How much equity do I need to refinance in Basalt, CO?

Rate-and-term jumbo caps at 80–90% LTV. Jumbo cash-out is more conservative at 70–80%. VA IRRRL and FHA Streamline have no LTV limit if you have those loan types.

What loan limits apply in Basalt?

Basalt is in Eagle County. The 2026 conforming loan limit is $1,249,125. Above that, jumbo pricing applies. FHA limit in Eagle County is also $1,249,125.

Is DSCR refinance available for a Basalt short-term rental?

Yes. Basalt allows short-term rentals in most zones, and DSCR programs will underwrite STR income via AirDNA or comparable market data. Close in an LLC. No personal tax returns required.

What are typical refinance closing costs in Basalt?

Roughly 1.5–2.5% of the loan amount. On a $1M+ jumbo file, expect $18,000–$25,000.

How much cash can I take out of a home in Basalt, CO?

Conventional and FHA cash-outs allow up to 80% of your home's appraised value, minus what you owe. At Basalt's median price of $1,450,000, that's a new loan of up to $1,160,000 conventional or $1,160,000 FHA. Eligible VA borrowers can go up to 100% of value, including the funding fee.

How soon can I do a cash-out refinance on my Basalt home?

For a conventional loan, the mortgage you're paying off must be at least 12 months old and a borrower must have been on title for 6 months. FHA requires 12 months of owning and living in the home with on-time payments. If you bought with cash, delayed financing can allow a cash-out within 6 months.

Refinance · Basalt, CO

Refinance Your Mortgage in Basalt, CO — Rates, Cash-Out & Programs 2026

Rate-and-term, cash-out, jumbo, and DSCR refinance options for Basalt homeowners.

Est. 2020 Buyer Equity

$520,000

Max Cash-Out (80% LTV)

$1,160,000

Conforming Limit

$1,249,125

Break-Even

52 months

Refinancing in Basalt, CO — What to Know

Basalt sits in the Roaring Fork valley between Aspen and Glenwood Springs, and property values have appreciated significantly since 2020. Most refinance activity here is jumbo — Eagle County's conforming limit is $1,249,125, and most single-family Basalt homes are above that. Second-home ownership is significant, and short-term rental activity is meaningful, so DSCR refinancing is active for investor-owned properties.

Equity estimates are illustrative. The figures above assume a 2020 purchase at approximately 80% of today's median value with 5% down. Your actual equity depends on your purchase price, original loan amount, and current home value. Contact us for a free equity and refinance analysis specific to your property.

Refinance Products Available in Basalt

Tayton Capital offers all major refinance products in Basalt:

Rate-and-Term Refinance: Lower your rate, shorten your term, or switch from ARM to fixed. Available conventional (up to $1,249,125 in Eagle County), FHA, VA, and jumbo above the conforming limit.

Cash-Out Refinance: Pull equity as cash — max 80% LTV conventional, 85% FHA, 100% VA. Jumbo cash-out typically caps at 70–75% LTV given Basalt values.

Jumbo Refinance: Standard product for most Basalt files. Rate-and-term up to 80–90% LTV, cash-out to 70–80%.

DSCR Refinance: For investor-owned properties. Qualifies on rental income only, close in an LLC, STR income accepted on many programs.

DSCR Refi for STR Investors — If you own a short-term rental in Basalt, a DSCR refinance lets you qualify on rental income rather than personal W-2s. Close in an LLC. No tax return required.

Refinance Timing — Basalt Break-Even Analysis

Basalt refinance timing depends heavily on jumbo pricing. Small rate movements in the jumbo market translate to meaningful monthly-payment changes. Rate-and-term break-even typically runs 40–55 months on a Basalt-sized file. Cash-out break-even is usually faster because the payment increase is offset by capital deployment.

Rate disclaimer: Payment savings examples use approximate 2026 market rates for illustration purposes. Actual rates depend on credit score, loan-to-value, loan type, and market conditions at time of application. Quoted rates may differ. Contact us for a current rate quote.

How much cash could you take out in Basalt?

At Basalt's median home price of $1,450,000, these are the largest new loans each program allows on a single-family home. Subtract what you owe and your closing costs to estimate your cash.

Program	Max LTV	Largest loan at $1,450,000
Conventional (primary home)	80%	$1,160,000
FHA (primary home)	80%	$1,160,000
VA (primary home)	100%	$1,450,000
Conventional (rental, 1 unit)	75%	$1,087,500

The VA figure includes any financed funding fee. Lenders can set lower limits.

Before you apply

Conventional cash-outs need the mortgage you're paying off to be at least 12 months old, with a borrower on title for 6 months.
FHA cash-outs need 12 months of owning and living in the home, with every payment made on time.
On a primary home, the cash is released after a three-business-day right of rescission.

Cash-out calculator · Colorado cash-out refinance guide · Requirements · Cash-out vs. home equity loan