FHA Loans · CO
FHA Home Loans in Alamosa, CO
FHA's 3.5% minimum on Alamosa's $225,000 median requires just $7,875 — $3,375 less than a 5% conventional down payment.
3.5% Down
$7,875
Monthly Total
$1,495/mo
2026 FHA Limit
$541,287
Income Needed
$62,651/yr
FHA Limit Covers Alamosa
FHA loan limits in ALAMOSA County ($541,287) comfortably cover the Alamosa median home price ($225,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$7,875
Lower MIP
FHA 10% Down
$22,500
No PMI
Conventional 20%
$45,000
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $1,396 | $99 | $1,495 |
| Conventional 5% down | — | $124 | $1,510 |
Upfront MIP of $3,799 (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 Alamosa
Low down payment, flexible credit requirements, and DPA stackable programs.