About This Program in Telluride (rural)
San Miguel County's 2026 FHA limit of $1,045,350 sits $504,063 above Colorado's standard floor of $541,287, giving Telluride (rural) buyers significantly more purchasing power than most Colorado markets. At Telluride (rural)'s median price of $685,000, FHA requires just $24,000 down — saving $113,000 versus a 20% conventional down payment. Monthly MIP runs approximately $300 at that loan size, with a one-time upfront MIP of $11,600 typically rolled into the loan.