2026 Loan Limits in Basalt, Pitkin County
Pitkin County is a designated high-cost county for 2026, so the conforming limit is $1,209,750 rather than the $832,750 national baseline. HUD set the county's one-unit FHA limit at $1,249,125 — $707,838 above the $541,287 national floor. At a $955,000 median, both conforming and FHA financing reach the middle of the Basalt market. On 2–4 units, conforming runs $1,548,480/$1,871,967/$2,326,470 and FHA $1,598,880/$1,932,896/$2,402,192, which is how Basalt buyers house-hack a duplex with 3.5% down.
Loan Programs Available
Conventional
Fannie Mae and Freddie Mac financing up to $1,209,750 in Pitkin County — primary, second home, and investment.
FHA
3.5% down, flexible credit, no income cap. Basalt's 2026 FHA ceiling: $1,249,125.
DSCR
Investment property financing that qualifies on rental income — no personal income documentation required. Common in Basalt for long-term rentals and small multi-unit properties.
Jumbo & Non-QM
For loans above the conforming ceiling, bank statement, P&L, asset depletion, and foreign national programs are available.
Local Market Notes
Basalt, Pitkin County — a resort market where second-home and short-term-rental demand sets the price floor; median $955,000; county FHA limit $1,249,125.