2019 Colorado Conforming Loan Limits

New 2019 Colorado Conforming Loan Limits Conventional Loan Limits have increased for 2019! New maximum loan amount is $484,350. Previous loan limit was $453,100. High cost areas in Colorado do allow exceptions. Please look at chart below for details. Most of the Denver Metro area is considered high cost and allows…

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Denver Refinance

Due to a substantial property value increase in the Denver Metro Area and still very low interest rates, homeowners may now reduce their monthly payment by dropping their interest rate and removing unnecessary mortgage insurance. The Denver real estate market has dramatically gone up in value since 2013 and surprisingly interest rates…

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CHFA Homeowners remove mortgage insurance

As most people are probably aware, property values in Colorado have risen dramatically since 2013. For homeowners who purchased their home utilizing a CHFA or FHA loan, now is an incredible time to refinance into a conventional loan. The reason this is beneficial is because you may now remove your mortgage insurance, pay off your 2nd mortgage…

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Colorado Property Taxes

Below is a chart of the average Colorado tax rate. The Total Tax Rate of .075541 basically means 7.55% of your home’s appraised value. So for example if your home is worth $200,000, your annual property taxes would be $1,510.

County Tax Rate 0.013980
City Tax Rate 0.008752
School District Tax Rate 0.052116
Water and Sanitation Tax Rate 0.000693
Total Tax Rate 0.075541

Denver County will typically have lower property taxes but smaller, newer Cities like Centennial or Highlands Ranch, can be twice as much. If you look closer at the tax rates above, you’ll notice that majority of Colorado property taxes go towards paying for our public schools. Bigger cities like Aurora and Colorado Springs will also have cheaper property taxes due to higher population and having a more established city governments.

Get more info about property taxes directly from Colorado.gov