HomePilot is a licensed Colorado mortgage broker. The Colorado housing market is two distinct markets: the Front Range corridor (Denver, Colorado Springs, Fort Collins, Boulder), where most population and most loan volume sits, and the mountain resort markets (Eagle, Pitkin, Summit, San Miguel counties) where median home prices push into jumbo territory and even the high-balance conforming limits get used. We price both. Wholesale-channel access plus 40+ lender partners means we can match the right loan structure to either market.
The Colorado housing market, in brief
Front Range markets have been resilient — Denver-metro median is around $580K, Colorado Springs around $440K, Boulder around $720K. Mountain counties are a different story: Eagle (Vail), Pitkin (Aspen), San Miguel (Telluride), and Summit (Breckenridge) routinely have median sale prices over $1M, which means baseline conforming maxes out fast and you're either at the high-balance ceiling or shopping jumbo. Property taxes are very low — Colorado has the second-lowest effective property tax rate in the country at ~0.51%. Gallagher Amendment repeal (2020) plus the residential assessment-rate adjustments mean owner-occupied homes are taxed favorably.
Loan programs we originate in Colorado
CHFA (Colorado Housing and Finance Authority) runs the state's first-time-buyer programs. CHFA Preferred and CHFA Plus combine a competitive first-mortgage rate with a deferred-payment or grant-style down-payment assistance second. Income limits and homebuyer education requirements apply. The Metro DPA program (Denver-area cities) layers another DPA option for borrowers in specific municipalities. We work with all the wholesale lenders that fund CHFA programs.
- Conventional — up to $806,500 (baseline) or $1,209,750 (high-balance, in designated counties).
- FHA — up to $711,750 in Denver / Adams / Arapahoe / Jefferson counties; limits vary by county, set annually by HUD.
- VA — no maximum loan amount for borrowers with full entitlement (since 2020). Funding fee applies.
- USDA Rural Development — zero-down, income-limited, available in eligible rural and outer-suburban areas.
- Jumbo — above the conforming ceiling. Pricing varies by lender; we shop multiple jumbo programs.
- Refinance & cash-out — rate-and-term refinances, cash-out refinances, debt-consolidation refis.
Colorado first-time-buyer programs
We work with the wholesale lenders that fund every major Colorado down-payment-assistance program — meaning the DPA stacks on top of our wholesale-channel rate, not in place of it.
- CHFA Preferred / CHFA Preferred Plus — First-mortgage program (conventional, FHA, VA, or USDA) paired with a deferred-payment 'silent second' DPA up to 3-4% of the loan amount. Income limits apply; CHFA homebuyer-education class required.
- Metro DPA (Denver-area cities) — Down-payment assistance program for borrowers buying in participating municipalities (Denver, Aurora, Lakewood, Adams County, etc.). Up to 5% in DPA depending on borrower income tier and the municipality's funding.
- El Paso County Turnkey Plus — Colorado Springs / El Paso County program offering 4% down-payment grant (no repayment) for qualified first-time buyers. Stacks with FHA, VA, USDA, or conventional first mortgages.
Top metros we serve in Colorado
We’re licensed across Colorado — every county. Most of our volume comes from these metros: