🏠 FHA Loans in Colorado
FHA Loans in Colorado — 3.5% Down, Flexible Credit
FHA loans are Colorado’s most popular first-time buyer mortgage. Low down payment, flexible credit requirements, and loan limits up to $1,089,300 in Colorado’s resort counties.
Colorado FHA Loan Qualification Guide
Credit Score: 580+ for 3.5% down; 500–579 with 10% down. We work with Colorado buyers at the FHA minimum thresholds.
Down Payment: As low as 3.5% — and it can come from savings, a family gift, or Colorado’s CHFA down payment assistance program.
Debt-to-Income: Up to 43–57% DTI with strong compensating factors — great for Colorado buyers with student loans or car payments.
Property: Must be your primary Colorado residence. FHA covers single-family homes, qualifying condos, and multi-unit properties (2–4 units if you occupy one).
How Much Can I Borrow With an FHA Loan in Colorado?
| Colorado County / Area | 2026 FHA Limit (1-Unit) |
|---|---|
| Denver, Jefferson, Arapahoe, Douglas | $816,500 |
| Boulder County | $856,750 |
| Summit, Eagle, Pitkin, Routt | $1,089,300 |
| Garfield County (Aspen area) | $1,089,300 |
| El Paso (Colorado Springs) | $524,225 |
| Larimer (Fort Collins) | $605,400 |
| Weld, Pueblo, Mesa & most others | $524,225 |
Combine an FHA loan with Colorado’s CHFA down payment assistance grant (up to 3% of loan amount — never repaid) to dramatically reduce your out-of-pocket costs. Many Colorado FHA buyers close with less than $5,000 out of pocket total.
When Should Colorado Buyers Choose FHA?
Credit Score Below 700
FHA rates and MI are more competitive than conventional at lower scores. Below 700, FHA often wins on total monthly cost.
Limited Savings
Only 3.5% down required — and that can be a gift or CHFA grant. Conventional loans with less than 20% down carry higher PMI for lower-score buyers.
Recent Credit Events
FHA approves buyers just 2 years after bankruptcy, 3 years after foreclosure — far more forgiving than conventional’s 4–7 year waiting periods.
Assumable Loan
FHA loans are assumable — a future buyer of your Colorado home can take over your FHA rate, adding real resale value.
Mango Stock Mortgage | NMLS# 2815478 | Colorado Mortgage Company License. FHA loans subject to HUD guidelines and property eligibility. Equal Housing Lender.
Related Colorado Mortgage Resources
- CHFA Loan Colorado — Down Payment Assistance Programs
- Bank Statement Loans Colorado — For Self-Employed Buyers
- DSCR Loans Colorado — Investor Mortgages
- Self-Employed Mortgage Colorado
- Non-QM Loans Colorado — Alternative Mortgage Programs
- First-Time Home Buyer Colorado Guide
- Today’s Colorado Mortgage Rates
- Colorado Home Affordability Calculator