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CHFA is the Real Deal!

November 2, 2018

 

 

Haven't heard of CHFA before? Oooooo boy... 😊. CHFA stands for the Colorado Housing and Finance Authority. It is a government loan program that gives buyers grant money towards closing costs and a down payment! 💲When using CHFA it does not make you any less of a desirable buyer, in fact most sellers won't even know your utilizing the program. There are a few rules with the program, but many qualify and it is a  great option! ❤️

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Fun fact, you don't have to be a first time home buyer to use it! 🎉

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There are income limits when using CHFA. The maximum income for 1-2 person household in all Colorado counties is $115,000 🏡

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What are your assistant programs: 

4% Grant:

Ex) $300,000 home = $12,000+ in assistance

5% interest free second Mortgage:

 Ex) $300,000 home = $15,000+ in assistance

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CHFA is a fantastic program! Curious about it? Reach out! 🙌

 

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