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Summary: This page includes all Colorado county conforming loan limits for 2020, as well as some information about why such caps are established. Home loans that exceed the maximum amounts displayed below are considered “jumbo” mortgages.

The 2020 conforming loan limit for most counties in Colorado is set at $510,400, an increase over 2019’s cap of $484,350. In the more expensive counties of Colorado, the single-family loan limits in 2020 will be higher, as is outlined in the chart below.

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2020 Conforming Loan Limits for Colorado

The table below shows conforming loan limits for all Colorado counties and for all unit types. Keep in mind that a single-family residence is referred to as a 1-unit property below, so if you are thinking of buying a single-family home in 2020, refer to the 1-unit column below. Duplexes are referred to as 2-unit properties, triplexes are referred to as 3-unit properties, and multi-plexes are referred to as 4-unit properties below.

County Name1-Unit2-Units3-Units4-Units
ADAMS$575,000$736,100$889,800$1,105,800
ALAMOSA$510,400$653,550$789,950$981,700
ARAPAHOE$575,000$736,100$889,800$1,105,800
ARCHULETA$510,400$653,550$789,950$981,700
BACA$510,400$653,550$789,950$981,700
BENT$510,400$653,550$789,950$981,700
BOULDER$644,000$824,450$996,550$1,238,500
BROOMFIELD$575,000$736,100$889,800$1,105,800
CHAFFEE$510,400$653,550$789,950$981,700
CHEYENNE$510,400$653,550$789,950$981,700
CLEAR CREEK$575,000$736,100$889,800$1,105,800
CONEJOS$510,400$653,550$789,950$981,700
COSTILLA$510,400$653,550$789,950$981,700
CROWLEY$510,400$653,550$789,950$981,700
CUSTER$510,400$653,550$789,950$981,700
DELTA$510,400$653,550$789,950$981,700
DENVER$575,000$736,100$889,800$1,105,800
DOLORES$510,400$653,550$789,950$981,700
DOUGLAS$575,000$736,100$889,800$1,105,800
EAGLE$750,950$961,350$1,162,050$1,444,150
ELBERT$575,000$736,100$889,800$1,105,800
EL PASO$510,400$653,550$789,950$981,700
FREMONT$510,400$653,550$789,950$981,700
GARFIELD$765,600$980,325$1,184,925$1,472,550
GILPIN$575,000$736,100$889,800$1,105,800
GRAND$510,400$653,550$789,950$981,700
GUNNISON$510,400$653,550$789,950$981,700
HINSDALE$510,400$653,550$789,950$981,700
HUERFANO$510,400$653,550$789,950$981,700
JACKSON$510,400$653,550$789,950$981,700
JEFFERSON$575,000$736,100$889,800$1,105,800
KIOWA$510,400$653,550$789,950$981,700
KIT CARSON$510,400$653,550$789,950$981,700
LAKE$625,500$800,775$967,950$1,202,925
LA PLATA$510,400$653,550$789,950$981,700
LARIMER$510,400$653,550$789,950$981,700
LAS ANIMAS$510,400$653,550$789,950$981,700
LINCOLN$510,400$653,550$789,950$981,700
LOGAN$510,400$653,550$789,950$981,700
MESA$510,400$653,550$789,950$981,700
MINERAL$510,400$653,550$789,950$981,700
MOFFAT$510,400$653,550$789,950$981,700
MONTEZUMA$510,400$653,550$789,950$981,700
MONTROSE$510,400$653,550$789,950$981,700
MORGAN$510,400$653,550$789,950$981,700
OTERO$510,400$653,550$789,950$981,700
OURAY$510,400$653,550$789,950$981,700
PARK$575,000$736,100$889,800$1,105,800
PHILLIPS$510,400$653,550$789,950$981,700
PITKIN$765,600$980,325$1,184,925$1,472,550
PROWERS$510,400$653,550$789,950$981,700
PUEBLO$510,400$653,550$789,950$981,700
RIO BLANCO$510,400$653,550$789,950$981,700
RIO GRANDE$510,400$653,550$789,950$981,700
ROUTT$638,250$817,050$987,650$1,227,400
SAGUACHE$510,400$653,550$789,950$981,700
SAN JUAN$510,400$653,550$789,950$981,700
SAN MIGUEL$625,500$800,775$967,950$1,202,925
SEDGWICK$510,400$653,550$789,950$981,700
SUMMIT$625,500$800,775$967,950$1,202,925
TELLER$510,400$653,550$789,950$981,700
WASHINGTON$510,400$653,550$789,950$981,700
WELD$510,400$653,550$789,950$981,700
YUMA$510,400$653,550$789,950$981,700

How These Limits Are Set

Colorado conforming loan limits are established by the Federal Housing Finance Agency (FHFA), which is required to track average home prices in Colorado and the rest of the country. The FHFA is also required to adjust the baseline conforming loan limit every year as needed to reflect fluctuations in home values.

As such, if home prices increase quite a bit, the FHFA will likely increase the corresponding conforming loan limits to keep pace with an increase in home values. Conforming limits are generally set at 115% of the average price of homes in each area, though they can go above this level in high-cost centers.

In 2020, the conforming limit for most counties in Colorado will be $510,400. There are a few exceptions, however, in which the loan limits are much higher than this. As per the chart above, the following counties will see loan limits higher than the state baseline of $510,400:

  • Adams County – $575,000
  • Arapahoe County – $575,000
  • Boulder County – $644,000
  • Broomfield County – $575,000
  • Clear Creek County – $575,000
  • Denver County – $575,000
  • Douglas County – $575,000
  • Eagle County – $750,950
  • Elbert County – $575,000
  • Garfield County – $765,600
  • Gilpin County – $575,000
  • Jefferson County – $575,000
  • Lake County – $625,500
  • Park County – $575,000
  • Pitkin County – $765,600
  • Routt County – $638,250
  • San Miguel County – $625,500
  • Summit County – $625,500

Why Loan Limits Were Increased for 2020

As mentioned earlier, an increase in home prices is the main reason why conforming loan limits increase every year. In Colorado, the median home price reached $385,200 as of December 2019, which is an increase of 3.9% from the same time last year. In different parts of the state, the increase in prices was even higher, such as in Colorado Springs which saw an increase in home prices of 7.2% over the past 12 months, reaching $302,900 from $287,000 last December.

In response to these increases, the conforming loan limits have also increased.

According to a November 2019 news release from FHFA:

“As a result of generally rising home values, the increase in the baseline loan limit, and the increase in the ceiling loan limit, the maximum conforming loan limit will be higher in 2020 in all but 47 counties or county equivalents in the U.S.

With the exception of a few, most counties across the nation will see higher loan limits in 2020 compared to 2019.

Live Colorado Mortgage Rates Nov, 26, Thu, 2020

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