30-Year Fixed Jumbo Mortgage Refinance Interest Rates in Colorado

Compare mortgage rates in Colorado

Showing results for: 30-Year Fixed refinance offers for Single Family or Townhome properties in CO, total loan amount of $800,000.

Advertiser Disclosure

Filters

Lender	APR / Rate	Monthly Payment

Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Rates and fees are estimates and subject to change without notice. Payments do not include taxes and insurance premiums. Actual payments may be higher. Not all lenders participate in this marketplace. Loan availability and terms may vary by state and lender. Lender offers, including badges like “Lowest APR” or “Lowest Payment,” are based only on results displayed here and may not reflect the absolute lowest offer available in the market. Rate and product details

Colorado housing market snapshot

Hey Colorado homeowners! The days of double-digit price jumps are over, and that is actually a good thing. The market is finding a healthy balance.

Why This Matters for Your Refinance (The LTV Factor)

• Loan-to-Value (LTV) is the ratio of your loan amount to your home's price. Lenders want this number to be low.
• The Colorado Situation: Since values are flat right now, your LTV won't improve "automatically" through market appreciation this year.
• The Strategy: You will need to rely on your principal payments to lower your LTV. However, most Colorado owners are sitting on massive equity from the 2020-2023 boom, making them very "safe" borrowers who can qualify for prime refinance rates.

Property taxes in Colorado

Colorado has some of the lowest property tax rates in the nation, keeping your monthly obligations lower than many other states.

Colorado refinance programs & homeowner perks

What is a 30-year fixed jumbo mortgage in Colorado?

A 30-year fixed jumbo mortgage in Colorado is a home loan that exceeds the conforming loan limits set by the FHFA, typically around $726,200. This mortgage has a fixed interest rate and consistent monthly payments over 30 years, suitable for high-value properties in Colorado.

How do jumbo mortgage rates in Colorado compare to conventional mortgage rates?

In Colorado, jumbo mortgage rates are generally higher than conventional rates due to the increased risk for lenders. Rates can vary based on your financial profile and market conditions in Colorado.

What are the requirements for a 30-year jumbo mortgage in Colorado?

Lenders in Colorado usually require a higher credit score (typically 700+), a larger down payment (often 20% or more), and a lower debt-to-income ratio compared to conventional loans.

Can I refinance a 30-year jumbo mortgage in Colorado?

Yes, refinancing a jumbo mortgage in Colorado is possible and can help secure a lower rate or change the loan terms. The process may be more stringent due to the higher loan amount.

What are the benefits of a 30-year fixed jumbo mortgage in Colorado?

Benefits include financing higher-value properties, fixed interest rates for stability, and consistent monthly payments over 30 years for homes in Colorado.

Are there closing costs for jumbo mortgages in Colorado?

Yes, closing costs in Colorado can be higher than for conventional loans due to the larger loan amounts and additional scrutiny during approval. They typically range from 2% to 5% of the loan amount.

How can I get the best 30-year jumbo mortgage rate in Colorado?

To get the best rate in Colorado, maintain a high credit score, save for a substantial down payment, and compare offers from multiple lenders. Economic conditions and lender policies in Colorado also play a role.

What is the difference between a conforming and a jumbo loan in Colorado?

A conforming loan in Colorado adheres to the FHFA limits and can be purchased by Fannie Mae or Freddie Mac. A jumbo loan exceeds these limits and is not eligible for purchase by these entities, resulting in different qualifying criteria and potentially higher rates.