Routt County's 2026 FHA limit of $1,089,050 sits $547,763 above Colorado's standard floor of $541,287, giving Oak Creek buyers significantly more purchasing power than most Colorado markets. At Oak Creek's median price of $445,000, FHA requires just $15,600 down — saving $73,400 versus a 20% conventional down payment. Monthly MIP runs approximately $200 at that loan size, with a one-time upfront MIP of $7,500 typically rolled into the loan.
Most Oak Creek purchases fall comfortably within the $1,089,050 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 Oak Creek addresses (income cap $148,000 for a 1–4 person household).
We close FHA loans in Routt 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