Fort Collins FHA Loan Rates, Closing Costs & Stats

FORT COLLINS, CO

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    • 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 0.07% for the week of 2025-06-20, compared to the national average (all FHA variants) of 0% for the same period.

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

    The average rate for the prior week (2025-06-13) was 6.76% and one month ago for the week of 2025-05-16, the average rate was 6.52%.

    The average rate one year ago was 6.77%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.17%.

    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

    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).