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As a Colorado Housing and Finance Authority (CHFA) Participating Lender, AnnieMac Home Mortgage supports affordable financing options for first-time homebuyers as well as current homeowners seeking to buy or refinance.
Colorado homebuyers can take advantage of CHFA's flexible home loan advantages to help with down payments, insurance, closing costs, and more.
All CHFA loans require completion of a CHFA-sponsored homebuyer education class The class can be completed in-person, for free, or online for a fee of $99.00.
Colorado homebuyers can take advantage of CHFA's flexible home loan advantages to help with down payments, insurance, closing costs, and more.
All CHFA loans require completion of a CHFA-sponsored homebuyer education class The class can be completed in-person, for free, or online for a fee of $99.00.
CHFA Down Payment Assistance Grant
- Receive up to 3.0% of your 1st Mortgage **
Example: Receive up to $6,000.00 on a $200,000.00 mortgage
- No Repayment Required
CHFA Second Mortgage
- Receive up to 4.0% of your 1st Mortgage **
Example: Receive up to $8,000.00 on a $200,000.00 mortgage
- Repayment of loan balance deferred until certain events, such as payoff of your 1st mortgage, or the sale or refinance of the home.
Continue the Savings with a CHFA Loan Program
CHFA Preferredsm
CHFA Preferred™ requires a minimum credit score of 620 and offers lower monthly mortgage insurance payments than similar programs in the market. Add on CHFA’s optional Down Payment Assistance Grant (CHFA DPA Grant), to help cover the low 3% down payment, closing costs, and/or prepaids.
CHFA FirstStepsm
CHFA SmartStep requires a credit score of 620 and typically offers one of our lowest interest rates. You can also get a CHFA Down Payment Assistance Grant (CHFA DPA Grant) to help with the down payment, closing costs, and/or a prepaid option.
To qualify for this program:
To qualify for this program:
- You must have income and total loan amount must be within limits;
- You must complete a CHFA homebuyer education class (online or in-person) prior to loan closing;you must contribute a minimum of $1,000 toward the purchase of the home
- you must have a credit score of 620
CHFA SmartStepsm
CHFA SmartStep requires a credit score of 620 and typically offers one of our lowest interest rates. You can also get a CHFA Down Payment Assistance Grant (CHFA DPA Grant) to help with the down payment, closing costs, and/or a prepaid option.
CHFA Income Limits
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