The Ouray mortgage market
Ouray's tight inventory and tourism-driven rental market make it a favorite for vacation-home buyers.
Strong Airbnb performance — DSCR loans using STR income are common here.
Top loan programs in Ouray
- Conventional — commonly used by Ouray buyers in this market.
- Jumbo — commonly used by Ouray buyers in this market.
- DSCR — commonly used by Ouray buyers in this market.
How much you can borrow in Ouray is set at the county level — the 2026 conforming and FHA ceilings for Ouray County determine where conventional financing ends and jumbo begins. Check the current Ouray County loan limits before you set a purchase price.
Explore loan programs in Ouray
Compare loan options
Side-by-side breakdowns for the programs Ouray buyers weigh most often.
- FHA vs. Conventional →Down payment, credit, and mortgage insurance trade-offs.
- VA vs. FHA →Two low-down-payment options — which one costs less.
- Jumbo vs. Conventional →When a purchase price pushes you past the conforming limit.
- DSCR vs. Conventional →Qualify on rental income instead of your tax returns.
How to qualify for a mortgage in Ouray
Qualifying for a mortgage in Ouray follows the same core process as anywhere in Colorado: lenders review your credit score, debt-to-income ratio, down payment, and income documentation. The right loan program depends on the property type, your goals, and how the home will be used.
- Primary residences: conventional, FHA, VA, or USDA depending on credit and down payment.
- Second homes: typically conventional or jumbo with 10–20% down.
- Investment properties: conventional investor loans (20–25% down) or DSCR loans based on rental income.
Get pre-approved for an Ouray mortgage
Tayton Capital is an independent mortgage broker licensed in Colorado and Florida, helping buyers across the Colorado mountains — including Ouray — find the right loan program at a competitive rate. As a broker we shop conventional, FHA, VA, USDA, jumbo, and DSCR lenders to match each borrower with the best fit.
What clients say about working with us near Ouray
All 203+ reviews →"TJ and his team are amazing! From the beginning of our home hunting journey, TJ was incredibly reliable, responsive, and approachable. We simply could not have purchased our first home without his wealth of knowledge!"
"Incredibly organized and punctual with documents. Communication was great and overall service was as professional as could be! Would love to work with TJ in the future!"
Get your Ouray loan options
See what you qualify for — fast, free, no obligation.
Nearby Mountain markets
Mortgages in Telluride
Median: $2.4M
Mortgages in Ridgway
Median: $785K
Mortgages in Aspen
Median: $3.2M
Mortgages in Vail
Median: $2.1M
Mortgages in Steamboat Springs
Median: $1.15M
Mortgages in Crested Butte
Median: $1.45M
Mortgages in Gunnison
Median: $565K
Mortgages in Salida
Median: $595K