2026 Loan Limits in New Castle, Garfield County
New Castle sits in Garfield County, a designated high-cost area where the 2026 high-balance conforming limit is $1,209,750 and the FHA limit is actually higher at $1,249,125 — one of the few Colorado counties where FHA ceiling exceeds conforming. Loans up to $1,209,750 can be financed through Fannie Mae or Freddie Mac at high-balance pricing (a slight rate step above standard conforming). Anything above $1,249,125 requires jumbo or non-agency financing. USDA 0% down financing is available on eligible New Castle properties, with a 2026 household income cap of $148,000 (1–4 persons). Eligible addresses must be confirmed — use the USDA eligibility map or ask us to check a specific property.
Loan Programs Available
Conventional
Fannie Mae and Freddie Mac financing up to $1,209,750 in Garfield County — primary, second home, and investment.
FHA
3.5% down, flexible credit, no income cap. New Castle's 2026 FHA ceiling: $1,249,125.
USDA
0% down rural development financing on eligible New Castle addresses, with a 2026 household income cap of $148,000 (1–4 persons). Address must be verified on the USDA eligibility map.
DSCR
Investment property financing that qualifies on rental income — no personal income documentation required. Common in New Castle for long-term rentals and small multi-unit properties.
Jumbo & Non-QM
For loans above the conforming ceiling, bank statement, P&L, asset depletion, and foreign national programs are available.
Local Market Notes
Garfield County; USDA-eligible; growing commuter community.