In addition to loan limits, to qualify for an FHA loan you must live in the home as your primary residence. If you’re purchasing a multi-family home, the monthly Fair FHA loans cannot be used for commercial real estate investment purposes or “flipping” homes in Colorado. Additional restricts apply.100% Colorado. Local loan experts with experience you can trust. Guarantee paid in the form of a $500 credit on the settlement form at closing. Financing available on homes in Colorado. Property insurance is required. Consult a tax advisor for further information regarding deductibility of interest.

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Use SmartAsset’s free Colorado mortgage loan calculator to determine your monthly payments Factors in Your Colorado Mortgage Payment. The good news for homebuyers is that Colorado Usually, the title insurance company (or person you’re using for closing and settlement) will withhold.