FHA Loans · CO
FHA Home Loans in Mead, CO
FHA's 3.5% minimum on Mead's $475,000 median requires just $16,625 — $7,125 less than a 5% conventional down payment.
3.5% Down
$16,625
Monthly Total
$3,157/mo
2026 FHA Limit
$575,000
Income Needed
$109,032/yr
FHA Limit Covers Mead
FHA loan limits in WELD County ($575,000) comfortably cover the Mead median home price ($475,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$16,625
Lower MIP
FHA 10% Down
$47,500
No PMI
Conventional 20%
$95,000
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $2,947 | $210 | $3,157 |
| Conventional 5% down | — | $263 | $3,189 |
Upfront MIP of $8,021 (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 Mead
Low down payment, flexible credit requirements, and DPA stackable programs.