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Jumbo Loans in Telluride, Colorado 2026
Telluride doesn't have a conforming loan market in any practical sense. With a median home price of $2.4M and San Miguel County's conforming limit at $1,089,050, most Telluride purchases require jumbo financing — loans above the conforming ceiling that are funded by portfolio lenders rather than the secondary market.
Telluride's Loan Landscape
San Miguel County has one of the highest conforming limits in Colorado at $1,089,050. But even at that elevated ceiling, a buyer putting 20% down on a $2.4M property carries a $1,920,000 loan — nearly double the conforming limit. Conforming up to $1,089,050 covers condos and some Mountain Village studios. Jumbo $1,089,051–$2,500,000 covers most Telluride SFR purchases. Super-jumbo above $2,500,000 covers luxury and ski-in/ski-out properties.
Jumbo Requirements for Telluride Buyers
Credit 720 minimum; 740+ for best pricing; 760+ for super-jumbo. Down payment 20–25% standard; some portfolio lenders go to 15%. Reserves 12–24 months PITIA post-close — on a $15,000/mo payment, that's $180,000–$360,000 liquid. DTI 43% max; 38% preferred. Bank statement jumbo available for self-employed.
Payment Example — Telluride SFR
Purchase $1,850,000 with 25% down ($462,500). Loan $1,387,500. Rate 7.25% (30-year jumbo portfolio). P&I ~$9,468/mo. Property tax ~$693/mo (0.45% San Miguel County). Insurance ~$350/mo. HOA if Mountain Village ~$800–$2,400/mo. Total PITIA ~$11,311+/mo.
Second Home vs. Primary Residence Jumbo
Primary residence: lower rate, lower down payment minimum. Second home: typically 0.25–0.375% rate premium; 10–20% down. Investment/STR: requires DSCR or portfolio investor product. Mountain Village HOAs have varying STR restrictions — verify before assuming rental income.
Telluride jumbo financing through an independent broker with portfolio lender relationships. 970-708-9624 | tj@taytoncapitalllc.com.
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