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Take a Look Back at Our 2021 Website Launch

We’ve been selling new homes across Colorado Springs for twenty years. Our website launch makes it easier than ever for our customers to find and fall in love with a new Challenger home! Here are some of our website’s features we think you’ll love:

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Community Map

We’ve always prided ourselves on building new homes in some of Colorado Springs’ most sought-after communities. However, you may notice something different about our new community map: it includes Northern Colorado! We’re thrilled to have expanded into the Northern Colorado market, selling new homes in Mead and Fort Collins, and soon in Loveland.

 

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About Us Page

Buying a new home is one of the most important purchases you’ll ever make! So it makes sense to want to read up on who you may be buying it from. Challenger Homes has been trusted by the Colorado market for twenty years. And we would love the opportunity to tell you our story. Then you can see for yourself why hundreds of homeowners have chosen Challenger.

 

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Design Studio

One of the best parts about buying a new home is making it your own. And at our Design Studio you can do just that! In addition to picking out everything from countertops to cabinets, you can rest assured that our design team will be with you through the process every step of the way.

 

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Military Homebuyers Page

We’re proud to serve those who serve. As a small token of our appreciation, we offer some of the largest military incentives of any new home builder in the area!

 

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Warranty Page

We stand behind every home we sell. In fact, each and every Challenger home comes with a 2-10 Home Buyers Warranty. This warranty covers major home systems and appliances when they break down due to normal wear and tear. In addition, it protects our homeowners from paying expensive, out-of-pocket costs on repairs and replacements.

 

New homes in Colorado Springs and Northern Colorado

We hope our new website makes it even easier to see yourself in a new Challenger home. If you would like to learn more about our company, our philosophy, our communities, or our homes, contact us today!

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How we estimate your payment

Principal & interest + estimated property taxes + homeowners insurance + applicable HOA/metro charges.

Our advertised estimated lowest payments use a 30-year VA loan example for an eligible buyer with full entitlement and 0% down. The featured payment option is 3-2-1 Buydown. Advertised amounts are year-one estimates; payments increase in years 2, 3 and 4. The note rate is fixed at 6.5%. Home price, estimated taxes, and HOA/metro charges vary by property and community. Open the asterisk beside a payment for that home’s figures and assumptions.

More about the calculation

Principal and interest are calculated from the modeled loan amount, selected payment rate, and loan term. The model uses 8.661% combined 3-2-1 buydown cost and an assumed 2.15% VA funding fee financed into the loan. It includes a $8,000.00 closing-cost allowance, modeled through a higher contract price and seller credit. Points and any temporary buydown funding are modeled through a higher contract price and seller credits, subject to lender approval and appraisal support.

Property taxes use the community mill levy and an approximate assessed-value calculation; they are estimates, not an actual tax bill. Homeowners insurance is estimated at $180.00 per month. Applicable community HOA/metro charges are included. Upfront tax and insurance escrow deposits are excluded. A zero down payment does not guarantee zero cash due at closing.

3-2-1 Buydown payment assumption notes

The advertised amount is the Year 1 estimated payment. A builder-funded 3-2-1 buydown reduces the buyer's principal and interest payments during the first three years; the underlying note rate remains fixed. Payments are based on a rate 3 percentage points below the note rate in Year 1, 2 points below in Year 2, and 1 point below in Year 3. Full note-rate payments begin in Year 4. Taxes, insurance and HOA/metro charges are estimates and may change. Interest rate is not APR. Financing costs are modeled through a higher contract price and seller credits, subject to lender approval and appraisal support. Contact the lender for a complete Loan Estimate.

Promotion terms & lender information