FHA Loans in Durango — 3.5% Down for La Plata County Home Buyers
3.5% down FHA financing with flexible credit guidelines for Durango buyers.
Durango's median home price above $725,000 means FHA is most useful for in-town and near-town purchases where prices run below the FHA loan limit for La Plata County ($832,750 for a single-unit property in 2026). First-time buyers, workforce buyers in healthcare and education (Durango's largest employer sectors), and buyers with credit that falls slightly below conventional thresholds all benefit from FHA's flexibility. The 3.5% down on a $450,000 home is $15,750 — significantly less than conventional's 20% of $90,000. We process FHA loans in La Plata County regularly, know the local appraisers, and manage the property condition review requirements that FHA requires.
Durango's older housing stock and FHA property standards
Durango has older housing stock in neighborhoods like East Third Avenue and the Florida Road corridor. Older homes can trigger FHA Minimum Property Standard flags — we review property condition before recommending FHA vs. conventional for any specific home.
Questions about FHA Loans in Durango
What's the FHA loan limit for La Plata County in 2026?
$832,750 for a single-unit property. Most in-town Durango purchases fall under this ceiling, keeping FHA accessible for most Durango buyers.
Does FHA work for condos in Durango?
Only if the condo project is FHA-approved. We check project approval status before you go under contract on a condo.
How is FHA different from USDA for rural La Plata County buyers?
FHA requires 3.5% down; USDA requires zero down for eligible rural properties. FHA has no income limits; USDA has household income limits. If a rural La Plata County property qualifies for USDA, we compare both options and recommend whichever is more favorable.
Get your FHA pre-approval for Durango
3.5% down. Flexible credit. Call or text TJ at 970-708-9624.