Are you looking for down payment assistance in Pueblo CO to buy your first home?
Since 1974, CHFA has invested more than $35.3 billion into Colorado’s economy. These resources have helped:
- 153,043 Colorado homebuyers achieve homeownership;
- 197,896 households attend homebuyer education classes held statewide;
- 82,597 affordable rental housing units be developed or preserved; and
- 8,945 businesses access capital to support 88,340 jobs.
Down Payment and/or Closing Cost Assistance Options
Homebuyers using one of our first mortgage loan programs to finance their home purchase are eligible to use CHFA assistance options to help with down payment and/or closing costs. Even if you contribute towards a down payment, you may still use one of the options below.
Down Payment Assistance Grant*
- Up to the lesser of $25,000 or 3 percent of your first mortgage**
(Example: Get up to $6,000 on a $200,000 mortgage) - No repayment required
Second Mortgage Loan*
- Up to the lesser of $25,000 or 4 percent of your first mortgage**
(Example: Get up to $8,000 on a $200,000 mortgage) - Repayment of loan balance deferred until certain events, such as payoff of your first mortgage, or the sale or refinance of the home, or the home is no longer your primary residence.
How to get a CHFA Loan
Let’s start with a 30 minute class in my office. I’ll go over the entire home buying process, from getting ready to talk to a lender, we’ll discuss your finances, we’ll go over the home search process, including how to tour homes, we’ll cover inspections and home owners insurance as well as the timelines to make all this happen.
Simply fill out the form below and I’ll be in touch with you to schedule a time we can get together. I promise you, it will be the most informative 30 minutes of your life and could very well be the first step to you becoming a homeowner. NO COST, NO OBLIGATION.
