Loan Type
USDA
LOANS
Zero down payment financing for eligible rural and suburban properties throughout Colorado. More areas qualify than you might think.
Zero down payment financing for eligible rural and suburban properties throughout Colorado. More areas qualify than you might think.
USDA Rural Development loans are designed to help low-to-moderate income families achieve homeownership in eligible areas. Many Colorado communities outside major metro centers qualify, including suburbs you might not expect.
Zero down payment required. One of only two loan types (along with VA) that offers true 100% financing for eligible buyers.
USDA loans often have the lowest rates available because of the government guarantee, saving you money over the life of your loan.
USDA guarantee fees are significantly lower than FHA mortgage insurance—just 1% upfront and 0.35% annually.
While 640+ is preferred for automated approval, manual underwriting may allow scores as low as 580 with compensating factors.
Roll closing costs into your loan if the home appraises for more than the purchase price, or have sellers pay them.
Unlike FHA with loan limits, USDA doesn't cap the purchase price—only your income determines eligibility.
USDA eligibility is based on both property location and household income. Many Colorado areas qualify—use the USDA eligibility map to check specific addresses.
Must be in a USDA-eligible rural or suburban area. Many Colorado communities qualify including areas around Colorado Springs, Fort Collins, and mountain towns.
Household income cannot exceed 115% of the area median income. Limits vary by county and household size—many middle-class families qualify.
Property must be your primary residence. No investment properties or vacation homes allowed with USDA financing.
640+ for automated underwriting approval. Lower scores possible with manual underwriting and strong compensating factors.
Generally 41% maximum, though exceptions up to 44% may be made with automated approval and compensating factors.
USDA loans make rural and suburban homeownership achievable with zero down payment. Discover the peace and space of Colorado's eligible areas.
USDA loans are perfect for buyers looking outside major metro areas with moderate incomes.
Those looking to buy in small towns, rural areas, or suburban communities outside major cities.
Buyers who haven't saved for a down payment but have stable income within USDA limits.
Those purchasing their first home who want the best possible terms with no money down.
Many Colorado mountain communities and ski towns qualify for USDA financing.
Property not in an eligible area? Explore other loan options.
Low down payment options with flexible credit requirements, ideal for first-time buyers.
Traditional financing with competitive rates, flexible terms, and no mortgage insurance with 20% down.
Zero down payment financing exclusively for eligible veterans, active military, and qualified spouses.
Financing for luxury homes exceeding $766,550 conforming loan limits.
Explore unique financing solutions for specific situations.
Buy your next home before selling your current property with flexible short-term financing solutions.
Specialized financing for medical professionals with flexible debt ratios and no PMI options.
Build your dream home with one-time close construction-to-permanent financing solutions.
Finance both purchase and renovations with FHA 203k and Conventional HomeStyle programs.
Financing options for warrantable and non-warrantable condominiums in Colorado communities.
Alternative financing for self-employed borrowers using bank statements or asset-based qualification.
Investment property financing based on rental income without personal income verification.
Reduce your initial mortgage payments with 2-1 and 1-0 buydown programs for easier affordability.