Mortgage Resources
New FHA Loan Limits for 2023
FHA County Loan Limits Updated for 2023
Here are the Updated Loan Limits for FHA in Colorado for 2023. This is Listed in Alphabetical order by County:
| County Name | County | State | One-Family | Two-Family | Three-Family | Four-Family | Median Sale Price | Last Revised |
|---|---|---|---|---|---|---|---|---|
| ADAMS | 1 | CO | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 | $685,000 | 1/1/2023 |
| ALAMOSA | 3 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $220,000 | 1/1/2023 |
| ARAPAHOE | 5 | CO | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 | $685,000 | 1/1/2023 |
| ARCHULETA | 7 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $225,000 | 1/1/2023 |
| BACA | 9 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $70,000 | 1/1/2023 |
| BENT | 11 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $103,000 | 1/1/2023 |
| BOULDER | 13 | CO | $856,750 | $1,096,800 | $1,325,800 | $1,647,650 | $745,000 | 1/1/2023 |
| BROOMFIELD | 14 | CO | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 | $685,000 | 1/1/2023 |
| CHAFFEE | 15 | CO | $600,300 | $768,500 | $928,950 | $1,154,450 | $522,000 | 1/1/2023 |
| CHEYENNE | 17 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $97,000 | 1/1/2023 |
| CLEAR CREEK | 19 | CO | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 | $685,000 | 1/1/2023 |
| CONEJOS | 21 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $125,000 | 1/1/2023 |
| COSTILLA | 23 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $82,000 | 1/1/2023 |
| CROWLEY | 25 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $68,000 | 1/1/2023 |
| CUSTER | 27 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $250,000 | 1/1/2023 |
| DELTA | 29 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $285,000 | 1/1/2023 |
| DENVER | 31 | CO | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 | $685,000 | 1/1/2023 |
| DOLORES | 33 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $200,000 | 1/1/2023 |
| DOUGLAS | 35 | CO | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 | $685,000 | 1/1/2023 |
| EAGLE | 37 | CO | $1,075,250 | $1,376,550 | $1,663,900 | $2,067,850 | $935,000 | 1/1/2023 |
| EL PASO | 41 | CO | $517,500 | $662,500 | $800,800 | $995,200 | $450,000 | 1/1/2023 |
| ELBERT | 39 | CO | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 | $685,000 | 1/1/2023 |
| FREMONT | 43 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $286,000 | 1/1/2023 |
| GARFIELD | 45 | CO | $1,089,300 | $1,394,775 | $1,685,850 | $2,095,200 | $825,000 | 1/1/2023 |
| GILPIN | 47 | CO | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 | $685,000 | 1/1/2023 |
| GRAND | 49 | CO | $669,300 | $856,800 | $1,035,700 | $1,287,150 | $582,000 | 1/1/2023 |
| GUNNISON | 51 | CO | $519,800 | $665,450 | $804,350 | $999,600 | $452,000 | 1/1/2023 |
| HINSDALE | 53 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $331,000 | 1/1/2023 |
| HUERFANO | 55 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $165,000 | 1/1/2023 |
| JACKSON | 57 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $203,000 | 1/1/2023 |
| JEFFERSON | 59 | CO | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 | $685,000 | 1/1/2023 |
| KIOWA | 61 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $104,000 | 1/1/2023 |
| KIT CARSON | 63 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $193,000 | 1/1/2023 |
| LA PLATA | 67 | CO | $596,850 | $764,050 | $923,600 | $1,147,800 | $519,000 | 1/1/2023 |
| LAKE | 65 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $355,000 | 1/1/2023 |
| LARIMER | 69 | CO | $614,100 | $786,150 | $950,300 | $1,181,000 | $534,000 | 1/1/2023 |
| LAS ANIMAS | 71 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $179,000 | 1/1/2023 |
| LINCOLN | 73 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $165,000 | 1/1/2023 |
| LOGAN | 75 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $197,000 | 1/1/2023 |
| MESA | 77 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $355,000 | 1/1/2023 |
| MINERAL | 79 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $224,000 | 1/1/2023 |
| MOFFAT | 81 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $225,000 | 1/1/2023 |
| MONTEZUMA | 83 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $285,000 | 1/1/2023 |
| MONTROSE | 85 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $400,000 | 1/1/2023 |
| MORGAN | 87 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $305,000 | 1/1/2023 |
| OTERO | 89 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $145,000 | 1/1/2023 |
| OURAY | 91 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $400,000 | 1/1/2023 |
| PARK | 93 | CO | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 | $685,000 | 1/1/2023 |
| PHILLIPS | 95 | CO | $472,030 | $604,400 | $730,525 | $907,900 | $180,000 | 1/1/2023 |
| PITKIN | 97 | CO | $1,089,300 | $1,394,775 | $1,685,850 | $2,095,200 | $825,000 | 1/1/2023 |
FHA Loan Limits 2016
Loan Limits in the State of Colorado What is a Loan limit? Loan limits have a definition very closely related to their name. A loan limit is the maximum allowable loan size for a mortgage. Loans for amounts above loan limits cannot be approved. Mortgage loan limits can vary by product and by ZIP code. An example would be the particular loan limits set for FHA Loans that differ from Fannie Mae or Freddie Mac. A VA which is managed by the Department of Veteran Affairs also has a different set of specific limits. For 2016, the limit for all counties is $417,000 for single-unit homes. This is the set default mortgage loan limit nationwide. The Federal Housing Administration released its maximum mortgage limits for 2016 on Wednesday December 9th 2015. Limits will increase in 188 counties due to the changes in home prices, and no counties will have decreasing loan limits. Below are are the Colorado limits for 2016 and the previous years limits:
- Adams County, Colorado 2016 Loan Limit: $458,850 (2015: $424,350)
- Arapahoe County, Colorado 2016 Loan Limit: $458,850 (2015: $424,350)
- Boulder County, Colorado 2016 Loan Limit: $474,950 (2015: $456,550)
- Broomfield County, Colorado 2016 Loan Limit: $458,850 (2015: $424,350)
- Clear Creek County, Colorado 2016 Loan Limit: $458,850 (2015: $424,350)
- Denver County, Colorado 2016 Loan Limit: $458,850 (2015: $424,350)
- Douglas County, Colorado 2016 Loan Limit: $458,850 (2015: $424,350)
- Elbert County, Colorado 2016 Loan Limit: $458,850 (2015: $424,350)
- Gilpin County, Colorado 2016 Loan Limit: $458,850 (2015: $424,350)
- Jefferson County, Colorado 2016 Loan Limit: $458,850 (2015: $424,350)
- Park County, Colorado 2016 Loan Limit: $458,850 (2015: $424,350)
What Are My Options As A Borrower?
Want help choosing a loan program listed below are the general details for conventional, FHA, and VA programs.
Conventional
- No Overlays
- PIW's accepted
- 97% LTV - Fixed
- 90% LTV - 5-7 year ARM's
- 620 Min FICO
- Fannie Mae & Freddie Mac
- LPMI Available
- DU Refi Plus and Open Access
FHA
- Make Sense Underwriting
- FICO's down to 580
- Streamlines to 580 (mortgage only credit)
- Extra .5% for purchase above 680
- Extra .5% for streamlines
VA
- Make Sense Underwriting
- 100% Cash Out
- FICO's down to 580
- Streamlines to 580
- Extra .5% for purchases above 680
- Extra .5% for streamlines