First-time homebuyers, are you looking for money to help with a down payment or closing costs? Even if
you're not buying for the first time or you're looking to refinance, the Colorado Housing and Financing
Authority (CHFA) offers incredibly flexible loan programs to any Coloradan — many with competitive fixed
There are a variety of programs
within the CHFA loan. Speak with one of our CHFA mortgage consultants to check the most current eligibility
requirements for each program to determine which one is the best fit for you.
CHFA Advantage℠ Refinance
CHFA Preferred℠ Refinance
CHFA SectionEight℠ Homeownership
CHFA FHA Streamline Refinance
CHFA can help Coloradans with down payment assistance, helping them get into a house for as little as $1,000
down. Some borrowers may even be able to avoid mortgage insurance. Access to CHFA advantages is dependent on
(which is determined at the county level and by size of household).
Not to mention, there are also down payment assistance grants and zero-percent second mortgage loans (which
help to cover down payment requirements and closing costs).
It's important to understand that CHFA is the loan servicer. That means they take over the loan after you
complete the mortgage process with a participating CHFA lender, like American Financing.
As an approved and top producing CHFA lender, American Financing has mortgage consultants ready to
pre-qualify you and walk you through options. Get started today. Make the call to (800) 910-4055, or complete
the online application to work with an experienced CHFA lender.
1. All loans are subject to underwriter approval; terms and conditions may apply. Qualifications (LTV, DTI, FICO score, loan amount) are subject to change without notice and may vary by state.
2. The homebuyer education class is required and must be completed before closing. It can be completed online or in person. The curriculum includes: discussion of key players and their roles in the home buying process, successful money management tips, taxes and insurance, consumer laws, steps in the mortgage process, how to protect your investment, and discussion of the true cost of homeownership — among many other topics.