C.R.S. § 11-38-108

(1) A reverse mortgage may be made or acquired without regard to the following provisions for other types of mortgage transactions set out in the statutes specified in this subsection (1): (a) Any law of this state limiting loan-to-value ratios; (b) Prohibitions on balloon payments pursuant to section 5-3-208 , C.R.S.; (c) Any law of this state limiting interest on interest, the adding of deferred interest to principal, or the compounding of interest; (d) Subject to section 11-38-105 (3), interest rate limits under the usury statutes pursuant to sections 5-12-103 and 18-15-104 , C.R.S.; (e) Any law of this state applicable to insurance or insurance companies under title 10, C.R.S.