FHA buyers in La Junta work within Colorado's standard 2026 limit of $541,287. At the local median price of $215,000, FHA requires $7,500 down — $35,500 less than a 20% conventional down payment. Monthly MIP is approximately $100, with $3,600 upfront MIP rolled into the loan at closing.
Most La Junta purchases fall comfortably within the $541,287 FHA ceiling. FHA is a strong fit for first-time buyers, repeat buyers with limited down payment, and borrowers with credit scores down to 580.
Colorado's CHFA (Colorado Housing Finance Authority) offers down payment assistance statewide. Ask us whether the CHFA SmartStep or Preferred programs apply to your purchase. USDA 0% down may also be available for eligible La Junta addresses (income cap $112,000 for a 1–4 person household).
We close FHA loans in Otero County — typically in 21–28 days. Tell us your purchase price and we'll send you a full breakdown within hours.
Tell us a little about you and we'll reach out personally — usually within one business day.
Or call (970) 708-9624