FHA buyers in Pagosa Springs work within Colorado's standard 2026 limit of $541,287. At the local median price of $575,000, FHA requires $20,100 down — $94,900 less than a 20% conventional down payment. Monthly MIP is approximately $250, with $9,700 upfront MIP rolled into the loan at closing.
Pagosa Springs's median price of $575,000 exceeds the $541,287 FHA ceiling. FHA works best for entry-level buyers targeting properties priced below $561,000. For purchases above that threshold, conventional high-balance or jumbo financing is required.
Colorado's CHFA (Colorado Housing Finance Authority) offers down payment assistance statewide. Ask us whether the CHFA SmartStep or Preferred programs apply to your purchase. USDA 0% down may also be available for eligible Pagosa Springs addresses (income cap $118,000 for a 1–4 person household).
We close FHA loans in Archuleta County — typically in 21–28 days. Tell us your purchase price and we'll send you a full breakdown within hours.
Tell us a little about you and we'll reach out personally — usually within one business day.
Or call (970) 708-9624