FHA Loan Limits Colorado
FHA Loans continue to offer flexible underwriting standards and low rates to both home buyers and home owners looking to refinance. However, there are FHA Loan Limits that can hinder some home buyers from obtaining FHA financing.
FHA Loan Limits are set at a minimum of $271,050 in most counties nationwide. However, many higher cost areas have higher limits, and Colorado is no exception. Most of the Denver Front Range and the resort areas are at higher FHA Loan Limits. This is because the limits are calculated based on median home prices for the area, so in an area with higher priced homes, the limit will be higher.
Resort areas such as Aspen, Vail, and Summit County will be at the FHA maximum of $729,750. This is the highest FHA Loan Limits any county in the country can have with the exception of Hawaii and Alaska, which have their own maximum limits.
Here are a few of the FHA Loan Limits in popular areas in Colorado (all limits listed are for single-family homes. Limits on 2-4 unit properties are higher):
Pueblo: $271,050
Larimer County (Fort Collins): $312,500
El Paso (Colorado Springs): $325,000
Teller: $325,000
Mesa (Grand Junction)L $371,250
Broomfield: $406,250
Adams: $406,250
Arapahoe: $406,250
Denver: $406,250
Jefferson (West Denver, Evergreen): $406,250
Douglas (Castle Rock): $406,250
Elbert: $406,250
Park: $406,250
Clear Creek: $406,250
Gilpin: $406,250
High Balance FHA Loan Limits:
Weld County (Greeley): $417,500
Boulder County (Boulder, Longmont): $460,000
Routt (Steamboat): $675,000
Eagle (Vail): $729,750
Summit (Breckenridge): $729,750
Pitkin (Aspen): $729,750
High balance is defined as an FHA Loan Amount greater than $417,000. FHA Loan Limits in many counties in Colorado are greater than $417,000, and the above counties are just a few.
To find out your county limit, you can visit the FHA Loan Limits website. We can help you determine how much you can qualify for based on your unique situation and what your interest rate will be. Give us a call for a no obligation consultation and a same day pre-approval.
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RJ Baxter First Mortgage Corp
Branch Manager
303-670-0137 (direct)
27902 Meadow Drive, Suite 120
Evergreen, Colorado 80439
