What Are the Colorado Conventional Loan Limits?
Your first step in figuring out whether you can apply for a conventional loan is to determine how much financing you need, and whether the amount will fall within the Fannie Mae and Freddie Mac conventional loan limits.
Conforming loan limits are set by county. Let’s look at some conforming loan limits for counties where you might be considering purchasing a home in Colorado.
Here are the conforming loan
limits in El Paso County:
1 Unit: $510,400
2 Units: $653,550
3 Units: $789,950
4 Units: $981,700
These are the conforming loan
limits for Denver County:
1 Unit: $575,000
2 Units: $736,100
3 Units: $889,800
4 Units: $1,105,800
Here are the conforming loan
limits for Boulder County:
1 Unit: $644,000
2 Units: $824,450
3 Units: $996,550
4 Units: $1,238,500
Not sure whether you can buy the home you want using conventional financing?
We can check for you during your free consultation. As a local mortgage company, not a big bank, we work closely with every homebuyer to make sure that we are matching you with the most ideal lending product.
We can help you apply for a conforming loan if it is a suitable fit, or we can recommend other lending products to you if more ideal alternatives exist.