FHA Loans · CO
FHA Home Loans in Dillon, CO
Dillon's FHA limit of $1,092,500 — among the highest in CO — puts most local properties within FHA reach despite elevated prices.
3.5% Down
$24,570
Monthly Total
$4,666/mo
2026 FHA Limit
$1,092,500
Income Needed
$151,144/yr
FHA Limit Covers Dillon
FHA loan limits in SUMMIT County ($1,092,500) comfortably cover the Dillon median home price ($702,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$24,570
Lower MIP
FHA 10% Down
$70,200
No PMI
Conventional 20%
$140,400
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $4,356 | $310 | $4,666 |
| Conventional 5% down | — | $389 | $4,714 |
Upfront MIP of $11,855 (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 Dillon
Low down payment, flexible credit requirements, and DPA stackable programs.