Loan Limits

FHA Loan Limits FHA loan limits are determined by county and unit number. In Mesa county the limits are: – 1 Unit: $282,900 – 2 Units:$362,150 – 3 Units: $437,750 – 4 Units:$544,050 Source:

San Juan County – 1Unit: $271,050 – 2 Units: $347,000 – 3 Units: $419,425 – 4 units: $521,250 Source:

San Miguel County 1 Unit:$625,500 2 Units: $800,775 3 Units: $967,950 4 Units: $1,202,925 Source:

Montrose County 1 Unit: $271,050 2 Units: $347,000 3 Units: $419,425 4 Units: $521,250 Source:

Delta County 1 Unit: $271,050 2 Units: $347,000 3 Units: $419,425 4 Units: $521,250 Source:

VA Loans VA loan limits depend on the county in which you are purchasing a home In Colorado, VA loan limits range from $417,000 to as high as $781,250 Source:

Conventional Loan Limits In the Contiguous United States Conventional loan limits depend on how many units are in the property: – 1 Unit$417,000 – 2 Units$533,850 – 3 Units$645,300 – 4 Units$801,950 Source:

High Cost loan areas-Conventional limits Some counties in Colorado are considered high cost areas. Limits are: – 1 Unit$625,500 – 2 Units$800,775 – 3 Units$967,950 – 4 Units$1,202,925 Counties in CO include: Eagle, Garfield, Lake, Pitkin, Routt, San Miguel, Summit, Hinsdale, and Ouray Source:

USDA (Rural Development) Loan Limits No Limit – May be subject to income limits

Jumbo Loan Limits This is a loan that is above $417,000 Loan amounts up to $2.5 Million allowed – Terms and requirements change as the loan amount increases.

FOR MORE INFORMATION CALL: Grand Junction: Montrose: Steamboat Springs: Gunnison:

COMPLIANCE Equal Housing Lender. This is not a commitment to lend or extend credit. Restrictions may apply. Rates may not be available at time of application. Information and/or data are subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states. Bay Equity LLC, 100 California Street Suite 1100, San Francisco, CA ; NMLS ID# Loans will be made or arranged pursuant to Department of Business Oversight California Finance Lenders Law License # ; Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act- # ; Arizona Mortgage Banker License # ; Hawaii Mortgage Loan Originator Company License #HI-76988; MBL-7852 Idaho Mortgage Lender Broker License; Montana Mortgage Lender License #76988; Nevada Mortgage Broker License #3918.; New Mexico Lender License #76988; Oregon Mortgage Lender License #4845; Texas SML Mortgage Banker Registration #76988; Utah DRE Mortgage Entity # ; Washington Consumer Loan License #CL-76988; NMLS ID#76988; Colorado Mortgage Company Registration # Regulated by the Colorado Division of Real Estate. NMLS consumer access: BEHL