Tags: 2022 Low-Cost Colorado
This page contains the Conforming, FHA, VA, and HECM Loan Limits for each housing type in Mineral County.
Loan Limit Tables Mineral County, CO
Loan Limits are the maximum amount of money allowed to be lent for a particular kind of loan. Different types of loans have different limits. Below are the 2022 loan limits for Mineral County, CO.
Conforming Loan Limits
FHA Loan Limits
Loan Limit Breakdown
Median Home Price
The Federal Housing Finance Agency (FHFA) conducts an annual survey to determine the median home prices in each county or metro area in the US. Median home price is then used to determine the loan limits in Mineral County.
The last survey of home prices in Mineral County was conducted in 2020 and found the median home price was $300,000.
Loan Limits Summary
Based on the median home price, Mineral County was determined to be a "low-cost" area. Accordingly, 2022 loan limits in Mineral County are set equal to the national baseline limit.
The 2022 conforming loan limit for a single-family home in Mineral County, CO is $647,200. The FHA loan limit for a single-family home is $420,680.
The tables above provide a complete breakdown of 2022 loan limits in Mineral County, CO for FHA Loans, Conforming Loans, VA Loans, and HECM Reverse Mortgages.
Loan Limits on this page apply to the following city in Mineral County, Colorado: Creede.
These loan limits also apply to the following ZIP code in Mineral County, Colorado: 81130.
More on Mineral County, CO
Want to learn more about Mineral County, CO? See Fair Market Rents in Mineral County, CO to view 40th percentile FMRs and SAFMRs by ZIP code or click here to find a Public Housing Authority near Mineral County, CO who can help with finding affordable housing near you.
Link to this Page:
Questions or Comments? Contact us