FHA Home Loans in Mountain Village, CO

Mountain Village is a resort market where second-home and short-term-rental demand sets the price floor. San Miguel County is a designated high-cost county for 2026, so the conforming limit is $994,750 rather than the $847,440 national baseline. HUD set the county's one-unit FHA limit at $1,045,350 — $504,063 above the $541,287 national floor. With a median around $1,800,000, the typical Mountain Village purchase already sits above the conforming limit, so jumbo or high-balance financing is the normal path here. Because the $1,045,350 FHA ceiling lands below the $1,800,000 median, FHA buyers in Mountain Village are generally shopping the lower half of the market, buying a condo or townhome, or bringing more than the 3.5% minimum to close the gap. On 2–4 units, the FHA limits step up to $1,338,048 (duplex), $1,617,575 (triplex), and $2,010,313 (fourplex) — the route Colorado buyers use to house-hack with 3.5% down while tenants carry part of the payment.