FHA Loans · CO
FHA Home Loans in Fraser, CO
Fraser sits in an elevated FHA zone ($883,200 limit), reflecting the area's higher-than-average home values and giving FHA access to more of the local market.
3.5% Down
$22,470
Monthly Total
$4,267/mo
2026 FHA Limit
$883,200
Income Needed
$140,009/yr
FHA Limit Covers Fraser
FHA loan limits in GRAND County ($883,200) comfortably cover the Fraser median home price ($642,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$22,470
Lower MIP
FHA 10% Down
$64,200
No PMI
Conventional 20%
$128,400
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $3,984 | $283 | $4,267 |
| Conventional 5% down | — | $355 | $4,310 |
Upfront MIP of $10,841 (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 Fraser
Low down payment, flexible credit requirements, and DPA stackable programs.