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 6.69% for the week of 2025-05-23, compared to the national average (all FHA variants) of 6.612% for the same period.

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

    The average rate for the prior week (2025-05-16) was 6.72% and one month ago for the week of 2025-04-18, the average rate was 6.34%.

    The average rate one year ago was 6.92%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.64%.

    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%) 1.41 1,136
    2025-04-01 $600,000 (-7.6%) $797,444 (-4.8%) 1.39 1,323
    Fort Collins's median listing price for 2025-04-01 was $600,000, a difference of $-49,375 (-7.6%) versus the prior year and $1,000 versus the prior month.

    Fort Collins's median listing price comes in at 139% of the national average.

    Fort Collins's average listing price for 2025-04-01 was $797,444, a difference of $-40,564 (-4.8%) versus the prior year and $-9,978 versus the prior month.

    For the 2025-04-01 period, Fort Collins had 1,323 MLS listings, a difference of 187 listings (16%) versus the prior month and 488 listings (58%) 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 41 days 2,331 sqft
    2025-04-01 37 days 2,404 sqft
    Fort Collins's median listing age (time on market) for 2025-04-01 was 37 days. This is 0% longer than the same period one year ago.

    Fort Collins's median square footage for active listings during the 2025-04-01 period was 2,404 sqft. One year prior, the average listing was 2,562 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).