Colorado Mortgage Guide
Complete Colorado mortgage guide with median home prices, property tax rates, denial rates, and down payment assistance programs for 2026.
In Colorado, the median home price is $545,073 and median household income is $92,911. The mortgage denial rate for home purchases is 7.62% according to 2025 HMDA data. 2 down payment assistance programs are available, including CHFA DPA Grant (Up to $25,000 or 3% of first mortgage (whichever is less) as a grant that does not require repayment.).
Colorado at a Glance
Median prices based on 2025 FHFA data. Income from 2024 Census ACS. Denial rates from 2025 HMDA data.
Mortgage Calculator for Colorado
Estimate your monthly payment with the interactive Colorado mortgage calculator. Includes property taxes, mortgage insurance, and down payment assistance programs.
Open Calculator →Mortgage Denial Rates in Colorado
In 2025 Home Mortgage Disclosure Act (HMDA) data for home purchases, Colorado logged 116,460 final-action applications. The mortgage denial rate was 7.62% and the originated share was 70.04%.
These figures show aggregated market outcomes, not an individual buyer's approval odds. Use these figures as context, not a prediction.
Down Payment Assistance Programs in Colorado
CHFA DPA Grant
Colorado Housing and Finance Authority (CHFA)
Up to $25,000 or 3% of first mortgage (whichever is less) as a grant that does not require repayment.
CHFA DPA Second Mortgage
CHFA
Up to $25,000 or 4% of first mortgage as a deferred second mortgage; repayment deferred until sale, refinance, or payoff.
Colorado County Calculators
These calculators use local tax and benefit data for each county.
Denial: 11.25% · Tax: 0.65% · 1 DPA programs
Denial: 6.46% · Tax: 0.60% · 1 DPA programs
Denial: 5.47% · Tax: 0.57% · 1 DPA programs
Denial: 5.59% · Tax: 0.55% · 1 DPA programs
Denial: 4.65% · Tax: 0.62% · 1 DPA programs
Denial: 6.74% · Tax: 0.52% · 1 DPA programs
Denial: 4.88% · Tax: 0.55% · 1 DPA programs
Colorado City Calculators
These calculators include local taxes, closing costs, and assistance programs for each city.
Colorado Mortgage FAQ
What is the median home price in Colorado?
The median home price in Colorado is approximately $545,000 as of 2025, based on FHFA housing price index data.
Does Colorado have down payment assistance programs?
Yes. Colorado offers CHFA DPA grants (up to $25,000 or 3%), CHFA DPA second mortgages (up to $25,000 or 4%), and CHFA FirstGeneration DPA for first-generation homebuyers.
What is the mortgage denial rate in Colorado?
The statewide mortgage denial rate for home purchases in Colorado is 7.62% based on 2025 HMDA data, below the national average.
How do Colorado property taxes compare to other states?
Colorado has relatively low property taxes, averaging around 0.51%, significantly below the national average of approximately 1.1%.