The Colorado USDA Rural Home Loan Program

Designed to assist rural communities in the state with housing, infrastructure, cooperative development and community facilities. The Colorado USDA rural home loan is helping increase economic development and quality of life for rural Colorado residents. There are large numbers of counties in Colorado with properties which fit USDA guidelines. If down payment has prevented you from owning a home of your own in the past in rural Colorado, don’t worry! The USDA home loan is your answer to shape your dreams into reality.

Let’s see what are the main benefits & features of Colorado USDA rural home loan applied via Today Lending:

    • No money down.
    • Low fixed interest rates.
    • No maximum loan amounts.
    • No assets needed to qualify for the loan.
    • Flexible credit guidelines for eligible Colorado residents.
    • Affordable loan term at 30 years.
    • 100% financing.
    • Loan can be used for new and existing homes, repairs and reconstruction.
    • No loan limit.
    • No prepayment penalty.
    • Both direct and guaranteed loans.
    • Zero assets for loan qualification.

Eligibility:

      • Must live within selected rural areas of Colorado to be eligible for the loan.
      • Have decent credit history 600ish
      • Dependable and adequate income for loan payback.
      • Monthly housing costs must meet a specified percentage of your gross monthly income.
      • Families must be without adequate housing.
      • Even if you cannot obtain conventional financing.
      • Owner-occupied properties only. Property must be within stipulated area.

    Apply Now!

     

    Mortgage maximums as of Tuesday November 29, 2016
    (64 records were selected, records 1 through 50 displayed)
    MSA Name MSA Code Division County Name County
    Code State One-Family Two-Family Three-Family Four-Family Median Sale Price Last Revised Limit Year
    DENVER-AURORA-LAKEWOOD, CO 19740 ADAMS 001 CO $493,350 $631,550 $763,450 $948,750 $429,000 01/01/2017 CY2017
    NON-METRO 99999 ALAMOSA 003 CO $275,665 $352,950 $426,625 $530,150 $145,000 01/01/2017 CY2017
    DENVER-AURORA-LAKEWOOD, CO 19740 ARAPAHOE 005 CO $493,350 $631,550 $763,450 $948,750 $429,000 01/01/2017 CY2017
    NON-METRO 99999 ARCHULETA 007 CO $285,200 $365,100 $441,300 $548,450 $225,000 11/29/2016 CY2017
    NON-METRO 99999 BACA 009 CO $275,665 $352,950 $426,625 $530,150 $45,000 01/01/2017 CY2017
    NON-METRO 99999 BENT 011 CO $275,665 $352,950 $426,625 $530,150 $46,000 01/01/2017 CY2017
    BOULDER, CO 14500 BOULDER 013 CO $529,000 $677,200 $818,600 $1,017,300 $460,000 01/01/2017 CY2017
    DENVER-AURORA-LAKEWOOD, CO 19740 BROOMFIELD 014 CO $493,350 $631,550 $763,450 $948,750 $429,000 01/01/2017 CY2017
    NON-METRO 99999 CHAFFEE 015 CO $275,665 $352,950 $426,625 $530,150 $230,000 01/01/2017 CY2017
    NON-METRO 99999 CHEYENNE 017 CO $275,665 $352,950 $426,625 $530,150 $70,000 01/01/2017 CY2017
    DENVER-AURORA-LAKEWOOD, CO 19740 CLEAR CREEK 019 CO $493,350 $631,550 $763,450 $948,750 $429,000 01/01/2017 CY2017
    NON-METRO 99999 CONEJOS 021 CO $275,665 $352,950 $426,625 $530,150 $79,000 01/01/2017 CY2017
    NON-METRO 99999 COSTILLA 023 CO $275,665 $352,950 $426,625 $530,150 $75,000 01/01/2017 CY2017
    NON-METRO 99999 CROWLEY 025 CO $275,665 $352,950 $426,625 $530,150 $35,000 01/01/2017 CY2017
    NON-METRO 99999 CUSTER 027 CO $275,665 $352,950 $426,625 $530,150 $165,000 01/01/2017 CY2017
    NON-METRO 99999 DELTA 029 CO $275,665 $352,950 $426,625 $530,150 $168,000 01/01/2017 CY2017
    DENVER-AURORA-LAKEWOOD, CO 19740 DENVER 031 CO $493,350 $631,550 $763,450 $948,750 $429,000 01/01/2017 CY2017
    NON-METRO 99999 DOLORES 033 CO $275,665 $352,950 $426,625 $530,150 $108,000 01/01/2017 CY2017
    DENVER-AURORA-LAKEWOOD, CO 19740 DOUGLAS 035 CO $493,350 $631,550 $763,450 $948,750 $429,000 01/01/2017 CY2017
    EDWARDS, CO 20780 EAGLE 037 CO $636,150 $814,500 $984,525 $1,223,475 $560,000 01/01/2017 CY2017
    COLORADO SPRINGS, CO 17820 EL PASO 041 CO $285,200 $365,100 $441,300 $548,450 $248,000 01/01/2017 CY2017
    DENVER-AURORA-LAKEWOOD, CO 19740 ELBERT 039 CO $493,350 $631,550 $763,450 $948,750 $429,000 01/01/2017 CY2017
    CANON CITY, CO 15860 FREMONT 043 CO $275,665 $352,950 $426,625 $530,150 $150,000 01/01/2017 CY2017
    GLENWOOD SPRINGS, CO 24060 GARFIELD 045 CO $636,150 $814,500 $984,525 $1,223,475 $555,000 01/01/2017 CY2017
    DENVER-AURORA-LAKEWOOD, CO 19740 GILPIN 047 CO $493,350 $631,550 $763,450 $948,750 $429,000 01/01/2017 CY2017
    NON-METRO 99999 GRAND 049 CO $333,500 $426,950 $516,050 $641,350 $289,000 11/29/2016 CY2017
    NON-METRO 99999 GUNNISON 051 CO $357,650 $457,850 $553,450 $687,800 $260,000 11/29/2016 CY2017
    NON-METRO 99999 HINSDALE 053 CO $427,800 $547,650 $662,000 $822,700 $300,000 11/29/2016 CY2017
    NON-METRO 99999 HUERFANO 055 CO $275,665 $352,950 $426,625 $530,150 $94,000 01/01/2017 CY2017
    NON-METRO 99999 JACKSON 057 CO $275,665 $352,950 $426,625 $530,150 $132,000 01/01/2017 CY2017
    DENVER-AURORA-LAKEWOOD, CO 19740 JEFFERSON 059 CO $493,350 $631,550 $763,450 $948,750 $429,000 01/01/2017 CY2017
    NON-METRO 99999 KIOWA 061 CO $275,665 $352,950 $426,625 $530,150 $31,000 01/01/2017 CY2017
    NON-METRO 99999 KIT CARSON 063 CO $275,665 $352,950 $426,625 $530,150 $78,000 01/01/2017 CY2017
    DURANGO, CO 20420 LA PLATA 067 CO $385,250 $493,200 $596,150 $740,850 $335,000 01/01/2017 CY2017
    NON-METRO 99999 LAKE 065 CO $275,665 $352,950 $426,625 $530,150 $170,000 11/29/2016 CY2017
    FORT COLLINS, CO 22660 LARIMER 069 CO $376,050 $481,400 $581,900 $723,150 $327,000 01/01/2017 CY2017
    NON-METRO 99999 LAS ANIMAS 071 CO $275,665 $352,950 $426,625 $530,150 $85,000 01/01/2017 CY2017
    NON-METRO 99999 LINCOLN 073 CO $275,665 $352,950 $426,625 $530,150 $84,000 01/01/2017 CY2017
    STERLING, CO 44540 LOGAN 075 CO $275,665 $352,950 $426,625 $530,150 $125,000 01/01/2017 CY2017
    GRAND JUNCTION, CO 24300 MESA 077 CO $282,900 $362,150 $437,750 $544,050 $203,000 11/29/2016 CY2017
    NON-METRO 99999 MINERAL 079 CO $275,665 $352,950 $426,625 $530,150 $170,000 01/01/2017 CY2017
    CRAIG, CO 18780 MOFFAT 081 CO $275,665 $352,950 $426,625 $530,150 $145,000 11/29/2016 CY2017
    NON-METRO 99999 MONTEZUMA 083 CO $275,665 $352,950 $426,625 $530,150 $169,000 01/01/2017 CY2017
    MONTROSE, CO 33940 MONTROSE 085 CO $275,665 $352,950 $426,625 $530,150 $195,000 01/01/2017 CY2017
    FORT MORGAN, CO 22820 MORGAN 087 CO $275,665 $352,950 $426,625 $530,150 $140,000 01/01/2017 CY2017
    NON-METRO 99999 OTERO 089 CO $275,665 $352,950 $426,625 $530,150 $68,000 01/01/2017 CY2017
    NON-METRO 99999 OURAY 091 CO $425,500 $544,700 $658,450 $818,250 $263,000 11/29/2016 CY2017
    DENVER-AURORA-LAKEWOOD, CO 19740 PARK 093 CO $493,350 $631,550 $763,450 $948,750 $429,000 01/01/2017 CY2017
    NON-METRO 99999 PHILLIPS 095 CO $275,665 $352,950 $426,625 $530,150 $99,000 01/01/2017 CY2017
    GLENWOOD SPRINGS, CO 24060 PITKIN 097 CO $636,150 $814,500 $984,525 $1,223,475 $555,000 01/01/2017 CY2017

    Selection criteria
    Sorted by: County
    State: CO
    County:
    County Code:
    MSA Name:
    MSA Code:
    Limit Type: FHA Forward
    Limit Year: CY2017
    Last Revised:
    ________________________________________
    The CY2017 basic standard mortgage limits for FHA insured loans are:
    One-family Two-family Three-family Four-family
    FHA Forward $275,665.00 $352,950.00 $426,625.00 $530,150.00
    HECM $636,150.00
    Fannie/Freddie $424,100.00 $543,000.00 $656,350.00 $815,650.00
    ________________________________________
    High cost area limits are subject to a ceiling based on a percent of the Freddie Mac Loan limits
    The ceilings for CY2017 are:
    One-family Two-family Three-family Four-family
    FHA Forward $636,150.00 $814,500.00 $984,525.00 $1,223,475.00
    HECM $636,150.00
    Fannie/Freddie $636,150.00 $814,500.00 $984,525.00 $1,223,475.00
    ________________________________________
    Section 214 of the National Housing Act provides that mortgage limits for Alaska, Guam, Hawaii, and the Virgin Islands may be adjusted up to 150 percent of the new ceilings. This results in new CY2017 ceilings for these areas of:
    One-family Two-family Three-family Four-family
    FHA Forward $954,225.00 $1,221,750.00 $1,476,775.00 $1,835,200.00
    Fannie/Freddie $954,225.00 $1,221,750.00 $1,476,775.00 $1,835,200.00