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Colorado Mortgage Guides

CO
State Mortgage Guides

Colorado Mortgage Guides 2026

2026 FHA limits by county (resort counties like Eagle, Pitkin, and Garfield reach the national ceiling), CHFA down payment assistance including the FirstGeneration and FirstStep programs, USDA rural loans, VA resources for Colorado’s large military and veteran community, and a full closing cost breakdown covering the state documentary fee and resort-town transfer taxes, all in one place.

$1,249,1252026 FHA limit, Eagle / Pitkin / Garfield (HUD)
Up to $25,000CHFA down payment assistance (CHFA)
~0.5%Est. effective property tax rate (DOLA)
2%–5%Typical buyer closing costs (CFPB)

Everything You Need for a Colorado Home Purchase

Six in-depth guides covering every aspect of getting a mortgage in Colorado, from loan program selection to what you’ll pay at closing.

Key Colorado Mortgage Facts

FHA Loan Limits (2026)

  • Most counties (national floor): $541,287 (HUD)
  • Colorado Springs (El Paso, Teller): $541,650 (HUD)
  • Denver metro counties: $862,500 (HUD)
  • Boulder County: $879,750 (HUD)
  • Summit / Routt (Steamboat): about $1,089,050–$1,092,500 (HUD)
  • Eagle (Vail), Pitkin (Aspen), Garfield: $1,249,125 national ceiling (HUD)
  • 29 of Colorado’s 64 counties exceed the floor (HUD)
Full FHA limits →

Down Payment Assistance

  • CHFA DPA Grant: up to 3% of the first mortgage or $25,000, no repayment (CHFA)
  • CHFA DPA Second Mortgage: up to 4% or $25,000, deferred with no monthly payment (CHFA)
  • Choose one option, paired with a CHFA first mortgage: FirstStep, Preferred, FirstGeneration, HomeAccess, or SmartStep (CHFA programs)
  • Min mid credit score: 620, with no-score exceptions on some programs (CHFA FAQ)
  • 2026 income limits: $130,400 (1–2 person) / $149,960 (3+), higher in targeted areas (CHFA income limits)
DPA programs →

Property Taxes

  • Effective rate: approx. 0.45%–0.55% (Est.), among the lowest in the country (DOLA)
  • No state property tax; every dollar is levied locally by counties, cities, and special districts (DOLA)
  • 2026 residential assessment rate is about 6.7%–6.8%, with a 10% actual-value reduction on the first $700,000 (SB24-233)
  • Senior and 100% disabled-veteran homestead: 50% of the first $200,000 of value exempt for qualifying owners (DOLA)
  • Proposition HH was defeated in 2023; today’s relief comes from SB24-233, not Prop HH (SB24-233)
Full tax guide →

Closing Costs

  • Buyer closing costs: about 2%–5% (Est.) of the purchase price (CFPB)
  • No statewide real estate transfer tax, frozen by a 1992 constitutional amendment (DOLA)
  • State documentary fee: $0.01 per $100 of price ($0.10 per $1,000), under C.R.S. 39-13-102 (C.R.S. 39-13-102)
  • Resort towns levy local transfer taxes: Telluride 3%, Aspen 1.5%, Breckenridge 1%, plus Vail, Avon, and others; confirm the rate with the specific town (DOLA)
  • The owner’s title policy is customarily paid by the seller and the lender’s policy by the buyer, though negotiable; escrow closings, no attorney required (CFPB)
Full closing cost guide →

Buying or Refinancing in Colorado?

Our guides pull every figure from primary sources so you can plan with confidence. Start with the numbers that matter for your county, then verify current terms directly with the agencies below.

  • ✓ 2026 FHA limits by county, verified against the official HUD file (HUD)
  • ✓ CHFA grant vs. deferred second mortgage, and which fits your budget (CHFA)
  • ✓ How Colorado’s assessment-rate reforms affect your property tax escrow (SB24-233)
  • ✓ Resort-town transfer taxes and who customarily pays them (DOLA)

Coming soon  ·  No obligation  ·  Educational first

Colorado Advisor Network — Coming Soon

We currently serve homebuyers in Florida and Utah, and Colorado is on our expansion list. Join the waitlist for our free Colorado homebuyer resources and to be first in line for a match with a licensed loan officer as our Colorado network grows.

Join the Colorado Waitlist