FHA Loans · CO
FHA Home Loans in Dolores, CO
FHA's 3.5% minimum on Dolores's $262,000 median requires just $9,170 — $3,930 less than a 5% conventional down payment.
3.5% Down
$9,170
Monthly Total
$1,741/mo
2026 FHA Limit
$541,287
Income Needed
$69,516/yr
FHA Limit Covers Dolores
FHA loan limits in MONTEZUMA County ($541,287) comfortably cover the Dolores median home price ($262,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$9,170
Lower MIP
FHA 10% Down
$26,200
No PMI
Conventional 20%
$52,400
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $1,626 | $115 | $1,741 |
| Conventional 5% down | — | $145 | $1,759 |
Upfront MIP of $4,424 (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 Dolores
Low down payment, flexible credit requirements, and DPA stackable programs.