Interested in purchasing your first home, but don't have enough money saved up? The state of Colorado offers many benefits to first time home buyers such as down payment assistance programs.
Colorado Housing and Finance Authority (CHFA) offers a Down Payment Assistance program (Grant & Loan) up to 4% of first mortgage for down payment and/or closing costs. It's available in all Colorado's cities and counties.
NEWSED Community Development Corporation Down Payment Assistance offers up to $6,500 depending on need for down payment and closing costs. It's available in the Denver metropolitan area (Adams, Arapahoe, Broomfield, Denver, Douglas and Jefferson counties).
MetroDPA Down Payment Assistance ogffers up to a percentage of your loan of a 30-year loan for down payment and closing costs. It's available in the Front Range from Castle Rock to Wellington (Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, Elbert, Jefferson and Larimer counties).
Boulder County offers a Down Payment Assistance program up to 10% of the purchase price, (but to $40000 maximum). This program is for down payment and closing cost assistance to first time homebuyers purchasing a home in Boulder County (outside of the city limits of Boulder).
El Paso County, Colorado has a “turnkey plus” single-family mortgage program that provides down payment assistance of up to 5% CCA in the form of a second rate mortgage with 0% interest rate, for individuals and families in El Paso County and Colorado Springs, which is not due until the first mortgage is paid off.
The Colorado Housing Assistance Corporation (CHAC) offers flexible, low-interest loans recorded as a second mortgage (lien) on the property being purchased to low-to-moderate-income first time homebuyers for the down payment and closing cost assistance throughout Colorado.
Smart Start First Time Home Buyers works with all down payment assistance programs in Colorado. We are experts working with municipal, county, state and federal programs to make the home buying process more accessible to each buyer's financial situation. Our team has extensive experience in matching our clients with the program that benefits them the most.
What are you waiting for?
Your Home, Your Dreams, Our Priority!
Marvin and his team are amazing to work with! He helped me purchase my first home several years ago and then our second home more recently. His excitement, patience, support and kindness made the home buying process enjoy and simple. Especially as a first-time home buyer and being very unsure of the process, Marvin and his team were available and patient when answering all of my questions and concerns.
I had a very good experience with Marvin and his team when we bought our first home to when we sold and bought our second home they are always here when we needed them and they would answer our questions when we didn’t understand and helped us with the process go faster and easier and their always check up on us and sending us cards every fall which I love thanks for everything Marvin and team.
Marvin is amazing! If you’re looking to buy or sell your home, I HIGHLY recommend him! He was referred to us by a family member, and for good reason. He’s very responsive and detail-oriented. He made sure we knew everything we needed to know about buying our first home, and we couldn’t be happier with his service! We love our new house and we’re so grateful to him for helping us find it!
Marvin is the BEST! He really fought for us and we even had our choice between 2 houses in which the sellers were making us offers! We will definitely be using him again for our next house! He is so knowledgeable about the home buying process and made our first time so easy! We just love Marvin and couldn’t be more grateful that he was our realtor!
Marvin was always available to show properties when I needed. He was extremely knowledgeable about the entire process, explaining each part step by step. Marvin and his team helped my daughter purchase a house and that's how I knew to work with them. I would highly recommend Marvin and his team to anyone. I'm completely satisfied!!
