CHFA Down Payment Assistance
CHFA (Colorado Housing and Finance Authority) provides various housing-related programs and services, including down payment assistance for qualified homebuyers in Colorado Springs and throughout Colorado.
Program Benefits
- ✓Second mortgage loan for down payment and closing costs
- ✓Lower interest rates
- ✓Deferred payment options
- ✓30-year fixed-rate loans
- ✓Flexible qualification criteria
Eligibility Requirements
- •Income limits apply
- •Credit score requirements
- •Homebuyer education course completion
- •Property must be in Colorado
- •Must be primary residence
CHAC Down Payment Assistance
CHAC (Colorado Housing Assistance Corporation) is a non-profit organization providing down payment assistance to help low-to-moderate income families achieve homeownership in Colorado Springs and beyond.
Program Features
- ✓Silent second mortgage options
- ✓Affordable repayment terms
- ✓Flexible qualification criteria
- ✓Combined with first mortgages
- ✓Support throughout the process
Application Process
- •Contact CHAC directly
- •Work with participating lenders
- •Submit required documentation
- •Complete homebuyer education
- •Property eligibility verification
How We Can Help
At Bluebird Mortgage, we work closely with both CHFA and CHAC to help our clients access down payment assistance programs. David Jeffrey will:
- ✓Guide you through the application process
- ✓Help determine your eligibility
- ✓Explain program requirements and benefits
- ✓Coordinate with assistance programs
- ✓Support you throughout your homebuying journey
Ready to Learn More?
Contact us today to discuss down payment assistance options and start your journey to homeownership. David Jeffrey is here to help you understand your options and find the right program for your needs.