2015 FHA County Loan Limits for Colorado
FHA said loan limits for the highest cost areas of $625,500 and the lowest cost areas at $271,050 will remain unchanged. No County will see a decrease this year. In fact Colorado received 12 county loan limit increases for 2015.
The FHA loan limit in each county is determined by a number of factors based on a percentage of the national conforming loan limit. FHA’s minimum national loan limit (the floor) is 65% of the national conforming loan limit. The minimum limit applies to those areas where 115 percent of the median home price is less than 65% of the national conforming loan limit of $417,000 for a one-unit property.
The loan limit ceiling is at 150% of the national conforming loan limit. the maximum loan limit (ceiling) applies to areas where 115% of the median home exceeds 150% of the conforming loan limit.
Below is the 2015 FHA Colorado County Loan Limit Chart. Numbers marked in yellow show the counties that received the increase.
For loan amounts above $417,000 but still below the max county loan limit you might be priced as a high-balance loan.
The chart below compares the 2014 vs. 2015 FHA Colorado County Loan Limits.
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