Colorado FHA Loan Benefits & Eligibility

Is An FHA Loan Right For You?

FHA loans come with low interest rates and lower down payment requirements. But, there are increased costs in other areas, as well. So, how do you know if an FHA loan is right for you?


Colorado FHA Loan Perks

  • Lower interest rates than conventional loans
  • Lower minimum requirements for down payment
  • Lower minimum requirements for credit score
  • The entire down payment may be gifted
  • You may qualify for additional government grants

Colorado FHA Loan Drawbacks

  • There is an additional fee of 1.75% of your loan amount
  • Mortgage insurance must be paid for the life of the loan
  • You may be eligible for a lower rate if you have good credit
  • Your home must meet certain safety requirements
  • There is a county based limit on how much you can borrow

Colorado FHA Loan Requirements

  • 3.5% down payment if your credit score is above 580
  • 10% downpayment if your credit score is below 580
  • The loan amount must be within FHA county limits
  • The property must be your primary residence
  • Your debt-to-income ratio must be below 56%


An FHA loan can be a great way to finance your dream home. However, not all FHA loans are created equal. To find out which program is right for you, get a free assessment from one of our mortgage consultants.

Why Work With Us?

  • We’re a mortgage marketplace, not a lender
  • You’ll be able to compare dozens of products & offers with a single application
  • You’ll get an impartial & risk-free assessment of your scenario before you apply
  • A licensed mortgage consultant will advise you, from origination to closing
  • Our service is completely free (no points, no fees, no fuss, no commitment)
Our mission is to help home buyers secure the best offers on the market


For more information, set up a call with a mortgage consultant. (We’d invite you to drop in to our office, but we’re trying to keep our promise of having your best interests at heart.)



Our Location (for a later point in the future)

1550 Wewatta St #200,

Denver, CO 80202, USA