Fort Collins FHA Loan Rates, Closing Costs & Stats

FORT COLLINS, CO

FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

For additional requirements as defined by the FHA, click here.

Fort Collins's 89 lenders originated 773 FHA loans during 2024. The total origination value was $330,325,000, with an average FHA loan value of $427,329.

Fort Collins FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Fort Collins averaged 6.03% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

Fort Collins's average FHA mortgage closing costs are $11,201.

The average rate for the prior week (2025-03-28) was 6.53% and one month ago for the week of 2025-02-28, the average rate was 6.51%.

The average rate one year ago was 6.73%.

For refis of the same type during the week of 2025-04-04, the average rate was 5.98%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Fort Collins FHA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Fort Collins level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 107 5.90% $17,611
DHI MORTGAGE COMPANY, LTD. 44 4.78% $14,683
QUICKEN LOANS, LLC 32 6.01% $15,524
AMERICAN FINANCING CORPORATION 25 5.70% $19,834
GUILD MORTGAGE COMPANY 25 6.39% $18,833
EAGLE HOME MORTGAGE, LLC 24 4.76% $11,479
GUARANTEED RATE, INC. 20 6.25% $15,223
CROSSCOUNTRY MORTGAGE, LLC 20 6.45% $14,887
HOMEAMERICAN MORTGAGE CORPORATION 19 4.91% $8,935
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 18 6.34% $15,695
First Western Trust Bank 18 6.10% $10,573
LOANDEPOT.COM, LLC 16 5.71% $14,552
BROKER SOLUTIONS, INC. 14 6.36% $19,474
JET HOMELOANS, LLC 14 5.40% $12,277
FREEDOM MORTGAGE CORPORATION 13 5.75% $21,826
American Mortgage & Equity Consultants, Inc. 11 6.03% $14,899
Loan Simple, Inc. 11 6.66% $15,403
CORNERSTONE HOME LENDING, INC. 9 5.93% $13,757
HOMESIDE FINANCIAL, LLC 9 6.42% $14,834
CMG MORTGAGE, INC. 9 6.18% $15,578
INSPIRE HOME LOANS INC. 7 4.63% $13,601
Elevations Credit Union 7 6.45% $12,797
Paramount Residential Mortgage Group, Inc. 7 7.00% $15,560
Gateway First Bank 7 6.45% $16,588
SUN WEST MORTGAGE COMPANY, INC. 6 5.91% $15,772
GROUP MORTGAGE, LLC 6 5.90% $16,341
PENNYMAC LOAN SERVICES, LLC 6 6.00% $13,788
MOVEMENT MORTGAGE, LLC 6 6.44% $18,556
Century Mortgage Company DBA Century Lending Company 6 6.38% $15,160
NEWREZ LLC 5 6.25% $15,122
TOWNE MORTGAGE COMPANY 5 6.18% $14,051
Bank of Colorado 5 6.38% $14,583
NEST HOME LENDING, LLC 4 4.74% $15,836
VAN DYK MORTGAGE CORPORATION 4 6.53% $14,437
LAKEVIEW LOAN SERVICING, LLC 4 6.22% $10,413
S1L, Inc. 3 6.42% $16,431
Flagstar Bank, FSB 3 5.92% $13,366
AMERISAVE MORTGAGE CORPORATION 3 6.25% $20,911
U.S. Bank 3 5.88% $20,494
ALLIED MORTGAGE GROUP, INC. 3 6.38% $12,730
GUARANTEED RATE AFFINITY, LLC 3 6.29% $15,407
Equity Prime Mortgage LLC 3 6.71% $17,529
Mr. Cooper ( Nationstar Mortgage ) 3 6.50% $18,103
BAY EQUITY LLC 3 6.63% $14,644
MEGASTAR FINANCIAL CORP. 3 6.79% $15,652
ZILLOW HOME LOANS, LLC 2 5.00% $19,800
AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.31% $20,132
Ixonia Bank 2 7.19% $13,810
Financial Funding Solutions, Inc. 2 6.63% $9,662
Ent Credit Union 2 5.69% $10,285
JPMorgan Chase Bank 2 7.06% $8,973
ENVOY MORTGAGE, LTD 2 6.06% $14,291
Zions Bank 1 6.13% $15,089
AMERICAN FINANCIAL NETWORK, INC. 1 6.13% $8,114
AmeriHome Mortgage Company, LLC 1 6.63% $10,690
ARC HOME LLC 1 7.13% $11,869
Bell Bank 1 6.25% $11,571
Bethpage Federal Credit Union 1 6.75% $3,180
BETTER MORTGAGE CORPORATION 1 5.38% $22,582
BROOKHOLLOW MORTGAGE SERVICES, LTD 1 5.00% $7,684
Carrington Mortgage Services, LLC 1 5.63% $17,782
CENTENNIAL LENDING, LLC 1 6.00% $14,903
FBC MORTGAGE, LLC 1 4.99% $12,921
First National Bank of Omaha 1 6.00% $22,386
FLAT BRANCH MORTGAGE, INC. 1 6.50% $9,544
Granite Community Bank 1 5.25% $18,810
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.75% $11,753
Independent Bank 1 5.75% $26,692
INTERCAP LENDING INC. 1 6.38% $19,910
LADERA LENDING, INC. 1 6.75% $17,112
LEADERONE FINANCIAL CORPORATION 1 6.25% $17,948
LIBERTY HOME MORTGAGE CORPORATION 1 7.00% $24,200
M2 Lending Solutions, LLC 1 6.75% $10,739
MID AMERICA MORTGAGE, INC. 1 8.75% $4,375
Mortgage Research Center, LLC 1 5.99% $10,007
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.50% $27,018
Nations Lending Corporation 1 6.63% $30,585
NBH Bank 1 6.25% $6,224
Network Funding, L.P. 1 5.75% $12,147
Peak Financial 1 6.25% $17,703
PHH Mortgage Corporation 1 5.63% $7,832
PLANET HOME LENDING, LLC 1 5.88% $25,864
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.63% $0
STOCKTON MORTGAGE CORPORATION 1 7.25% $25,841
SUMMIT FUNDING, INC. 1 7.00% $19,870
Sunflower Bank 1 6.63% $13,621
T2 FINANCIAL LLC 1 6.13% $10,889
The Loan Store, Inc. 1 5.49% $15,261
VERITAS FUNDING, LLC 1 5.75% $22,423

The top Fort Collins FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 107 FHA loans originated. Their average total fees are $17,611, which is $2,928 higher than the next largest lender, DHI MORTGAGE COMPANY, LTD..

The lowest fee Fort Collins FHA lenders (with over 10 loans originated) are HOMEAMERICAN MORTGAGE CORPORATION ($8,935), First Western Trust Bank ($10,573), EAGLE HOME MORTGAGE, LLC ($11,479), JET HOMELOANS, LLC ($12,277) and LOANDEPOT.COM, LLC ($14,552).

The lowest rate Fort Collins FHA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.76%), DHI MORTGAGE COMPANY, LTD. (4.78%), HOMEAMERICAN MORTGAGE CORPORATION (4.91%), JET HOMELOANS, LLC (5.40%) and AMERICAN FINANCING CORPORATION (5.70%).

Fort Collins FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
FORT COLLINS, CO LARIMER 2022 $522,100 $668,400 $807,900 $1,004,050
FORT COLLINS, CO LARIMER 2023 $614,100 $786,150 $950,300 $1,181,000

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Fort Collins (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $469,950 (6.7%) $578,375 (4.6%) 1.74 827
2018-02-01 $473,815 (5.6%) $593,184 (4.9%) 1.72 811
2018-03-01 $479,000 (6.5%) $613,146 (9.0%) 1.68 860
2018-04-01 $491,200 (9.2%) $621,106 (12.3%) 1.67 905
2018-05-01 $490,966 (8.1%) $616,989 (10.5%) 1.64 1,057
2018-06-01 $481,675 (4.9%) $610,600 (6.7%) 1.61 1,157
2018-07-01 $482,473 (6.7%) $604,629 (4.9%) 1.61 1,261
2018-08-01 $466,475 (3.7%) $588,416 (3.0%) 1.56 1,326
2018-09-01 $465,000 (3.3%) $588,612 (3.5%) 1.56 1,349
2018-10-01 $454,496 (-0.1%) $578,446 (1.0%) 1.54 1,296
2018-11-01 $449,063 (-2.1%) $570,267 (0.5%) 1.52 1,256
2018-12-01 $439,945 (-5.4%) $563,078 (-2.4%) 1.52 1,129
2019-01-01 $439,950 (-6.4%) $555,245 (-4.0%) 1.52 1,045
2019-02-01 $441,400 (-6.8%) $553,575 (-6.7%) 1.49 1,042
2019-03-01 $447,143 (-6.7%) $563,317 (-8.1%) 1.46 1,022
2019-04-01 $451,200 (-8.1%) $571,456 (-8.0%) 1.43 1,035
2019-05-01 $452,450 (-7.8%) $573,778 (-7.0%) 1.41 1,164
2019-06-01 $444,000 (-7.8%) $558,200 (-8.6%) 1.39 1,382
2019-07-01 $437,291 (-9.4%) $558,298 (-7.7%) 1.37 1,535
2019-08-01 $433,713 (-7.0%) $554,263 (-5.8%) 1.37 1,509
2019-09-01 $431,782 (-7.1%) $552,094 (-6.2%) 1.38 1,470
2019-10-01 $430,495 (-5.3%) $551,520 (-4.7%) 1.39 1,425
2019-11-01 $430,582 (-4.1%) $552,315 (-3.2%) 1.41 1,304
2019-12-01 $433,127 (-1.6%) $553,131 (-1.8%) 1.44 1,128
2020-01-01 $439,239 (-0.2%) $565,759 (1.9%) 1.47 1,009
2020-02-01 $449,900 (1.9%) $571,034 (3.2%) 1.47 966
2020-03-01 $451,767 (1.0%) $575,737 (2.2%) 1.42 975
2020-04-01 $451,767 (0.1%) $584,953 (2.4%) 1.42 1,125
2020-05-01 $460,000 (1.7%) $588,524 (2.6%) 1.40 1,289
2020-06-01 $471,903 (6.3%) $599,742 (7.4%) 1.39 1,216
2020-07-01 $469,125 (7.3%) $596,220 (6.8%) 1.36 1,150
2020-08-01 $469,700 (8.3%) $602,305 (8.7%) 1.35 1,035
2020-09-01 $464,595 (7.6%) $608,064 (10.1%) 1.33 930
2020-10-01 $472,981 (9.9%) $615,561 (11.6%) 1.36 800
2020-11-01 $473,000 (9.9%) $619,478 (12.2%) 1.38 730
2020-12-01 $474,764 (9.6%) $624,630 (12.9%) 1.41 648
2021-01-01 $478,326 (8.9%) $644,327 (13.9%) 1.43 489
2021-02-01 $494,450 (9.9%) $695,991 (21.9%) 1.44 433
2021-03-01 $518,028 (14.7%) $712,504 (23.8%) 1.47 377
2021-04-01 $499,950 (10.7%) $694,158 (18.7%) 1.35 378
2021-05-01 $545,130 (18.5%) $707,717 (20.3%) 1.45 376
2021-06-01 $533,426 (13.0%) $697,139 (16.2%) 1.40 474
2021-07-01 $549,000 (17.0%) $696,591 (16.8%) 1.45 554
2021-08-01 $544,900 (16.0%) $690,411 (14.6%) 1.45 600
2021-09-01 $544,900 (17.3%) $686,903 (13.0%) 1.45 590
2021-10-01 $555,000 (17.3%) $707,612 (15.0%) 1.48 544
2021-11-01 $563,879 (19.2%) $713,387 (15.2%) 1.51 430
2021-12-01 $510,765 (7.6%) $625,795 (0.2%) 1.38 988
2022-01-01 $604,245 (26.3%) $790,142 (22.6%) 1.63 262
2022-02-01 $598,950 (21.1%) $832,905 (19.7%) 1.56 226
2022-03-01 $606,250 (17.0%) $833,754 (17.0%) 1.52 246
2022-04-01 $600,000 (20.0%) $809,965 (16.7%) 1.43 326
2022-05-01 $625,050 (14.7%) $800,924 (13.2%) 1.43 504
2022-06-01 $627,450 (17.6%) $794,139 (13.9%) 1.40 670
2022-07-01 $635,750 (15.8%) $781,926 (12.3%) 1.43 828
2022-08-01 $636,500 (16.8%) $809,283 (17.2%) 1.47 839
2022-09-01 $621,100 (14.0%) $786,034 (14.4%) 1.45 881
2022-10-01 $611,875 (10.3%) $785,467 (11.0%) 1.44 894
2022-11-01 $585,000 (3.8%) $755,054 (5.8%) 1.41 901
2022-12-01 $584,990 (14.5%) $756,466 (20.9%) 1.44 739
2023-01-01 $587,000 (-2.9%) $765,428 (-3.1%) 1.45 627
2023-02-01 $583,906 (-2.5%) $750,127 (-9.9%) 1.41 609
2023-03-01 $603,720 (-0.4%) $774,913 (-7.1%) 1.42 610
2023-04-01 $615,495 (2.6%) $803,381 (-0.8%) 1.43 645
2023-05-01 $636,883 (1.9%) $812,710 (1.5%) 1.44 803
2023-06-01 $643,300 (2.5%) $823,565 (3.7%) 1.45 940
2023-07-01 $640,000 (0.7%) $820,271 (4.9%) 1.45 1,048
2023-08-01 $627,473 (-1.4%) $800,228 (-1.1%) 1.44 1,088
2023-09-01 $625,000 (0.6%) $809,244 (3.0%) 1.46 1,065
2023-10-01 $619,968 (1.3%) $818,458 (4.2%) 1.46 1,092
2023-11-01 $609,998 (4.3%) $819,783 (8.6%) 1.45 1,016
2023-12-01 $600,000 (2.6%) $821,828 (8.6%) 1.46 845
2024-01-01 $616,475 (5.0%) $813,376 (6.3%) 1.51 741
2024-02-01 $619,470 (6.1%) $820,452 (9.4%) 1.49 729
2024-03-01 $655,000 (8.5%) $844,054 (8.9%) 1.54 736
2024-04-01 $649,375 (5.5%) $838,008 (4.3%) 1.51 835
2024-05-01 $649,975 (2.1%) $835,826 (2.8%) 1.48 993
2024-06-01 $630,000 (-2.1%) $812,823 (-1.3%) 1.43 1,188
2024-07-01 $618,000 (-3.4%) $788,355 (-3.9%) 1.41 1,334
2024-08-01 $604,950 (-3.6%) $791,358 (-1.1%) 1.41 1,467
2024-09-01 $599,950 (-4.0%) $794,466 (-1.8%) 1.41 1,529
2024-10-01 $599,970 (-3.2%) $794,255 (-3.0%) 1.41 1,485
2024-11-01 $599,000 (-1.8%) $793,362 (-3.2%) 1.44 1,363
2024-12-01 $593,750 (-1.0%) $794,136 (-3.4%) 1.48 1,102
2025-01-01 $582,438 (-5.5%) $792,164 (-2.6%) 1.45 982
2025-02-01 $589,750 (-4.8%) $812,255 (-1.0%) 1.43 1,002
2025-03-01 $599,000 (-8.6%) $807,422 (-4.3%) 0.00 1,136
Fort Collins's median listing price for 2025-03-01 was $599,000, a difference of $-56,000 (-8.6%) versus the prior year and $9,250 versus the prior month.

Fort Collins's median listing price comes in at 0% of the national average.

Fort Collins's average listing price for 2025-03-01 was $807,422, a difference of $-36,632 (-4.3%) versus the prior year and $-4,833 versus the prior month.

For the 2025-03-01 period, Fort Collins had 1,136 MLS listings, a difference of 134 listings (13%) versus the prior month and 400 listings (54%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Fort Collins (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 85 days 3,007 sqft
2018-02-01 59 days 2,976 sqft
2018-03-01 45 days 3,031 sqft
2018-04-01 41 days 3,013 sqft
2018-05-01 36 days 2,895 sqft
2018-06-01 37 days 2,839 sqft
2018-07-01 43 days 2,826 sqft
2018-08-01 45 days 2,795 sqft
2018-09-01 50 days 2,786 sqft
2018-10-01 54 days 2,745 sqft
2018-11-01 57 days 2,735 sqft
2018-12-01 69 days 2,696 sqft
2019-01-01 66 days 2,608 sqft
2019-02-01 55 days 2,664 sqft
2019-03-01 48 days 2,687 sqft
2019-04-01 43 days 2,755 sqft
2019-05-01 37 days 2,796 sqft
2019-06-01 37 days 2,696 sqft
2019-07-01 40 days 2,684 sqft
2019-08-01 47 days 2,607 sqft
2019-09-01 53 days 2,596 sqft
2019-10-01 57 days 2,589 sqft
2019-11-01 60 days 2,594 sqft
2019-12-01 71 days 2,663 sqft
2020-01-01 74 days 2,663 sqft
2020-02-01 60 days 2,695 sqft
2020-03-01 44 days 2,700 sqft
2020-04-01 44 days 2,690 sqft
2020-05-01 46 days 2,741 sqft
2020-06-01 40 days 2,745 sqft
2020-07-01 40 days 2,730 sqft
2020-08-01 40 days 2,720 sqft
2020-09-01 44 days 2,638 sqft
2020-10-01 44 days 2,580 sqft
2020-11-01 52 days 2,517 sqft
2020-12-01 59 days 2,521 sqft
2021-01-01 73 days 2,490 sqft
2021-02-01 40 days 2,489 sqft
2021-03-01 49 days 2,541 sqft
2021-04-01 45 days 2,418 sqft
2021-05-01 33 days 2,557 sqft
2021-06-01 30 days 2,481 sqft
2021-07-01 37 days 2,493 sqft
2021-08-01 32 days 2,476 sqft
2021-09-01 36 days 2,480 sqft
2021-10-01 37 days 2,466 sqft
2021-11-01 44 days 2,501 sqft
2021-12-01 59 days 2,396 sqft
2022-01-01 50 days 2,600 sqft
2022-02-01 29 days 2,470 sqft
2022-03-01 25 days 2,516 sqft
2022-04-01 18 days 2,529 sqft
2022-05-01 17 days 2,519 sqft
2022-06-01 23 days 2,607 sqft
2022-07-01 27 days 2,648 sqft
2022-08-01 36 days 2,651 sqft
2022-09-01 39 days 2,571 sqft
2022-10-01 44 days 2,605 sqft
2022-11-01 45 days 2,485 sqft
2022-12-01 64 days 2,485 sqft
2023-01-01 71 days 2,470 sqft
2023-02-01 59 days 2,437 sqft
2023-03-01 47 days 2,500 sqft
2023-04-01 37 days 2,581 sqft
2023-05-01 32 days 2,590 sqft
2023-06-01 34 days 2,612 sqft
2023-07-01 37 days 2,577 sqft
2023-08-01 41 days 2,542 sqft
2023-09-01 45 days 2,610 sqft
2023-10-01 47 days 2,543 sqft
2023-11-01 52 days 2,488 sqft
2023-12-01 66 days 2,463 sqft
2024-01-01 71 days 2,457 sqft
2024-02-01 53 days 2,418 sqft
2024-03-01 38 days 2,587 sqft
2024-04-01 37 days 2,562 sqft
2024-05-01 33 days 2,583 sqft
2024-06-01 36 days 2,497 sqft
2024-07-01 42 days 2,478 sqft
2024-08-01 48 days 2,471 sqft
2024-09-01 51 days 2,441 sqft
2024-10-01 58 days 2,419 sqft
2024-11-01 65 days 2,396 sqft
2024-12-01 73 days 2,306 sqft
2025-01-01 75 days 2,239 sqft
2025-02-01 51 days 2,291 sqft
2025-03-01 0 days 2,331 sqft
Fort Collins's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

Fort Collins's median square footage for active listings during the 2025-03-01 period was 2,331 sqft. One year prior, the average listing was 2,587 sqft.

FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).