Forgotten Your Password?

Need to Register?

Question Icon

good chance of assistance through CHFA?

i'm in colorado and looking for down payment assistance programs. found out about CHFA. not sure of what requirements are but i'm hoping to do a 280k property and have 3%. is anyone here familiar/chfa approved lender? by suziriddick794844 from Wolcott, Colorado. Nov 4th 2014 Reply


William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,055 contributions

You can try contacting CHFA directly and ask for a list of approved lenders.. this will save you a lot of time.. But according to their website, they have been out of funds since late October.. FHA requires 3% down, and conventional financing requires 5%.. There might be other programs out there that can help, so try reaching out to a local mortgage broker.. they should be familiar with any local down payment assistance programs.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Nov 4th 2014
1
0
Justin Borvansky (JustinBorvansky)
#42 ranked lender in Colorado - 7 contributions

We help many borrowers with CHFA loans. Please feel free to give me a call.

Nov 4th 2014
0
0
Justin Borvansky (JustinBorvansky)
#42 ranked lender in Colorado - 7 contributions

303-919-4288

Nov 4th 2014
0
0
David Hosterman NMLS 220562 (dhosterman)
#13 ranked lender in Colorado - 26 contributions

We can certainly do CHFA as well as other down payment assistance programs. We have approval with other companies that may be a better option for you. I woudl love to chat with you about your options. Some of these programs require no money down. Let me know if I can help in any way. Thanks and have a great day!

Nov 4th 2014
0
0
Sean Young (SeanYoung)
#2 ranked lender in Colorado - 1,109 contributions

We can do a CHFA loan and with 3% down you may want to see if you can qualify for the CHFA Advantage program that is 3% down with no mortgage insurance. Great program. If you are looking for down payment assistance you can also look at the 5% NHF grant that actually gives you 5% towards your 3.5% FHA down payment and a portion of your closing costs. I am available at 303-521-7169 or syoung@firstcal.net / Best wishes, Sean

Nov 4th 2014
0
0

i apreciate all the help but i need to clarify: CHFA is OUT of funds, but I can still get financed through them and use something like NHF for down payment/closing cost assistance? or are they two different things?

Nov 5th 2014
0
0
Sean Young (SeanYoung)
#2 ranked lender in Colorado - 1,109 contributions

CHFA is only out of MCC, Mortgage Credit Certificate funds. They still do the $1,000 SmartStep Plus and the 3% down CHFA Advantage with no mortgage insurance. The NHF Platinum is a 5% grant that is given to you and the 5% covers the entire 3.5% down payment and anything left over goes towards closing costs. If you would like some more information on any of these programs I will be available at 303-521-7169 or syoung@firstcal.net / Sean

Nov 5th 2014
0
0
Sean Young (SeanYoung)
#2 ranked lender in Colorado - 1,109 contributions

Just to clarify, CHFA and NHF are two separate programs and can't be used together. The CHFA SmartStep Plus is a FHA loan and the CHFA Advantage is a conventional loan. The NHF Platinum is an FHA program. We offer both options.

Nov 5th 2014
0
0
Web Master (webmaster@chfainfo.com)
#105 ranked lender in Colorado - 1 contribution

Thanks for your interest in using a CHFA loan to purchase your home. CHFA has loan funds available. A list of our participating lenders may be found at http://www.chfainfo.com/homeownership/Pages/find-lender.aspx. Please contact us at 1.888.320.3688 if you have any questions.

Nov 7th 2014
0
0
Subscribe to our news feed.