FHA Loans · CO
FHA Home Loans in Delta, CO
FHA's 3.5% minimum on Delta's $298,000 median requires just $10,430 — $4,470 less than a 5% conventional down payment.
3.5% Down
$10,430
Monthly Total
$1,980/mo
2026 FHA Limit
$541,287
Income Needed
$76,186/yr
FHA Limit Covers Delta
FHA loan limits in DELTA County ($541,287) comfortably cover the Delta median home price ($298,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$10,430
Lower MIP
FHA 10% Down
$29,800
No PMI
Conventional 20%
$59,600
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $1,849 | $131 | $1,980 |
| Conventional 5% down | — | $165 | $2,001 |
Upfront MIP of $5,032 (1.75%) is typically rolled into the loan balance.
Down Payment Assistance
CHFA (Colorado Housing and Finance Authority) offers down payment assistance grants and second mortgage products stackable with FHA — eligible buyers may reduce out-of-pocket to near $0. Income and purchase price limits apply.
CHFA Eligible: Colorado Housing and Finance Authority offers down payment assistance grants and second mortgage products stackable with FHA. Income and purchase price limits apply.
FAQs
Get pre-approved for an FHA loan in Delta
Low down payment, flexible credit requirements, and DPA stackable programs.