Loan Limits
FHA Loan Limits
• FHA loan limits are determined by county and
unit number. In Mesa county the limits are:
– 1 Unit:
– 2 Units:
– 3 Units:
– 4 Units:
$282,900
$362,150
$437,750
$544,050
Source: http://www.fha.com/lending_limits_state?state=COLORADO
San Juan County
• San Juan County
– 1Unit:
– 2 Units:
– 3 Units:
– 4 units:
$271,050
$347,000
$419,425
$521,250
Source: http://www.fha.com/lending_limits_state?state=COLORADO
San Miguel County
•
•
•
•
1 Unit:
2 Units:
3 Units:
4 Units:
$625,500
$800,775
$967,950
$1,202,925
Source: http://www.fha.com/lending_limits_state?state=COLORADO
Montrose County
•
•
•
•
1 Unit:
2 Units:
3 Units:
4 Units:
$271,050
$347,000
$419,425
$521,250
Source: http://www.fha.com/lending_limits_state?state=COLORADO
Delta County
•
•
•
•
1 Unit:
2 Units:
3 Units:
4 Units:
$271,050
$347,000
$419,425
$521,250
Source: http://www.fha.com/lending_limits_state?state=COLORADO
VA Loans
• VA loan limits depend on the county in which
you are purchasing a home
• In Colorado, VA loan
limits range from $417,000
to as high as $781,250
Source: http://www.valoans.com/lending_limits_state?state=COLORADO
Conventional Loan Limits
• In the Contiguous United States Conventional
loan limits depend on how many units are in
the property:
– 1 Unit
– 2 Units
– 3 Units
– 4 Units
$417,000
$533,850
$645,300
$801,950
Source: https://www.fanniemae.com/singlefamily/loan-limits
High Cost loan areas-Conventional limits
• Some counties in Colorado are considered
high cost areas. Limits are:
– 1 Unit
– 2 Units
– 3 Units
– 4 Units
$625,500
$800,775
$967,950
$1,202,925
• Counties in CO include: Eagle, Garfield, Lake,
Pitkin, Routt, San Miguel, Summit, Hinsdale,
and Ouray
Source: https://www.fanniemae.com/singlefamily/loan-limits
USDA (Rural Development) Loan Limits
• No Limit
– May be subject to income limits
Jumbo Loan Limits
• This is a loan that is above $417,000
• Loan amounts up to $2.5 Million allowed
– Terms and requirements change as the loan
amount increases.
FOR MORE INFORMATION CALL:
Grand Junction:
970-242-7000
Montrose:
Steamboat Springs:
970-252-7395
970-761-2245
Gunnison:
970-642-3477
COMPLIANCE
Equal Housing Lender. This is not a commitment to lend or extend credit. Restrictions may apply. Rates may not be
available at time of application. Information and/or data are subject to change without notice. All loans are subject to
credit approval. Not all loans or products are available in all states. Bay Equity LLC, 100 California Street Suite 1100, San
Francisco, CA 94111-4561; NMLS ID#76988. Loans will be made or arranged pursuant to Department of Business
Oversight California Finance Lenders Law License #605-3919; Licensed by the Department of Business Oversight under
the California Residential Mortgage Lending Act- #4150077; Arizona Mortgage Banker License #0910340; Hawaii
Mortgage Loan Originator Company License #HI-76988; MBL-7852 Idaho Mortgage Lender Broker License; Montana
Mortgage Lender License #76988; Nevada Mortgage Broker License #3918.; New Mexico Lender License #76988;
Oregon Mortgage Lender License #4845; Texas SML Mortgage Banker Registration #76988; Utah DRE Mortgage Entity
#7953347; Washington Consumer Loan License #CL-76988; NMLS ID#76988; Colorado Mortgage Company Registration
#76988. Regulated by the Colorado Division of Real Estate. NMLS consumer access:
www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/76988
BEHL-140403-1.0