FHA · Denver

FHA Loans (Investor Angle) in Denver, CO

Loan-size math and qualifying analysis for FHA financing on Denver's $542k median home value. Moderate fit.

Recommendation

Moderate fit for Denver.

Denver medians ($542k) usually fit within FHA county loan limits. House-hacking math depends on finding a 2-4 unit property near median.

Loan math · Denver

Payment on Denver's $542k median.

Median home value (Denver)$541,899
Assumed LTV97%
Loan amount$522,933
Cash to close (down payment)$18,966
Assumed rate6.75%
Term30-year amortizing
Monthly P&I$3,392/mo
What it is

FHA financing — the mechanics.

A residential mortgage insured by the Federal Housing Administration. Low down-payment + flexible credit. Critically for investors: FHA loans are assumable — a new buyer can take over the original loan with the same rate and terms (subject to lender approval).

Original FHA: 580+ FICO, 3.5% down, owner-occupancy required at origination. Assumption: new buyer needs ~$500-1,500 fee + creditworthiness check + occupancy intent.

State context · Colorado

How Colorado law affects this loan.

See full FHA in Colorado breakdown.

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FAQ

Frequently asked.

What's the typical FHA loan size for a property in Denver?

On Denver's $542k median home value, a FHA loan at the standard 97% LTV would be approximately $523k, requiring $19k down.

What's the monthly payment on a typical FHA loan in Denver?

Fully-amortizing 30-year payment on a $523k FHA loan at the typical rate of 6.75% would be approximately $3k/month, excluding taxes and insurance.

Is Denver a good market for FHA financing?

Denver medians ($542k) usually fit within FHA county loan limits. House-hacking math depends on finding a 2-4 unit property near median.

What credit and reserves do FHA lenders require for Denver properties?

Original FHA: 580+ FICO, 3.5% down, owner-occupancy required at origination. Assumption: new buyer needs ~$500-1,500 fee + creditworthiness check + occupancy intent.

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