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Down Payment Assistance When You are Not a First Time Homebuyer

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You don’t have to be a first time homebuyer with CHFA HomeOpener and CHFA HomeOpener Plus down payment assistance loans.  These are statewide first mortgage programs available to homebuyers. There are no purchase price limits or first time homebuyer requirements, and mortgage loans originated in these programs are not subject to the Recapture Tax provision. The CHFA HomeOpener Plus program includes the CHFA Second Mortgage Loan to assist with down payment and/or closing costs for a single family property. Contact us to find out more @ 303.759.1999.

These programs have income limits, and to qualify, you must attend a CHFA U First Time Homebuyer course if you are a first time homebuyer or CHFA U Money Management course if you are not a first time homebuyer. You must also contribute a minimum $1,000 of your own funds to the purchase of the home. The property must be occupied by the homebuyer and not used as a rental property.

 

 

 

 

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Get a No Closing Cost Loan

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Purchase a featured home from Stillman Real Estate, obtain financing through Colorado Finance Corporation, and we will pay your closing costs. There are a few restrictions so please contact us regarding the details @ 303.759.1999.