FHA Loans · CO
FHA Home Loans in Florence, CO
FHA's 3.5% minimum on Florence's $275,000 median requires just $9,625 — $4,125 less than a 5% conventional down payment.
3.5% Down
$9,625
Monthly Total
$1,827/mo
2026 FHA Limit
$541,287
Income Needed
$71,916/yr
FHA Limit Covers Florence
FHA loan limits in FREMONT County ($541,287) comfortably cover the Florence median home price ($275,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$9,625
Lower MIP
FHA 10% Down
$27,500
No PMI
Conventional 20%
$55,000
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $1,706 | $121 | $1,827 |
| Conventional 5% down | — | $152 | $1,846 |
Upfront MIP of $4,644 (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 Florence
Low down payment, flexible credit requirements, and DPA stackable programs.