriting.
Is there a minimum loan size for a Colorado Springs fix and flip?
We fund $100K to $5M. That floor is not a problem in this metro. The south and east submarkets where the flip math works, Stratmoor, Security-Widefield and Fountain, carried June 2026 home values of $330,486 to $394,468, so a typical deal there clears the $100K minimum without a stretch, and the $5M ceiling leaves room for the north end of the metro. Subject to underwriting.
Do you fund first-time flippers in Colorado Springs?
Yes. First-time flippers are welcome. We look at the property first: purchase price, rehab budget, ARV. No minimum credit score applies on this program, and no tax returns or W-2s are needed, because the loan qualifies off the property and your equity. A first file is often structured at lower leverage than a repeat borrower's, which matters more than usual here, with values drifting down and more than half of active listings taking a price cut. Subject to underwriting.
More Fix and Flip questions, answered on the program page
Local rules move. Every tax rate, fee, ordinance and market figure here comes from a primary source and carries the date we read it, and we correct them as the rules change. Where a number is mid-change or we could not verify it, we say so rather than guess. Before you commit a budget, confirm anything that drives it with the city or county, and talk to your attorney or CPA on questions of law or tax.
Published by USA Mortgage Funding, LLC, NMLS #152588. Researched from primary sources by our team, drafted with AI assistance, and every figure checked against its source before publishing. Where an answer rests on a public record, that record is linked under it. Figures read on 2026-08-15.
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