CHFA

CHFA provides a variety of mortgage programs to home buyers in Colorado, and they now offer a Down Payment Assistance Grant with several of their programs which covers closing costs and/or down payment funds. Most CHFA programs do not require borrowers to be first-time home buyers, but they do require a $1,000 minimum financial investment (which can be gifted). Borrowers must meet program income limits, and the transaction must meet underwriting guidelines.