Down payment assistance:
- By partnering with Colorado Housing Finance Authority, you may be eligible for grants to help you pay your down payment and closing costs.
CHFA DPA grant:
- Up to 4 percent of your first mortgage. (Example: Get up to $8,000 on a $200,000 mortgage)
- No repayment required.
Zero-percent second mortgage:
- Up to 5 percent of your first mortgage. (Example: Get up to $10,000 on a $200,000 mortgage)
- Repayment of a loan balance deferred until you pay off your first mortgage, or upon sale or refinance of the home.