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The Federal Housing Finance Agency (FHFA) has just increased the amount of money that can be borrowed through a standard home loan to $726,200.* In some areas in Colorado, the limit is even higher. The new limits will take effect in 2023.
This is great news for buyers and owners alike.
- Buyers may be able to borrow more money through a conventional, typically lower-rate loan.
- Owners may be able to refinance† their "jumbo" loan to a lower rate conforming loan and possibly drop mortgage insurance, too.
- Combining (or avoiding) smaller 1st and 2nd mortgages may now be an option.
- The increase reaffirms the health of the housing market and your decision to invest in a home.
Here are the specifics about the change:
- The standard loan limit, also known as the conforming loan limit, rose by 12.21% to a maximum of $726,200 in most counties in Colorado.
- The percentage increase is equal to the national appreciation average over the last year.
- This is the 7th year in a row that the FHFA has raised the limit, after a decade of no increases. The limit has risen more than $300K over six years.
Curious about limits in your county or other areas? Check out the table below. We'll update it as limits change, so bookmark it for future reference if you'd like.
Colorado Conforming Loan Limits by County
| County Name | One-Unit (Single-Family) | Two-Unit (Duplex) | Three-Unit (Triplex) | Four-Unit (Multi-Plex) |
| ADAMS COUNTY | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
| ALAMOSA COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| ARAPAHOE COUNTY | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
| ARCHULETA COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| BACA COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| BENT COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| BOULDER COUNTY | $856,750 | $1,096,800 | $1,325,800 | $1,647,650 |
| BROOMFIELD COUNTY | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
| CHAFFEE COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| CHEYENNE COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| CLEAR CREEK COUNTY | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
| CONEJOS COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| COSTILLA COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| CROWLEY COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| CUSTER COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| DELTA COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| DENVER COUNTY | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
| DOLORES COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| DOUGLAS COUNTY | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
| EAGLE COUNTY | $1,075,250 | $1,376,550 | $1,663,900 | $2,067,850 |
| EL PASO COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| ELBERT COUNTY | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
| FREMONT COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| GARFIELD COUNTY | $948,750 | $1,214,600 | $1,468,150 | $1,824,550 |
| GILPIN COUNTY | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
| GRAND COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| GUNNISON COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| HINSDALE COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| HUERFANO COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| JACKSON COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| JEFFERSON COUNTY | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
| KIOWA COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| KIT CARSON COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| LA PLATA COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| LAKE COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| LARIMER COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| LAS ANIMAS COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| LINCOLN COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| LOGAN COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| MESA COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| MINERAL COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| MOFFAT COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| MONTEZUMA COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| MONTROSE COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| MORGAN COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| OTERO COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| OURAY COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| PARK COUNTY | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
| PHILLIPS COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| PITKIN COUNTY | $948,750 | $1,214,600 | $1,468,150 | $1,824,550 |
| PROWERS COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| PUEBLO COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| RIO BLANCO COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| RIO GRANDE COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| ROUTT COUNTY | $845,250 | $1,082,100 | $1,308,000 | $1,625,500 |
| SAGUACHE COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| SAN JUAN COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| SAN MIGUEL COUNTY | $862,500 | $1,104,150 | $1,334,700 | $1,658,700 |
| SEDGWICK COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| SUMMIT COUNTY | $953,350 | $1,220,450 | $1,475,250 | $1,833,400 |
| TELLER COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| WASHINGTON COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| WELD COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| YUMA COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
† When it comes it comes to refinancing your home loan, you can generally reduce your monthly payment; however, total finance charges may be higher over the life of your mortgage loan.