Not many people realize there are home buyer assistance programs out there! You don't always have to have a ton of money saved to go toward a purchase of a home.
Doing your own research online is a useful tool but, I ALWAYS recommend you talk to a lender for the most accurate and up to date programs that will work for you!
Here are some of the programs we have used with buyer's in Colorado:
FHA loans are known for their low down payment requirements, usually 3.5% down!
CHFA is one that allows people to purchase a home with only $1000 down! They do down payment assistance as well as help with closing costs!
CHAC provides low interest and flexible loans. They also can help with down payment assistance. You get to take a free informational class to learn about how the program works!
Homeownership Assistance: Colorado
Need help buying a home? You may qualify for one of these programs.
Adams County Housing Authority - down payment assistance and Homebuyer Education: (303) 227-2719
Arapahoe County - Homebuyer Program or (303) 738-8060
Bent, Crowley and Otero counties - Tri-County Housing - Downpayment and closing cost assistance, 2nd mortgages for repairs to a home being purchased, and Home Ownership Counseling (719) 263-5168
Boulder County - Outside city limits of Boulder - Down Payment Assistance Program or (303) 651-8530
Cheyenne, Elbert, Kit Carson and Lincoln counties - Prairie Development Corp. Down payment assistance program or (719) 348-5562 or (800) 825-0208
Delta Housing Authority - Delta, Montrose and San Miguel Counties - Down Payment Assistance and Single Family Rehab programs. Call (970) 874-7266.
Douglas County Housing Partnership - Down Payment Assistance Program (303) 784-7857
Eagle County Housing or (970) 328-8770
El Paso County - Single Family Mortgage Bond Program or (719) 520-6481
Grand County Housing Authority - Down Payment Assistance Loan Program and Homebuyer Education, or call (970) 725-3071.
Huerfano and Las Animas Counties - Down Payment Assistance Loan Program and Homebuyer Education, or call (719) 846-7882
Larimer County Home Ownership Program - Outside city limits of Ft. Collins - (970) 667-3232, ext. 39
Logan, Morgan, Phillips, Sedgewick, Yuma and Washington counties - Northeast Colorado Housing, Inc. in Fort Morgan - Down payment assistance program call (970) 542-1221
Weld County - High Plains Housing Development Corp. (970) 353-7437, ext. 103
Denver Colorado Real Estate Professional -Michael Steffen
Michael is a motivated realtor specializing with investors and new home buyers located in the following areas; Denver, Arvada,Aurora and surrounding areas. Michael Steffen uses advanced internet marketing to insure your property gets maximum exposure and holds a high value of ethics in his work to ensure the ideal scenario for everyone! For help with buying or selling a property call 303-981-2750!