Amber Tanner Mortgages
Colorado CHFA Programs

CHFA Down Payment Assistance Colorado

Colorado Housing and Finance Authority programs can cover your down payment and closing costs. Find out if you qualify — and how to get started today.

Check Your Colorado Eligibility(602) 330-8930

What Is CHFA Down Payment Assistance?

The Colorado Housing and Finance Authority (CHFA) offers down payment assistance loans and grants to help Colorado residents buy their first home — or their next one. CHFA partners with approved lenders to provide below-market interest rates, down payment assistance of up to 3% of the loan amount, and special grants for first-generation homebuyers. Programs are available statewide, including the Denver metro area, Colorado Springs, Fort Collins, and beyond.

CHFA Program Requirements

Minimum Credit Score
620 (some programs require 640+)
Income Limits
Vary by county — Denver metro up to ~$180,000
Purchase Price Limit
Up to $726,200 (conforming); higher in high-cost counties
First-Time Buyer Requirement
Required for most programs; waived in targeted areas
Homebuyer Education
CHFA-approved course required before closing
Occupancy
Primary residence only
Down Payment Assistance
Up to 3% of first mortgage as a second loan or grant
First-Gen Grant
Up to $25,000 for eligible first-generation buyers

How to Get CHFA Assistance

01

Get Pre-Approved

Work with a CHFA-approved lender like Amber Tanner to confirm your income, credit, and purchase price eligibility.

02

Complete Homebuyer Education

Take a CHFA-approved homebuyer education course online or in person — required before closing.

03

Choose Your Program

Select the CHFA loan and DPA option that fits your situation — SmartStep, HomeOpener, or the First-Generation Grant.

04

Close on Your Home

Your CHFA assistance is applied at closing, reducing or eliminating your out-of-pocket down payment.

More Colorado Mortgage Resources

CHFA First-Generation Homebuyer GrantVA Home Loan Specialist — Colorado SpringsDenver Metro First-Time Home Buyer GrantsCash-Out Refinance Denver ColoradoHigh Balance Conforming Loan Limits ColoradoRemove PMI — Refinance ColoradoIndependent Mortgage Broker Denver COIRRRL VA Streamline Refinance ColoradoDebt Consolidation Refinance ColoradoArizona Home Plus Down Payment Assistance

Ready to Use CHFA Assistance?

I'm a CHFA-approved lender serving all of Colorado. Let's find the right program for your situation and get you pre-approved fast.

Check Your Eligibility Now(602) 330-8930